The government has decided to supply gas to the under-construction Active Pharmaceutical Ingredient (API) Industrial Park at Gazaria of Munshiganj district at a quickest possible time, reports BSS. It also asked the Petrobangla, Titas Gas and BSCIC (Bangladesh Small and Cottage Industries Corporation)…

PTI, HYDERABAD: Indian infra major GMR Group, which is setting up two hydel power projects in Nepal, is in discussions with Bangladesh government among others to export power from the Himalayan country. “Initial discussions were initiated for tying up sale of power with Government of Bangladesh,…

Faisal Ahmed has been appointed as senior economic advisor to the governor to support Bangladesh Bank’s financial sector development and reform…

AFP, BEIJING: Chinese Premier Li Keqiang has issued assurances over his country’s economy after global markets were roiled by concerns over its slowing growth, state media reported on Saturday. Top global markets ended the week Friday largely recovered from China-induced panic selling, but market…

A weeklong internet festival titled ‘Bangladesh Internet Week-2015’ will begin on September 5, aiming to raise the number of internet users across the country and expand internet services. Bangladesh Association of Software and Information Services (BASIS), Information and Communications…

  FBCCI President Abdul Matlub Ahmad said the trade body will work sincerely for reviving the traditional silk sector in Rajshahi. He said, "We will work together to regain its lost glory as it has a big market in both domestic and global. We will find-out the existing problems and possibilities.…

Speakers at a meeting underscored better relationship and professional understanding between tenderers and government procuring entities for implementing…

AFP, DOHA: Energy-rich Qatar’s exports plunged more than 40 per cent in value in the year up until July 2015, on the back of a slump in petrol and hydrocarbon sales, official figures showed Sunday. State news agency QNA, citing figures from the development planning and statistics ministry, said…

AFP, PARIS: First taxis rose up against Uber, then hotels challenged Airbnb and now, restaurants in France are taking on meal-sharing sites they believe create unfair competition and could sap jobs. The websites, where hosts offer to cook a meal at their homes for a price of their choosing, are increasingly…

Bhutanese Ambassador in Dhaka Pema Choden yesterday said Bangladeshi brand Walton made products have huge potential in Bhutan, says a press release. The…

XINHUA, YANGON: Myanmar has delayed the launch of the country’s first ever stock exchange until the first week of December for the general election scheduled in early November, the Finance Ministry said yesterday. The planned Yangon Stock Exchange, or YEX, was originally scheduled to debut in…

AFP, SINGAPORE: China’s currency devaluation and slowing economy have caused enormous turmoil in world financial markets, but they have not really…

AFP, HONG KONG: Hong Kong’s towering skyline is dominated by major banks and investment houses—but smaller start-ups are playing an increasing role on the financial landscape. The number of “FinTech” start-ups in Hong Kong—offering technology tailored to the world of finance—is…

AFP, LONDON: Falling demand, rising production and faltering growth in the world’s second-largest economy China have sent many major commodities…

AFP, TOKYO: Japan’s Suzuki Motor said yesterday it plans to buy back its shares sold to Volkswagen after an international arbitration court settled…