Revised broadband policy gets delayed

The draft of revised broadband policy has not been formulated yet, although the telecom regulator was supposed to prepare it by mid-October of last year.…

Two new LPG plants to set up in Ctg

The government has taken initiative of establishing two LPG storages and bottling plants in Chittagong to meet up the increasing demand of LPG in household. Earlier, the government took the initiatives of establishing two LPG storages and bottling plants in Mongla and Tangail but those initiatives…

Sector-wise trade unions in industries on cards

State Minister for Labour and Employment M Mujibul Huq yestyerday said the government is considering formation of sector-wise trade unions in industrial units, reports BSS. Denmark will give technical assistance regarding this, he said speaking at a press briefing after a meeting with Danish Ambassador…

New network to ensure quality of medical products in region

A new regulatory network of countries of WHO's south-east Asia region is expected to bring a major change in the improvement of quality of medical…

National income tax day to be observed today

National Income Tax Day-2016 will be observed today across the country with a renewed call for creating awareness among the people for payment of income tax regularly, reports BSS. National Board of Revenue (NBR) has chalked out elaborate programmes in observance of the day. A colourful rally will be…

No plan to block free calling apps: BTRC

Bangladesh Telecommuni-cation Regulatory Commission (BTRC) yesterdayy said it has no plan to block or restrict the free calling and social communication apps like viber, imo, whatsapp, skype etc in the country, reports BSS. "Besides, the government didn't issue any directive to the telecom…

JS body suggests cash incentive for leather industry

Export of leather products including shoes would be $6 billion by 2021 if 16.5 per cent cash incentive is given, reports BSS. The parliamentary standing committee on ministry of commerce yesterday apprised of the export target at its 18th meeting held at Jatiya Sangsad Bhaban with the committee…

Samsung Electronics eyes separation in reform plan

AFP, SEOUL: Samsung Electronics said yesterday it was considering splitting the company into two as it faces growing pressure to overhaul its governance…

Make your dreams come true

Fair & Lovely Foundation has always encouraged women to chase their dreams and supported them in their pursuits. On that mission, Fair and Lovely…

The many ways lasers help us see the world more clearly

Think of lasers and what springs to mind? Ming the Merciless and his death ray in Flash Gordon? The planet-destroying Death Star in the Star Wars films?…

China puts brakes on overseas spending spree

AFP, BEIJING: Beijing is tightening screening on Chinese companies’ overseas investments, according to the government and reports, after a record-setting shopping spree raised concerns of capital flight and reckless spending. Authorities will “combine facilitating foreign investment with…

Stocks mixed on higher transaction

Stocks performed mixed yesterday with major indices finishing flat despite increasing the daily transactions, which rose at the market that prevented price indices from sharp decline, reports BSS. The daily transaction at the two markets rose considerably. The trade value at Dhaka Stock Exchange (DSE)…

Lego opens first Asian factory in China

Xinhua, SHANGHAI: The first Asian plant of the Lego Group, located in Jiaxing City of east China's Zhejiang Province, has started operations. The factory, covering over 160,000 square meters, officially opened last Friday after a year of trial operations. It has some 1,200 employees and…

Trump, Brexit causing economic uncertainty: ECB chief

AFP, BRUSSELS: Geopolitical events including the election of Donald Trump and Britain's Brexit vote are the main reasons for the current economic uncertainty, European Central Bank chief Mario Draghi told EU parliamentarians Monday. "Looking at the recent events, it is quite clear that geopolitical…

Abdur Rob new MD of House Building Corp

Dider Md Abdur Rob has recently been promoted to the post of managing director of Bangladesh House Building Finance Corporation (BHBFC), a press…

Oil 'heebie-jeebies' as prospects of OPEC deal dim

AFP, VIENNA: Oil prices dipped yesterday as expectations dimmed of an OPEC agreement to reduce the cartel's gushing of crude into the massively saturated global market by around a million barrels per day. Prices were also hit as non-OPEC Russia confirmed it would not send a delegation to the…

Saudi king to visit Kuwait as hopes rise on oilfield

AFP, KUWAIT CITY: Saudi King Salman is to visit Kuwait next week as hopes rise in the emirate of a resumption of production from a jointly run oilfield after a two-year shutdown. The king will travel to Kuwait on December 8 after a Gulf summit in Bahrain and stay for three days, Al-Jarida…