Industries Minister Amir Hossain Amu has urged foreign entrepreneurs to invest in Bangladesh taking advantage of its favourable investment climate due to availability of low-cost skilled manpower and other facilities, reports BSS. "Indian investors can go for joint venture with Bangladesh entrepreneurs…

Dhaka Chamber of Commerce and Industry (DCCI) President Hossain Khaled yesterday urged the Korean investors to invest in Bangladesh as the country is a land of huge investment potentials. “Bangladesh has an emerging market of RMG, textile, leather, shipbuilding, pharmaceuticals, IT and ICT sector,”…

Improved infrastructure and a more diversified economy can help Bangladesh increase economic growth, create meaningful jobs, and enhance the country’s structural transformation as a thriving middle-income economy, say two new Asian Development Bank (ADB) reports released yesterday.  …

The government yesterday launched a call centre for expatriate Bangladeshis so that they could easily communicate with their families and friends at home, reports BSS. They can also lodge complaints through the call centre, which will be forwarded to the authorities concerned for taking necessary steps.…

National Board of Revenue (NBR) has planned to organise training programme for businesspeople across the country to create awareness about the new VAT law, reports BSS. As part of the plan, a three-day programme will be held with leading trade bodies including the Federation of Bangladesh Chambers of…

AFP, PARIS: Free trade negotiations between the European Union and the United States were supposed to be heading for the home stretch, but now the chances…

AFP, SYDNEY: Australia's consumer watchdog yesterday launched court action against Volkswagen over a massive emissions cheating scandal, saying the…

AFP, BEIJING: When China signed up to host this week's G20 summit two years ago, it seemed like an ideal venue to showcase its financial…

AFP, MUMBAI: India's richest man Mukesh Ambani announced yesterday that his Reliance Industries' long-awaited 4G mobile services would finally…

Stock closed the week yesterday upward with increasing transactions when some investors were seeking comparatively comfortable position in mostly active securities, reports BSS. The indices at the country's twin stock exchanges finished the last trading session of the week in green when market became…

AFP, BEIJING: A European lobby group in China yesterday slammed the country's "unequal investment landscape" and called for it to drop wide-scale prohibitions on foreign investment, warning future access to the EU could be at stake. The comments from the EU Chamber of Commerce in China…

The country’s 465 upazilas will come under 100 per cent electricity coverage by 2018, said Major General Moin Uddin, chairman of Bangladesh Rural Electrification Board.  REB chairman said this at a conference of deputy general managers of the Rural Electrification Society held at the headquarters…

Novoair is offering special discounts for four domestic routes ---Jessor, Saidpur, Rajshahi and Barisal on the occasion of Eid-Ul-Azha, said a press statement yesterday. The passengers who intend to travel from Jessor, Saidpur, Rajshahi and Barisal to Dhaka during September 7-13 and Dhaka to the four…

AFP, LAGOS: The Central Bank of Nigeria (CBN) has lifted a suspension of nine banks from foreign exchange trading for failing to remit some oil money to the government, an official said yesterday. "The erring banks have been readmitted into the inter-bank foreign exchange market after they presented…

AFP, SINGAPORE: Oil prices edged up slightly Thursday after being hammered the day before by data showing a sharp rise in US stockpiles, while analysts warned a pick-up in the dollar would add further downward pressure. Both main contracts plunged Wednesday after the US Energy Department said commercial…