Eicher Polaris, which manufactures and markets personal utility vehicle ‘Multix’, will begin exporting the product to Nepal and Bangladesh this month, reports the Hindu Business Line.  Following the rising demand for Multix since its launch in June 2015, the company is increasing its…

Poor connectivity is hindering the growth of the country’s tourism industry. Though this problem has been a matter of long-standing discussions,…

Foreign exchange reserves hit a record $33.49 billion at the end of June, fuelled by remittances from Bangladeshis working abroad a head of Eid-ul-Fitr, Bangladesh Bank said yesterday. The reserves are sufficient to cover about 10 months' worth of imports, and are $3.45 billion higher than a year…

Bangladesh Economic Zones Authority (BEZA) will award pre-qualification license to Kishoreganj Economic Zone, a concern of Nitol-Niloy Group, today at a simple ceremony at the Pan Pacific Sonargaon Hotel in the capital, reports BSS. Prime Minister's Office Principle Coordinator of SDG Affairs M…

AFP, NEW DELHI:  India has vowed that a new nationwide tax will revolutionise the economy by bringing more businesses into the digital system to…

AFP, ATHENS: The International Monetary Fund, a key creditor in Greece’s bailout, will not participate in any further rescues of the debt-wracked…

AFP, NEW YORK: After buying big American brands like Apple, Pepsi and Yahoo!, activist shareholders - investors in search of big dividends - now are setting…

AFP, TOKYO: The European Union’s top trade official said Saturday that a Japan-EU free trade deal was “almost there”, as the two sides look to ink an agreement seen as a push back against rising protectionism. EU Trade Commissioner Cecilia Malmstrom was in Tokyo with agriculture commissioner…

Stocks performed mixed in the first session of the fiscal 2017-18 yesterday with major indices finishing flat despite increases in the daily transactions,…

AFP, LONDON: Britain said yesterday it is to withdraw from a 50-year-old agreement allowing some foreign countries to fish close to the UK coastline, fulfilling a key Brexit pledge. The deal pre-dates Britain's EU membership and would therefore still have applied after the UK completes its divorce…

AFP, BEIJING: China will allow foreign investors direct access to its massive bond market from Monday, the Chinese central bank said. A platform allowing one-way "northbound" investments from Hong Kong into the Chinese bond market will go into "experimental operation" on July 3,…

AFP, CAIRO: Hisham Gaber had been preparing his wedding for months, but started to have second thoughts as inflation in Egypt rocketed due to government austerity measures, including sharp increases in fuel prices. "Marriage and handling the additional burdens in these conditions have become an…

AFP, SEOUL: Samsung Electronics said yesterday it would start selling a refurbished version of its Galaxy Note 7 smartphone this week after an embarrassing recall over exploding batteries rocked the tech giant last year. The recall of millions of Galaxy Note 7 devices cost the world's largest smartphone…

AFP, TEHRAN: French energy giant Total is to sign a $4.8 billion agreement to develop an Iranian offshore gas field, the oil ministry said yesterday, in the biggest foreign deal since sanctions were eased. "The international agreement for the development of phase 11 of South Pars will be signed…

AFP, TAIPEI: Apple opened its first store in Taiwan on Saturday with more than a thousand shoppers flocking to the site located in the island's landmark skyscraper and tallest building, Taipei 101. The launch comes just weeks after the US tech giant unveiled a Singapore branch -- its first…