Bangladesh and the Russian Federation yesterdau signed an agreement on the establishment of the intergovernmental commission on trade, economic, scientific and technical cooperation, reports UNB. The agreement has been signed with an aim to promote the development of broad-based cooperation in a variety…

Expatriates Welfare and Overseas Employment Minister Nurul Islam yesterday said the Malaysian government has decided to issue temporary work permits to undocumented workers, reports BSS. As part of the decision, around 3.5 lakh undocumented Bangladeshi workers would be legalised in Malaysia and get…

Pan Pacific Sonargaon Dhaka revealed its newly renovated pacific floors yesterday after completion of its refurbished works. After their long and  pending…

The commercial activities of second submarine cable will commence in the country from March.  “The commercial activities of the second submarine cable will start in the country after the inauguration by the Prime Minister Sheikh Hasina, State Minister for Posts and Telecommunications Tarana…

AFP, HONG KONG:  The dollar firmed in Asia yesterday after two top Federal Reserve officials suggested US interest rates could rise this month, while…

AFP, KUALA LUMPUR: Saudi Arabia said Tuesday its $7 billion investment in a giant Malaysian refinery would bolster a bid by state-owned energy firm Aramco to go public next year. The deal between Aramco, the national oil company of Saudi Arabia, and Malaysian state energy firm Petronas over the $27…

AFP, BEIJING: Chinese factory activity expanded in February, data showed yesterday, the latest sign of stability in the world’s number two economy. The figures come days before the country’s leadership meets for its rubber stamp parliament that will set its goals for the year, with an eye…

Stock markets plunged further yesterday mainly due to price fall in large-cap securities. All the indices at Dhaka and Chittagong stock exchanges closed…

AP, Bogor: Saudi Arabia pledged $1 billion in development finance for Indonesia and expanded cooperation in other areas, deepening ties with Southeast Asia's biggest economy as the Saudi king and a huge entourage arrived yesterday for a 9-day visit. Enthusiastic crowds lined the route of King Salman's…

AFP, GREATER NOIDA:  At a furniture store outside India’s capital, a salesman scans the manager’s ID and takes her fingerprint on a biometric…

Abu Dhabi Fund for Development (ADFD) dispatched a delegation to Bangladesh to review and study the current status of its two funded projects – the Sikalbaha Power Station and the South Asia Subregional Economic Cooperation (SASEC) Road Connectivity Project (SASEC), says a press release. Having…

AFP, BEIJING: China said yesterday it will cut 500,000 jobs in the steel and coal industries this year as it continues to trim excess capacity in the smokestack sectors amid a slowing economy. Minister of Human Resources Yin Weimin, in announcing the cuts at a press conference in Beijing, said the laid-off…

AFP, BRUSSELS: The European Union is planning a special summit for April 6 if Britain triggers its exit from the bloc as expected this month, EU sources said. National leaders would meet in Brussels on that date to set formal guidelines for the two-year negotiation process for Brexit, said the sources…

AFP, SYDNEY:   Australia’s economy rebounded strongly in the December quarter, growing 1.1 per cent to dodge a technical recession on the back of buoyant exports, government investment and household spending, data showed yesterday. The stellar bounce back followed a shock contraction of 0.5…