The value of transactions through mobile financial services (MFS) declined by 13.44 per cent to Tk 434.70 crore per day in October from Tk 502.19 crore…

Asian Telecom giant Axiata is playing an aggressive role in regional market. Axiata announces acquisition of  Nepal’s Ncell just after 3 months of announcing Robi-Airtel merger. Axiata Group Berhad (Axiata) yesterday announced the expansion of its regional footprint and entry into the Nepal…

The country requires around 17.15 lakh Metric Tones (MT) diesel during the period of December-April to meet the additional demand for irrigation during the peak season for boro plantation, according to a ministry official, reports BSS. “The government is committed to ensure smooth supply of diesel…

Speakers at a workshop said the implementation of electronic government procurement (e-GP) has removed hassles in the process of public procurement, but the bidders need training to effectively use the system while more awareness about it among all concerned is required. The speakers made such observations…

AFP, BEIJING: Beijing has ordered 2,100 factories to suspend or reduce production as part of its “red alert” measures to deal with smog, the government said yesterday, as the city remained shrouded under toxic haze for the third consecutive day. The Chinese capital imposed the highest tier…

AFP, TOKYO: Japanese electronics giant Panasonic said yesterday it would buy Hussmann, a US-based food refrigeration systems company, for $1.54 billion as part of its drive to expand in the US food retail sector. Panasonic said in a statement that the purchase would help it to increase its business…

AFP, SYDNEY: The Australian Broadcasting Corporation on yesterday named Google executive Michelle Guthrie as its new managing director, the first woman to hold the top post at the public broadcaster. The former media and technology lawyer, who has held senior roles at Foxtel and BSkyB in Britain as…

Hossain Mehmood has been elected chairman of Bangladesh Terry Towel and Linen Manufacturers and Exporters Association (BTTLMEA). Shah S Alam was also…

Quazi ASM Anisul Kabir joined Standard Bank Limited as deputy managing director yesterday. Earlier he was serving as deputy managing director of Prime…

Sonali Bank Limited installed Core Banking Systems (CBS) in its 502 branches across the country to facilitate quick real time online services. Earlier on April 9, the bank signed a contact with the Bank and Financial Institutions Division of Ministry of Finance to install CBS in its 500 branches in…

AFP, TOKYO: Crisis-hit Toshiba warned yesterday  it would book a record $4.5 billion annual loss and slash thousands of jobs, as the vast firm's…

One of the biggest reasons for Dhaka’s infamy as a place to live in is daily transportation problems. For a very long time, Dhaka commuters found…

AFP, SINGAPORE: European benchmark Brent crude slid to an 11-year low on yesterday as oil prices resumed their slide in an oversupplied global market…

AFP, NEW DELHI:  From London and Paris to New Delhi and Sao Paulo, traditional taxi drivers united worldwide against Uber in 2015, a year that saw…