The foreign diplomats stationed in Dhaka have assured of working together with Bangladesh to face the challenges emerging from the Fourth Industrial Revolution (4IR) that encompasses the idea of ICT-led advancements leading to the revolutionary changes in the modern civilization, reports UNB. They gave…

Commerce Minister Tofail Ahmed yesterday said the government’s decision on importing 15 lakh tonnes of rice and 5 lakh tonnes of wheat during the current fiscal year will not affect the interest of the country’s farmers, reports BSS. The commerce minister made the assertion in the Jatiya…

Bangladesh Bank (BB) will give remittance award to the highest remittance senders and the highest remittance receiving institutions for encouraging Non Residence Bangladeshis (NRBs) to send money through legal channels, reports BSS. “We will give the ‘Bangladesh Bank Remittance Award-2016’…

Finance Minister Abul Maal Abdul Muhith yesterday placed the “Bank-Company (Amendment) Bill, 2017” in the Jatiya Sangsad with a view to bringing some changes in the process of nomination to the top positions of the bank and tenure of the directors reports BSS. As per the new amendment of…

Innovative access to national identity (NID) database of the Bangladesh Election Commi-ssion is needed to promote Digital Financial Services (DFS) to the excluded and marginalized groups of the country, said stakeholders at a Digital Finance Consultative Group (DFCG) dialogue in the capital yesterday,…

AFP, BEIJING:  Branches of China’s biggest banks have suspended financial transactions for North Koreans, employees told the news agency, suggesting…

AFP, FRANKFURT AM MAIN: Automakers descended on Frankfurt yesterday, ready to show off their latest innovations at the glitzy International Motor Show (IAA) even as the spectre of tough new environmental rules and a string of no-shows took some of the shine off the event. On the surface there is nothing…

AFP, SHANGHAI:  Feeling trapped in her “boring” life as a member of China’s modern workforce, “Yaorenmao” escapes online,…

AFP, HONG KONG: Tokyo led gains across Asian markets yesterday, tracking a record on Wall Street as the North Korea crisis eased and dealers breathed a sigh of relief that Hurricane Irma caused less damage to Florida than feared. The UN Security Council voted unanimously Monday to step up sanctions…

Stock markets performed mixed yesterday as major indices finished with downward trends despite increase in the daily transactions, reports BSS. The day’s…

British Prime Minister Theresa May has phoned US President Donald Trump over a threat to jobs at Bombardier in Belfast from a trade dispute, reports BBC. In 2016, Canadian firm Bombardier won an order to supply up to 125 C-Series passenger jets to US airline Delta. The wings for the C-Series are made…

XINHUA, SYDNEY: Although business conditions for the month of August have reached their highest level in Australia for nine years, consumer confidence has taken a dive, with unenthusiastic buyers the most pessimistic they’ve been in two years. Business Conditions rose 1 point in August, to hit…

Sonia Bashir Kabir, managing director of Microsoft Bangladesh, has been recognised by the United Nation for her role in women’s digital empowerment.…

Bangladesh Cotton Association has elected Mehdi Ali as its president and Pavel Hossain as its general secretary for the 2017-19 term, a press statement said. The other office bearers are Vice-Presidents -- Sk Md Samiul Islam, Mian Ahmed Kibria, A Matinsarker, MA Latif, Joint Secretaries-- Abdullah Al-Mahmood,…

AFP, LONDON: Britain’s annual inflation rate accelerated in August, mainly on rising prices for motor fuels and clothing, official data showed yesterday, sending the pound to a year-high versus the dollar. The Consumer Prices Index (CPI) 12-month rate jumped to 2.9 per cent in August compared…

Summit Corporation has appointed Syed AK Rahat Jaman Sohel as the executive director of Summit Corporation, the company said in a press statement.  He has been working with Summit since 2011. Prior to joining in the Summit Group, he was the senior vice president of Prime Bank Limited, a leading…