State Minister for ICT Division Zunaid Ahmed Palak has reiterated government’s commitment to bring all the people of the country under internet facility by 2021, reports BSS. “Bangladesh has one million internet workers and currently, we are second in terms of supplying online labourers…

As wage hikes in China push away manufacturers, Japanese companies are on the hunt for cheaper production bases elsewhere in Asia. One country where they’re landing is Bangladesh, which offers them the lowest labour costs in the Asia-Pacific region, reports Bangkok Post. The number of Japanese…

The Japan International Cooperation Agency (JICA) will continue to assist Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) for promoting the plastic sector in Bangladesh, reports BSS. In this regard, BPGMEA and JICA signed a Memorandum of Understanding (MoU) at a programme held…

AFP, FRANKFURT AM MAIN: German heavy industry giant ThyssenKrupp and Indian group Tata agreed yesterday to merge their steel operations in Europe, sending…

AFP, HONG KONG:  Asian markets moved tentatively yesterday ahead of a Federal Reserve policy decision, while geopolitical issues returned after Donald…

Nabil Hossain was joining a new company as general manager (GM). The ‘handing over –taking over’ was arranged on the last day of the departing GM.  A reception event was also organised to welcome the new GM and also bid farewell to the old one.   Speeches were made highlighting…

Stock markets finished the fourth session of the week yesterday with downward trends due mainly to price fall in large-cap securities, reports BSS. The falling major sectors were engineering, tannery industries and bank.  A total of 170 securities of the large-cap group moved down due to lower…

AFP, PARIS: The rebound in global growth is not yet secure, the OECD warned yesterday, with weak investment by businesses and slow growth in trade and wages raising doubts whether the current momentum will be sustained. The Organisation for Economic Co-operation and Development left its forecast for…

AFP, RIYADH: Saudi Arabia’s sovereign wealth fund is set to create a $2.7 billion entertainment investment company, state media said yesterday, as the ultra-conservative kingdom opens up avenues for leisure. The country seeks to increase domestic spending on entertainment and launch hundreds of…

AFP, TIANJIN: Airbus yesterday inaugurated its first completion centre for large aircraft in China, a new asset for the European manufacturer in heated competition with American rival Boeing. China is one of the Western manufacturers’ key battlegrounds, with its travellers taking to the skies…

AFP, LONDON: British retail sales defied rising prices caused by Brexit to surge by a faster-than-expected 1.0 per cent in August, the Office for National Statistics said yesterday. The acceleration, up from a rise of 0.6 per cent in July, confounded analysts’ expectations for a slowdown in retail…

AFP, MOSCOW: B&N Bank, Russia's 12th biggest lender by assets, yesterday asked the central bank for a bailout, less than a month after another major Russian bank had to be rescued. "The owner of B&N Bank has asked the Bank of Russia to consider the possibility of a rescue of the bank,"…