Finance minister AMA Muhith on Wednesday noted that stability has already been imparted to the capital market and its base has been established, which are positive signs for taking the market forward. The minister was speaking at a programme—‘Seminar on Bangladesh Capital Market: Present…

Commerce Minister Tofail Ahmed said the government has set US$ 5 billion export target of leather and leather goods by 2021, reports BSS. “The government…

The Appellate Division of the Supreme Court (SC) has directed the Bangladesh Telecommunication Regulation Commission (BTRC) to restore mobile operator Citycell’s spectrum without delay. However, the apex court has also asked Citycell to pay its dues of Tk 100 crore to the BTRC by November 19.…

AFP, NEW YORK: The New York Times Co. saw profits evaporate in the third quarter due to one-time costs and a steep drop in print advertising revenues, results showed Wednesday. The prestigious US daily publisher reported a profit of $406,000 -- down 96 per cent from the $9.4 million profit in the same…

AFP, HONG KONG: Asian stocks struggled again yesterday, with uncertainty over next week’s presidential election sending investors rushing for the…

AFP, SHANGHAI:  China and Russia will invest up to $20 billion to develop a long-haul wide-bodied jet, reports yesterday and a company statement…

AFP, CAIRO: Egypt floated the country’s pound yesterday as part of a raft of reforms, after a dollar crunch and exorbitant black market trade threatened…

AFP, BEIJING: Chinese e-commerce giant Alibaba’s sales soared 55 per cent in the last quarter, thanks in part to a more than doubling of revenue…

The United Nations will provide $1.2 billion for Bangladesh for the next four years to help achieve SDGs. An agreement to this effect was signed between Bangladesh government and UN in the capital yesterday. The agreement, known as the United Nations Development Assistance Framework (UNDAF) 2017 - 2020,…

AFP, PARIS: A French prosecutor has called for British banking giant HSBC to stand trial for enabling French clients to hide more than 180 billion euros from the taxman, a source close to the probe said yesterday. The recommendation also names the former chief executive of the bank’s Swiss private…

Bangladesh has been elected as a member of Postal Operation Council (POC) of Universal Postal Union (UPU), reports BSS. Bangladesh has been elected as one of the members from Asia-Oceania group of the POC through a tough competition, the Ministry of Posts and Telecommunications sources said. The election…

The fifth edition of Bangladesh Denim Expo, a local initiative to show the strength of Bangladesh Denim industry, is going to open its curtain on November 8, reports UNB. The two-day expo will be inaugurated at 11.00 am on the day at the International Convention City, Bashundhara in the city. Over 5000…

AFP, SAN FRANCISCO: Facebook on Wednesday delivered another blockbuster earnings performance, showing solid growth in mobile ad revenues as the social network expands into new services. While Facebook topped Wall Street expectations in the quarter, shares dove more than eight percent to $116.54 after…

AFP, BRUSSELS: Unemploy-ment in the eurozone held steady at 10 per cent in September, official data showed yesterday, as the recovery in the European jobs market continued to haltingly improve. The rate fell in with analyst forecasts as the eurozone continues a painfully slow recovery after unemployment…