The government yesterday signed an agreement with a consortium of six companies for the consultancy job of Karnaphuli Tunnel under the Karnaphuli River in the port city of Chittagong, reports UNB. Chief Engineer of Bridges Division Kabir Ahmed and SEC technical and management chief Gavin Harong Streed…

President Abdul Hamid yesterday urged Danish entrepreneurs to invest in Bangladesh more as an investment-friendly climate is prevailing in the country, reports UNB. The President made the call when newly appointed Ambassador of Denmark to Bangladesh Mikael Hemniti Winther presented his credentials…

Civil Aviation Authority Bangladesh (CAAB) has banned carrying Samsung Galaxy Note-7 in aircraft following reports that the device caught fire in different places across the world, reports UNB. A safety circular signed by Director (Flight Safety and Regulations) of the CAAB Wing Comannder Chy Md…

The country’s leading mobile phone operator Grameen-phone (GP) reported revenue of Tk 29.4 billion in 3rd quarter (Q3) of 2016 with 11.2 per cent…

AFP, MOSCOW: In a spectacularly costly gamble aimed at boosting Russia’s strategic position, state-controlled giant Rosneft is investing in India’s…

Asian Productivity Organization (APO) Secretary-General Santhi Kanoktanaporn yesterday said the organisation would take up a myriad of technology-enabled initiatives to help member economies become more competitive and productive in the new digital economy era, reports UNB. The APO chief made the remark…

AFP, DUBAI: A modest recovery in oil prices falls short of filling budgetary gaps in crude-exporting Gulf countries, the International Monetary Fund said, stressing the need to cut spending. The price of the region’s main commodity has partially rebounded and is hovering around $50 per barrel…

AFP, TOKYO: Nissan chief Carlos Ghosn will become chairman of Mitsubishi Motors after Japan’s number two automaker announced a major investment…

AFP, SAN FRANCISCO: Yahoo’s quarterly profits shot up by more than double to $163 million even as it prepares for a takeover by Verizon. The faded internet pioneer skipped its usual quarterly earnings call with analysts due to the pending takeover by the US telecommunication company, for which…

AFP, LONDON: Britain’s jobless rate held at 4.9 per cent in the three months to the end of August, official data showed yesterday, signalling little impact thus far from the shock Brexit vote. The Office for National Statistics (ONS) said the June-August rate—a low for 11 years—matched…