Mobile phone operators will have access to the National ID database by next week. To check the information regarding SIM registrations, the six operators…

AFP, STOCKHOLM: Swedish retail giant H&M on Tuesday signed an agreement promising better labour rights for 1.6 million garment workers at its suppliers’ factories. The deal, reached with international union IndustriALL Global Union and Sweden’s IF Metall union, covers workers employed…

Key share price indices at the country’s twin bourses—Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) - dropped yesterday after two consecutive sessions of gain, reports UNB. The DSE key index, DSEX dropped 40.20 points or 0.88 per cent to close at 4511.31 on the day. Of the…

The 3rd South Asia Regional Public Procurement Conference, 2015 ended on Tuesday with adoption of ‘Dhaka Action Plan’ that proposed a set of recommendations to make the public procurement system of the South Asian countries more effective , reports UNB. The Central Procurement Technical…

Oman Air, the national flag carrier of Oman is planning to initiate two daily Muscat-Dhaka-Muscat flight from March next marking Bangladeshis the fastest growing foreign nationals in Oman "We will operate Dhaka flight every day from January and make it double from March as we observed huge potential…

AFP, SINGAPORE: Oil prices were down in Asia yesterday as investors weighed US petroleum industry data showing a build-up in crude stockpiles and news that shipments from a Libyan port were halted due to tensions. US benchmark West Texas Intermediate for delivery in December was down 15 cents at $47.75…

MUMBAI: India, the world’s biggest cotton producer, is likely to export 6.8 million bales in the 2015/16 season, up 18 per cent from a year ago…

AFP, SHANGHAI: China has set a deadline of this year to link trading between the Shenzhen stock exchange and the Hong Kong market, the central bank chief said, following a similar connection with the Shanghai bourse. China launched a landmark “stock connect” between Shanghai and its special…

SD Asia announced the return of the country’s biggest startup event, Innovation Xtreme 2015, will be held on December 5, says a press release. With this year's theme, “Bangladesh: The Next Tech Frontier”, the event will take place at Radisson Blu Water Garden Hotel in the capital.…

Shares in VW have dropped after it reported “irregularities” in carbon dioxide emissions levels, which could affect around 800,000 cars in Europe, reports BBC. The firm said the problem, which it came across while investigating diesel emissions, could cost about €2billion (£1.4billion).…

­­­­­AFP, NEW YORK: Deutsche Bank has agreed to settle US regulators’ charges it did business with entities in US-sanctioned countries like Iran and Syria, a person familiar with the matter said Tuesday. The big German bank is expected to pay more than $200 million in penalties…

AFP, ASHGABAT: The great cities of the Silk Road were once thriving, cosmopolitan centers for the trade in goods, ideas and culture between the civilizations…

AFP, SEOUL: South Korea’s Hyundai Motor launched yesterday a high-end brand named after its Genesis line of vehicles as it looks to expand its presence…

AFP, LONDON: Britain and Kazakhstan signed trade deals worth £3 billion ($4.6 billion, 4.2 billion euros) Tuesday as London rolled out the red carpet…

AFP, TOKYO: Japan Post skyrocketed on its trading debut yesterday after the biggest initial public offering this year, lifting hopes that privatising…

In our story headlined ‘MNP awaits finance ministry’s approval’ published on November 3, it was inadvertently written: “Till yesterday they have not received any approval from the finance ministry,” said BTRC Secretary Faizur Rahman Chowdhury. Actually, it should be read:…