Monday 20 August 2018 ,
Monday 20 August 2018 ,
Latest News
  • Safe road movement: 9 more students freed from Keraniganj jail
  • Khalishpur Meghna oil depot catches fire, 3 killed
  • Truck-microbus collision kills 6 in Feni
  • Myanmar tactfully delaying Rohingya repatriation
  • Movement for safe roads: 25 students get bail
‘Economic potential remains untapped’

‘Economic potential remains untapped’

Though Bangladesh has been witnessing a tremendous growth of its middle-class population over the last two decades, the full potential of this driving…

Bhutan wants to boost trade with Bangladesh

Bhutan yesterday expressed its keen interest to boost the bilateral trade with Bangladesh, reports UNB. It also emphasised on Bangladeshi investment in Bhutan and identifying the potential sectors for expansion of the bilateral trade. The interest was expressed at a meeting between a 36-member Bhutan…
Govt eager to build up plastic industry, says Tofail

Govt eager to build up plastic industry, says Tofail

The government has given utmost priority on few items in the Seventh Five-Year Plan aiming to attain the goal of $60 billion export by 2021 and plastic…

DSE lauds new monetary policy statement

Dhaka Stock Exchange (DSE) yesterday said the new monetary policy statement (MPS) is time-befitting and directional for inflation, foreign exchange and employment generation as well as the whole economy of the country, reports BSS. Bangladesh Bank (BB) announced the MPS on Monday for the second half…

BB appoints Sur Chowdhury as adviser

SK Sur Chowdhury is going to be appointed as the Banking Reform Advisor of Bangladesh Bank (BB) after completion of his tenure as Deputy Governor of the bank, reports BSS. In his new responsibilities, SK Sur Chowdhury will advise in the formulation of reform policies for banks and financial Institutions,…

Asia stocks struggle despite Trump speech after sharp US losses

AFP, HONG KONG: Asian stocks struggled yesterday as traders tracked sharp Wall Street losses despite a major speech by US President Donald Trump extolling his administration’s economic achievements. In his annual State of the Union address, Trump said taxes had been slashed, jobs created and “the…
Price fall in large-cap drives stocks further down

Price fall in large-cap drives stocks further down

Stock markets closed the session yesterday with downward trends due mainly to price fall in large-cap securities, reports BSS. The falling major sectors…
Samsung Electronics reports record Q4 and full year profits

Samsung Electronics reports record Q4 and full year profits

AFP, SEOUL: Samsung Electronics reported a 73 per cent jump in its fourth quarter net profit yesterday, setting a record for any three-month period, mainly…

Federal Reserve opens Yellen’s final meeting, no rate hike seen

AFP, WASHINGTON: The US central bank on Tuesday opened its first meeting of 2018, the last of Janet Yellen’s tenure as chair, with markets expecting policymakers to leave interest rates unchanged. After raising rates three times in 2017, the Federal Reserve expects to tighten interest rates in…

McDonald’s Q4 earnings dented by one-time US tax hit

AFP, NEW YORK: McDonald’s reported higher comparable sales in the final three months of the year in the US, China and other key markets, but earnings were dented by a one-time hit from US tax reform. Net income was $698.7 billion in the fourth quarter, down 41 per cent from the year-ago period,…

ArcelorMittal says profits more than doubled in 2017

AFP, PARIS: Global steel giant ArcelorMittal said yesterday that its net profit more than doubled last year as the worldwide market for steel improved. ArcelorMittal said in a statement that its bottom-line net profit amounted to $4.6 billion, up from $1.8 billion a year earlier. Underlying or operating…

Ericsson rings up huge losses in 2017

AFP, STOCKHOLM: Swedish telecoms giant Ericsson said yesterday that it rang up huge losses last year as network competition, restructuring costs and investment in lightning-fast 5G technology pushed it deeply into the red. Ericsson said in a statement it booked net loss of 35.1 billion kronor (3.6 billion…

Investment in UK automotive sector plunges by a third

AFP, LONDON: Investment in the British automotive industry fell by a third in 2017, its trade association said yesterday as it called for a swift agreement on the Brexit transition period. The Society of Motor Manufacturers and Traders said that only £1.1 billion ($1.55 billion, 1.25 billion euros)…
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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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