The Executive Committee of the National Economic Council (ECNEC) approved nine development projects at a cost of Tk 8874.16 crore including Water Supply Improvement and Sanitation (WSIS) project. The approval came at the ECNEC meeting with its Chairperson and Prime Minister Sheikh Hasina in the…

Runner Automobiles Limited is set to enter into the international market this month as it will start exporting motorcycles to Nepal, reports BSS.  "Runner has already been appointed as a distributor in Nepal, and would start exporting Bangladesh-manufactured Runner motorcycles to Nepal by…

State Minister for Labour and Employment M Mujibul Huq yesterday said the garment workers will get up to Tk 5 lakh as compensation for workplace accidents from the current month of January, reports BSS. "If any worker dies from a workplace accident, his or her family members will get Tk 5 crore…

The Saudi Arabian Mining Company (Ma’aden) signed a phosphate fertilizer supply contract with Bangladesh Agricultural Development Corporation (BADC) in the presence of Golam Moshi, Bangladesh Ambassador to Saudi Arabia, reports Saudi Gazette. The contract stipulates that Ma’aden will supply…

With the transaction of over 51 crore shares, the daily trade volume at the Dhaka Stock Exchange (DSE) surged to a new high yesterday, taking the trade…

AFP, SAN FRANCISCO: Yahoo confirmed on Monday that chief executive Marissa Mayer will quit the company's board after its merger with Verizon. Mayer is expected to remain with Yahoo's core business, which is being bought by the US telecom titan. Yahoo is selling its internet operations as a way…

AFP, SHANGHAI: Chinese e-commerce titan Alibaba will take control of domestic department store Intime through a $2.6 billion privatisation scheme, the companies said Tuesday, sending shares of the mall operator surging. Alibaba, and Intime founder Shen Guojun have together offered to pay HK$10 per share…

AFP, TOKYO: Japan's top pharmaceutical company Takeda said it is buying a US cancer drugmaker for $5.2 billion, as its top executive left the door open to more overseas acquisitions. Takeda is paying $24 a share for Ariad Pharmaceuticals, a premium of about 75 per cent over Ariad's closing…

Samsung Electronics announ-ced the winners of the photography contest “This is Bangladesh”, the company said in a press statement yesterday.   Each winner will receive a 32” Samsung TV as reward of their creativities.  The purpose of the competition was to portray Bangla-desh…

AFP, MONTREAL: Honda will invest Can$492 ($372 million) in its Alliston factory north of Toronto, with financial support from the federal government and province of Ontario, Economic Development Minister Navdeep Bains said on Monday. The governments of Canada and Ontario will each contribute Can$41.8…

AFP, LONDON: Snap Inc, which runs the camera messaging application Snapchat, said yestreday it had chosen London as its international headquarters, praising the UK's creative industries. It comes after Facebook, Google and Apple last year announced major investments in London, underlining the capital's…

AFP, HONG KONG:  Asian energy firms retreated yesterday after a plunge in oil prices, while the pound’s troubles mounted on worries about…

AFP, BEIJING:  China's producer prices rose at their swiftest pace in more than five years in December, the government said yesterday, in a sign…

AFP, DETROIT:  With rising profits and record sales, the US auto market is a tempting target for many foreign car makers, but new entrants face many…

In Today’s business climate, workplace celebrations range from monthly birthday parties, wedding’s, children’s accomplishments to rewards…