Bangladesh Bank (BB) has decided to allow banks to offer more loans to the non-resident Bangladeshis (NRBs) working abroad to help them buy flats and houses in Bangladesh, reports BSS. “To facilitate housing finance to NRBs, it has been decided that authorised dealers (ADs) may extend mortgage…

Bangladesh plans to introduce a new aviation route between Sylhet and Chittagong expecting it to attract tourists from bordering northeastern Indian region, civil aviation and tourism minister Rashed Khan Menon said yesterday, reports BSS. Inaugurating a photographic exhibition on tourism in the capital,…

AFP, WASHINGTON: Global smartphone sales growth will cool to single digits for the first time ever amid a slowdown in China, said a new market forecast. IDC, an American market research, analysis and advisory firm, said it expects worldwide smartphone shipments to grow 9.8 per cent in 2015 to a total…

World Bank Senior Vice-President (Development Economics) and Chief Economist Dr Kaushik Basu arrives here on December 12 on a five-day visit to Bangladesh…

Agriculture experts at a workshop here yesterday stressed removing the knowledge gap in the country’s agricultural sector by strengthening coordination and promoting agricultural innovation to sustain its outputs, reports UNB. They said many agricultural institutions often come up with new innovations…

Of all the credits the present government earned in terms of fetching foreign currencies from different heads, remittance income stands out as one of…

AFP, ATHENS: Greek lawmakers approved a “tough” 2016 budget yesterday, forecasting near zero growth for 2015 and a small contraction next year for the debt-ridden country in its sixth year of austerity. The coalition government, which enjoys a narrow majority, managed to push the budget…

Management and Resources Development Initiative (MRDI) and Bank Alfalah recently singed an agreement for providing plastic water tanks for storing rainwater to 140 families of three villages in the Sundarbans area, says a press release. The CSR initiative in the Sundarbans community has empowered the…

Britain’s largest steelmaker Tata Steel is likely to cut 720 jobs at one of its UK plants after talks to save redundancies failed, reports PTI. In July, the firm said the jobs at its Rotherham plant in South Yorkshire may have to be cut but it would work with staff to minimise job losses. Local…

AFP, LONDON: The price of gold collapsed this week close to five-year lows, punished by mounting speculation of a US Federal Reserve rate hike later this month. Gold nosedived to $1,046.43 per ounce, touching the lowest level since early February 2010, as the stronger dollar dented demand. Upbeat non-farm…

AFP, NEW YORK: General Motors says it will sell in the United States next year a vehicle made in China, becoming the first major US automaker to do so. The move was quickly denounced by the powerful UAW auto union, which branded it “a slap in the face” and called for an immediate rethink.…

Business process outsourcing (BPO) is a growing sector worldwide with an industry worth over $500 billion. Though the neighbouring countries India, Sri…

AFP, VIENNA: OPEC’s policy of maintaining high oil production risks heaping more downward pressure on oil prices, especially with Iranian crude…

AFP, AJDOVSCINA: Ultra-light, fast and cheap: more than a century after the Wright brothers flew the world’s first powered aircraft, a small Slovenian…

Google is well known for offering playful and creative work environments, which stimulate productivity, collaboration, and teamwork among its employees. Productive teams are the key to fostering creativity and maintaining top talents in an organization, which is why, Google’s People Operations…