Food Minister Sadhan Chandra Majumder yesterday said the government procured nearly 16 lakh metric tonnes of food grains in the last fiscal 2018-19. “A total of over 15.9 lakh metric tonnes of food grains was procured in fiscal 2018-19. Of those, 40,175 metric tonnes were wheat while 84,309 metric…

The National Board of Revenue (NBR) is going to launch a ‘mobile app’ for increasing the number of taxpayers and preventing tax evasion. “We…

RMG workers yesterday urged the government not to increase the gas price as it will create an extra burden on them in many ways. "House owners will increase room rents further if the gas or electricity bill is raised. It'll be an extra burden for low-income people, especially the RMG workers,"…

African nations officially launched a landmark trade agreement at the African Union summit in Niger on Sunday, with the long sought-after agreement hailed…

Asian markets retreated yesterday and the dollar held gains after a blockbuster US jobs report dashed hopes that the Federal Reserve would slash interest…

Greece’s new prime minister, Kyriakos Mitsotakis, formally takes up the reins yesterday, a day after an election victory that puts him in charge…

Jaguar Land Rover (JLR) is investing hundreds of millions of pounds to build a range of electric vehicles at its Castle Bromwich plant in Birmingham.…

ran’s oil minister has accused the United States of using sanctions to “shock” the global oil supply and gain market clout for its booming shale oil production. Washington abandoned a landmark 2015 nuclear deal between Tehran and world powers last year and reimposed sanctions on the…

Stocks witnessed another bearish session yesterday as all indices on Dhaka and Chittagong stock exchanges maintained downward trend for the second consecutive…

Germany’s biggest lender Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, as the former leading light of the country’s financial sector looks to escape years of turmoil. The slashing of around one in five of its workforce, to 74,000 employees, is an unprecedented round of departures…

Germany's trade surplus widened to 18.7 billion euros in May, official data showed yesterday, as external demand improved from a month ago. Exports were up 1.1 per cent to 113.9 billion euros from April, while imports eased back 0.5 per cent to 93.4 billion euros. Foreign trade is crucial for the…

Tarique Afzal has recently been appointed as president and managing director of AB Bank, the bank said in a press statement yesterday. Prior to the appointment,…

The Export-Import Bank of China (China EximBank) has so far funded over 600 billion yuan (87 billion US  dollars) in projects in 46 African countries. The funding mainly supports major projects with prominent economic and social benefits in Africa, said the bank. The bank will step up efforts in…

An unprecedented 17-day strike at Taiwan's largest private airline that saw more than 1,200 flights cancelled and 300,000 passenger journeys disrupted has ended after management reached a collective agreement with cabin crew. The strike at EVA Airways was the longest in Taiwan's aviation history…