The proposed 1,320 megawatt (MW) coal-fired power plant is expected to begin its commercial operation by 2022, four years after the singing of the engineering procurement  and construction contract (EPC) in 2018, reports BSS. The decision came at the first meeting of the Bangladesh-Malaysia…

The High Court yesterday imposed a six-month embargo on the construction of a market on the bank of Laldighi, a public water body in the district town of Cox’s Bazar, reports UNB. An HC bench comprising Justice Zubayer Rahman Chowdhury and Justice Md Ataur Rahman Khan also issued a rule asking…

AFP, SINGAPORE: Oil prices eased in Asia yesterday, ending a seven-day rally, following news that Iraq will boost crude exports, while the dollar strengthened on speculation the Federal Reserve could hike interest rates this year. The commodity entered a bull market last week -- after rising more than…

AFP, ZURICH: A US national security regulator has approved a state-owned China National Chemical Corp.’s planned $43-billion (38 billion-euro)…

As a startup, you would need investment. You will have to prepare your pitch for the Venture capital (VC). Here are some points you should expect any…

AFP, KORALA: Twice a year, a normally deserted border checkpoint high on the Tibetan plateau throngs with activity as traders from Nepal flock to do business…

Stock markets closed flat yesterday amid lower participation as investors were cautious about making fresh investments, reports BSS. The daily trade value at the country's premier bourses fell by nearly 5.0 per cent to Tk 447.24 crore, but the volume rose by around 7.0 per cent to 11.71 crore shares…

AFP, TAIPEI: Taiwan is investigating a bank linked to the so-called Panama Papers scandal, in the wake of a $180 million fine levied by US authorities…

AFP, TOKYO: The dollar rose yesterday in Asian trade on renewed hopes for a possible US rate hike this year following hawkish comments from the vice chairman of the Federal Reserve. The greenback moved higher against major currencies after Stanley Fischer said Sunday that the US central bank was close…

HP Spectre, the world’s thinnest laptop, has been launched in Bangladesh.   HP Inc unveiled the world’s thinnest notebook for the first…

Nizam Chowdhury has recently been re-elected chairman of NRB Global Bank Limited, the bank said in a statement yesterday. Board of directors of the bank…

Total Lubricants launched Total Hi-Perf 4T Special motorcycle engine oil with Super Strong Film (SSF) Technology in Sylhet recently, a press statement said yesterday.  The special engine oil will be available in Chittagong, Rangamati, Khagrachhari, Comilla, Noakhali, Feni, BrahmanBaria, Cox’s…

AFP, KUALA LUMPUR:  Malaysia’s state energy firm Petronas said yesterday  profits plunged 85 per cent  in the second quarter due to low oil prices, adding to concerns about the country’s slowing economy. Petronas, Malaysia’s only Fortune 500 company and the largest source…