Bangladesh Bank Governor Atiur Rahman yesterday said once online VAT (value added tax) payment is introduced, it will increase its contribution to the…

A Chinese company has expressed its interest to construct the 6-kilometre second Padma Multipurpose Bridge across the Paturia-Daulatdia point under the Government to Government (G to G) arrangement, reports BSS. ”We have sought foreign loans through the Economic Relations Division (ERD) for construction…

Industries Minister Amir Hossain Amu said Saudi Arabia would ink bilateral investment agreement with Bangladesh soon to extend cooperation in industrial sector, reports BSS. "Bilateral investment agreement between Saudi Arabia and Bangladesh has been finalised for signing, which would be taken…

The government will construct Dhaka Bypass (Joydevpur-Debgram-Bhulta-Modonpur Road) under public-private-partnership (PPP) as it is expected to play an important role in addressing the acute traffic congestion in the capital, reports UNB. In this regard, 'Support to Joydevpur-Debgram-Bhulta-Modonpur…

AFP, BEIJING:  Ratings agency Moody’s yesterday cut its outlook on China’s sovereign bonds from stable to negative, warning of increasing…

AFP, NEW YORK:  Ford and Fiat Chrysler reported Tuesday strong double-digit jumps in US sales in February, while General Motors said overall sales slipped on planned lower deliveries to rental companies. GM, the largest US automaker, reported total sales fell 1.5 per cent from a year ago to 227,825…

AFP, TEHRAN:  With elections having eliminated politicians that opposed his historic nuclear deal, President Hassan Rouhani will now seek to transform…

Karim Khoja, the CEO of Roshan has described consolidation in the Afghan mobile market as ‘inevitable’ in an interview with Mobile World Live, noting that the country’s economy is struggling to support six cellcos, according to Telegeography. The official pointed out that a lot of…

The country’s twin bourses Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) witnessed another downbeat session yesterday amid heavy sell pressure.     Investors’ confidence plunged further as the market has crossed its support level, 4500 points psychological…

AFP, SINGAPORE: Oil prices fell in Asia yesterday as traders awaited the release of US crude inventory data, which are expected to show a further rise…

AFP, WELLINGTON: An Emirates Airbus A380 touched down in New Zealand yesterday, completing what is believed to be the world’s longest non-stop scheduled commercial flight. The service from Dubai to Auckland covered 14,200 kilometres (8,824 miles), according to industry website airwaysnews.com,…

Bangladesh ICT-Expo-2016 is set to kick off today at Bangabandhu International Conference Centre (BICC) to promote local hardware industry in efforts…

AFP, SYDNEY: Australia's economy strengthened last year supported by consumer and government spending, data showed yesterday, with the better-than-expected figures raising hopes the resources-dependent nation is emerging out of a recent slump. Economic growth expanded by 0.6 per cent in October…

AFP, MUMBAI: Indian stocks Tuesday posted their biggest rise since Prime Minister Narendra Modi came to power almost two years ago, after the government presented a budget expected to boost rural demand. The main Sensex index on the Bombay Stock Exchange closed up more than three per cent, driven higher…

AFP, FRANKFURT: New car registrations in Germany, a key indicator of demand in Europe's top economy, rose strongly in February, data showed yesterday. A total of 250,302 new cars were registered last month, an increase of 12.1 per cent compared with the figure for the same month in 2015, according…