CPD calls for financial inclusion of migrant workers

The Centre for Policy Dialogue (CPD) has pitched for the welfare of migrant workers, saying such people needed social protection at all times during pre-migration,…

Trade key to faster growth for Bangladesh: WB report

International and regional trade, especially with South Asian and East Asian neighbours is critical for Bangladesh to create more and better jobs for the two million youths entering the labour force every year, says a new report of the World Bank (WB). The report - Diagnostic Trade Integration Study…

Outgoing chief suggests enhancing efficiency of BTRC

Outgoing Chairman of Bangladesh Telecommunication Regulatory Commission (BTRC) Sunil Kanti Bose yesterday urged the government to enhance the efficiency…

7th Five Year Plan seeks separate fund for ADP

The 7th Five Year Plan (FY16-FY20) has suggested setting aside a separate fund in the Annual Development Programme (ADP) for infrastructure development, emphasising on technical education and giving greater accessibility to impoverished regions to address regional disparities, reports UNB. The Plan,…

Stocks close week lower amid sale pressure

Stock markets closed the week lower yesterday amid sale pressure that the country’s twin bourses had been experiencing for many trading sessions. There will be no share trading today as the day falls in a holiday for Durga Puja, reports BSS. The broader DSEX index at Dhaka Stock Exchange (DSE)…

MoU signed to develop financial inclusion model

A memorandum of understanding (MoU) was signed yesterday between Access to Information (a2i) Programme of Prime Minister's Office(PMO) and Bangladesh Post Office (BPO) aiming to develop a financial inclusion model to reach financial services to the doorsteps of the people, reports BSS. Project Director…

India seeks investment from BRICS partners

PTI, Moscow: India on Monday asked BRICS partners to invest in its flagship programmes including ‘Make in India’ and ‘Skill India’ while making a strong pitch for removal of structural impediments for increasing trade engagement amongst members of the group. External Affairs…

Yen under pressure on Bank of Japan stimulus

AFP, TOKYO: The yen was under pressure yesterday as poor Japanese trade data stoked speculation that the Bank of Japan may unleash another round of easy money stimulus to boost the world’s number three economy. There are growing fears that Japan sank into recession in the third quarter and with…

Starbucks, Fiat ordered to pay EU back taxes

AFP, BRUSSELS: The European Union ordered Starbucks and Fiat on Wednesday to each repay up to 30 million euros in back taxes in a landmark tax avoidance case that began in the wake of the LuxLeaks scandal. Brussels said tax deals that the Netherlands offered US coffee giant Starbucks and that Luxembourg…

Yahoo to reshape itself again

AFP, SAN FRANCISCO: Yahoo chief executive Marissa Mayer said Tuesday the struggling Internet pioneer will see a new, narrower focus—and a partnership with rival Google—following a disappointing quarter. Mayer, who has been seeking to turn around the onetime online star, said Yahoo faces…

Edotco launches echo centre

Edotco Bangladesh Co Ltd, a telecom Infrastructure company, has introduced a first of its kind echo centre. The launch of the echo centre aims to benefit the network operators through measurable business to enhance inventory and operational efficiency, says a press release. Wan Zainal Adileen, chief…

SkyCargo wins Payload Asia award

Emirates SkyCargo, the freight division of Emirates, continues to lead the air cargo industry by winning the coveted “Overall Carrier of the Year” award at the Payload Asia Awards 2015. This is the third consecutive year Emirates SkyCargo has received this prestigious award, says a press…

Grameen Intel sows seeds for tech-savvy farming

When Nobel laureate Muhammad Yunus and the then Intel chairman, Craig Barrett, created Grameen Intel Social Business Ltd (GISB) in 2007, their chief goal…

Flymya: Flight schedules, fares with a click

Myanmar is the Mecca for tourists all over the world, today. However, the tourism industry in Myanmar wasn’t always flourishing like it is today.…

Gulf should adjust to new oil price reality: IMF

AFP, DUBAI: Gulf economies need to adjust to the “new reality” of oil prices expected to remain low for some time, the International Monetary…

IBM plays down earnings miss as part of evolution

AFP, LAGUNA BEACH: IBM’s top executive on Tuesday played down an earnings miss that hammered the technology old-timer’s shares, saying the…