Vigo, an electronics home appliance brand of modern technology and attractive design, was launched at a program at Raowa convention hall in the capital yesterday. R N Paul, managing director of RFL, unveiled the new brand, said a press release. Customers will have the opportunity to buy Vigo brand TV,…

Speakers at a function yesterday said the renewable energy as well as energy sector required more investment to ensure energy security in the country, reports BSS. They said further investment in the energy sector was required to ensure energy for all people living poverty at rural areas of the country,…

AFP, GENEVA: Regular rail service through the world’s longest tunnel began yesterday, carrying passengers deep under the Swiss Alps from Zurich…

 The newly constructed 400-kV Bibiyana–Kaliakoir double-circuit power transmission line, built by the Power Grid Company Bangladesh Limited (PGCB), will go into operation from today. It will be the first 400-kV grid line in the country, said Masum-Al-Biruni, managing director of PGCB. Each…

Commerce Minister Tofail Ahmed yesterday said Palestine has sought economic support from Bangladesh alongside the exiting political cooperation, reports BSS. “Bangladesh has been backing Palestine regionally and internationally since long in favor of realizing rights of its people . . . now Palestine…

AFP, WASHINGTON: There is little room for doubt that the US Federal Reserve will raise the benchmark interest rate in the coming week for only the second…

AFP, KIEV: Ukraine’s central bank keeps trying to shut them down but they keep surviving: ‘zombie banks’ are roiling the impoverished country’s financial system through the help of allegedly crooked courts. The former Soviet republic—labelled the continent’s most…

AFP, BEIJING:  China’s battle for recognition as a market economy that would help it avoid penalties from key trade partners has been thwarted,…

Stocks were down at the week’s opening session yesterday after witnessing steady rally in the past two weeks, reports BSS. The price indices at…

LG IT Academy has started its journey aiming to facilitate the underprivileged children to have ICT education yesterday in JAAGO School at the capital’s Rayer Bazar area, says a press release.  The Academy aims at providing standard IT education to children and allow them to explore in enriched…

AFP, BEIJING:  China annou-nced Saturday that it was suspending coal imports from North Korea for three weeks, in line with the latest United Nations sanctions against the hermit state. “After the adoption of UN Security Council resolution 2321... China is suspending North Korean coal imports,”…

AFP, DOHA:  Qatar, the world’s largest liquified natural gas producer, announced on yesterday it is to merge state-owned Qatargas and RasGas to create a “truly unique global energy operator”. Saad Sherida al-Kaabi, president and chief executive of state-owned Qatar Petroleum,…

AFP, KUWAIT CITY: Kuwait’s Emir Sheikh Sabah al-Ahmad Al-Sabah opened the new parliament yesterday by declaring that a reduction in public spending is “inevitable” in the face of weak oil prices. The emir said the sharp drop in oil revenues has resulted in a huge budget deficit and…

Trade between the world’s two largest economies has shown signs of improvement as the US trade deficit with China, a long-term US concern, narrowed significantly in October, reports Xinhua. In October, US exports to China reached a three-year high of 13 billion US dollars, contributing to the…

AFP, TEHRAN: Iran Air finalised a contract to buy 80 planes from US firm Boeing, the official IRNA news agency said Sunday, as it seeks to renew its ageing fleet despite sanctions. IRNA reported that the contract was worth $16.6 billion (15.7 billion euros), in the first such deal since the 1979 Islamic…