Chittagong Metropolitan Police (CMP) yesterday held an emergency meeting with the leaders of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) regarding to maintain law and orders in Ramzan in the city. In the meeting the CMP commissioner directed the BGMEA leaders to pay the salary…

Agriculture Minister Begum Matia Chowdhury yesterday told the Jatiya Sangsad that rats damaged paddy, rice and wheat worth Tk 723 crore, 72 lakh, seven thousand and 355 in the 2014-15 fiscal year, reports BSS. The minister said this while replying to a query of treasury bench member M Abdul Latif during…

AirAsia will resume direct flights from Kuala Lumpur to Dhaka, Bangladesh, tapping into the vast market with a population of over 18 million, from July 10, reports The Rakyat Post from Kuala Lumpur. To celebrate the resumption, AirAsia is offering promotional all-in-fares from Kuala Lumpur one-way with…

Bangladesh Bank yesterday asked all the scheduled banks to take necessary steps to expedite the opening of Tk-10 bank accounts for grassroots people as part of its financial inclusive policy, reports UNB. In a circular issued by its Green Banking and CSR Department, the central bank said it is mandatory…

The country’s twin bourses--Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- started the week in negative amid shaky participation with the reduced time in the first trading session in the holy month of Ramzan yesterday. The bourses cut trading time by one hour during the holy…

AFP, ATHENS: Greece does not want any more help from the IMF, minister of state Nikos Pappas said yesterday on the eve of a summit which could determine whether the country crashes out of the eurozone. “I am one of those who think that the IMF should not be in Europe. I hope we find a solution…

AFP, SHANGHAI: The world’s second tallest building, Shanghai Tower, will soon open in the Chinese financial capital with a twist—a 120-degree twist, to be exact. A softened triangular “outer skin” is literally twisted around a circular core, sending the glass and steel tower…

AFP, DUBAI: The United Arab Emirates expects strong growth this year after its oil-rich economy expanded by 4.6 per cent in 2014, Prime Minister Sheikh Mohammed bin Rashid al-Maktoum said. "We expect to continue to achieve strong growth in 2015," Sheikh Mohammed, who is also the ruler of Dubai,…

Walton has increased the number of installment payment for its customers. From now, consumers can buy Walton products by paying nominal down payment with maximum 3-year installment which was previously 30 months, says a press release. The new offer was announced at a press conference on “Offer…

Oracle Corporation said revenues for its fiscal fourth quarter 2015 fell 5 per cent year-on-year to US$ 10.7 billion, significantly impacted by the strong US dollar. Without currency effects, revenues would have been up 3 per cent, says a press release. Software and Cloud revenues reached $ 8.4 billion,…

AFP, WASHINGTON: The United States is vowing not to “paper over” differences with China at key talks this week weighed down by thorny issues of trade, cyber spying and tensions in the South China Sea. And while some analysts believe there will be few concrete results from the annual US-China…

AFP, PARIS: Franco-Israeli media magnate Patrick Drahi has offered over 10 billion euros ($11.3 billion) to buy out rival French mobile phone operator Bouygues Telecom in a move described as “undesirable” by the government. Drahi already owns France’s second-biggest telecoms operator…

AFP, POKHARA: Boatman Hem Gurung waits listlessly on the deserted banks of Lake Phewa in the shadow of Nepal’s spectacular Annapurna mountain range for tourists that do not come. “Since the earthquake, Pokhara has been empty,” Gurung complained to AFP in the lakeside resort, which…

Apple has decided to collaborate with MobileIron to help release its apps into the enterprises. The arrangement is the result of the partnership that Apple set up with IBM in 2014 to build apps together. This move indicates Apple to changing its consumer only approach to business. MobileIron is mobile…