Prime Minister Sheikh Hasina yesterday offered Singapore a 500-acre of land initially in a Special Economic Zone (SEZ) of Bangladesh to set up their businesses, especially agro- and food-processing industries, reports UNB. "Initially, we'll give you a 500-acre land in a Special Economic Zone,"…

In view of around 60 per cent settlement rate under the Alternative Dispute Regulation (ADR) process in six months from July to December 2017, the experts say banks should accelerate the ADR process for reducing the huge amount of is Non-Performing Loan (NPL), reports BSS. Under the ADR process, there…

Posts, Telecommunications and ICT Minister Mustafa Jabbar yesterday said the present government has taken several projects to make the technological use of Bangla time-befitting and easier, reports BSS. “We have sacrificed a lot for establishing the dignity of Bangla language. We have made the…

Sultan Ahmed Al Jaber, CEO of the Abu Dhabi National Oil Company (ADNOC), on Monday expressed his keenness on expanding and deepening energy cooperation with China, reports Xinhua. The CEO made the comment in an e-mailed statement sent by ADNOC, after he met with several Chinese oil, gas, refining and…

Labourers from now on can file application online for grant from Bangladesh Labour Welfare Foundation (BLWF) and the allowance, if given, will go directly to the mobile bank account of the applicants, reports BSS. “Till now we used to receive the written applications, scrutinize those and then…

Asian markets mostly rose yesterday following another strong lead from New York, as optimism about the US economy and the beginning of the earnings season…

After warning that Britain had “no clue” over its Brexit plans, Airbus’s boss has welcomed new proposals for the divorce and urged the EU to give them a fair hearing, reports AFP from London. The pan-European aviation giant employs nearly 15,000 people in Britain for the production…

Stocks witnessed upward trend yesterday as major indices of both Dhaka and Chittagong Stock Exchanges were found rising trend with higher activities of…

Confidence among investors in Germany plunged sharply in July, the ZEW economic institute said yesterday, reaching its lowest level since August 2012 over signs that a trade war was far from abating, reports AFP from Frankfurt Am Main. “Above all, fears of an escalation in the international trade…

The embattled Turkish lira on Monday lost 3.5 per cent in value against the US dollar after Turkish President Recep Tayyip Erdogan named his son-in-law Berat Albayrak as finance minister in a new government, reports AFP from Istanbul. The appointment of finance minister had been keenly awaited by markets,…

China’s factory price inflation rose in June, the government said yesterday, as a trade war threatens producers in both of the world’s top two economies, reports AFP from Beijing. The producer price index (PPI) rose 4.7 per cent year-on-year, according to the National Bureau of Statistics…

British Prime Minister Theresa May chairs a meeting of her new-look cabinet yesterday as she clings to power following the resignation of her foreign…

Syed Mansur Mustafa has recently been promoted to deputy managing director (DMD) of IFIC Bank Limited, the bank said in a press statement. Prior to this…

Singapore investment giant Temasek Holdings said yesterday the value of its global portfolio reached a record high last year but will temper investments this year owing to brewing trade and geopolitical tensions, reports AFP from Singapore. Net global holdings expanded to Sg$308 billion ($235 billion)…

Twitter shares tumbled Monday on concerns the social media’s efforts to crack down on fake accounts would affect its user base, and potentially its finances, reports AFP from New York. At 1810 GMT, shares of the social media company were down 6.0 percent at $43.89 after earlier shedding almost…