Over 55,000 tenders worth $5.8b processed online

The country is making transformational shift to its public procurement environment with exponential growth of electronic government procurement, known…

Number of subscribers drop by 5 lakh in April

The number of customers using Mobile Financial Service (MFS) has declined by 3.57 per cent in April when compared to march. The latest data of Bangladesh Bank shows that the number of active MFS customers declined by 5 .09 lakh to 137.34 lakh in April from 142.43 lakh in March. The number mof…

Enjoy more profit with help from accreditation bodies

Industries Minister Amir Hossain Amu yesterday said exporters will be able to get higher prices from the international market with the help of accreditation bodies in Bangladesh, reports UNB. Bangladesh Accreditation Board (BAB) is now recognised by international accreditation bodies like APLAC and…

Bangladesh, Denmark sign 5-year country programme for 12 projects

With the aim of poverty reduction, growth and sustainable development of Bangladesh, Denmark has extended its financial assistance for another 5-year where a total of 12 projects would be implemented, reports BSS. To this end, the government of Bangladesh and Denmark yesterday struck a deal for “Bangladesh…

Proposed budget to cut poverty, implement Vision 2021: Treasury bench members

Treasury bench members yesterday hailed the proposed budget for next fiscal year describing it as pro-people, investment and business-friendly that would help implement Vision 2021 of the government by cutting poverty down to a significant level, reports BSS. Taking part in a general discussion on the…

Planning minister holds meeting with secretaries

Planning Minister AHM Mustafa Kamal yesterday held meeting with the senior secretaries and secretaries concerned of all ministries to review the implementation status of the annual development programme (ADP) for current fiscal ending this month, reports BSS. The minister asked the secretaries about…

Ruble hits a 7-month high

AFP, MOSCOW: Russia’s ruble hit a seven-month high yesterday on the back of rising oil prices, bolstering calls for the central bank to cut its main interest rate at a meeting Friday. The ruble strengthened to around 63.40 against the dollar—its best since November—and 72.27 to the…

Dutch to be hit hard by any Brexit: Study

AFP, THE HAGUE: The Netherlands will be hit hard if Britain leaves the EU, a Dutch government think tank warned Thursday, predicting a possible 1.2-per…

Japan stocks hit by strong yen

AFP, HONG KONG: Japanese stocks retreated yesterday on the back of a stronger yen as traders consider the prospect of low US interest rates until the…

A Ghanaian chef works against waste to feed the hungry

AFP, ACCRA: Excess and waste are usually considered symptomatic of the affluent West but trained chef Elijah Amoo Addo knows these are problems too in…

Vodafone New Zealand and Sky in $2.44b merger

AFP, WELLINGTON: Vodafone New Zealand will take a controlling interest in Sky television under a NZ$3.44 billion ($2.44 billion) merger deal, the…

Stocks finish post-budget week flat

Stock market finished the trading of the post-budget session flat, with the major indices at Dhaka and Chittagong stock exchanges remaining almost unchanged, reports BSS. The broader index of Dhaka Stock Exchange (DSE) ended the week yesterday at 4418.99, over 27 points down from the week’s opening…

India concerned over dip in contributions to UNDP

India has expressed concern over the continuous decline in contributions to the UN Development Programme at a time when the agency has to step up its activities and assist member states in their efforts to achieve the ambitious 2030 development agenda, reports PTI. First Secretary in India’s Permanent…

Google Street View adds more location of Bangladesh

Following the launch of Dhaka, Chittagong and Khulna on Street View last year, one can now explore even more of Bangladesh on Street View with yesterday’s…

World Accreditation Day observed

The World Accreditation Day-2016 was observed across the country like elsewhere in the world, reports BSS. This year, the theme of the day is “Accreditation: A global tool to support Public Policy”. President Abdul Hamid and Prime Minister Sheikh Hasina gave separate messages wishing success…

‘Walton to manufacture LED panel, backlight’

Walton has taken initiative for manufacturing LED panel and backlight in Bangladesh, one of the prime items for the display of LED products like LED TV, desktop and laptop monitor, mobile and tab screen, says a press release. Walton is setting up LED panel manufacturing unit with latest technologies…

China objects to India anti-dumping probe into steel

China has expressed serious concern over India initiating an anti-dumping probe against Chinese steel products as it sought a ‘fair’ and ‘transparent’ investigation in line with WTO rules, reports PTI. China is highly concerned by Indian trade remedy measures against Chinese…

Apple revamps App Store with new revenue plan, ads

AFP, SAN FRANCISCO: Apple said Wednesday it was revamping its App Store with a new revenue-sharing model for app developers and, for the first time, search-related advertising. The move comes with Apple seeking to boost its revenue from services amid what appears to be a plateauing of sales of…

2nd BPO Summit begins July 28

In a bid to take the country’s Business Process Outsourcing (BPO) sector into the fast lane, the second BPO Summit will be held at the Krishibid Institute in the capital on July 28 and 29, says a press release. The summit is jointly organised by the ICT Division and Bangladesh Association of Call…