Against the backdrop of dissatisfaction of mobile phone subscribers on quality of services, the telecom regulator has started monitoring the services…

NBR holds first ever conference for Deputy Commissioners of Taxes (DCT) at a conference yesterday promised to build a taxpayer friendly tax administration to create a business and investment sociable environment to ensure quality services and remove fear about tax among the people, reports BSS. National…

Asian Development Bank (ADB) is committed to extend their support for Bangladesh in energy, power sector and regional connectivity to ensure higher growth.  “We will support in energy, power, human resources, and regional connectivity for the next three years,” said visiting ADB Vice-President…

Investment proposals both from local and foreign entrepreneurs surged by 36.85 per cent during October-December quarter of 2016, according to the latest data of the Bangladesh Investment Development Authority (BIDA), reports BSS. During the three months, BIDA received proposals for investing a total…

AFP, WASHINGTON: New US claims for jobless benefits continued to fall at the start of February, hitting its lowest level in three months, the Labor Department reported yesterday. The result confirmed the improving health of the US labor market and followed resurgent job creation in January. In the week…

AFP, HONG KONG: Most Asian markets rose yesterday but traders remain cautious about the global outlook, with another record close on Wall Street providing…

AFP, LONDON: Oil prices held equity markets in their sway on Wednesday, with stocks perking up as prices for crude rebounded despite data showing abundant…

AFP, FRANKFURT AM MAIN: Germany’s latest record trade surplus announced yesterday may be a point of pride for some, but experts warn the imbalance…

AFP, TOKYO: Nissan said yesterday it is pressing ahead with plans for a new plant in Mexico, despite US President Donald Trump rapping rival Toyota over…

Stocks finished the week yesterday up with a recovery trend as the major price indices were found finishing upward with rising participation of investors…

AFP, WASHINGTON: IMF chief Christine Lagarde defended her organisation’s pessimistic outlook for the Greek economy, saying Wednesday the fund must…

AFP, TOKYO: A top Japanese company said yesterday it had dropped Mexico as a possible location for a new auto parts factory after Donald Trump rapped…

AFP, SINGAPORE: Singapore Airlines said yesterday it had ordered 39 Boeing passenger planes worth $13.8 billion as it seeks to expand its capacity in the face of growing competition.  The carrier said it had signed a letter of intent with the US manufacturer for 20 of its 777-9s and 19 of its 787-10s,…

AFP, BEIJING: Yum China, the operator of fast-food giants KFC, Pizza Hut and Taco Bell in the country, beat earnings expectations in its first report since spinning off from its US parent. The firm said operating profit for 2016 hit $640 million in China, up 31 per cent from 2015 when it was a unit…

AFP, SEOUL: The world’s biggest shipbuilder Hyundai Heavy Industries made its first annual profit for three years in 2016, it said yesterday, after cutting thousands of jobs in an industry wide slump. Net income came to 682 billion won ($595 million) last year, a turnaround from a loss of 1.36…

AFP, STOCKHOLM: Danish shipping and oil conglomerate A.P. Moller-Maersk registered a heavy loss in 2016 due to write-downs in its oil services division, the company said, as it announced the chairman would step down.  Maersk booked $2.7 billion (2.5 billion euros) of write-downs in the fourth quarter…