The 3rd international Small and Medium Enterprises (SME) fair-2018, under the auspices of Chattogram Chamber of Commerce and Industries (CCCI), kicks off in the city tomorrow. Federation of Bangladesh Chamber of Commerce and Industries President Shafiul Alam Mohiuddin will attend the inaugural function…

The government of Kazakhstan is willing to offer trade and business opportunities for Bangladeshi business people, ambassador of Kazakhstan to Bangladesh…

Dhaka Power Distribution Company Ltd (DPDC) yesterday signed a contract with an Australian firm to conduct a feasibility study in the area under its jurisdiction to replace overhead power cables with underground ones. As per the deal, Energytron will do the job at a contract value of Tk 22.54 crore…

Grameenphone (GP), the country’s largest mobile service provider, has introduced the country’s first IoT-based digital livestock management solution Digi Cow for livestock farmers at Masco Dairy Enterprise in Purbachal. The solution will help farmers digitally monitor livestock health to…

World markets slumped Thursday as the arrest of a top executive at Chinese telecoms giant Huawei raised doubts over the recent trade truce agreed by US President Donald Trump and Chinese counterpart Xi Jinping. Oil prices meanwhile sank ahead of the latest OPEC output decision, with Trump pushing the…

China and Portugal pledged Wednesday to jointly push forward the construction of the Belt and Road to strengthen Asia-Europe connectivity and boost global trade. The consensus was reached during a meeting between visiting Chinese President Xi Jinping and Portuguese Prime Minister Antonio Costa. After…

British ministers are halting a "gold-plated" visa scheme offering foreign investors a fast-track to settling in the UK, as part of a crackdown on financial crime. Tier 1 investor visas were introduced in 2008 to encourage rich people from outside the EU to invest in the UK. A £2m investment…

OPEC members and other oil-producing countries mulled cuts in output yesterday to prop up plunging prices, defying repeated calls by US President Donald Trump that they keep the taps open. "We're looking for a sufficient cut to balance the market, equally distributed between countries,"…

The minimum wage for the apparel workers across the country announced by the government will be effective from this month, said an official release in Dhaka yesterday. “The government has raised the minimum monthly wage for 4.4 million garment workers by around 51 percent to Tk 8,000 from the…

Unique Hotel &Resorts Limited shareholders have approved a 22 per cent cash dividend at the 17th Annual General Meeting held yesterday at the Gulshan Club Limited in Dhaka. Salina Ali, Chairperson of the Board of Directors of the Company chaired the meeting where Managing Director Mohd Noor Ali,…

Two former Tesco directors have been acquitted of charges of fraud and false accounting after the judge dismissed their case due to lack of evidence. Chris Bush, former UK managing director, and John Scouler, former UK food commercial director, were accused of manipulating figures that resulted in Tesco's…

Soros Fund Management, the about $25 billion family office of billionaire George Soros, was fined by Hong Kong’s securities regulator for naked short selling. The company’s Hong Kong unit was reprimanded and fined HK$1.5 million ($192,000) for a 2015 trade involving a bonus share issue of…