Bangladesh Telecommunication Regulatory Commission (BTRC) is yet to start  monitoring the content of discounted package offered to the subscribers…

Bangladesh had fast rural transformation but showed slower rural poverty reduction compared to the other countries which might be related to its slow structural transformation, says a new report, report UNB. As with structural transformation, the speed of rural transformation is also positively…

There is a need to create future jobs and industries which can create more revenues and that is very required for promoting sustainability for future generation.” Said Kithmina Hewage, research assistant of IPS (Institute of policy studies of Sri Lanka), made this observation at a parallel session…

A Saudi company has shown keen interest to invest in cement and paper industries in Bangladesh. “A high level delegation from Saudi firm Al Razi will visit Bangladesh to explore investment opportunity in cement and paper industry, Md Mosharraf Hossain Bhuiyan, senior secretary of Ministry of Industries,…

Finance Minister AMA Muhith stressed on investment to create employment opportunity that help to reduce poverty.  He made the statement while addressing a panel discussion on “End global poverty by 2030: Sharing Bangladesh’s experience” organised by World Bank at Osmani Smriti…

AFP, BEIJING: China’s growth slipped to a seven-year low of 6.6 percent in the third quarter, according to an AFP survey, despite ample stimulus…

An airline flight ban on Samsung’s Galaxy Note 7 is spreading fast after reports some phones have caught fire, reports BBC. Carriers in Australia,…

AFP,FRANKFURT: There will still be more books than you could ever read, but visitors to this week’s Frankfurt Book Fair will also be invited to don virtual reality goggles, visit an interactive classroom and discover 3D-printed art as publishers plug into new technology. Organisers of the world’s…

ZuumZuum (ZZ)  was launched in July 2015.  In the last year ZZ managed to keep its operation costs lower, expanded partnership and cracked the…

AFP, BEIJING: A former Chinese official who stockpiled so many millions at his home that money-counting machines reportedly broke when authorities tried to count the hoard was given a heavy prison sentence for corruption yesterday, official media said. Wei Pengyuan, former deputy head of the…

Stock market suffered extensive price fall yesterday as investors were selling shares for profit booking. The falling price pulled the price indices down at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), reports BSS. At DSE, only 93 securities finished higher when 183 issues across…

BEIJING, XINHUA: The central parity rate of the Chinese yuan continued to weaken yesterday, hitting a six-year low against the U.S.  dollar. The central parity rate weakened by 222 basis points to 6.7379 against the dollar, according to the China Foreign Exchange Trade System (CFETS), the lowest…

As many as 550 jobs have disappeared every day in last four years and if this trend continues, employment would shrink by 7 million by 2050 in the country, a study has claimed, reports Business Standard. Farmers, petty retail vendors, contract labourers and construction workers are the most vulnerable…

AFP, TEHRAN: Iran said yesterday its oil production capacity will hit four million barrels per day by March after it was exempted from an informal agreement among OPEC members to lower output to boost prices. "Our production capacity was 3.8 million (bpd) after the first half of the year. We will…

Total Lubricants launched TOTAL HI-PERF 4T SPECIAL motorcycle engine oil in Rajshahi and Rangpur divisions, says a press statement yesterday.  The special engine is now available in Rajshahi, Bogra, Chapainawbabganj, Rangpur, Natore, Pabna, Dinajpur, Thakurgaon, Kurigram market.…

Xinhua, SEOUL: South Korean economy posted trade surplus for 56 straight months through September as both exports and imports went down, customs data showed yesterday. Revised figure for trade surplus in September reached 6.9 billion U.S.  dollars, up from 5.1 billion dollars of surplus in…

AFP, PARIS: Fashion icon Karl Lagerfeld announced yesterday he planned to launch his own branded hotel chain, with the first property set to open in the Chinese gambling hub of Macao in 2018. The 83-year-old German-born designer has already collaborated with luxury Parisian address Le Crillon…

AFP, DUBAI: The global economic slowdown com-bined with “selective demand” are pushing Christie’s to seek more realistic prices on their collections, directors of the auction house said Sunday. “This year the market is not at the same level as it was one year or two years ago.…