The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to repeal the licences of eight firms that are authorised to sell international…

The foreign aid flow to Bangladesh during the first five months (July-November) of the current fiscal year (FY18) continued its encouraging trend as it was $824.51 million higher than the corresponding period of the last fiscal year (FY17), reports BSS. According to the Economic Relations Division (ERD),…

Minister of State for Power, Energy and Mineral Resources Nasrul Hamid urged Japanese investors to invest more in Bangladesh’s power and energy sector, reports BSS. “Some five projects of the energy and mineral resources division and 11 projects in power sector are under implementation funded…

Chittagong Seaport has set a record by advancing 27 notches in container-handling in eight years, reports BSS. The Chittagong port ranked 71st position in 2016 among the 100 ports across the world, according to the Lloyds List survey report released recently. The rank of the port was 98 in 2008, said…

Venezuela has awarded licences to Russian energy giant Rosneft to develop two offshore gas fields, reports BBC. The deal allows its subsidiary, Grupo Rosneft, to export gas produced at the Patao and Mejillones fields in the Caribbean Sea for the next 30 years. Venezuelan authorities need to approve…

Stocks witnessed upward trends yesterday as major indices of both Dhaka and Chittagong Stock Exchanges rose up on higher transactions, reports BSS. The…

AFP, BEIJING: China opened a major economic planning  conference yesterday  as it tries to pivot away from its model of no-holds- barred growth. The annual Central Economic Work Conference gives leaders the opportunity  to review past policy and to plan for 2018. The pursuit of high growth…

Bitcoin has moved another step towards mainstream investing with the start of trading on the huge Chicago Mercantile Exchange financial futures market, reports BBC. It comes as the value of the digital currency approached $20,000 on Sunday, before drifting below $19,000. Last week, Chicago's CBOE…

Mohammed Mahtabur Rahman has been re-elected chairman of the board of directors of NRB Bank Limited for the next 3 years, the bank said in a press statement…

Chinese business delegation is keen to invest in API (Active Pharmaceutical Ingredients) and medical devices sector of Bangladesh. They held a meeting with Bangladesh Association of Pharmaceutical Industries (BAPI) held in the capital on Sunday. The delegation from China API Technology Union (CATU)…

AFP, TOKYO: Japan’s trade surplus fell sharply in November, the government said yesterday, as the rising cost of oil and smartphone imports outweighed strong exports of cars and steel. The world’s third-largest economy logged a surplus of 113.4 billion yen ($1.0 billion), a 22-per cent drop…