The government signed a $177 million additional financing agreement with International Development Association (IDA) of World Bank (WB) to complete the ongoing construction of a 335-megawatt combined cycle power plant at Siddhirganj, near Dhaka. The agreement was signed at NEC-2, Sher-e-Bangla Nagar…

Road Transport and Bridges Minister Obaidul Quader yesterday said that the government will soon take harsh steps against the illegal and unfit vehicles.…

The 6th of 10 Boeing of the fleet of Biman has added in the fleet, reports BSS. 162 seats Boeing 737-800 (Mayurpankhi) has arrived Dhaka last Friday at Hazrat Shahjalal International Airport. After joining of the next generation two Boeing 737-800 Meghdoot and Mayurpankhi, the number of aircraft of…

AFP, BARMER: The deserts of Rajasthan may be the showcase for India’s solar revolution but the oil explorer that struck gold beneath the same sands…

Come January 1, loss-making government-run Air India will not serve non-vegetarian food to its economy class passengers on flights upto 90 minutes duration, reports PTI from New Delhi. The national carrier has also decided to struck off both tea and coffee from its lunch and dinner menu. As of now,…

AFP, MOSCOW: Forget corporate holiday bashes where glitterati are treated to fine champagne and French delicacies: Russia’s economic crisis has…

He was born on 12th July, 1972 in Madras (now Chennai), India in a middle-class family, who never had a car, or a TV, and one of their bedrooms was their living room. Like all the parents in middle-class families back then, his parents also sacrificed their desires to build up their son’s future.…

Most of the securities traded on Dhaka and Chittagong stock exchanges (DSE) suffered moderate price fall on their profit-booking sale pressure, reports BSS. At Dhaka Stock Exchange (DSE), 171 issues closed the week's first opening session lower and 126 scrips declined on Chittagong Stock Exchange…

The four-day 11th International Plastic Fair-2016 (IPF-16) will begin at Bangabandhu International Conference Centre (BICC) in the capital from January 20, reports UNB. Bangladesh Plastic Goods Manufacturers & Exporters Association (BPGMEA) in collaboration with Taiwan-based Chan Chao Intl Co Ltd…

Profits of China’s major industrial firms fell 1.4 per cent  year on year in November, narrowing from a 4.6 per cent   decline posted in October, the National Bureau of Statistics (NBS) said yesterday, reports Xinhua from Beijing. Profits at industrial companies with annual revenues…

AFP, BEIJING: The head of China Telecom, one of the nation's big three telecoms firms, is under investigation for "severe disciplinary violations", the government yesterday, the latest high-profile target in a corruption crackdown. News of the probe into Chang Xiaobing, 58, was given in…

Mafizuddin Sarker has been elected chairman while Khalilur Rahman elected vice chairman of Bangladesh Leasing and Finance Companies Association (BLFCA), said a press statement yesterday. Mafizudddin Sarkar is managing director and CEO of Bangladesh Finance and Investment Co Ltd, and Khalilur Rahman…

Ray of Light Care has started its first ever comprehensive professional care services in the country. The organisation provides personal care and home help services including nursing, companionship, befriending, respite care, day care and child care services by highly trained professionals, a press…