Standard Chartered Bank will give low-interest loans to those interested to buy flats under the apartment project of Rajdhani Unnayan Kartipakkha (RAJUK), reports BSS. To this effect, an agreement was signed between Standard Chartered Bank and RAJUK at the meeting room of housing and public works ministry…

Robi Axiata Limited has appointed Mahtab Uddin Ahmed as its new Chief Executive Officer (CEO) and Managing Director with effect from November 1. Mahtab…

Newly appointed Russian Ambassador in Dhaka has proposed to Bangladesh for using its own currency for the mutual trade aimed at reducing dependence on the dollar, reports BSS. Alexander Ignoatov made the proposal during a courtesy call on Prime Minister Sheikh Hasina at her Tejgaon office here yesterday.…

AFP, HONG KONG:  Chinese conglomerate Wanda, owned by one of the country’s richest men, said Tuesday it had bought the London-based Odeon & UCI cinema group in a deal worth around $1.2 billion. Wanda-owned AMC Entertainment Holdings, the second-largest movie theatre chain in North America,…

AFP, PARIS:  Higher-than-forecast demand should bolster oil prices throughout 2016, despite high stocks continuing to exert downward pressure on…

AFP, BEIJING:  China’s imports and exports both fell at a faster rate in June, official data showed yesterday, in the latest poor indicator…

AFP, RIYADH:  Their heads bowed, young Saudi men concentrate on exam papers in a workshop filled with industrial machines that will help them earn…

Most startups start their journey with a small working space- small, shared or home office. For limited resources startups offices usually never have infrastructure like an established company. While space might be small, it necessarily doesn’t mean poorly designed. Rather designers are expected…

Profit-booking selling drove share prices down yesterday, breaking the two days rally. The major price indices at the twin stock exchanges were down at close, reports BSS. Stocks showed strong rally in the past two sessions when some investors renewed their buying commitment and were highly active around…

AFP, BRUSSELS: Google won more time yesterday to answer accusations by the European Commission that the US tech giant abuses the dominance of its Android mobile phone operating system. “The Commission has agreed to extend Google’s deadline to respond to its Statement of Objections concerning…

AFP, TOKYO:  The yen pared some of its losses yesterday as a Japanese official doused speculation that Tokyo was mulling so-called helicopter money to boost growth. Top government spokesman Yoshihide Suga said a report in Japan’s Sankei newspaper that the government was considering direct…

A three-day business exposition of Bangladesh-Bhutan-India-Nepal (BBIN) will begin from July 15 at Siliguri in India, a day after the launching of the business forum in Kolkata, reports BSS. BBIN Business Forum will formally be launched in Kolkata on July 14 to play a vital role in boosting trade and…

AFP, KUALA LUMPUR: Malaysia yesterday cut interest rates for the first time in seven years in a shock move as the economy struggles with weak exports and an uncertain global outlook. The decision to slash borrowing costs by 25 basis points to 3.00 percent follows similar moves by Singapore and Indonesia…

Oracle recently announced major new additions to the SPARC platform which in turn will enhance advanced security, efficiency and simplicity of SPARC to the cloud. Built on the new SPARC S7 microprocessor, the latest additions to the SPARC platform include new cloud services, engineered systems and servers,…

Walton has increased the number of technicians and engineers by 50 per cent to about 2400 personnel this year from the 1600 personnel of last year for ensuring better and fast after sales service, reports BSS.  To bring the after sales services within the customers’ reach, Walton Service…