Export earnings from one of Bangladesh's key destinations, the USA, witnessed a slight 1.66 per cent growth during this first half (July-December) of the current fiscal (FY18) compared to the same period of the previous fiscal (FY17) due to the good performance of the RMG, reports BSS. Bangladesh…

Bangladesh Bank (BB) yesterday asked the scheduled banks to use Bangla in loan approval letters for implementing the objective of the "Bengali Language Introduction Act, 1987”, reports BSS. "All banks will have to use Bangla in loan approval letters for implementing the goal of the Bengali…

Shipping Minister Shahjahan Khan yesterday said steps will be taken to relocate the industries of eight divisional cities, including Dhaka, to 110 economic zones of the country, reports UNB. "Besides, directives will be given so that no industries are set up in the eight divisional cities,"…

Bangladesh Telecommunication Regulatory Commission (BTRC) will activate “100” as new short-code today replacing the existing one to hear complaints. “The new three-digit short-code '100' eased the operation of Complaints for Telecommunication Service (CTS) call centre,”…

AFP, THIEL-SUR-ACOLIN: In the peaceful French village of Thiel-sur-Acolin, retired farmer Marc Bernardet is ambivalent about having a Chinese billionaire for a neighbour. Over the past four years Hu Keqin has quietly snapped up 3,000 hectares of wheat fields in the central Indre and Allier regions,…

AFP, RIYADH: Inflation rates in Saudi Arabia soared in January after the government introduced a string of price hikes to boost non-oil revenues, authorities said yesterday. Rates rose three percent in January compared to the same period the previous year, the General Statistics Authority said in a…

Stock markets closed yesterday with downward trend due mainly to price fall in large-cap securities despite higher transactions, reports BSS. The falling…

AFP, NEW YORK: Berkshire Hathaway, the holding company of US billionaire investor Warren Buffett, received a stunning $29 billion last year from the US government, thanks to a new tax law that massively lowered corporate tax rates. In his much-anticipated annual letter to shareholders, Buffett explained…

AFP, BEIJING: Beijing has protested against Washington's decision to impose sanctions against Chinese companies accused of conducting illicit economic deals with North Korea, the foreign ministry said. US President Donald Trump on Friday announced measures targeting more than 50 North Korea-linked…

AFP, BERLIN: The European Central Bank warned yesterday that Latvia's third-largest lender ABLV was at risk of failing after freezing payments following money laundering allegations from Washington. "Due to the significant deterioration of its liquidity, the bank is likely unable to pay its…

Walton has set a target of selling out 1.8 million pieces of fridges in the current year, a press statement said. The target is about 27 per cent higher than the sales of fridges in the previous year. According to Walton authorities, both the demands and sales of fridges were gone up during the last…

AFP,  FRANKFURT AM MAIN:  Ger-man high-end carmaker BMW on Friday recalled thousands of diesel cars for a software update, after reports it had admitted to authorities they released more harmful emissions on the road than in the lab. BMW "noticed during internal testing that correctly…