Refrain from using Bangla Phone services

Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to take action against telecom operators still availing services from Bangla Phone,…

‘3G availability in Bangladesh better than India, Pakistan’

Bangladesh has secured better position among the countries of South Asia for the availability of mobile broadband or 3G connection, according to a report.…

‘Graft, terrorism threat to SDGs implementation’

Foreign Minister AH Mahmood Ali yesterday said corruption, and terrorism and violent extremism are the two most important challenges that appear to be a serious threat to the implementation of SDGs across the globe, reports UNB. “Bangladesh is no exception,” he said while…

Biman to operate addl flights for hajj pilgrims

The Saudi government has approved 15 slots to facilitate the transportation of hajj pilgrims through additional flights following the cancellation of 15 flights of Biman Bangladesh Airlines, said Religious Affairs Minister Motiur Rahman on yesterday, reports UNB. The minister revealed this at a press…

NBR surpasses revenue collection target of July

Revenue collection has surpassed the target of the first month of the current fiscal year 2016-17 (FY17) as the National Board of Revenue (NBR) collected Tk 9,597 crore in July, up by Tk 88 crore from the target of Tk 9,509 crore, reports BSS. "We've been able to collect surplus amount of revenue…

Dollar rises as markets await Fed chair speech

AFP, TOKYO: The dollar rose yesterday with the Federal Reserve's policy plans in focus, while the South Korean won fell after the North tested a submarine-launched missile, bringing geopolitical tensions back into focus. Traders are awaiting a speech by Fed chief Janet Yellen at the Jackson Hole…

Asian markets struggle, oil losses widen on glut woe

AFP, HONG KONG: Most Asian markets slipped yesterday as traders trod water ahead of a key speech by Federal Reserve boss Janet Yellen this week, while…

Qantas soars to record profits

AFP, SYDNEY: Australian carrier Qantas yesterday posted record annual profits and announced its first payout to shareholders in seven years, staging a…

Spain economy forges ahead

AFP, MADRID: Spain has for months been awash with warnings that the country’s long-lasting political deadlock threatens to harm a fragile…

Few advices to keep your startup on track

When you are starting your business, you need to juggle between lots of tasks. You need to prioritize on the work-related activities. You need to…

Stocks close another week down

Stocks closed another week down yesterday as investors were maintaining a cautious stand and the activity in the market was low. There will be no share trading today for a public holiday on Janmashtami, reports BSS. The average daily trade value and volume declined during the week when majority of the…

G20 Leaders, int’l organisations to attend G20 summit

XINHUA, BEIJING: At the invitation of Chinese President Xi Jinping, leaders of G20 members, some guest countries and international organisations will attend the 11th Group of 20 (G20) summit from September 4 to 5 in China’s eastern city of Hangzhou, a foreign ministry spokesperson said yesterday.…

Qatar buys stake in Empire State Building

AFP, DOHA: Qatar's sovereign wealth fund has bought an almost 10 percent stake in the company that owns New York's iconic Empire State Building, the official QNA news agency reported yesterday. "Qatar Investment Authority (QIA) has acquired $622 million in shares in the Empire State Realty…

German economy grows at better than expected rate

AFP, FRANKFURT: Strong foreign trade and buoyant consumption drove Germany’s economy, Europe’s largest, to better-than-expected growth in the second quarter, federal statistics office Destatis said yesterday. Gross domestic product (GDP) grew by 0.4 per cent between April and June,…

Abdul Hannan appointed acting chairman of RAKUB

The government has appointed Abdul Hannan, divisional commissioner of Rajshahi division, as acting chairman of the board of directors of Rajshahi Krishi…

Obayed Ullah Al Masud joins Sonali Bank as MD

Obayed Ullah Al Masud yesterday joined state-owned Sonali Bank as its managing director (MD) and chief executive officer (CEO), the bank said in a statement…

Mobile app for women, children launched

Mobile App, 'Managing Violence Against Women and Children' was launched yesterday at Bangladesh Computer Council (BCC) auditorium in the capital. The special mobile app, a computer programme designed to run on mobile devices such as smart phones and tablet computers, has been made to prevent…

BEPZA export exceeds target in 2015-16 FY

Bangladesh Export Pro-cessing Zones Authority (BEPZA) exceeded the export target by $676 million against the export target of $6,000 million for 2015-16 financial year (FY16). BEPZA has exported goods worth $6,676.32 million from the enterprises of eight EPZs which was $6,113.49 million in 2014-15 financial…

PetroChina profit almost wiped out in first half

AFP, SHANGHAI: China's biggest oil producer PetroChina's net profit plunged 97.9 per cent in the first half of this year, it said yesterday, as it struggled with a weak domestic economy and low oil prices. Net profit was 531 million yuan ($79.9 million) in the January to June period, down drastically…