To meet future demand for energy, the government has decided to construct three new land-based Liquidified Natural Gas (LNG) terminals, says State Minister for Power, Energy and Mineral Resources Nasrul Hamid yesterday. Nasrul was speaking at the ‘4th Workshop on LNG’ organised at a city…

AFP, HONG KONG: Asian stocks retreated yesterday, with Tokyo sinking after the Bank of Japan held fire on fresh monetary stimulus, while energy companies…

AFP, TOKYO:  Sony said yesterday it will pay Michael Jackson’s estate $750 million for the late pop star’s share of a music venture that owns the rights to songs by some of the biggest names in music history. The deal will see the Japanese firm pick up Jackson’s 50 per cent stake…

AFP, BEIJING:  Down a ramshackle alleyway, with no running water or toilet, and filled with rubbish, lies a cramped, 13-square-metre room few wealthy…

AFP, SYDNEY:  Australian logistics giant Asciano said yesterday it was recommending a Aus$9.05 billion ($6.8 billion) takeover deal between two rival local and international suitors, breaking up the company’s ports and rail assets. The announcement ended a bidding war for Asciano, a major…

All the price indices at Dhaka Stock Exchange (DSE) were up at close yesterday, ceasing the continuous fall that the bourse saw in the past two trading sessions, reports BSS. DSEX, the broader index, recovered with marginal 8.27 points to close up at 4475.89 while the blue-chip DS30 and Shariah DSES…

Despite several initiatives to curb non-payment of taxes, Benapole Customs House has collected Tk 310 crore less revenue than the target in the first…

AFP, BEIJING: China’s central bank has drafted plans to impose a tax on currency trades, Bloomberg News reported yesterday, in what would be its latest volley against those betting on a depreciation of the yuan. Chinese authorities have spent unprecedented sums to support the currency and stem…

A three-day International auto parts exhibition will begin today to showcase  the country’s automotive car, bike and auto parts accessories at Bashundhara International Convention City in the capital, reports BSS. Conference and Exhibition Management Services Limited, Sems Global and Sems…

The number of subscribers of Bangladesh Rural Electrification Board (REB) has reached to 14.5 million people until Frbruary, says a press release. In line with the Vision 2021, REB has taken up a number of activities at hand including construction of new power distribution lines and sub-centres, the…

Etihad Airways’ President and Chief Executive Officer James Hogan gave the opening address to more than 1,200 delegates attending the World Cargo…

AFP, SEOUL: Google’s artificial intelligence (AI) program AlphaGo has been awarded the highest Go grandmaster rank, reserved for those whose ability at the ancient board game borders on “divinity”, South Korea’s Go Association said yesterday. The association announced the award…

Terra, a mobile-first international payment network, incubated by Mahindra Comviva, announced yesterday a strategic collaboration with LexisNexis Risk Solutions, a global big data, technology and analytics company, to protect its network against financial crime and facilitate secure growth of mobile-powered…