Expatriates’ Welfare and Overseas Employment Minister Nurul Islam B.Sc. yesterday said action will be taken against the recruiting agencies involved in Visa trading with a view to reducing migration cost for Bangladeshi overseas job-seekers, reports UNB. If the visa trading is stopped completely,…

Bangladesh Bank (BB) yesterday signed separate agreements with six private banks to facilitate fund for long-term financing under the "Green Trans-formation…

Indain textile printing company Dhaval Color Chem (DCC) Print Vision LLP, has started its operation in Bangladesh, says a press release. The company has…

Ahsan Khan Chowdhury has been appointed as the new chairman and chief executive officer of Pran-RFL Group, the company said in a statement yesterday. …

Commerce Minister Tofail Ahmed yesterday said Bangladesh and Tunisia could increase bilateral trade volume through signing a free trade agreement (FTA), reports BSS. The minister passed the remarks while the non-resident Tunisian Ambassador to Bangladesh Adel Elarbi, who is stationed in Islamabad, yesterday…

The country is going to observe the National Jute Day for the first time from next year as part of the government’s continued efforts to revive the golden era of jute that had been the number one export earner until late seventies, reports BSS. “The National Jute Day has been fixed on March…

AFP, HONG KONG: Energy shares led a rally across Asian markets yesterday and oil built on the previous day’s near 10 per cent surge after OPEC hammered…

AFP, NEW YORK: The nominations of Steven Mnuchin and Wilbur Ross to the Trump cabinet Wednesday positions Wall Street to exert renewed influence over the US economy after retreating somewhat in the Obama years. Mnuchin, 53, President-elect Donald Trump’s pick to head the Treasury Department, spent…

AFP, RIYADH: In a Saudi economy where restraint is the buzzword, this week’s small-scale Riyadh Motor Show is a sign of the times. But following…

AFP, BEIJING: China has imposed an extra 10 per cent tax on ultra high-end cars costing over 1.3 million yuan ($190,000) such as Lamborghinis and Ferraris, the government said, the latest step in a wide crackdown on conspicuous luxury consumption.  Under President Xi Jinping the Communist Party…

The major price index of Dhaka Stock Exchange (DSE) reached at about 14-month high yesterday to finish a mixed week, reports BSS. DSEX closed at 4823.02 with adding nearly 32 points over the week.  Accordingly, the blue-chip DS30 ended over 18 points up at 1787.69 and the Shariah DSES about 15…

AFP, BRUSSELS: Unemployment in the eurozone has fallen below the symbolic mark of 10 per cent for the first time since April 2011, EU data showed on Thursday. The fall is a welcome boost to the European economy, which is muddling through a slow recovery from the eurozone debt crisis and faces new problems…

AFP, PARIS: ASEAN, the 10-state Association of Southeast Asian Nations, is a more open market for international trade than either the European Union or the United States, according to a World Economic Forum report released Wednesday. The WEF hailed the "increased integration into the global economy"…

AFP, HELSINKI: Nokia, once the world's top mobile phone maker, will make a comeback on the smartphone market in the first half of 2017, the company and its licensee said yesterday. Nokia, which is now a leading telecom equipment maker, has licenced its brand to HMD Global which is to launch its…

AFP, GAZA CITY, Palestinian Territories: Coca-Cola formally has opened its first factory in the Gaza Strip, the company announced Wednesday, in a move that could create hundreds of jobs in the beleaguered Palestinian enclave. The bottling facility had been partially open for several months but began…

AFP, BEIJING: China's factory activity grew at its fastest rate in more than two years in November, official data showed Thursday, as cheap credit and improving demand helped revive industry in the world's second-largest economy. The better-than-expected pick-up in the closely watched purchasing…

Zainul Haque Sikder, chairman of Sikder Group and National Bank Ltd, arranged special prayers on Wednesday over 400 mosques at Shariatpur for the Prime Minister Sheikh Hasina on her safe landing from the flight that found technical fault on its flying while going to Hungary.  Zainul Haque Sikder…