Entrepreneurs embarking on start-ups in Bangladesh face several problems, including those of access to finance and guidance, speakers at an event said yesterday.  “We should provide support to new entrepreneurs who want to start up to achieve the target of Bangladesh becoming a middle-income…

The government of Bangladesh yesterday signed a $300 million financing agreement with the World Bank to strengthen local governments through establishing national budget transfers for all 4,550 Union Parishads, the lowest tier of local government, and  mainstreaming the annual financial audits…

For the first time in history, the country observed the ‘National Jute Day’ yesterday with an objective to revive the past glory of the golden…

The stock markets in both Dhaka and Chittagong ended yesterday with a trend of recovery as the major indices were found finishing upwards with marginal…

Ahmed yesterday said there will be no gas crisis in the country after the completion of the construction work of the floating LNG terminal in deep-sea by 2018, reports BSS. “Construction of the LNG (Liquefied Natural Gas) terminal will be completed by 2018 and natural gas will be imported…

Fund managers Aberdeen Asset Management and Standard Life have agreed terms for an all-share merger, reports BBC. The move will create one of the UK’s largest fund managers, overseeing assets worth £660bn. The two companies employ about 9,000 people. The companies said the deal…

AFP, TOKOROZAWA: They may look good enough to eat, but Japan's mouthwatering food replicas are only for show as restaurateurs compete for the attention…

AFP, PARIS:  French carmaker PSA yesterday announced the acquisition of General Motors’ European subsidiary, which includes the Opel and Vauxhall…

AFP, HONG KONG:  Stocks in Tokyo fell yesterday and the safe-haven yen advanced after North Korea fired four missiles—three of them landing…

Swedish Ambassador in Dhaka Johan Frisell has said women must be given the same opportunities and rights so that they can play their role in society and contribute to the national economy in a big way, reports UNB. "In Bangladesh, only one third of the women can work (formal sector). If you can…

AFP, ATHENS: Debt-laden Greece’s economy suffered a new blow, contracting by 1.2 per cent at the end of 2016, according to revised figures released yesterday, meaning it remained in recession for the eighth straight year. The figure by the national statistics agency Elstat compared with an earlier…

Nazmus Salehin has been appointed as independent director of Standard Bank Limited, the bank said in a statement yesterday.  The board of directors…

Google will host a conference on women related to technology in Dhaka tomorrow. In association with Information and Communi-cation division of government, Google’s Women Techmakers Bangladesh chapter organise the event at Bangladesh Computer Council Bhaban in Agargaon in the capital to share the…

AFP, LONDON: European stocks sank yesterday after Germany’s troubled Deutsche Bank unveiled plans over the weekend to raise 8.0 billion euros ($8.5 billion) in fresh capital. Sentiment also remained downbeat as investors took profits from last week’s surge, which was rooted on hopes of a…

AFP, BEIJING: German carmaker Volkswagen will recall nearly 680,000 premium Audi cars in China, according to the country's quality regulator, over defects in coolant pumps that could lead to engine fires. Blockages in the system "in extreme circumstances could cause a fire in the engine compartment",…