The primary textile sector (PTS) in Bangladesh has made significant progress, with textile mills meeting around 80 to 85 per cent of the demand for knit…

Sailing on merger and data, mobile phone operator Robi has witnessed 5 per cent revenue growth in the fourth quarter (Q4) of last financial year ended…

Newly appointed Ambassador of Vietnam to Bangladesh Tran Van Khoa yesterday praised Bangladesh's achievements, particularly sustained economic growth and level of development that Bangladesh achieved under Prime Minister Sheikh Hasina's leadership, reports UNB. He particularly hailed Bangladesh's…

The electronic-filing (e-filing) system has started formally at the Ministry of Railway in the capital yesterday for making the administration faster, reports BSS. Railway Minister M Mujibul Haque inaugurated the programme at the ministry, saying that e-filing would bring dynamism into the administration…

AFP, ABU DHABI: The United Arab Emirates announced yesterday it signed contracts worth a total of more than $5 billion to purchase weaponry during its international arms fair in Abu Dhabi this week. The four-day International Defence Exhibition and Conference (IDEX), which kicked off Sunday, is one…

AFP, GENEVA: The first multilateral deal agreed at the World Trade Organization came into force on Wednesday, a step billed as a milestone for the body…

AFP, PARIS: PSA said yesterday its takeover of Opel would create a "European champion" in the auto industry, as the French carmaker pursued its acquisition plans armed with soaring fresh profit numbers. PSA, which owns the Peugeot and Citroen brands, said net profit for 2016 nearly doubled…

AFP, WASHINGTON: President Donald Trump has reportedly ordered a change to the US trade deficit calculations to bolster his argument against trade deals,…

AFP, SYDNEY: Australian casino operator Crown Resorts announced a sweeping restructuring  yesterday in a bid to rebound from a gambling crackdown…

Country’s twin bourses Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) finished week almost flat yesterday amid volatile trading.…

AFP, MUMBAI: Indian telecom giant Bharti Airtel will buy the local operations of Norway's Telenor, it saidyesterday, as the ultra-competitive mobile…

AFP, LONDON: British bank Barclays returned to profit in 2016 after slashing provisions set aside for legal and compensation costs linked to foreign exchange and insurance scandals, it said yesterday. Chief executive Jes Staley saluted the performance of core operations in the UK and abroad and said…

AFP, SYDNEY: Australian carrier Qantas Airways posted Thursday a 7.5 percent hit to first half earnings, impacted by lower fares, greater competition and empty seats. Underlying profit before tax fell to Aus$852 million (US$656 million) for the six months ending December 31, but just beat the airline's…

AFP, PARIS: European airplane maker Airbus said Wednesday that its profits nosedived last year as charges related to problems with its A400M military cargo transport plane sent earnings into a tailspin. Airbus said in a statement that its bottom-line net profit plummeted by 63 per cent to 995 million…

AFP, FRANKFURT AM MAIN: Germany notched up a surplus in its public finances of nearly 24 billion euros last year, its largest since reunification in 1990, official data showed yesterday. The country's federal, state and local governments together achieved an overall surplus of 23.7 billion euros…