Bangladesh Bank (BB) has eased the process of issuing repayment guarantee for facilitating import of industrial raw materials, reports BSS. “To…

Bangladesh has achieved remarkable success in combating money laundering and terror financing, with improving its position by 28 points, according to a global index of a Switzerland-based organization, reports BSS. The Basel Anti-Money Laundering (AML) Index for 2017, developed by the Basel Institute…

A joint taskforce meeting is going to be held today at Kolkata in India to discuss the procedures for conducting a duel trial run of express courier shipments traveling by truck from Dhaka to Kolkata, reports BSS. The Business Initiative Leading Development (BUILD) along with the Confederation of Indian…

Chittagong City Corporation (CCC) has taken up initiatives to elevate Chittagong Shah Amanat International Airport road to four lanes, reports BSS. “The 8.3 kilometres road from Cement Crossing to Butterfly Park alongside the River Karnaphuli would be upgraded into four lanes”, Chittagong…

AFP, LONDON: British goods placed on the market before Brexit should be sold in EU countries under current conditions even after the UK leaves the bloc, the British government said yesterday. The government also emphasised that current negotiations about the divorce are "inextricably" linked…

AFP, MOSCOW: Russia's state-controlled oil giant Rosneft announced yesterday it had closed a deal with India's Essar Oil that is the single largest foreign investment in India and is strategically important for Russia. Announced in October 2016 as oil prices plunged, the deal values at $12.9…

AFP, WASHINGTON: US business economists worry about the prospects for President Donald Trump's policy agenda, and the potential damage to the economy…

AFP, JAIPUR: Vishnu Kumar had barely reached adulthood when he lost his limbs in a freak electrical accident, seemingly condemning him to the life of penury endured by millions of amputees in India. A year later, the 22-year-old is preparing to walk again with the aide of a "Jaipur Foot" --…

AFP, KABUL: Ceramics, carpentry, calligraphy and gem cutting: centuries of Afghan craftmanship honed on the ancient Silk Road are being preserved in Kabul,…

AFP, ANFEH, Lebanon: At 93, Elias al-Najjar has spent half a century harvesting salt by hand from ponds on Lebanon's Mediterranean shore, but he and his colleagues fear their way of life is dying. Traditional coastal salt production was once popular in Lebanon, but the fully artisanal practice now…

Stocks saw upward trend yesterday as major indices of both Dhaka and Chittagong Stock Exchanges were found rising trend with higher activities of some…

AFP, PARIS: French oil giant Total said Monday that it would buy Maersk Oil, a unit of Danish shipping giant AP Moller-Maersk, for $7.45 billion (6.35…

XINHUA, PANAMA CITY: Britain plans to double financing for British companies trading with Panama and Colombia, Britain’s embassy in Panama said on Sunday. Britain’s Trade Secretary Liam Fox was expected to arrive in the Central American country later in the day to announce the new incentive,…

AFP, NEW DELHI: McDonald’s said yesterday it is shutting 169 restaurants in India after a legal row with a local franchise operator. The fast food chain’s Indian subsidiary said it was terminating its agreement with Connaught Plaza Restaurant Ltd (CPRL), alleging breach of contract and payment…

XINHUA, YANGON: Myanmar sold out almost all available pearl lots on auction over the last three days at a pearl sale which ended at the Myanmar Gems Museum late on Sunday, Myanmar News Agency reported yesterday.This year’s state-owned pearl stock was sold out for a total revenue of about 3 million…

AFP, BEIJING: China’s Great Wall Motor signalled yesterday its intention to make an ambitious acquisition deal with Italian-American car maker Fiat Chrysler Automobiles following a report that it wants to buy the Jeep brand. An agreement would be a major coup for the Chinese auto industry, though…

AFP, LAGOS: Royal Dutch Shell has raised an alarm over the continuing siege at a Nigerian facility by protesters, saying they could be putting their safety at risk. Hundreds of protesters from the Kula and Belema communities in Nigeria's restless southern Rivers state have occupied the plant since…