The Bangladesh government yesterday signed an agreement with the Netherlands and the World Bank Group, including its private sector arm, the International Finance Corporation (IFC), along with the 2030 Water Resources Group, to strengthen the management of the Bangladesh delta, Asia’s largest…

State Minister for ICT Junaid Ahmed Polok has urged all concerned to explore the advancement of latest mobile technologies to avail the utmost benefit out of it, BBS reports from Rajshahi. “Mobile phone has brought the whole world in the grips of the people. It changed the country. Mobile has…

Xinhua, DUBAI: Adil Al-Zarooni, vice president of the Dubai-based Jebel Ali Free Zone (JAFZA), on Monday said the booming bilateral trade between China and Dubai will help Islamic goods and services to flourish in the global market. Speaking to Xinhua at a seminar of Islamic, or “Halal Products,”…

Xinhua, VIENNA: The financial crisis that struck global economies in 2007 began a new era of low growth rates that continue to persist today, governor of the National Bank of Austria (OeNB) Ewald Nowotny said on Monday. The most recent forecasts show there has been no catch-up to pre-crisis growth rates,…

Share price indices at the country’s twin bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) --continued to gain yesterday amid increased participation. The DSE benchmark index, DSEX gained 29.16 points or 0.65 per cent to close at 4506.72 on the day. The DS30, comprising…

AFP, PARIS: Migrant workers in Europe sent a whopping $109.4 billion back to their home countries last year—supporting an estimated 150 million people around the world, a new report said Monday. Two-thirds of that money went to developing countries, mostly in Asia and Africa, the study by the…

AFP, TOKYO: Toyota yesterday won approval for a controversial new share sale that it defended as a way to lure stable, long-term investors, overcoming stiff opposition from some institutional shareholders overseas. The world's biggest automaker said 75 per cent of shareholders voted in favour of…

Xinhua, YANGON: Myanmar and Thailand have reached a memorandum of understanding (MoU) on further cooperation in energy and electric power, an official report said yesterday. The MoU on the cooperation, signed by respective ministers of energy and electric power of the two countries, will speed up the…

AFP, MOSCOW: Russia’s central bank on Monday cut its key interest by one per centage point to 11.5 per cent as it tried to ease the pain for an economy battered by Western sanctions and lower oil prices. The rate cut is the fourth this year after authorities hiked interest rates dramatically in…

AFP, ATHENS: Greek Prime Minister Alexis Tsipras hinted yesterday that Athens could cede ground in its deadlock with creditors to try to avert a devastating default, as EU leaders considered holding an emergency summit over the crisis. “The PM told me there are two or three gestures he can make,”…

AFP, GENEVA: A Swiss court has ruled that Credit Suisse’s decision to provide US tax authorities with information on an employee was illegal, according to the ruling made public Monday. In April 2012, the Swiss government gave 11 Swiss banks the go-ahead to accommodate a US tax evasion probe and…

The whole idea of holding a 12 week Bootcamp was to inspire and nurture aspiring entrepreneurs and their projects. Now among all the experienced entrepreneurs with their minimum value products already rolled out, there was one participant, a student, who only had an idea and a lot zeal to make it happen.…

AFP, BEIJING: China had four million millionaire households in 2014, the second-highest in the world after the United States, as the country’s stock market boom boosted private wealth, an independent survey showed yesterday. One million new millionaires were created in the country last year, the…