Industries Minister Amir Hossain Amu yesterday  underscored the need for expanding the labour-intensive small and medium industries instead of high-tech ones in the country's present context, reports UNB.  While addressing a function marking the inauguration of work on the building of…

Mongla Export Processing Zone (EPZ) of southern region would be the economic hub in the country, reports BSS. “Within a short time Mongla EPZ would be the main economic hub of the southern region, as Prime Minister Sheikh Hasina has changed the pace of living of this regions,” Executive…

HMD Global, the home of Nokia phones, announced that its first Nokia smartphone range – comprising of the Nokia 3, Nokia 5 and Nokia 6 – will be available to buy nationwide in Bangladesh alongside the Nokia 3310 from June. The announcement was made at a press conference held yesterday in…

A regional workshop on various aspects of strengthening, empowering and sustaining small scale fish farmers association in Asia was held in the capital recently. The workshop was jointly organized by Food and Agriculture Organization of the United Nations (UN-FAO) and Bangladesh Shrimp and Fish Foundation…

AFP,HONG KONG:  Most Asian markets rose yesterday following a positive lead from the US and Europe, while Shanghai recovered from early selling fuelled by Moody’s decision to cut China’s credit rating on worries about its growing debt mountain. The ratings agency said its downgrade…

Stocks maintained upward trend yesterday as the major indices of both Dhaka and Chittagong Stock Exchanges were found rising on higher activities of some…

AFP,BEIJING:  Moody’s yesterday slashed China’s credit rating for the first time in almost three decades citing concerns about the country’s rising debt and slowing growth, but Beijing rejected the downgrade as “inappropriate”. The move comes as China tries to clean…

AFP, MEXICO CITY: Canada and Mexico on Tuesday insisted that an overhaul of the North American Free Trade Agreement demanded by the United States must be negotiated in three-way talks and not bilaterally. The foreign ministers of the two countries discussed common ground ahead of the talks expected…

Duluma Ahmed, has been elected as the new vice-chairperson of Southeast Bank Limited, by the board of directors in its 514th meeting held in the capital…

Chairman of the Bangladesh Rural Electricity Board (BREB) Major General Moinuddin Ahmed has appointed 80 officials to ensure uninterrupted electricity supply during the holy month of Ramadan, says a press release.  He made the announcement through a video conference held at the Brig Gen Sabihuddin…

AFP, ABU DHABI: The renewable energy sector employed 9.8 million people worldwide in 2016, almost twice as many as in 2012, the Abu Dhabi-based International Renewable Energy Agency said yesterday. In its “Renewable Energy and Jobs - Annual Review 2017”, IRENA says the sector employed five…

Singer has introduced a special campaign ‘Singer Free Kingba Discount Eid Ananda Unbound’ ahead of the month of Ramadan and Eid-ul-Fitr. Under this campaign Singer is offering free gifts and exclusive discounts on refrigerator, LED TV, air conditioner, furniture and kitchen appliances for…

AFP, KUALA LUMPUR: Chinese auto giant Geely yesterday announced it was taking a 49.9 per cent stake in Malaysia’s troubled Proton as well as a 51 per cent share in British sports car brand Lotus. Proton’s parent DRB-HICOM said the deal would enable Southeast Asia’s first auto brand…