A leather village will be set up at Mirsarai Economic Zone (EZ) in Chittagong to regain the lost heritage of leather industry in the region, reports BSS. Feasibility study on establishing the leather village will begin very soon. Bangladesh Economic Zones Authority (BEZA) is establishing the Mirsarai…

State Minister for Textiles and Jute Mirza Azam yesterday called upon the officials and employees of the ministry and stakeholders to work with utmost sincerity to make the textile sector more skilled and capable for competing with the world market, reports BSS. He said this while exchanging views with…

Bangladesh Bank (BB) will announce its Monetary Policy Statement (MPS) for the first half of the financial year 2017-18 (FY18) on July 26, reports BSS. “BB Governor Fazle Kabir will unveil the MPS for the first half of FY18 in the morning of July 26,” BB’s chief spokesperson Subhankar…

AFP, HONG KONG: Most Asian markets rose yesterday following another record close on Wall Street, while Shanghai stocks pared steep early losses thanks…

The proportion of foreign landlords owning property in the UK has fallen to a new low, according to the country’s largest letting agent, reports…

AFP, WASHINGTON: Three months after US President Donald Trump hosted a lavish welcome for his Chinese counterpart Xi Jinping at his Florida resort, the…

AFP, LONDON: British airline EasyJet yesterday said that its chief executive Carolyn McCall will step down at the end of the year to become head of television channel ITV. “After seven years, the opportunity from ITV felt like the right one to take,” McCall said in a company statement of…

After showing upward trends in the previous two sessions, stock markets returned to red zone yesterday as issues across both Dhaka and Chittagong stock…

AFP, SHANGHAI: China plans to squeeze high-flying billionaire Wang Jianlin's conglomerate Wanda by cutting off new loans and regulatory approvals for deals, reports said Monday, punishing it for breaching Chinese restrictions on overseas investments. The regulatory retaliation marks a major setback…

IPDC Finance Limited yesterday signed an agreement with Bangladesh Bank under "Refinance Scheme for setting up Agro-based Industries in Rural Areas" at the central bank office, reports UNB. Under this new scheme rural agro based industry will experience convenient formal financing service…

Export of products from Indonesia was recorded at 11.64 billion US dollars in June, the national statistics bureau announced in Jakarta yesterday, reports Xinhua. That compares with 12.92 billion US dollars shipment of the products overseas in June of last year. The cumulative exports by June grew 14.04…

AFP, WASHINGTON: A growing share of US employers are struggling to hire new workers and some have raised wages as a result, according to a survey released yesterday. The National Association of Business Economists said its quarterly survey showed members were a little less sanguine about the prospects…

Xinhua, HANOI: Vietnam’s Viettel, VNPT and MobiFone reported considerable revenues and profits in the first half of this year, and the military-run Viettel is expanding its services abroad, the Vietnam Telecommunications Authority said on Monday. In the first six-month period, the Vietnam Posts…