Increasing skilled manpower in design and providing necessary apparel solutions to retailers can help the textile industry of Bangladesh to achieve its…

Customs Intelligence and Investigation Directorate (CIID) yesterday (Thursday) filed a case against SB Corporation for allegedly carrying Chinese electronics products which worth 70 lakh from Chittagong port in Chittagong under miss-declaration.  According to source, earlier this month an importer…

Industries Minister Amir Hossain Amu yesterday left here for India to join the inaugural session of the "29th Industrial India Trade Fair (IITF)" today at the Milan Mela Ground in Kolkata, India, reports BSS. The Bengal National Chamber of Commerce & Industry (BNCCI) is organising the…

Siam City Cement (Bangladesh) Limited yesterday launched its premium quality brand “INSEE” Cement in Bangladesh at an event held at a hotel…

Commerce Minister Tofail Ahmed yesterday said the government would provide cash incentives to IT exporters, reports BSS. "IT is one of the top priority sectors which is being encouraged to increase country's export earning," he said while inaugurating "Digital IT Fair-2016" as…

The major price index of Dhaka Stock Exchange (DSE) reached yesterday at about 24-month high which maintained record high like the last session of previous…

AFP, RIO DE JANEIRO: Brazil's state-controlled oil company Petrobras is selling stakes in two big offshore oilfields and two power plants to France's Total in a deal worth $2.2 billion, both companies announced Wednesday. The agreement comes under a previously announced Petrobras asset sale…

AFP, MUMBAI: Lawyers for Cyrus Mistry, the ousted ex-chairman of Indian conglomerate Tata, on Thursday fired the opening salvo of a legal case pitting their client against company patriarch Ratan Tata. Advocate Gopal Mukherjee told the first hearing of a companies disputes tribunal that Mistry had been…

AFP, HELSINKI: Nokia announced Wednesday it is suing Apple in German and US courts for patent infringement, claiming the US tech giant was using Nokia technology in "many" products without paying for it. Finnish Nokia, once the world's top mobile phone maker, said the two companies had…

Nearly 2,098 telephone lines of Bangladesh Telecommu-nications Company Limited (BTCL) in different areas in Uttara and Azampur were disconnected due to snatching of its primary cable, reports BSS. Both telephone and internet have been out of connection in Shamubag, Kanchkurar Chalaban, Dakkhinkhan bazaar,…

Mokhlesur Rahman has recently been promoted to the post of general manager of Janata Bank Limited, the bank said in a statement yesterday.  Prior to the position, he was serving in the same bank as deputy general manager.  Mokhlesur Rahman joined the bank as senior officer in 1984, the…

AFP, WASHINGTON: The United States on Wednesday put a division of the Chinese e-commerce giant Alibaba back on a blacklist of "notorious markets" known for selling counterfeit goods and violating intellectual property rights. The office of the United States Trade Representative (USTR), which…

AFP, BEIJING: China saw 66,000 workplace deaths in 2015 despite strengthened legislation, Chinese authorities said, highlighting often dangerous labour conditions in the world's second largest economy. The world's workshop also saw 282,000 workplace accidents in 2015, according to a report posted…

AFP, PARIS: A US-Canadian move to block new leases for oil or gas drilling in sovereign Arctic waters is designed to protect an area already severely…

AFP, SAN FRANCISCO:  Uber on Wednesday said it put the brakes on self-driving cars in California because state officials yanked registration for vehicles being used for a pilot program. Uber taking its autonomous cars off San Francisco streets ended a clash between the California Department of…

AFP, NAIROBI:  Volkswagen on Wednesday opened a new assembly plant in Kenya and launched plans for a ride-sharing service in Rwanda as it seeks to…

AFP, RIYADH: Saudi Arabia yesterday releases its first budget since announcing a wide-ranging economic reform plan after collapsed oil prices led to one…