Monday 22 April 2019 ,
Monday 22 April 2019 ,
Breaking News
  • Death toll in Sri Lanka serial blasts hits to 290
  • Death toll in Sri Lanka serial blasts hits to 290
17 projects involving Tk 14,200cr approved

17 projects involving Tk 14,200cr approved

The Executive Committee of the National Economic Council (ECNEC) yesterday approved 17 projects involving Tk 14,200.59 crore. The approval came from the…
Bangladesh seeks addl $4.5b from WB: Muhith

Bangladesh seeks addl $4.5b from WB: Muhith

Finance Minister Abul Maal Abdul Muhith yesterday said Bangladesh has sought $4.5 billion additional fund from the World Bank under the ongoing Country…
Upgradation of  Thakurgaon Sugar Mills still a distant dream

Upgradation of Thakurgaon Sugar Mills still a distant dream

The upgradation of Thakurgaon Sugar Mills still reamins a distant dream though five years have elapsed since the approval of the development project,…

Dhaka, Colombo to sign FTA soon, says Tofail

Commerce Minister Tofail Ahmed said Bangladesh and Sri Lanka have agreed to sign the proposed free-trade agreement (FTA) as soon as possible to boost bilateral trade. “Feasibility study for the FTA has already been done and the government is working to sign the deal within its current tenure,”…

USA tech co keen to set up centre of excellence in Bangladesh

International Business Machines (IBM) Corporation, an American multinational information technology company, is keen to set up a centre of excellence aimed at boosting the country’s ICT industry, reports BSS. The assurance came during a meeting between Posts, telecommunications and Information…

BMW plans to take control of China joint venture

German luxury carmaker BMW announced yesterday a plan to take control of its China joint-venture, the first foreign automaker to take advantage of Beijing's new ownership rules for the sector, reports AFP from Beijing. BMW will acquire a further 25 per cent stake in the venture with Brilliance China…
IMF chief defends rate hikes after Trump slams ‘crazy’ Fed

IMF chief defends rate hikes after Trump slams ‘crazy’ Fed

IMF chief Christine Lagarde yesterday defended central bank rate hikes in a veiled rebuke to Donald Trump after the US president blamed "crazy"…

Apple hires 300 specialists from UK company

Apple is adding 300 computer chip engineers to its team after striking a deal to hire them from one of its British suppliers. It is paying Dialog Semiconductor $300m (£227m) for the acquisition, which also includes some of the Reading-based com-pany's patents and facilities, reports BBS. Apple…

KSA opens high-speed railway to public

Saudi Arabia's new high-speed railway opened to the public yesterday, whisking Muslim pilgrims and other travellers between Mecca and Medina, Islam's holiest cities, reports AFP from Saudi Arabia. The Haramain High Speed Rail system will transport passengers 450 kilometres (280 miles) via the…
German car industry warns CO2 targets risk jobs

German car industry warns CO2 targets risk jobs

European targets for reducing greenhouse gas emissions threaten jobs in the bloc, Germany's powerful car industry federation said on Wednesday after…

Foreign expansion, online sales boost Ikea sales

Swedish furniture giant Ikea on Wednesday reported rising sales for the year to August, helped by a big push online and new store openings, including its first in India, reports AFP from Madrid. Total store turnover, comprising sales of both products and services, rose 1.3 per cent to 38.8 billion euros…
‘Domino effect’ hits global stocks, Trump slams Fed

‘Domino effect’ hits global stocks, Trump slams Fed

European and Asian stock markets slumped yesterday following the worst session on Wall Street since February on heightened global economic strains, including…

Thailand blocks sale of French-owned power producer

Thailand's energy regulator said yesterday it would block PTT Group's multibillion-dollar acquisition of a company owned by French energy giant Engie on grounds that it could create a electricity monopoly in some areas, reports AFP from Bangkok. Engie signed a deal with Thai group Global Power…

Officextracts discontinued Kaspersky's distribution

Officextracts, distributor of Kaspersky Lab in Bangladesh and Bhutan, has decided to close down the distribution operation on issues of disagreement in business policies effective from September 20, 2018, a press statement said. The company also requested all concerned to contact Kaspersky Lab directly…

ECB divided over protectionist risks to eurozone economy

European Central Bank chiefs were divided at their September meeting over the danger to the eurozone economy from protectionism and other global threats, with some calling for a gloomier assessment, reports AFP from Frankfurt. "It was remarked that a case could also be made for characterising the…
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State minister for power Nasrul Hamid yesterday said everyone to have access to electricity by June. Do you think the feat achievable by the timeframe?
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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.

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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