A seven-day ‘National Small and Medium Enterprise (SME) Fair-2019’ will begin in the capital on March 16 with a view to promoting SME products through publicity and expansion of market at the local and international levels. Industries Minister Nurul Majid Mahmud Humayun is expected to inaugurate…

Japan has shown its interest to invest in the gasoline engine car manufacturing industry in Bangladesh. The information came yesterday when Japanese Ambassador to Bangladesh Hiroyasu Izumi called on Industries Minister Nurul Majid Mahmud Humayun at his office in the capital, said a press release. During…

Engineering Dimensions, a renowned business house of Saudi Arabia, has shown its interest to set up a mega furniture manufacturing industry in the country. The company also wants to invest in other sectors, including petro chemical and sugar. The information come yesterday while a business delegation…

Carmakers Renault, Nissan and Mitsubishi Motors unveiled the creation of a joint board yesterday seeking a "new start" for their alliance after…

The pound extended its rally in Asian trade after British Prime Minister Theresa May hammered out a revision to her controversial Brexit deal she hopes…

The US Treasury slapped sanctions Monday on a Russia-based bank partly owned by Venezuela for its support for the government of embattled President Nicolas Maduro and the sanctioned state oil company PDVSA. The sanctions targeted Moscow-based Evrofinance Mosnarbank, which when founded in 2011 was 50…

Stocks yesterday  witnessed flat with falling trend of most of the major price indices at Dhaka and Chittagong Stock Exchanges despite higher transactions.…

Malaysia Airlines may be sold or shut down, Malaysia’s leader said yesterday, the latest bad news for a carrier that has been in crisis since suffering the loss of two planes. The 71-year-old airline has been on the ropes since 2014 when Flight MH370 disappeared and MH17 was shot down by a Russian-made…

US regulators have ordered Boeing to make urgent improvements to its popular 737 Max 8 aircraft after the second deadly accident in a few months prompted the grounding of fleets around the world. Singapore yesterday  banned the use of the high-tech jet in its airspace, becoming the latest in a…

Trade tensions between the US and China will hammer air cargo this year, an industry body warned Tuesday, the latest sign the tariff slugfest is damaging the global outlook. The world’s top two economies have been locked in a trade war since last year, swapping tit-for-tat duties on hundreds of…

Apple announced plans Monday for a March 25 media event, hinting at a widely expected plan to unveil its own Netflix-style streaming service with original video. An invitation sent to journalists included a movie reel countdown video and the message “It’s show time.” The event at Apple’s…

Mammoth German carmaker Volkswagen massively expanded yesterday its plans for electric car sales in the coming decade, as its scramble to meet tougher greenhouse emissions targets has already begun weighing on profitability. Higher unit sales and increased revenues in 2018 helped VW to a net profit…