State-owned Power Development Board (PDB) yesterday signed a memorandum of understanding (MoU) with Narayanganj City Corporation (NCC) to utilize 500 metric tons of solid waste for generating electricity, reports UNB. The PDB will implement the power project at Jalkuri in Narayanganj. Addressing the…

Principal Coordinator on SDG Affairs at Prime Minister’s Office (PMO) Abul Kalam Azad yesterday said development works of readymade garment park in Mirersarai Export Processing Zone (MEPZ) would be started in December, reports BSS. The RMG Park on 500 acres of land in MEPZ would pave the way for…

Walton has started laptop export in the international market through signing a contract with a Nigerian company. Finance Minister AMA Muhith yesterday attended the contract signing ceremony as the chief guest at Finance Ministry in the city, said a press statement. Posts, Telecommuni-cations and Information…

State Minister for Labour and Employment Mujibul Haque Chunnu yesterday said minimum wages for the RMG workers will be announced before the next general election, reports BSS. The state minister said this while addressing a function at a convention hall in the capital, a handout said. Manusher Jonno…

Energy firms in Asia rose yesterday on the back of a rush into oil after data indicated a jump in US demand, but regional markets struggled to maintain early upward momentum before a crucial Federal Reserve policy meeting later in the day, reports AFP from Hong Kong. Comments from new Fed boss Jerome…

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

The EU will unveil proposals for a digital tax on US tech giants yesterday, bringing yet more turmoil to Facebook after revelations over misused data of 50 million users shocked the world, reports AFP from Brussels. The special tax is the latest measure by the 28-nation European Union to rein in Silicon…

Malaysia’s consumer price index (CPI) rose 1.4 per cent annually in February as fuel prices fell, said the country’s statistics department yesterday, reports Xinhua from Kuala Lumpur. Its chief statistician Mohd Uzir Mahidin said in a statement, the inflation in February was mainly driven…

Facebook expressed outrage Tuesday over the misuse of its data as Cambridge Analytica, the British firm at the centre of a major scandal rocking the social media giant, suspended its chief executive, reports AFP from London. The move to suspend CEO Alexander Nix came as recordings emerged in which he…

The board of directors of United Commercial Bank (UCB) has recommended 10 per cent cash dividend for the year ended on December 31, 2017. The final approval…