Bangladesh has signed an agreement with Russia on repatriation of spent fuel of the Rooppur nuclear power plant project (RNPP), reports UNB. According to a statement of the Russian nuclear agency Rosatom, the governments of the Russian Federation and Bangladesh signed a collaboration agreement on Wednesday…

The Cabinet Purchase Committee on Wednesday approved 15 procurement proposals, including the import of 300,000 metric tonnes (mt) of rice, reports UNB. Of the approved import, 250,000 mt of Atap (sunned) rice will be procured from Cambodia under a government-to-government deal at a total cost of Tk…

Commerce minister Tofail Ahmed said Bangladesh will sign free trade agreement (FTA) with Sri Lanka within the current tenure of the present government, reports BSS. ”Terms of reference of a joint study have been finalised and preparations are going on in this regard,” he said after a bilateral…

Li Yong, director general (DG) of the United Nations Industrial Development Organisation (UNIDO), will be visiting Bangladesh from September 6 to 8 at the invitation of industries minister Amir Hossain Amu, reports BSS. He will lead a 4-member delegation during the three-day visit, said a media release…

AFP, HONG KONG: The dollar extended gains and most Asian equities advanced yesterday as strong US growth and jobs data helped traders move past North…

AFP, SAN FRANCISCO: Expedia chief Dara Khosrowshahi is credited with turning the company into a global travel services behemoth, winning admiration from employees on the journey. Uber is hoping he will steer the controversy-battered ride-sharing service along a similarly glorious route. The San Francisco-based…

AFP, PARIS: French President Emmanuel Macron’s government is set yesterday to unveil what is intended to be one of his signature economic reforms,…

AFP, WASHINGTON: The US economy grew at its fastest pace in more than two years in the second quarter, hitting President Donald Trump's goal for the first time since he took office, according to data released on Wednesday. Higher consumer spending and business investment prompted a sharp upward…

The broader price index of the Dhaka Stock Exchange (DSE) crossed 6,000-point mark for the first time as the daily trade volume rose at the end of the…

AFP, TOKYO: Toshiba said yesterday that three groups are vying for its memory chip business, as reports said Apple has jumped into the race with a consortium…

AFP, NEW DELHI: India collected nearly $14.5 billion from a new goods and services tax in its first month of operation, well beyond government estimates, according to official data. The government promised that the national tax, which replaced more than a dozen separate levies, would transform India's…

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has pleaded for one-year more time to shift its headquarters from Hatirjheel, reports BSS. “BGMEA needs one-year more time to relocate its Hatirjheel headquarters and recently we have filed a plea with the department concerned…

AFP, SHANGHAI: Flag carrier Air China said its first-half net profit grew only slightly as surging jet fuel costs cut into higher revenue earned from growing Chinese travel demand. The state-owned airline earned 3.92 billion yuan ($594 million) in the January to June period, up 3.3 per cent from 3.79…

AFP, TOKYO: Japan’s factory output turned down in July as manufacturers cut back on inventory stockpiles, government data showed yesterday. Industrial production slipped 0.8 per cent month-on-month after a revised 2.2 per cent rise in June, the Ministry of Trade and Industry said. The fall was…

AFP, FRANKFURT AM MAIN: Unemployment in Germany held at record lows in August, official data showed yesterday, as a general election looms in September where Chancellor Angela Merkel’s conservatives are widely expected to win. Joblessness in Europe’s largest economy stood at 5.7 per cent…