The Executive Committee of the National Economic Council (ECNEC) yesterday approved five projects to develop district highways in Chittagong, Rajshahi, Khulna, Rangpur and Sylhet zones spending an estimated cost of Tk 3,368 crore, reports UNB. The approval came at the weekly ECNEC meeting held at the…

Bangladesh has ranked 73 out of 100 nations in the global cyber security index measured by UK-based National Cyber Security Index (NCSI), reports UNB. The NCSI put the countries in the ranking after measuring their preparedness to prevent fundamental cyber threats and readiness to manage cyber incidents,…

The government is going to import some 77,000 metric tonnes (578,420 barrels) of diesel from India through railway wagons to meet the domestic demand of petroleum for a period from May to December in 2018, reports UNB. According to official sources at the Energy Division, the state-owned Bangladesh…

Both the stock markets were down further yesterday due to mainly price fall in large-cap securities despite higher transactions. The major falling sectors…

The government is implementing a project, worth Tk1,923 crore, to develop the navigability of 24 river routes in the first phase, out of 53 rivers, reports BSS. “To this end, the government is implementing different long-term, mid-term and short-term projects under the shipping ministry,”…

The order to shut the Sterlite smelter will cut India’s production by about half, spurring imports as industrialisation and increased consumption of cars and appliances fan demand, reports Hindustan Times. India faces a copper supply shock after the Tamil Nadu government ordered billionaire Anil…

Akij Group, one of the leading private sector conglomerates in the country, has taken over two Malaysian companies in a transaction involving $77 million, the first cross-border acquisition by a Bangladeshi company.    Akij Group has availed a financing facility from the German Development…

Growth in lending to eurozone firms and households paused in April, official data showed yesterday, complicating the picture for the European Central Bank as it weighs ending its economic stimulus, reports AFP from Frankfurt Am Maim. Adjusted for some purely financial transactions, growth in borrowing…

A truckers’ strike paralyzing fuel, goods and food deliveries across Brazil entered an eighth day Monday, despite unpopular President Michel Temer’s decision to cave in to the drivers’ key demand for lower diesel costs, reports AFP from Rio De Janeiro. More than 550 road blockages…