Stock market showed little recovery yesterday, breaking the losing streak that continued in the past five consecutive trading sessions, reports BSS. The day’s session began in choppy trading that resulted in slight fall in the daily trade value. All major indices, however, finally managed to finish…

The UK-based Hong Kong Shanghai Banking Corpora-tion (HSBC), in a recent report said Bangladesh’s exports would diversify significantly in the next decade (2020-30), as result of government initiatives being taken now. It also said that Bangladesh recorded the highest Trade Confidence Score among…

AFP, ISTANBUL: Visitor numbers to Turkey plunged by over 10 per cent in February, the government said Tuesday, as tourism was hit by a crisis in relations with Russia and security fears after a series of attacks. The number of foreigners entering Turkey fell 10.32 per cent in February from the same…

AFP, TOKYO: The dollar advanced against the yen and euro yesterday but edged broadly lower against other Asian currencies as dealers await a speech by Federal Reserve chief Janet Yellen. Yellen’s talk in New York later in the day comes after the bank earlier this month lowered its forecasts for…

The new $1.3 billion Cadillac factory on the outskirts of Shanghai is a shrine to modern manufacturing, the kind of facility that automakers all over…

AFP, JERUSALEM:  Prime Minister Benjamin Netanyahu's bid to turn Israel into a natural gas exporter has hit a major snag over a court ruling, but he still has room for manoeuvre, analysts say. The supreme court on Sunday struck down a complex agreement intended to lead to the development of…

AFP, SYDNEY: Aerial surveys of Australia’s Great Barrier Reef have revealed the worst bleaching on record in the icon’s pristine north, scientists…

AFP, LOS ANGELES:  California lawmakers reached a deal on Monday to gradually raise the state’s minimum wage to $15 an hour, giving momentum…

The Executive Committee of the National Economic Council (ECNEC) yesterday approved eight development projects with an outlay of Tk 1,442.42 crore, including one to set up 2nd campus of Chittagong Veterinary and Animal Sciences University involving Tk 238.87 crore. The approval came from the ECNEC meeting…

At least seven core issues should be reviewed through effective initiatives to ensure a hassle-free and time-befitting VAT online system as per the modern Tax management, reports BSS. The issues include tax payers’ communication, keeping proper accounts, training programme for officials, cyber…

AFP, KUWAIT CITY: Saudi Arabia and Kuwait have reached a deal to resume production at the disputed Khafji offshore oilfield, Kuwait’s acting oil minister said yesterday. “An agreement has been reached with the Saudi side at Aramco to resume production at Khafji field in small quantities,”…

AFP, SEOUL:  South Korea’s Samsung yesterday announ-ced the launch of its mobile payment service in China, where it is likely to struggle in an already crowded market that arch-rival Apple entered nearly six weeks ago. The world’s second largest economy is also the world’s biggest…

Web browser Opera Mini has saved 10,829 terabyte (TB) of data, in money term Taka 3.3 billion, for mobile users in Bangladesh in 2015, says a press release. The data save has been possible because of the browser's unique compression technology, according to a report "State of the Mobile Web"…

The sales of Walton air conditioners (ACs) went up across the country as people are purchasing ACs of both the local and the international brands with the advent of sweltering heat. Following the last year’s huge turnover, Walton has set an annual target of bagging about 45 to 50 per cent growth…