Monday 23 December 2024 ,
Monday 23 December 2024 ,
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Inflation drops below target

Inflation drops below target

The rate of inflation in the country stood at 5.92 per cent in 2015-16 financial year (FY16), down by 0.28 per cent of the government fiscal target of…

ECNEC approves five projects worth Tk 700cr

The Executive Committee of the National Economic Council (ECNEC) today approved five development projects involving Tk 700.08 crore, reports UNB. The approval came at a meeting of the ECNEC held in the NEC conference room in the city’s Sher-e-Bangla Nagar with ECNEC Chairperson and Prime Minister…

‘SDGs hit ground but global environment not supportive’

Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD), has said the Sustainable Development Goals (SDGs) have hit the ground running and countries have already geared up to implement the 2030 Agenda, reports UNB. “This is good news,” he said while speaking…

‘Digital Security Act to be placed in winter session of parliament’

The Digital Security Act is likely to be placed in the Parliament in winter session in order to make it as a law. State Minister for ICT Junaid Ahmed said: “We have already completed all preparations to place the Digital Security Act in the Parliament. The Act will be placed in the parliament…

Farmers under Muhuri Irrigation Project to get prepaid cards

The government has launched a project to introduce prepaid metre system in Muhuri Irrigation Project, one of the country’s important projects in Feni, to help farmers avail of water for irrigation using cards, reports UNB. Bangladesh Water Development Board (BWDB) has started the work under the…

FBCCI for social movement to resist militancy

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday called for waging a social movement by engaging people from all classes to resist all sorts of militant and terrorist activities in the country, reports UNB. Condemning the recent terror attacks at Gulshan and Sholakia,…

Oil prices rise

AFP, SINGAPORE: Oil prices recovered yesterday but stayed near two-month lows as increased US drilling, a strong dollar and hints of higher production by Iran and Libya brought worries about a global glut back into focus. The commodity has retreated since last month, when prices rose above $52 a barrel,…
HSBC avoided US money laundering 
charges because of ‘market risk’ fears

HSBC avoided US money laundering charges because of ‘market risk’ fears

US officials refused to prosecute HSBC for money laundering in 2012 because of concerns within the Department of Justice that it would cause a “global…
World stocks mostly rally; London dips

World stocks mostly rally; London dips

AFP, LONDON: The world’s leading stock markets mostly rallied yesterday, with company share prices benefiting from a more positive outlook for the…
Tehran bazaar blends hope, caution 
a year after nuclear deal

Tehran bazaar blends hope, caution a year after nuclear deal

AFP, TEHRAN: As a tailor in Tehran’s fabled Grand Bazaar for over 60 years, Mostafa Javedan has lived through coups, wars, a revolution—and…
Blogs are better than press releases for startups

Blogs are better than press releases for startups

Startups make for great stories and stories can help sell your product in an amazing way. People love stories and especially those that they can connect…

Stocks rally on higher participation

Stocks showed strong rally yesterday as some investors renewed their buying commitment and were highly active around financial and consumers securities. The robust trend pushed the daily transaction significantly up and also drove prices of majority of the issues traded high. The daily trade value at…

Sri Lanka raises $1.5b despite Brexit volatility

AFP, COLOMBO: Sri Lanka yesterday announced that it had raised $1.5 billion through a bond issue which was nearly four times oversubscribed despite volatility triggered by Britain's to leave the European Union. The Central Bank of Sri Lanka said orders totalled $5.5 billion for the $1.5 billion…
OPEC sees oil glut continuing to ease in 2016-17

OPEC sees oil glut continuing to ease in 2016-17

AFP, VIENNA: OPEC said testerday it expected the global supply glut to ease further this year and next thanks to reductions in oil output from producers…

Citibank to close key Venezuela payment account: Maduro

AFP, CARACAS: Citibank plans to close the account Venezuela uses to make international payments, President Nicolas Maduro said Monday, accusing the US-based bank of mounting a "financial blockade." "Citibank, with no warning or communication, says that it is going to close the Central…

France’s EDF buys Chinese wind energy firm

AFP, PARIS: Seeking to place itself as the main European player in a burgeoning Chinese market, state-owned French energy giant EDF said yesterday it had taken a controlling stake in Hong Kong-based UPC Asia Wind Management (AWM). EDF, which did not reveal what it had paid for the 80 per cent stake…

Rahman new MD of Dhaka Stock Exchange

KAM Majedur Rahman yesterday joined Dhaka Stock Exchange (DSE) as its new managing director (MD), reports BSS. Prior to his new appointment, Majedur Rahman was consultant of E-currency Meant incorporation, an America based firm, said a press release yesterday. Majedur Rahman started his career as management…

REB subscription reaches 15.6m

The number of subscribers of Bangladesh Rural Electrification Board (REB) has reached to 15.6 million people until June 2016, says a press release. In line with the Vision 2021, REB has taken up a number of activities at hand including construction of new power distribution lines to bring the whole…

China auto sales speed up 14.6pc in June

AFP, BEIJING: Car sales growth in China, the top global auto market, accelerated for the second consecutive month, an industry group reported Monday, despite continued woes in the world's second-largest economy. A total of 2.07 million vehicles were sold in China last month, up 14.6 per cent from…

Singapore bank ‘note’ robber caught in Thailand

AFP, SINGAPORE: A man wanted in Singapore for allegedly stealing more than $22,000 from a bank using nothing but a piece of paper has been arrested in Bangkok, Singaporean police said on Monday. The suspect was arrested on Sunday, the police said in a statement, three days after authorities suspect…
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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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