Bangladesh economy would grow at the rate of 6.8 per cent in 2016, supported by eased political tension and rebounded export earnings, according the latest report of the World Bank (WB), reports BSS. The report Global Economic Prospects, released yesterday in Washington, gave a picture of the prospects…

Expatriates’ Welfare and Overseas Employment Minister Nurul Islam BSc yesterday said the Saudi government has showed its keenness to take a male relative along with each female worker without any cost, reports UNB. He came up with the information while addressing a press briefing at the ministry.…

The Anti Corruption Commission (ACC) has initiated an investigation into an allegation of swindling about Tk 64 crore from Bangladesh Krishi Bank, reports UNB. The Commission at a recent meeting appointed its deputy director SM Rafiqul Islam as investigation officer to carry out the probe into the allegation,…

The government has permitted 41 organisations to export 2.77 lakh bales of raw jute, reports UNB. The Textiles and Jute Ministry took the decision following requests from the exporters. As per the decision, the organisations can export the raw jute through 251 Letters of Credit issued before November…

What can we expect in 2016 from the world economy? If the mainstream forecasters are right slightly better than last year, reports BBC. The International…

AFP, RIYADH: Saudi Arabia is expected to save $7 billion a year after it introduced unprecedented energy price rises in a bid to offset the low cost of oil, a report said yesterday. Jadwa Investment said direct savings from the kingdom’s price hike on diesel are estimated at $2.75 billion (2.56…

AFP, LAS VEGAS: A battle for the title of best new television opened Tuesday at the Consumer Electronics Show, with titans fielding new slim, smart, ultra…

 AFP, LAS VEGAS: Meet the revamped Volkswagen Kombi. Once a hippie favorite, the minivan has been transformed into an electric, connected vehicle…

The Indian cabinet yesterday gave retrospective approval to a memorandum of understanding (MoU) with Bangladesh for Mode of Operation of Border Haats signed in 2010, reports BSS. Border haats, which promote traditional system of marketing of local produce through local markets on a currency or barter…

The key share price indices at the country’s twin bourses—Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- ended in green for the two consecutive trading sessions yesterday with upbeat turnover, reports UNB. The DSE key index, DSEX gained 36.55 points or 0.79 per cent to…

State-owned cellular phone operator Teletalk would introduce new logo in February as part of rebranding process towards turning it into a profitable entity. “Teletalk will go for rebranding for business purpose. As part of the process, new logo of the operator would be introduced in February,”…

AFP, DUBAI: The value of Islamic sukuk bonds dropped sharply last year after Malaysia stopped issuing them and as oil prices continued their fall, the Standard & Poor’s rating agency said yesterday. The trend is expected to continue in 2016 as the main countries using the Islamic form of debt,…

The profit of National Bank Limited (NBL), country's one of the leading private commercial bank, went up by 2.95 per cent in 2015.  Tk 846 crore operating profit for the year 2015 was the highest among the conventional private commercial banks, according to NBL. NBL had earned Tk 821.78 crore…

A three-day long international conference on renewable energy will begin today on the premise of United International University (UIU). The conference titled ‘4th International Conference on the Development in Renewable Energy Technology (ICDRET)’, organised by the UIU will be held from…

AFP, SAN FRANCISCO: Global app usage soared in 2015 as a growing base of smartphone users found new ways to use their devices, a study showed Tuesday. The survey by Yahoo-owned analytics firm Flurry found app usage on mobile devices jumped 58 per cent last year, cooling slightly from 76 per cent growth…

German Development Corporation (GIZ) is interested to set up a modern slaughter house and waste removal and bio-gas plant in Rajshahi city for its environmental development, reports BSS. A two-member GIZ team expressed their interest in this regard during a courtesy call on Nizam-Ul Azim, Mayor-in-Charge…