Banglalink, the second largest mobile phone operator in Bangladesh, is willing to invest $1 billion over the next 3 years,” said Jean-Yves Charlier,…

Commerce Minister Tofail Ahmed proposed constitution of Joint Economic Commission (JEC) or signing of a trade cooperation deal for boosting further the trade and economic cooperation between Britain and Bangladesh in the post Brexit period, reports BSS. Terming the United Kingdom (UK) as an important…

The first consignment of rice laden ship carrying 20,000 tonnes of rice imported from Vietnam arrived yesterday at outer anchorage of Chittagong Port,…

Some 70 locomotives will be procured from Switzerland to improve Bangladesh Railway services, reports UNB. To import the locomotives, a Memorandum of Understanding (MoU) has almost been completed for signing by the two sides. Outgoing Ambassador of Switzerland to Bangladesh Christian Fotsch informed…

Sweden yesterday expressed its interest to work together with Bangladesh in prospective areas, particularly in energy sector, reports UNB. Outgoing Swedish Ambassador to Bangladesh Johan Frisell came up with the offer when he paid a farewell call on Prime Minister Sheikh Hasina at her office. After…

The major price index of Dhaka Stock Exchange (DSE) ended the week with a new high on higher activities of large cap securities, reports BSS. DSEX finished…

AFP, PHNOM PENH: Cambodia has outlawed sand exports from a coastal region where it has been primarily funnelled in huge quantities to Singapore, a move met with scepticism from activists who said previous bans on the destructive industry had failed to take root. Environmental groups have long accused…

AFP, PARIS: Global demand for oil will be slightly higher than expected this year, driven by increased consumption in India, the US and Germany, the International Energy Agency (IEA) predicted yesterday. “Estimates of global oil product demand growth in 2017 have been revised up...to 1.4 million…

AFP, PARIS: The French government will appeal a court ruling that US internet giant Google is not liable for 1.12 billion euros ($1.27 billion) in taxes claimed by the state, Budget Minister Gerald Darmanin said yesterday. “We will appeal this ruling to safeguard the interests of the state,”…

Three-day long four international trade shows on building and construction, lighting and led, wood and woodworking technology began at the International Convention City, Bashundhara in the capital, says a press release yesterday. Nasrul Hamid, state minister for Ministry of Power, Energy and Mineral…

Rakesh Sharma, president of international business of Bajaj Auto Ltd, along with other officials of the company, visited the manufacturing plant of Runner Automobiles Ltd at Bhaluka, Mymensingh on Wednesday, a press statement said yesterday. Recently, Bajaj Auto Ltd and Runner Automobiles Ltd management…

AFP, BEIJING: Growth in Chinese exports and imports outstripped expectations in June, official data showed yesterday, but analysts warned the pick up could be temporary. The world’s second-largest economy is expected to lose momentum in the second half as Beijing clamps down on free-wheeling credit…

AFP, FRANKFURT AM MAIN: German luxury automaker Daimler manipulated the engines of around one million diesel vehicles to make them appear less polluting, local media reported yesterday, raising echoes of competitor Volkswagen’s ‘dieselgate’ scandal. “The Stuttgart-based firm…

AFP, SEOUL: The United States formally declared yesterday it wants to renegotiate its free trade agreement with South Korea, as the world's biggest…

AFP, SHANGHAI: Apple has unveiled plans to build a data centre in China to store its local iCloud customers' personal details, marking the first such…

AFP, WASHINGTON: Federal Reserve Chair Janet Yellen said on Wednesday that even as the US economy grows stronger and employment expands, she foresees…

AFP, HONG KONG: Asian markets mostly surged yesterday, extending a global rally that saw another record on Wall Street after the head of the Federal Reserve indicated it would take a gradual approach to raising US interest rates. In closely watched testimony to Congress, Janet Yellen said the central…