AFP, SINGAPORE: Oil prices held steady yesterday in Asian hours despite a rise in US inventories, with traders hoping talks among major producers could lead to an output cap. According to US Energy Information Administration (EIA) data, oil production fell to just over nine million barrels per day in…

The three-day Bangladesh ICT Expo 2016 kicked off yesterday at the Bangabandhu International Conference Centre (BICC) to showcase Bangladesh’s prospects of becoming a "hardware manufacturing" nation. AHM Mustafa Kamal, minister for planning, inaugurated the expo which is jointly organised…

Bangladesh Bank Governor Atiur Rahman  yesterday said it will be a big challenge to control inflation if the lending rate comes down to single digit, reports UNB. He made the remarks at a meeting with the leaders of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) at the central…

AFP, TOKYO: The dollar rose against the yen and euro yesterday as a solid US jobs report supplied more evidence of resilience in the US economy, opening the door for another rate hike this year. Rising oil prices and China’s fresh stimulus measures also boosted investor spirits, as payrolls firm…

AFP, HONG KONG: The broadly upbeat mood that has pushed global markets higher recently helped extend gains on most Asian trading floors yesterday following…

PTI, Washington: The collapse in global oil prices is a large windfall gain for India and it has made room for more spending on goods and services, the IMF has said. “The collapse in global oil prices is a large windfall gain for India. The windfall has made room for more spending on goods and…

AFP, FRANKFURT: Volkswagen’s former chief executive may have been warned as early as May 2014 of possible anomalies dogging its diesel engines,…

Digital transformation is enabling a new class of business that is more agile than its competitors and as a result, better suited to creating new and innovative services; ones that are closely aligned to what customer’s actually want. These are businesses with lightning-fast internal operations…

Bangladesh will work closely with Thailand in realising their common visions for ‘digital nations’ and universal access to mobile phones and internet for secure and peaceful societies, reports UNB. State Minister for Posts and Telecommunications Tarana Halim said this to her Thai counterpart…

Industries Minister Amir Hossain Amu who is now on a visit to Saudi Arabia, called upon his Saudi counterpart to import more skilled manpower from Bangladesh, said industry ministry release here yesterday, reports BSS. The industries minister made this call while he was in a meeting with Saudi Commerce…

Kazi Muhammad Ziauddin has been elected as chairman of Dhaka Branch Council (DBC) of the Institute of Cost and Management Accountants of Bangladesh (ICMAB)…

Summit Communications Limited (SCL) has successfully completed Info-Sarker project Phase-II much earlier of the schedule time, says a press release. Earlier, SCL signed a contract with the government for ‘Info-Sarker’ project to provide 3650 connections within 14 districts and 96 upazillas…

Walton is participating in the ongoing three-day long ‘Bangladesh ICT Expo-2016’ at the Bangabandhu International Conference Center in the capital yesterday, the company said in a statement yesterday.   ICT Division and Bangladesh Computer Samity jointly organised the ICT exhibition…

Mahindra Comviva, one of the global leaders in mobility solutions, on Wednesday announced the launch of IRIS, the newest addition to its Revenue Plus suite, a monetisation platform for CSPs, says a press release. Incremental Revenues through Incremental Sales (IRIS) unifies retailer and subscriber recharge…

With a view to expanding its business, the Bangladesh Diesel Plant (BDP) Limited showcased its products to different government and non-government organisations, as well as to business partners, at Radisson Blu Water Garden Hotel on Tuesday night. Different types of tools and spares for jute mills,…