Epson targets to achieve 52 per cent market share from 40 per cent in Bangladesh Samba Moorthy, vice president, sales and marketing, Epson India made the remark at the launching of its WF-R8591 WorkForce Pro RIPS printer at a hotel in the capital yesterday.  Epson officials expressed that…

The World Bank (WB) yesterday approved a USD 300 million financial aid to give local governments at the grassroots level discretionary funds that would enable communities to decide and implement local development priorities. Based on the success of two earlier projects, the Local Governance Support…

Grameenphone Chief Executive Officer (CEO) Petter Furberg yesterday said the private mobile phone operator earned Tk 114.9 billion revenue in 2016, some 9.6 per cent more than the previous year, reports UNB. GP Chief Executive Officer (CEO) Petter Furberg came up with the information at a city hotel…

AFP, NEW DELHI: India’s finance minister pledged to raise spending on the rural poor and halved the basic rate of income tax in his annual budget…

AFP, HONG KONG:  The dollar yesterday recovered from a hefty sell-off that came after Donald Trump and one of his key economic advisers hit out at other nations using their weaker currencies to gain a trade advantage. The outbursts are the latest from the unpredictable administration that has spooked…

AFP, SAN FRANCISCO:  Apple yesterday reported a rebound in iPhone sales to lift the tech giant to record revenue in the past quarter in quarterly results that eased concerns of slowing growth. The results showed strong demand for Apple’s iPhone 7 models launched last year, with demand outpacing…

AFP, PARIS: It is a utopian idea, literally, but is enjoying a renaissance as politicians and policy wonks grapple with technology-driven changes that…

Stocks were slightly up today with a trend of recovery as the major indices were found finishing upwards with marginal rise of large-cap securities, reports…

AFP, RIYADH:  Europe hopes to restart dormant free trade talks with Gulf states partly in response to the “worrisome” rise of protectionism from the new American government, a European Commission vice-president said yesterday. “We would like to restart FTA negotiations with GCC,”…

AFP, SAN FRANCISCO: Online retail colossus Amazon yesterday said it will strengthen its distribution muscle, and create US jobs, by building its first air freight hub, an investment of nearly $1.5 billion. A hub for the company’s growing fleet of Prime Air cargo planes will be built at an airport…

Dr Engr Md Monzurul Haque has been given the current charge of Chairman of Bangladesh Atomic Energy Commission (BAEC) by the Govt, says a press release. …

Nihad Kabir, president of Metropolitan Chamber of Commerce and Industry, has  taken over as the Chairman of the Trustee Board of Business Initiative…

Microsoft Bangladesh is initiating coding for local school children to teach students the basics of computer programming. As a part of ¬this initiative, Microsoft Bangladesh will organize a two-hour workshop titled ‘Coding for Kids’ on Friday at Bangabandhu Interna-tional Conference…

AFP, TOKYO:  Japan’s Toshiba is set to dramatically reduce its nuclear operations and stop building new atomic power plants after suffering billion of dollars of losses on US projects, a report said. The engineering conglomerate, a once proud pillar of corporate Japan, is undergoing major…