The Asian Development Bank (ADB) Vice President said the Bank wants to support inter-connecting sub-regional power grid system under Bangladesh, Bhutan, India and Nepal (BBIN) inter-regional Economic Cooperation. ADB has also offered support for the development of Bangladesh’s various sectors,…

AFP, KIEV:  The United States on Friday urged Russia to accept a partial loan write-off for Ukraine after Moscow held out on a vital debt restructuring agreement. In mid-October, Ukraine reached a deal with its private creditors to write down $3.6 billion and restructure future debt worth $8.5…

Bangladesh Bank Governor Atiur Rahman yesterday urged the bankers to proactively come forward for long-term lending in the infrastructure sector for boosting…

AFP, MOSCOW: Russian President Vladimir Putin will visit Iran later this month, the Kremlin said Friday, with the two countries backing Bashar al-Assad in Syria and Moscow looking to step up business ties after the deal over Tehran’s nuclear programme. Putin—who last visited Iran in 2007…

Xinhua, YANGON: The Asian Development Bank will provide a 100-million-US dollar loan to upgrade a major road in Myanmar, official media reported yesterday. The road, which is considered the "missing link" of the Greater Mekong Sub-region's East-West Corridor, will link Da Nang in Vietnam…

 Four firms are likely to invest $2 billion in the country's IT (information technology) sector, reports BSS. The firms yesterday signed four separate memorandums of understanding (MoUs) with Bangladesh Hi-Tech Authority and ICT Division on their planned investment. The MoUs were signed on…

Mobile phone operators of the country start trial of biometrics SIM registration system today. Meanwhile, all the operators have completed their necessary preparation for the trial. The operators have been directed to run the system commercially from December 16 next. To this end, the Post and Telecommunications…

Analysts have said that the 13 November Paris attacks could add jitters to the already declining stock markets and oil prices. US stock index futures…

AFP, MIAMI: Rare minerals are crucial to the manufacture of mobile phones, electronics and medical equipment, and a shortage could upset the global marketplace…

AFP, BEIJING: China yesterday welcomed backing from IMF experts that the yuan should beincluded in its reserve currencies, saying the move would strengthen…