The government has taken an initiative to strengthen the fleet of Bangladesh Road Transport Corporation (BRTC) procuring 600 single and double-decker buses under the Indian $ 2 billion 2nd Line of Credit (LoC) to provide better passenger services, reports UNB. The state-run corporation under the Road…

Civil Aviation and Tourism Minister Rashed Khan Menon yesterday called for formulation of a collective plan by Himalayan basin based countries for development…

AFP, TOKYO: The head of collapsed Bitcoin exchange MtGox has been released on bail nearly a year after his arrest on embezzlement charges, according to one of his lawyers. Television footage showed France-born Mark Karpeles, 31, leaving the Tokyo Detention House on Thursday after reportedly paying more…

AFP, LONDON:  World oil prices fell yesterday  on resurgent worries over a supply glut and weak demand, with some analysts forecasting crude prices could fall to $40 a barrel. At about 1130 GMT, Brent North Sea crude for September delivery was down 22 cents at $47.15 a barrel. US benchmark…

AFP,HONG KONG:  Asian stock markets climbed for a fifth-straight session  yesterday following yet another record close on Wall Street and after…

AFP,NEW YORK:  A pioneer in commercial air travel and a major player in building military aircraft, Boeing’s 100-year history coincides with many of the defining moments in US and global history. 1916: William Boeing starts the Pacific Aero Products Co., which was renamed after its founder…

AFP, ISLAMABAD:  Pakistan’s education budget has doubled in recent years—to almost as much as the military’s—but literacy…

AFP, BEIJING:  China’s economy expanded more than expected in the second quarter of the year, data showed yesterday, fuelling hopes growth may be stabilising, but analysts warned private investment still needed to pick up. The world’s second biggest economy grew 6.7 per cent year on…