The government initiated a move to implement a Tk 2,868.17 crore pipeline project for transporting white petroleum from Chattogram to Dhaka and Chandpur in a fair and uninterrupted way, reports BSS. “The Planning Commission has received a draft project proposal to this end from the Energy and…

Speakers at seminar yesterday stressed the need for taking time-befitting work plans and implementing those for utilizing the huge potential of light engineering industry in the country, reports UNB. If investment in light engineering industries would increase, modern technologies could be introduced…

Donald Trump campaigned for election on a promise to make trade fairer for the US, and his push to do so has him fighting with some of America's oldest…

It is the rock that has fortified Australia’s recession-defying economy. Iron ore has helped to raise living standards in the country, supercharge…

Stocks opened the week upward yesterday as all indices on the country’s two bourses- the Dhaka Stock Exchange (DSE) and the Chattogram Stock Exchange…

OPEC and non-OPEC oil producers on Saturday agreed to jointly increase oil production, reports Xinhua from Vienna. The meeting between OPEC and non-OPEC oil producers including Russia decided to stick to 100 percent conformity of the oil production cap set in the meeting in 2016 in which the agreement…

Investments in projects and funds by the Asian Infrastructure Invest- ment Bank (AIIB) surpassed 4.2 billion U.S.  dollars in 2017, reports Xinhua from Beijing. The figure was a sharp increase from 1.7 billion U.S. dollars of investments a year earlier as the bank funded 23 approved projects in…

The local electronics and electrical appliances manufacturer Walton is exporting its produced international standard electrical fans like ceiling, table, wall and rechargeable fans to different countries, the company said in a press statement.  “We are exporting ‘Made in Bangladesh’…

Fortinet, the global leader in high-performance cyber security solutions, conducted its annual SAARC SAARC PartnerSYNC conference in Bangkok, Thailand and recognised top partners for their outstanding achievements in 2017, a press statement said. The conference was attended by 150 partners from five…

The number of active drilling rigs in the United States fell by seven this week to 1,052, but still 111 more than that this time last year, according to the weekly data collected by Baker Hughes released Friday, reports Xinhua from Houston. The Organization of the Petroleum Exporting Countries (OPEC)…