Citing the data of Bangladesh Bureau of Statistics, Industries Minister Amir Hossain Amu yesterday told Parliament that there are 727,233 cottage industries across the country, reports UNB. Besides, the number of micro industries is 104,007 while that of small industries 30,890, medium industries 2,991…

AFP, DUBAI: Gulf metropolis Dubai, on its never-ending quest to break records, announced the opening of the “world’s new tallest hotel” yesterday, pipping another towering landmark in the city for the title. The gleaming gold 75-storey Gevora Hotel stands 356 metres, or nearly a quarter…

The implementation rate as well as expenditure of the Annual Development Programme (ADP) during the July-January period of the current fiscal year has…

State Minister for Power and Energy Nasrul Hamid has said that issue of energy saving should be incorporated in the National Building Code to enforce a legal binding on the electricity consumers, reports UNB. “It’s almost impossible to ensure a responsible use of electricity until this has…

Commerce Minister Tofail Ahmed will attend a business seminar in Singapore today to promote trade and commerce between Bangladesh and Singapore, reports BSS.    To this end, he left here this noon for Singapore, said a ministry press release. Bangladesh Business Chamber, Singapore is organizing…

AFP,NEW YORK: Wall Street’s plunge this week has brought scrutiny to complex niche products to trade on volatility that market experts believe were poorly structured and exacerbated swings in stocks. Only days before markets began to go haywire, Barclays chief executive Jes Staley warned about…

AFP, LONDON: Prime Minister Theresa May and senior Cabinet ministers will set out “Britain’s road map to Brexit” in a series of keynote speeches over the coming weeks, Downing Street said yesterday. The addresses will culminate in a speech by May outlining the government’s ambitions…

After a bearish trend last week stocks bounced back strongly yesterday , the first day of the week, and DSEX, the major index of prime bourse Dhaka Stock…

AFP, PARIS: The world’s leading oil companies published a bumper crop in profits last year as rising crude prices helped turn their fortunes around,…

AFP, SAN FRANCISCO: Waymo and Uber announced an agreement Friday in the blockbuster federal lawsuit over allegedly stolen trade secrets from the former Google self-driving car project. The surprise agreement ends a trial between the two Silicon Valley rivals competing in a race to develop autono-mous…

XINHUA, BEIJING: Some 21.6 million companies were registered in the past five years in China, thanks to the government’s push for entrepreneurship and innovation to bolster growth. Since China introduced mass entrepreneurship and innovation policies in 2014, more than 4,200 new hackspace companies…

The board of directors of Islami Bank Bangladesh Limited (IBBL) has nominated Md Mahbub ul Alam as it new managing director (MD), said a press statement…

Mastercard announced the winner of its ‘Roman Holiday with Mastercard’ campaign which aimed to encourage cardholders to engage in more transactions in the capital yesterday, the company said in a press statement.        The grand prize, which was a complimentary…