Palli Karma-Sahayak Foundation (PKSF), one of the country's leading development organisations, has received approval of $60 million funding from Green…

PRAN, a leading food processor in the country, bagged export orders worth $5 million at Germany’s Anuga Fair-2017, one of the largest food and beverage…

International Civil Aviation Organization (ICAO) has certified Bangladesh achieving 77.46 per cent effective implementation of aviation safety standard compliance, reports UNB. “It’s an extraordinary achievement for Bangladesh and for the first time in Bangladesh history,” said an…

AFP, WASHINGTON: For the first time in years the International Monetary Fund is optimistic about global economic growth. But it sees a new problem: mounting…

AFP, TOKYO: The head of Japan’s Kobe Steel warned yesterday that a quality control scandal engulfing his firm was likely to widen at home and abroad,…

AFP, KHOBAR: Hunched over platters of dates and Arabic coffee, Saudi women raring to drive once a government ban ends next June signed up for another…

AFP, SHANGHAI: The net worth of China’s ultra-rich surged this year with Evergrande real estate mogul Xu Jiayin’s $43 billion fortune catapulting him to the top, a survey released yesterday said. An all-time high 2,130 people made the annual ranking of China’s richest individuals compiled…

Stocks ended the week yesterday downward trend with falling of major indices at Dhaka and Chittagong stock exchanges, reports BSS. The broader DSEX of Dhaka Stock Exchange (DSE) closed the week with 137.90 points down at 6,064.41. The blue-chip DS30 and the Shariah DSES also followed the same trend…

Novoair, one of the leading private airlines of the country, has reduced ticket fare of 5 domestic routes -- Chitta-gong, Cox’s Bazar, Jessore, Saidpur and Sylhet, effective from October 12, a press statement said yesterday. The passengers can travel from Dhaka to Chittagong at a fare of Tk 2,500…

AFP, MOSCOW: Russia yesterday presented a new bank note that shows images of Crimea, the Ukrainian peninsula annexed by Moscow in 2014. The note worth 200 rubles ($3.50) shows a naval memorial in the city of Sevastopol, where Russia’s Black Sea fleet is based, and UNESCO-protected Greek and Roman…

edotco Group (“edotco”), one of the leading integrated telecommunications infrastructure service providers,  announced that the company received ‘2017 Asia Pacific Telecoms Tower Company of the Year Award’, a press statement said. This marks the first time a company has…

AFP, BERLIN: Germany’s biggest airline Lufthansa will buy up more than half of the aircraft of its bankrupt competitor Air Berlin, chief executive Carsten Spohr said yesterday. On a “great day” for the Frankfurt-based carrier, it will sign a contract to buy 81 of Air Berlin’s…

AFP, FRANKFURT AM MAIN: Berlin has no plans to sell its stake in Commerzbank, an anonymous government source told newspaper Die Welt yesterday, belying reports a merger could be on the cards for Germany’s second-biggest lender. “We are absolutely not planning to sell. The losses would be…