Global technology company Lenovo has become a household name and a business partner in many areas. The company has grown enormously since the acquisition…

The Cabinet Committee on Economic Affairs yesterday approved a proposal of Civil Aviation and Tourism Ministry to allow Biman Bangladesh Airlines to procure three aircraft from a Canadian firm for its smooth flight operations on domestic and international routes, reports UNB. The committee also approved…

The implementation rate of the Annual Development Programme (ADP) during the July-November period of the current fiscal year fared better as it reached 20.11 per cent with an expenditure of Tk 32,997 crore, reports BSS. The ADP implementation rate during the July-November period of the last fiscal year…

The 20th International Conference on Computer and Information Technology (ICCIT) 2017 will begin at University of Asia Pacific (UAP) Plaza in the capital on Friday (December 22), reports BSS. UAP Computer Science and Engineering (CSE) Department is organising the conference to provide the best opportunity…

Biman Bangladesh Airlines, the national flag carrier, made profits in the third consecutive fiscal as it registered a gross profit of Tk 151 crore in fiscal 2016-17 (FY17), reports BSS. After clearing default tax, the net profit stood at Tk 47 crore, said a Biman press release yesterday. According to…

AFP, BEIJING: China ended a major economic meeting yesterday, vowing to boost imports, open its markets and clean up noxious pollution. The pledges were made at the annual Central Economic Work Conference, at which leaders review past policy and plan for the upcoming year. The results of the three-day…

AFP, WASHINGTON: US trade officials are expected to confirm massive tariffs on Bombardier planes Tuesday in a case that has inflamed relations between Washington and Ottawa. The trade dispute stems from a complaint by US aerospace giant Boeing against its Canadian rival that found a receptive ear in…

Stock markets closed the fourth session of the week yesterday with downward trends due mainly to price fall in large-cap securities, reports BSS. The…

AFP, ZURICH: Total economic losses from natural and man-made disasters have soared by 63 per cent to strike an estimated $306 billion in 2017, reinsurance firm Swiss Re said yesterday. “The US was hardest hit, including by hurricanes Harvey, Irma and Maria, which have made 2017 the second costliest…

AFP, BEIJING: When life gave one Chinese company giant panda poop, it decided to make paper—and profits. The Qianwei Fengsheng Paper Company in southwest Sichuan province has teamed up with the China Conservation and Research Center for the Giant Panda to recycle the animal’s faeces and…

Rajshahi Krishi Unnayan Bank (RAKUB) has recovered outstanding loans worth Tk 179 crore, including classified loan of Tk 29 crore, through its Bijoy Mela (Victory Fair), reports BSS. The bank arranged the two-day fair in all its 378 branches during December 17-18 last marking the 47th Victory Day. Apart…

Industries Minister Amir Hossain Amu will leave Dhaka today for Kolkata to inaugurate the 30th “Industrial India Trade Fair (IITF) at Park Sarkars on Friday, reports BSS. The Bangle National Chamber of Commerce and Industry (BNCCI) will organise the fair aiming to expand trade and business in…

Insurance Development and Regulatory Authority (IDRA) has recently approved the appointment of Aminur Rahman as chief executive officer (CEO) of Sikder…

Mohammad Fakrul Alam has joined Janata Bank Limited as deputy managing director (DMD) on Tuesday, the bank said in a press release. Prior to that, he…

Lafargeholcim Foundation for Sustainable Construction has recently awarded a project on the new 'floating' campus of Brac University in Bangladesh…

AFP, KARACHI: The World Bank has granted Pakistan a $825 million loan to upgrade the energy and public finance sectors in a country which has long struggled with chronic power shortages and poor fiscal management. Just over half the loan, $425 million, would be used to modernise the national grid, the…