A total of 56 entrepreneurs have been given CIP (commercially important persons) awards for 2015 for their outstanding contributions to their respective…

Planning Minister AHM Mustafa Kamal yesterday said the government has planned to set up BSCIC industrial estate near Special Economic Zones (SEZ) and Export Processing Zones (EPZ) for the expansion of small and medium enterprises, reports BSS. “We have planned to set up BSCIC industrial estate…

Centre for Policy Dialogue (CPD) has appointed Dr Fahmida Khatun, as the new Executive Director (ED). The decision was made at the 48th meeting of the…

AP, New York: Kraft Heinz is attempting to buy Unilever in a $143 billion deal that would join the US maker of cheeses and lunch meats with the European…

AFP, LERWICK: Strong winds and stormy seas have helped turn the Shetland Islands in the North Atlantic into a European renewable energy giant, producing more power than it knows what to do with. The tidal power underwater turbines that were completed last month are only the latest green energy project…

AFP, CAIRO: Tourists are slowly returning to Egypt, easing pressure on a key sector battered by years of turmoil and the 2015 bombing of a plane carrying…

AFP, KATHMANDU: The continuous whirl of hair dryers is a novel sound at the Blush Beauty Point parlour in Nepal’s capital Kathmandu, which until just five months ago had to close at regular intervals because of power cuts. Scheduled power cuts—known as load-shedding—have been a part…

Stock opened week mixed when major sectors were swing on unstable demand on the market, reports BSS. The broader price index at Dhaka Stock Exchange (DSE)…

AFP, BAGHDAD: Iraq’s proven oil reserves have increased by 10 billion barrels to 153 billion, Oil Minister Jabbar al-Luaibi announced yesterday in a statement. The country has the world’s fifth largest reserves behind Venezuela, Saudi Arabia, Canada and Iran. The ministry said in its statement…

Xinhua, BEIJING: As China’s central bank has shifted to a prudent and neutral monetary policy, it will likely be more careful in balancing its multiple…

UK's Vodafone and Aditya Birla group firm Idea Cellular are likely to finalise within a month the mega merger deal that will create India's largest…

AFP, ABU DHABI: The China National Petroleum Corporation yesterday secured an eight-per cent share in an onshore oil concession in Abu Dhabi in a deal worth $1.77 billion, the Emirati company said. The Chinese giant signed a deal with the Abu Dhabi National Oil Company for a stake in the Abu Dhabi Company…

AFP, RIYADH: A contractor was killed and three other workers were injured in a pipeline leak in Saudi Arabia, state-owned oil giant Aramco said yesterday. "Saudi Aramco regrets to inform the death of one contractor, and three other injuries involving one employee and two contractors," Aramco…

AFP, BERLIN: French automaker PSA has pledged to keep Opel plants in Germany running if a planned merger goes forward, and to refrain from layoffs until at least 2019, a newspaper report said Sunday. PSA, the parent company of France’s Peugeot, Citroen and DS, has confirmed it is interested in…