RAN, a food processing and agribusiness company, has bagged its maiden export order for Cassava worth around $ 3 million from New Zealand, says a press…

More public-private initiatives are essential to further enhance the credit support to the textile sector aiming to expedite the sector and make the country as a developed one in the globe, speakers at a view exchange meeting observed yesterday, reports BSS. The speakers made the observation at a meeting…

As assurance service providers, professional accountant in practice has to look into the organisations for cyber risk management. They should take responsibility to advise the organisations for improvement of cyber security systems, said a press release yesterday. Speakers made these recommendations…

AFP, SINGAPORE:  Crude prices edged down in Asia yesterday following last week’s gains that were fuelled by data showing a drop in US production,…

AFP, BEIJING:  China’s consumer inflation was steady at 2.3 per cent year-on-year in March, official data showed Monday, a sign of stabilisation for the world’s second-largest economy. The rise in the consumer price index (CPI) released by the National Bureau of Statistics was the same…

AFP, WASHINGTON:  The IMF on Sunday defended negative interest rates set by central banks, given “significant risks” of slow growth, while acknowledging potential for dangerous boom-and-bust cycles. Six central banks, notably the European Central Bank and the Bank of Japan, have taken…

Stock market plunged further yesterday for the second day of the week due mainly to higher selling in financial and large-cap securities, reports BSS. DSEX, the broader index of Dhaka Stock Exchange (DSE), lost 29.34 points to finish the session at 4401.78. The blue-chip DS30 and the Shariah DSES also…

AFP, KUALA LUMPUR: Malaysia's first Islamic-compliant airline has been suspended for three months after it failed to adhere to aviation regulations, a senior official said yesterday, as the government announced a safety audit of the carrier. "Rayani Air has been suspended for three months,"…

Government officials will soon be able to enjoy free calling direct from their internet enabled mobile phones apart from message broadcasting, instant messaging (IM), automatic caller location finding and respective department’s files synchronization. REVE Systems, a Bangladeshi multinational…

Jeremy Amias, global head of financial institutions of Standard Chartered Bank, is in Dhaka, the bank said in a press statement yesterday. During his visit, he will hold meeting with key clients and senior staff of the bank. Jeremy will be accompanied by Paul Lim, regional head of financial institutions…

Recently Oracle released the Oracle Exadata X6 Database Machine, introducing game-changing performance, capacity and availability, all at no additional cost, says a press release. Oracle Exadata continues to lead the industry with breakthrough technology that delivers extreme performance and the best…

A five-day long Small and Medium Entrepreneur's (SME) Commodity Fair will begin on Khulna Deputy Commissioner Office premises in the city tomorrow, reports BSS. It was announced at a press briefing yesterday at Humayun Kabir Balu auditorium at Khulna Press Club. Khulna district administration is…

AFP, SINGAPORE: China’s economic slowdown will hit growth in developing East Asia and the Pacific from this year until at least 2018, the World Bank said Monday, warning of volatile global markets and urging caution. Regional growth is forecast to slow from 6.5 percent in 2015 to 6.3 percent this…