As the government has imposed a one-year ban on access to resources in the Sundarbans, the livelihood of about 35 lakh forest-dependent people has become uncertain, reports UNB. The ban has been put in place with an aim to protect the wildlife and forest resources of the Sundarbans from intruders and…

The market heavyweight Grameenphone (GP) faced 4.54 per cent fall in share price yesterday to close the week at 244.50.   According to industry insiders,…

President Abdul Hamid yesterday urged Qatar to take more skilled manpower from Bangladesh ahead of the FIFA World Cup 2022 to be hosted by the Arab country, reports UNB. The President made the request when Qatar Ambassador in Dhaka Abdullah bin Abdul Aziz Mohammad Al-Mana met him at Bangabhaban. Abdul…

Road Transport and Bridges Minister Obaidul Quader said Bangladesh, Bhutan, India and Nepal (BBIN) Friendship Motor Rally under the Motor Vehicle Agreement will begin on November 14, reports UNB. The minister announced this at a press briefing at the ministry yesterday. Obaidul Quader said the motor…

Bangladesh Bank (BB) Governor Atiur Rahman yesterday said the central bank is on course of digital financial inclusion for ensuring sustainable development across the country, reports UNB. “We’re going to the digital financial inclusion initiatives aiming to bring more people into the financial…

Stock market ended another week lower after incurring loss to majority of the traded issues as investors were mostly on the selling side to cash in short…

Urging government to simplify investment process for Malaysian business in knowledge-based innovative technology, President of Dhaka Chamber of Commerce & Industry (DCCI) Hossain Khaled yesterday said Malaysia’s investment is mentionable in this sector. If the process is made friendlier Malaysian…

State Minister for Infor-mation and Communication Techno-logy Junaid Ahmed Palak said government will consider declaring the Walton Hi-Tech Industries (WHIL) as a private Hi-Tech Park in line with the rules and regulations of government’s Hi-Tech Park guidelines. He also assured of providing all…

Planning Minister AHM Mustafa Kamal said, government will work on Public-Private Partnership (PPP) in collaboration with Bangladesh Association of Software and Information Services (BASIS) to develop the IT sector, says a press release. “Different software and ITES companies will be formed including…

AFP, LONDON: Crude prices fell yesterday awaiting the release of official data on the levels of US commercial energy inventories for clues on demand in the world's biggest oil consumer. US benchmark West Texas Intermediate (WTI) for delivery in November delivery dropped 63 cents to $46.01 a barrel…

Hepai Online, a multi-billion dollar company in China, has signed an agreement with Grameen China to finance Grameen China’s branch in Shenzhen city, reports UNB. Zhang Kaiyong, founder and group chairman of Hepai Online, signed the agreement with Grameen China on Wednesday, said a Yunus Centre…

AFP, WASHINGTON: The strong dollar weighed on manufacturing and tourism spending in the US while the economy continued “modest expansion”…

Financial performance evaluation is a key aspect of any business that can be used for a slew of purposes-for choosing the appropriate source of finance, for making an investment decision, for facilitating workforce planning, to help the business to decide whether to issue dividends or to aid it in the…

AFP, YANGON: Knees pressed together and sitting bolt upright, Myanmar students watch a demonstration on personal grooming, the latest batch at a Yangon…

AFP, SHANGHAI: The number of billionaires in China has overtaken that of the United States for the first time, an annual survey said yesterday, calling it a “turning point” for the super-wealthy. Communist-ruled China now has 596 billionaires, up a “staggering” 242 over the last…