Saturday 23 November 2024 ,
Saturday 23 November 2024 ,
Latest News
Brexit not to affect growth of exports, affirms Tofail

Brexit not to affect growth of exports, affirms Tofail

The Bangladesh government has set the country’s exports target at USD 37 billion for the FY 2016–17, which is 8.06 per cent higher than the…

Chinese entrepreneurs keen to invest in Bangaldesh

Many Chinese investors expressed their keen interests to invest in various priority sectors in Bangladesh and believe that such investment would benefit both the countries. Meanwhile, Bangladesh government said they are working for providing better infrastructural facilities and incentives for the investors…
UNI Global Union files OECD 
complaint against VimpelCom

UNI Global Union files OECD complaint against VimpelCom

UNI Global Union, the international trade union federation representing 20 million workers in the services sector, has filed an OECD complaint in the…
Godrej to start local manufacturing of soaps in Bangladesh, Sri Lanka

Godrej to start local manufacturing of soaps in Bangladesh, Sri Lanka

Godrej Consumer Products Limited, a leading player in consumer products category, has recently set foot in Sri Lanka and Bangla Desh for manufacturing…

e-GP growth doubles in a year

Both the value and volume of tenders invited through electronic government procurement (e-GP) system in Bangladesh doubled in the fiscal year ending on June 30, 2016. The data show that the number of tenders invited in e-GP up to June 2015 was 26102. It jumped to 57936 on June 30, 2016. The value of…

Militant attacks would not deter manpower export: Minister

Expatriates’ Welfare and Overseas Employment Minister Nurul Islam B. Sc. yesterday firmly said that recent militant attacks in the country would not affect export of manpower to other countries, reports BSS. “We have sent 6,88,954 workers abroad with employment since July 2015 and we expect…
BTRC signs agreement with Anite Finland

BTRC signs agreement with Anite Finland

Aiming to ensure quality of service (QoS) for mobile telecommunication, the telecom regulator yesterday signed an agreement with Finish firm Anite Finland…

Pound up ahead of BoE’s first post-Brexit meeting

AFP, TOKYO: The pound rose yesterday ahead of a meeting of the Bank of England as it mulls an interest rate cut to counter the fallout from Britain’s vote to exit the European Union. Sterling picked up to $1.3223 from $1.3144 in New York as markets await the outcome of the central bank’s…
Britain’s new finance chief 
rules out emergency budget

Britain’s new finance chief rules out emergency budget

AFP, LONDON: Britain’s new finance minister Philip Hammond yesterday ruled out an emergency budget in response to economic turbulence triggered…
Too busy to text: Messaging 
app Line bets on stickers

Too busy to text: Messaging app Line bets on stickers

AFP, TOKYO: A year ago, Siobhan Stollznow would have scoffed at the idea of using cartoon characters instead of words to chat with friends on her smartphone—until…
Farnborough reels as Airbus slashes output

Farnborough reels as Airbus slashes output

AFP, FARNBOROUGH: The aircraft sector hit turbulence Wednesday as European giant Airbus slashed output of its A380 superjumbo because of weak demand,…
EU files fresh anti-trust charges against Google

EU files fresh anti-trust charges against Google

AFP, BRUSSELS: The European Union filed new anti-trust charges against Google yesterday, piling pressure on the US tech giant over the alleged abuse of…

Stocks close week mixed amid rickety trade

Stock market finished post-Eid week yesterday mixed amid rickety trade as investors were highly cautious about making fresh commitment, reports BSS. The week began on Sunday with downward, but showed recovery in the next two sessions before coming back to the negative territory again during the last…
Bank of England signals August rate cut on Brexit

Bank of England signals August rate cut on Brexit

AFP, LONDON: The Bank of England kept its interest rate at 0.50 per cent yesterday signalled a possible August cut in response to Britain’s vote…

India’s biggest IT sourcing firm TCS books quarterly profit rise

AFP, MUMBAI: India's biggest IT sourcing firm Tata Consultancy services reported better-than-expected quarterly earnings yesterday, boosted by rising demand for its cloud computing services. The firm, based in India's financial capital Mumbai, said net profit for the three months to June 30…

Oil rebounds on bargain hunting

AFP, LONDON: World oil prices rebounded yesterday as dealers snapped up bargain crude, one day after the commodity sank to fresh two-month lows on disappointing US inventories. At about 1200 GMT, US benchmark West Texas Intermediate for delivery in August was up 83 cents at $45.58 a barrel compared…

‘Taiwan's TSMC to get iPhone 7 revenue boost’

AFP, TAIPEI: The world's biggest contract microchip maker by revenue yesterday predicted a third quarter growth boost, with analysts saying it would benefit from Apple's new iPhone series launch. Taiwan Semiconductor Manufacturing Co (TSMC) said income in the three months to September was expected…

Novoair announces monsoon offer

Novoair is offering a monsoon special for the passengers, a press statement said yesterday. Under the offer, which will be valid till August 31, two persons can fly to Saidpur or Rajshahi or Barisal from Dhaka at Tk 3,725, the statement added. During this season, Novoair offered special fare to Chittagong…

US jobless claims hold steady at low level

AFP, WASHINGTON: A modest number of Americans filed new claims for US unemployment insurance benefits last week, fresh evidence of steady improvement in the jobs market, government data showed yesterday. Initial jobless claims, a sign of the level of layoffs, held near a three-month low for the second…
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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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