Uber, the world's largest on-demand ride-sharing company which is operating in Dhaka without valid permission, yesterday announced the integration…

Commerce Minister Tofail Ahmed yesterday laid emphasis on attaining efficiency in digital trade to keep up the country’s progress in the competitive world trade, reports BSS. “We have no scope to lag behind when the world trade is moving up adopting digital system,” said the minister…

Small grass root micro finance institutions (MFI) and non-government organisation (NGO) called on government to halt the process of further reduction of micro finance service charge, a press statement said. They said the service charge will threaten to the existence of 505 such organisations who constitute…

AFP, HONG KONG:  Asia markets started the month on a high yesterday, buoyed by strong earnings results and gathering optimism over the global economy,…

AFP, SEVILLE: Elvira Montadas pushes her neighbour in a wheelchair along a badly paved sidewalk, past crumbling buildings, in return for some pocket change.…

AFP, LONDON:  BP returned to profit in the second quarter on slashed charges linked to the Gulf of Mexico oil spill disaster and on firmer crude prices, the energy giant said yesterday. Net profit stood at $144 million (122 million euros) in the three months to June 30 compared with a loss after…

Bangladesh Bank has recently announced the Monetary Policy Statement (MPS) for the first half of the financial Year 2017-2018 with the aim of controlling the inflation and lowering the credit growth. Monetary policy is generally defined as the process by which the monetary authority (ideally central…

Stocks maintained upward trend yesterday as major indices of both Dhaka and Chittagong stock exchanges were found finishing upward with higher transactions…

AFP, DOHA: Qatar has filed a complaint with the World Trade Organization over an "illegal siege" imposed by its Gulf neighbours, the commerce ministry said on Monday. The gas-rich emirate has been slapped with sanctions and demands after four countries including regional kingpin Saudi Arabia…

AFP, KUALA LUMPUR: Malaysia's scandal-hit state investment fund 1MDB has missed a payment to Abu Dhabi of over $600 million that it was supposed to make by the end of July to settle debts, the emirate's sovereign wealth fund said yesterday. 1MDB and its founder Malaysian Prime Minister Najib…

The board of directors of NCC Bank Ltd has elected Nurun Newaz Salim as chairman of the bank, the bank said in a press statement yesterday. Prior to the…

Mohammed Shawkat Jamil has been promoted to the position of the additional managing director of United Commercial Bank Limited (UCBL), the bank said in a press statement yesterday. Prior to that, he was serving the bank as deputy managing director. He started his career in UCBL as probationary officer…

AFP, TOKYO: Japanese electronics and entertainment giant Sony said yesterday profit nearly quadrupled in the three months to June, backed by brisk sales of smartphone components and cameras and solid revenue from its game business. Tokyo-based Sony posted a quarterly net profit of 80.87 billion yen…

AFP, RIYADH: Saudi Arabia yesterday announced the launch of a massive tourism project that will turn 50 islands and a string of sites on the Red Sea coast into luxury resorts. The plan is part of efforts to diversify the ultraconservative kingdom's oil-dependent economy following a slump in energy…

AFP, TOKYO: Japanese vehicle maker Honda yesterday said net profit for the second quarter rose by double digits boosted by strong motorcycle sales, revising up its full-year forecast. The Tokyo-based company said "solid sales of two-wheel vehicles in Asia and cost reduction efforts" contributed…