Aiming to focus on Bangla-desh’s skills, innovation and strength in IT and IT enabled services (ITES) in international arena, country’s largest private sector software showcasing begins in Dhaka today, reports BSS. The “BASIS SoftExpo 2017” is being organised by Bangladesh…

Subscribtion of dot (.) bangla domain will be open for private organisation and individual from today.   State-owned Bangladesh Telecommunications Company Limited (BTCL), the assigned organisation to handle the domain, will sell the domain on the basis of first come first serve. Any company or…

AFP, HONG KONG: Asian markets retreated again yesterday, with fears growing about the impact of Donald Trump’s presidency on the global economy as he faces a wave of criticism over his controversial immigration policy. Traders fled for the exits for a second day after the new US leader signed…

AFP, HONG KONG: Hong Kong flag carrier Cathay Pacific will switch to biofuels made from landfill rubbish on select long haul flights, reports said Tuesday, in an effort to cut harmful emissions. Cathay flights to Hong Kong from the US, where the new fuel is produced, will use a combination of conventional…

AFP, AL-JULAIA: Nostalgic for their Bedouin roots, Kuwaitis like Ahmad al-Shimmari are following in the footsteps of their desert-dwelling ancestors living…

Deutsche Bank has been fined $630m (£504m) by US and UK regulators in connection with a Russian money laundering plan, reports BBC. Under the scheme, clients illegally moved $10bn out of Russia via shares bought and sold through the bank’s Moscow, London and New York offices.  Authorities…

Stocks recovered yesterday after witnessing price correction across the board in the first two trading sessions of the week. All the market indicators…

AFP, NEW DELHI: India’s government acknowledged that its decision to pull high-value bank notes from circulation has caused pain in large parts of the economy as it lowered its growth forecast on the eve of the budget. Its annual economic survey concluded that the so-called demonetisation scheme…

Arastoo Khan, chairman of the Board of Directors of Islami Bank Bangladesh Limited, has been elected chairman of Islamic Banks Consultative Forum (IBCF), the bank said in a statement yesterday. AKM Nurul Fazal Bulbul, founder director of EXIM Bank Ltd, and Alhajj Abdus Samad, chairman of Board of Directors…

Export Promotion Bureau (EPB) will take part in consumer goods show at Frankfurt in Germany, a press statement said yesterday. Some 38 exhibitors from Bangladesh are going to showcase their products which include Artisan Ceramics Limited, AS Trading Company, Asix BD, Ask Handicrafts, BD Creation Limited. …

AFP, LONDON: Anglo-Dutch energy giant Royal Dutch Shell has agreed to sell a chunk of its North Sea assets to oil explorer Chrysaor for up to $3.8 billion (3.6 billion euros), it said yesterday. The deal, which will more than half Shell’s North Sea production, is part of a vast divestment plan…

AFP, RIYADH: Tax-free living will soon be a thing of the past for Saudis after cabinet on Monday approved an IMF-backed value-added tax to be imposed across the Gulf following an oil slump. Residents of the energy-rich region had long enjoyed a tax-free and heavily subsidised existence but the collapse…