The Power Division is going to propose the setting up of seven power plants with a combined capacity of 787 MW at the meeting of the Cabinet Committee on Purchases tomorrow. The proposed high fuel oil (HFO)-based plants will be established in seven districts. According to documents available with The…

Bangladesh is for the first time on the brink of setting up nuclear power centre due to farsighted and time-befitting policy of the present government, said Science and Technology Minister Architect Yafesh Osman yesterday, reports BSS. "Bangladesh is now on the verge of establishing first nuclear…

The five-day-long 'Grand Fashion Festival-2017' got underway at Bangladesh Shilpakala Academy on Monday, reports UNB. Fashion Entrepreneurs Association of Bangladesh (FEAB) organised the festival marking the celebration of upcoming Bengali New Year - Pohela Boishakh with the aim to promote…

A five-day training programme commenced in Dhaka yesterday to establish a pool of 30 master trainers comprising officials of the Department of Labour (DoL) and Industrial Relations Institutes (IRI), a press statement said. The training focuses on workplace cooperation, with future sessions set to cover…

BLURB: The meeting between Trump and China’s Xi Jinping in Florida will be closely followed by traders concerned about the global outlook AFP, HONG…

Energy giant Ineos has struck a deal to acquire the Forties Pipeline System in the North Sea from BP for US$250m (£199m), reports BBC.  The…

AFP, BRUSSELS: Unemploy-ment in the eurozone fell in February to its lowest level since May 2009 as a hiring spree took hold despite uncertainty over Brexit, EU figures showed yesterday. The Eurostat statistics agency said the jobless rate in the 19-nation single currency area fell to 9.5 per cent,…

The broader price index of the Dhaka Stock Exchange (DSE) yesterday crossed the 5,700-point mark on the higher transactions of large-cap securities, reports…

AFP, TEL AVIV: Italy, Israel, Greece and Cyprus pledged yesterday to move ahead with the world's longest undersea gas pipeline from the eastern Mediterranean to southern Europe, with support from the European Union. If carried out as planned, the long-discussed $6.2 billion (5.8 billion euro) pipeline…

AFP, DUBAI: Emirates and Etihad airlines will tighten screening for passengers flying to Australia this week after the country imposed new requirements for enhanced explosives detection, the UAE companies said yesterday. Australia on Friday announced it would increase screening of passenger baggage…

AFP, BRUSSELS: Unemploy-ment in the eurozone fell in February to its lowest level since May 2009 as a hiring spree took hold despite uncertainty over Brexit, EU figures showed Monday. The Eurostat statistics agency said the jobless rate in the 19-nation single currency area fell to 9.5 per cent, with…

Mahmoodun Nabi Chow-dhury has joined ONE Bank Limited as deputy managing director and head of cor-porate asset marketing, the bank said in a press statement yesterday.  Prior to the joining, he was the head of corporate banking at BRAC Bank Limited.  He started his career as investment analyst…

The international travel fair -- Dhaka Travel Mart -- that concluded on Saturday witnessed more than 15,000 visitors and transaction worth over Tk 5 crore, says a press statement. Editor of the Bangladesh Monitor and Chairman of Dhaka Travel Mart Kazi Wahidul Alam disclosed this at the closing ceremony…

The gala event of the first ever ‘Clash Royale Grameen-phone Championship’, has been held on Sunday at GPHouse, a press statement said yesterday. The tournament commenced on February 23. A total of 12 participants competed for the championship at the event, at GP House, and Mohammad Arman…

LG has introduced new smart inverter technology microwave oven ‘NeoChef’ which will hit local market in the first week of this month, a press statement said. The microwave can reheat and defrost food, decreases cooking times and makes it easier than ever for users to prepare delicious, highly-nutritious…

AFP, WASHINGTON: Tesla sold more than 25,000 vehicles in the first quarter, a record that beat analysts’ forecasts, the electric carmaker said Sunday. The Palo Alto, California-based carmaker saw deliveries bounce back by 69 percent compared to a rough first quarter in 2016. Tesla produced 25,418…