Bangladesh can earn more than Tk 100 crore annually by developing its agarwood sector and exporting agar products abroad, according to officials of Bangladesh…

AFP, WASHINGTON: Four of the world’s largest multilateral organizations joined hands Tuesday in the fight to help developing countries fight tax evasion. The International Monetary Fund, World Bank, United Nations and the Organisation for Economic Co-operation and Development (OECD), announced…

AFP, PARIS:  Iran may technically be open to foreign investors after a nuclear deal with Western powers, but many sanctions remain, deterring potential business partners who fear the US could hit them again with punishing fines. In January, the United States and other Western powers lifted sanctions…

AFP, TOKYO: Japanese automaker Mitsubishi yesterday admitted it falsified fuel-efficiency tests in more than 600,000 vehicles, after reports of misconduct…

AFP, RIYADH: Saudi Arabia will take a $10 billion loan from foreign banks to help close the gap in its state finances from collapsed oil revenues, Bloomberg News reported yesterday. Citing three people with knowledge of the matter, Bloomberg said it would be the first sovereign loan in at least 15 years…

AFP, BRUSSELS:  The EU opened a new front against Google yesterday, slapping the US giant with anti-trust charges alleging it had abused the dominance of its Android mobile phone operating system. The charges are a massive blow to one of the Google’s most strategic businesses and could alter…

AFP, LONDON:  Oil prices resumed falls yesterday after petroleum workers called off a strike in key OPEC producer Kuwait, quashing hopes the disruption could help ease a persistent supply glut. Around 1100 GMT, US benchmark West Texas Intermediate (WTI) for delivery in May was down 91 cents at…

Stock market returned to the green zone yesterday, with recovering marginally in market indicators those were downward in the past couple sessions, reports BSS. The boarder DSEX index of Dhaka Stock Exchange (DSE) eased up at 4359.39 when the blue-chip DS30 and Shariah DSES closed flat in green at 1667.46…

AFP, LONDON: Britain’s unemployment rate stands at its lowest level in more than a decade, but the jobless total has risen for the first time in almost a year, data showed yesterday. Unemployment stood at 5.1 per cent in the three months to February, unchanged from the three months to January,…

The two-day "Bangladesh Denim Expo" will begin next week in the capital city Dhaka to promote the country as the prime destination for sourcing…

Walton Group yesterday provided taka three crore to the fund of Bangladesh Labour Welfare Foundation (BLF). Executive Director of Walton Group SM Zahid Hasan handed over the cheque to State Minister for Labour and Expatriates Welfare and Overseas Employment Mujibul Huq Chunnu at Secretariat here, said…

To materialise the huge potential of the country through leadership drive, Bangladesh Brand Forum is organising the Leadership Summit 2016 with 5 global leaders from the corporate sector with the theme “Realising Potentials”, says a press release. This year, in its fourth edition, the summit…

AFP, KUWAIT CITY:  Kuwait’s state oil firm said yesterday that it expects to restore full production within three days after staff ended a strike in a surprise about-turn that triggered a renewed slide in world prices. The walkout by thousands of staff of Kuwait Petroleum Corp. and its subsidiaries…

Emirates SkyCargo, the cargo division of Emirates Airline, has a launched innovative protection product for valuable temperature-sensitive cargo, such as pharmaceutical products, called White Cover Advanced, says a press release. White Cover Advanced  utilises DuPont’s patented Tyvek material…