With the target of curbing the illegal international call termination using "VoIP" technology to minimum level, the telecom regulator is going…

Bangladesh and India yesterday signed a memorandum of understanding (MoU) on the route permit for carrying petroleum products from Assam to Tripura through Bangladesh territory, reports UNB. Based on the request by the government of India, the government of Bangladesh has granted permission for the…

Industries Minister Amir Hossain Amu yesterday said the apparel accessories and packaging manufacturers should get cash incentive from the government to make the sector more sustainable, reports BSS. "Our government should come forward to accelerate the sector . . . I will discuss the issue with…

Country's trade deficit has come down to its lowest in six years in the outgoing financial year, to stand at nearly $5.47 billion, down 15 per cent from a year earlier, thanks to a drop in global commodities prices and steady garment exports, according to latest data of Bangladesh Bank. Imports…

AFP, TOKYO: The dollar dropped yesterday as records from the Federal Reserve’s last meeting dampened hopes of an imminent US interest rate hike. Minutes from the US central bank’s July gathering said policymakers were keeping their “options open” but remained divided on the threat…

AFP, GENEVA: From earthquakes in Japan to wildfires in Canada, disasters cost the world economy $71 billion (62 billion euros) in the first half of the year, reinsurer Swiss Re said yesterday.  That marked a 38-per cent  increase compared with the same period a year ago, the world’s…

AFP, LONDON:  Retail sales in Britain, a key driver of the economy, rebounded 1.4 per cent  in July from June’s drop, official data showed…

AFP, TOKYO:  Japan’s exports in July suffered their sharpest monthly fall in seven years, data showed yesterday , as a surging yen clouds the…

AFP, TAIPEI: Cheap instant “bubble tea” has become one of Taiwan’s best-known culinary exports—now a new wave of entrepreneurs…

AFP, FRANKFURT: Volkswagen said yesterday production at several factories has been severely disrupted due to a shortage of components, a new headache for the German car giant that is still grappling with a massive pollution cheating scandal. Work at the several factories, including at its largest facility…

Dhaka and Chittagong stock exchanges finished week mixed yesterday amid lower transaction as investors were cautious at almost every session, reports BSS.  Compared to last week, the borders DSEX index of Dhaka Stock Exchange (DSE) closed the week only 10.72 points up at 4585.08 when the blue-chip…

AFP, SINGAPORE: Singapore Telecom yesterday said it will spend $1.8 billion to take a stake in Thailand’s Intouch and raise its share of India’s Bharti, boosting its access to fast-growing Asian and African mobile markets. SingTel, Southeast Asia’s biggest telecom group by revenue,…

AFP, SINGAPORE: Oil prices eased slightly in Asia yesterday amid reports OPEC kingpin Saudi Arabia would further raise output in August. Prices hit five-week…

AFP, TAIPEI: Taiwan’s new government unveiled its first budget yesterday  as it tries to kickstart the island’s fragile economy, but the cautious spending plan raised questions over whether it was investing enough. President Tsai Ing-wen was voted in by a landslide in January partly…

Bangladesh Bank (BB) has eased the refinance scheme for the milk producers across the country, allowing them five per cent interest without any mortgage loan, reports BSS. The concerned banks can give loan by following the previous process, but, they cannot take any mortgage from the borrower, BB said…

Walton has targeted to sell a large number of fridges ahead of Eid-ul-Azha, one of the biggest religion festivals of the Muslim community. The Walton officials said they had set a target of selling 4.5 lakh pieces of fridges during the festival this year, the company said in a press statement. Walton…

AFP, HONG KONG: Chinese technology giant Lenovo yesterday reported higher profits in the first quarter thanks to cost cutting, but sales of PCs and smartphones continued to struggle. The company’s share price rose 3.55 percent to HK$5.54 in morning trade after it announced net profit was up 64…

AFP, GENEVA: Nestle, the world’s largest food company, on Thursday reported a 9.1 per cent fall in profits through the first six months of 2016, but said its sluggish performance should be reversed in a strong second half. The firm posted 4.1 billion Swiss francs ($4.3 billion, 3.9 billion euros)…