Bangladesh's foreign exchange reserves have crossed $ 30 billion mark amid a boom in inflow of remittances ahead of one of the biggest festivals Eid-ul-Fitr.…

The Executive Committee of the National Economic Council (ECNEC) yesterday approved the College Education Development Project, costing an estimated Tk 1,040 crore, to create more opportunities for higher education by admitting more male and female students. The approval came at an ECNEC meeting for…

Industries Minister Amir Hossain Amu urged the word leaders for extending their coordinated efforts to help develop green industries for sustainable development, reports BSS. "Two thirds of the world's population will live in the urban areas by 2050", the minister said, noting that an…

AFP, HONG KONG: Asian stock markets brushed off big early losses yesterday and the pound bounced as traders began betting on a fresh round of stimulus…

AFP, ZURICH:  Analysts yesterday praised Nestle’s choice for its new chief executive, healthcare executive Ulf Mark Schneider, as the food giant took a further step in its bid to become a leader in nutrition. Schneider, 50, will take over on January 1, replacing outgoing chief Paul Bulcke…

AFP, TOKYO:  Takata shares jumped yesterday after the airbag supplier’s boss said he would resign once the company recovers from a scandal linked to at least 13 deaths and scores of injuries globally. The Tokyo-listed stock soared as much as 10 per cent in early afternoon trade after chief…

AFP, BEIJING:  China’s homegrown regional jet made its first commercial flight yesterday, operator Chengdu Airlines said, after years of delays…

AFP, BLAGNAC:  Airbus CEO Tom Enders pledged on Tuesday that the aircraft manufacturer’s British operations would remain “integral and indispensable” to the company despite a vote to quit the European Union. Speaking at the opening of the company’s new global headquarters…

Rally at the stock market continued yesterday for the second session of the week when the major indicators of Dhaka and Chittagong stock exchanges advanced further on active buying, reports BSS. DSEX, the broader index of Dhaka Stock Exchange (DSE), gained 38.53 points to reach at 4451.36, with the…

In the last six years from 2009 to 2014, Bangladesh has suffered a heavy loss from natural disasters such as floods and cyclones with accompanying storm surges, tornadoes and river-bank erosion, a state agency study report revealed, reports Gulf Times. In a study report titled “Bangladesh Disaster-related…

AFP, JAKARTA: Indonesia’s parliament yesterday passed a tax amnesty bill in a bid to give Southeast Asia’s top economy a multi-billion-dollar boost, defying criticism the move will let evaders off the hook. The government believes the amnesty can bring in 165 trillion rupiah ($12.4 billion)…

Mohammed Mahtabur Rahman (Nasir) has been unanimously elected as the chairman of the Board of Directors of NRB Bank Limited in its 39th Board meeting…

Ataur Rahaman has been appointed as managing director (MD) of Probashi Kallyan Bank, a state-owned specialised bank, said a press release. The finance…

AFP, TOKYO: The pound rose in Asia Tuesday after hitting a new 31-year low in New York on worries about the effects of Britain’s exit from the European Union, but analysts warned it could face fresh selling as the crisis develops. Prime Minister David Cameron and Finance Minister George Osborne…

Japan External Trade Organization (JETRO) will enhance their activities towards business development of BASIS members in Japanese market, says a press release. The initiatives will include organising more business-to-business (B2B) meetings between Japanese and Bangladeshi investors and seminars for…