The implementation rate of the Annual Development Programme (ADP) during the July-August period of the current fiscal year fared better than the last fiscal year’s as it reached 5.15 per cent with an expenditure of Tk 8457 crore. The ADP implementation rate during the July-August period of the…

Banks are gradually expanding agent banking activates across the country as these banking services are gaining huge response from the people in remote areas, reports BSS. According to Bangladesh Bank (BB) quarterly data April to June, the number of agents has increased to 1,847 from 1,755 in the first…

South Korea’s leading conglomerate SK Group has planned to go for a joint venture with Bangladesh’s TK Group for setting up a petrochemical refinery, Liquefied Petroleum Gas (LPG) terminal and a power plant in Maheshkhali Economic Zone-3 in Cox’s Bazar, reports BSS. Super Petrochemical…

Bangladesh will receive a total of Tk 3,069.75 crore from China for implementation of two projects in ICT and telecommunication sectors, reports BSS. Kazi Shofiqul Azam, Secretary of Economic Relations Division (ERD), and Ma Mingqiang, Chinese ambassador in Bangladesh, signed two “Framework Agreements”…

The major price indices of Dhaka Stock Exchange (DSE) reached a new high yesterday on higher activities of some large cap securities, reports BSS. DSEX…

AFP, WASHINGTON:  US Commerce Secretary Wilbur Ross on Friday reiterated the threat of leaving the North American Free Trade Agreement if the outcome of the ongoing negotiations with Mexico and Ottawa does not satisfy Washington. “The president has made clear that if they don’t work,…

China, the world's biggest car market, plans to ban the production and sale of diesel and petrol cars and vans, reports BBC. The country's vice industry minister said it had started "relevant research" but that it had not yet decided when the ban would come into force. "Those…

AFP, BEIJING:  China’s factory price inflation, a key barometer of the industrial sector, accelerated sharply in August, reflecting strong demand and a reduction in excess capacity which has plagued China’s economy. The producer price index (PPI), which measures costs for goods at the…

An international Green Architecture Conference (ICGRA) was held for the first time in the capital, says a press release. The conference was held recently at the BUET auditorium organised by the Bangladesh University of Engineering and Technology (BUET), Sustainable and Renewable Energy Development  …

AFP, CARACAS: Venezuelan President Nicolas Maduro announced Friday his government will sell oil and other commodities in currencies other than the dollar, in a bid to weather US-imposed sanctions on the embattled country. “I have decided to start selling oil, gas, gold and all other products that…

Banglalink, one of the leading mobile phone operators in Bangladesh, has launched PROpaid, a postpaid product, with two exclusive postpaid packages for subscribers, the company said in a press statement yesterday. PROpaid comes in Tk 333 and Tk 555 bundles to simplify both career and lifestyle needs,…

Containerised trade among BRICS nations saw  robust growth in the first half of this year, according to the world’s  largest container shipping company Maersk Line, reports Xinhua. Demand has improved as most of the world’s major economies started to recover this year, and the…

Coca-Cola Bangladesh is set to launch the highly anticipated ‘Coke Zero and Sprite Zero’, in Bangladesh, the company said in a press statement yesterday. Coke Zero is a non-sugar variant, featuring the trademark Coca-Cola taste and Sprite Zero a non-sugar variant of the original Sprite Beverage.…