Bangladesh Bank (BB) yesterday launched the Electronic Fund Transfer (EFT) software for paying back the principal amount of different saving certificates on their maturity and the monthly interests incur against the certificates, reports BSS. “After launching the EFT software, people would no…

A team of delegates from Bangladesh, led by Minister of State for Science and Technology Yeafesh Osman, visited the Kudankulam Nuclear Power Project (KKNPP) on Saturday, reports The Hindu. Bangladesh intends to construct 1,200 MWe VVER nuclear reactors with Russian assistance on turnkey basis. High-level…

Key share price indices at country’s twin bourses -Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - witnessed loss yesterday, the first trading day of the week, reports UNB. The DSE benchmark index, DSEX lost 68.59 points or nearly 1.47 per cent to close at 4608.03 on the day.…

World Bank (WB) chief economist Kaushik Basu spoke high on the progress that Bangladesh made in the economic and social sectors in recent years and expressed firm confidence that the country would have a bright future should the current pace of development is maintained, reports BSS. Born in Kolkata…

The government has reopened a flour mill recently under the food department in the capital with a target of producing 200 tonnes of flour/atta in a day after production had been suspended from 2004, reports BSS. The BNP-led four-party government had closed down the operation of the mill and sold its…

State Minister for Fisheries and Live Stock Narayan Chandra Chanda, on Saturday expressed his satisfaction at the introduction of guidelines for the control of Aquatic medicinal products (AMP) for sustainable shrimp sector in Bangladesh, reports BSS from Khulna. Functioning of a control system for AMP…

AFP, WASHINGTON: A rare public split over monetary policy has thrown into question the US Federal Reserve’s plans to raise interest rates soon and…

The International Alliance for Women (TIAW) has announced Selima Ahmad, vice chairperson of Nitol Niloy Group and president of Bangladesh Women Chamber…

Xinhua, YANGON: The Central Bank of Myanmar will revoke foreign exchange accepter and holder licences starting next Monday in a bid to control fluctuations in exchange rate, said an announcement of the bank published yesterday. Such license holders are set to return with their licences to the bank by…

Microsoft announced Tech One Global (Pvt) Ltd as country partner of the year 2015 for Bangladesh, says a press release. At the recently held Microsoft Worldwide Partner Conference in Orlando, Floridawhere Microsoft honoured partners at the country level that have demonstrated business excellence in…

Xinhua, NANCHANG: The 2015 International Ceramic Expo opened yesterday in Jingdezhen, China’s ceramic capital, attracting over 900 porcelain makers and traders from across the globe. A total of 2,000 exhibition booths were set up during the five-day event to display international ceramics producers,…

AFP, LONDON: Chinese President Xi Jinping begins a four-day visit to Britain on Tuesday in which human rights issues are to be eclipsed by lavish ceremony…

Every hungry Dhaka resident has at least once undergone the turmoil of having to wait hours at traffic jams hours before he can savour the taste of food at his favourite restaurant. Be if after tiring work shifts or hectic class schedules, the thought of having to come home and dressing up just to have…

AFP, TOKYO: Stocking anything from shirts to face masks, 24-7 convenience stores have become an indispensable part of Japanese daily life, with the sector…

AFP, FRANKFURT: Falling prices in the eurozone are turning up the heat on the European Central Bank to prevent the single currency area from slipping into a dangerous downward spiral of deflation. But many ECB watchers say they do not expect the guardian of the euro to take any action just yet when…