The authorities of Bangladesh Textile Mills Corporation (BTMC) yesterday said they have no plan to sell the Ahmed Bawani Textile Mills, reports BSS. The textile mills have been rented out to conduct its operation. But, works have already been started to operate the mills under Public Private Partnership…

The country would be able to earn $37 billion from export sector this year which is $2.74 billion higher when compared to the last year, Commerce Minister Tofail Ahmed said yesterday. “Bangladesh earned $34.26 billion from exports last year and the figure would be more than $60 billion by 2021,”…

Law Minister Anisul Huq yesterday proposed that the International Labour Organisation (ILO) use Dhaka as its regional hub for training up judicial officers and lawyers, reports UNB. He made the proposal when a four-member ILO delegation, led by its Chief of Freedom of Association Branch of International…

Planning minister AHM Mustafa Kamal yesterday said 'One Stop Service Act, 2017' will be placed in the upcoming session of the Jatiya Sangsad (JS) to facilitate businesses in the country, reports BSS. "The government will do everything for the development of the country. If required we will…

AFP, LONDON: The dollar sank yesterday with a fresh crisis in the White House fuelling concerns that Donald Trump’s economy-boosting agenda could…

Financial inclusion has been increasingly recognised as an important instrument for increasing savings habit, alleviating poverty, improving household welfare, and promoting micro and small business activities. Despite of ample opportunity yet, nearly 40 per cent of the adults (15 years and above) in…

Stocks on the country’s prime bourse closed mixed yesterday as the DSEX, the benchmark index, dropped slightly while two other indices remained…

AFP, FRANKFURT: Volkswagen chief executive Matthias Mueller yesterday stood in the focus of an investigation into the world's largest carmaker's 'dieselgate' scandal for the first time, along with other key players at the firm. Mueller and others are suspected of knowingly delaying telling…

AFP, LONDON: Swiss food and drink giant Nestle yesterday lost its legal bid to register the shape of a four-finger Kit Kat chocolate bar as a trademark in Britain. The country's Court of Appeal ruled that the chocolate treat created in 1935 and marketed with the slogan "Have a Break, Have a…

China Telecom Global (CTG) has launched the first 100G terrestrial cable service between Asia and Europe, reports Telecom Asia.  The new 100G capability is strengthened by cross-border transmission systems via the China-Russia, China-Mongolia-Russia and China-Kazakhstan-Russia routes, and will…

More than 150 delegates from Chinese and Canadian governments, companies and research institutes gathered yesterday at a forum to discuss cooperation between the two countries on clean technology, reports Xinhua. The Pujiang Innovation Forum 2017 - Canada Forum, under the theme of “Forging an…

AFP, NEW YORK: Ford plans to cut 1,400 jobs in North America and Asia as part of a cost-cutting drive as the American auto boom shows signs of fatigue, the automaker said yesterday. The job cuts are expected to be voluntary through the use of early retirement and separation packages, a Ford spokesman…