Speakers at a seminar yesterday sought quick and effective steps to register and protect the products having good reputation like Jamdani, Hilsa, Lalon music and other products as Geographical Indication (GI) goods as it will boost product prices and export apart from attracting foreign investment,…

Mobile phone operator Robi saw a rise in revenue but drop in profit throughout first six months of the year, the company’s financial results said yesterday. During the first half of the year, the company’s revenue increased by 4.9 per cent compared to the same period of last year, with data…

FAO’s aquaculture division Chief Rohana Subasinghe said, “The global demand for shrimp will increase and we might need to increase production by 40-50 per cent by 2025- from 6.7 million tonnes to 9 million tonnes”. At the same time, Bangladesh also needs to raise its overall shrimp…

AFP, ATHENS: Greece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank yesterday, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal. Greece was able to repay the loan as eurozone finance ministers announced that they had…

AFP, TOKYO: Kirin has acquired control of Myanmar's biggest brewer, a company spokesman said yesterday, as the Japanese beverage giant moves to counter slowing growth at home by tapping Southeast Asian markets. The firm's Singapore unit purchased a 55 per cent stake in Myanmar Brewery Ltd, which…

AFP, LONDON: Global oil prices hit a new six and a half year low yesterday, nearing the key $40 a barrel level as a surprise rise in US stocks fuelled supply glut fears. US benchmark West Texas Intermediate for September delivery sank to $40.21 per barrel, the lowest level since March 2009. It later…

Shares and oil prices around the world have seen further falls, sparked by renewed fears over the health of the global economy, reports BBC. In China, the authorities intervened again on the stock market to little effect. Shares in Shanghai fell 1.5 per cent. And in Washington, expectations of a US…

AFP, TOKYO: Japanese police will re-arrest the CEO of collapsed Bitcoin exchange MtGox on theft allegations, reports said yesterday, as he faces questions over the disappearance of hundreds of millions of dollars worth of the virtual currency. France-born Mark Karpeles, 30, was taken into custody in…

AFP, MADRID: They allow you to climb the steepest streets of Madrid without sweating, even on sultry summer days: more than 50,000 residents of the Spanish capital have signed up for a public electric bike share system. In the shadow of the San Ildefonso church in the heart of Madrid, Anne Stauder,…

AFP, SYDNEY: Australian carrier Qantas yesterday roared back into the black in a stunning turnaround of fortunes driven by aggressive cost-cutting, while placing an order for eight Boeing Dreamliners. The airline posted an Aus$557 million (US$409 million) annual net profit in the year to June 30, a…