Commerce Minister Tofail Ahmed yesterday said the government has imported onion on priority basis from Egypt to keep its supply stable in the domestic…

Civil Aviation and Tourism Minister Rashed Khan Menon yesterday said Bangladesh is now on the global tourism map with its growing presence though it could not successfully attract the international tourists in a significant way in the past, reports UNB. “If we can invest properly, the tourism…

State-owned mobile operator Teletalk Bangladesh Limited will provide all sorts of technological supports to the Bangladesh Chemical Industries Corporation (BCIC) to ensure transparency in fertilizer management, reports BSS. In this regard, a corporate memorandum of understanding (MoU) was signed yesterday…

AFP, JIUZHAIGOU: Tourism may prove one of the bigger casualties from a strong earthquake that struck a region of southwestern China whose natural beauty…

AFP, HONG KONG: Asian equities headed back into the red yesterday afternoon, wiping out a nascent recovery in the morning as spiralling tensions over North Korea lingered for a second day. Markets had taken heart from reassuring words from the US Secretary of State Rex Tillerson seeking to play down…

AFP, IDLIB: On a bustling street in northwest Syria, young restaurateur Abdulrahim Abulezz serves up juicy chicken wraps crafted according to a traditional…

AFP, TOKYO: Toshiba dodged a delisting from Japan's premier stock exchange as it posted long-delayed financial results yesterday, but it lost some $8.8 billion in its last fiscal year over a sea of red ink at its US nuclear unit Westinghouse Electric. The troubled conglomerate still faces a court…

Stocks ended the week yesterday mixed with rising trend of major price indices at Dhaka and Chittagong Stock Exchanges despite lower transactions, reports…

AFP, PARIS: Crude oil production by OPEC members increased slightly in July, including Saudi Arabia, which had championed efforts by the oil cartel and allies to extend an output freeze. Output from the 14 cartel members hit 32.87 million barrels per day (mbd) in July according to secondary sources,…

AFP, COLOMBO: Sri Lanka's foreign minister resigned yesterday after being linked to a controversial financial trader under investigation for allegedly causing millions of dollars of losses to the island's coffers. Ravi Karunanayake, 54, stepped down from the cabinet amid questioning over his…

Biman Bangladesh Airlines has declared a seasonal offer by reducing its fare on domestic routes from August 8 to 20, reports BSS. Biman offers minimum Tk 2,300 one-way on Dhaka-Sylhet-Dhaka and Dhaka-Rajshahi-Dhaka, Tk 2,500 on Dhaka-Chittagong-Dhaka and Tk 2,700 on Dhaka-Syedpur-Dhaka and Dhaka-Barisal-Dhaka…

AFP, MUMBAI: The unmistakable chatter of typewriters outside courthouses and government offices will soon fall silent in India’s financial capital Mumbai as stenography colleges on Friday hold their final manual exams. The roughly 3,500 institutes teaching the antiquated ways of the typewriter…

AFP, FRANKFURT AM MAIN: German travel group TUI confirmed a bright outlook for its full financial year yesterday as summer bookings lifted the mood following a net loss in the first half. TUI, whose business year runs from October to September, reported a net profit of 47.7 million euros ($56 million)…

Kamrul Islam has been promoted to the post of executive director of Finance and Business Develop-ment of GPH Group, the company said in a press release yesterday. Prior to the appointment, Kamrul was the senior general manager and chief financial officer of GPH Ispat Limited. He also participated in…

AFP, ZURICH: Mining and commodities giant Glencore said yesterday it had bounced back into profit in the first half of the year and the long-term outlook was good as the widespread adoption of electric vehicles would boost demand for raw materials. Net profit at the Switzerland-based company came in…

AFP, LONDON: US card payment processing giant Vantiv has agreed to buy British peer Worldpay for £9.3 billion ($12.1 billion, 10.3 billion euros), the pair said Wednesday. The vast deal creates a leading international e-commerce payments provider that processes $1.5 trillion in payments and 40…