Saturday 8 May 2021 ,
Saturday 8 May 2021 ,
Latest News
  • Bangladesh detects 1st case of Indian Coronavirus strain
  • Bangladesh detects 1st case of Indian Coronavirus strain
  • COVID-19: 45 more die, 1,285 infected in 24 hours
Stronger support needed to attain global dev goal: Unctad

Stronger support needed to attain global dev goal: Unctad

Global poverty is increasingly with it getting concentrated among a group of 48 countries, which are falling further behind the rest of the world in terms…

UN grants observer status to ICC

The United Nations (UN) General Assembly yesterday granted Observer Status to the International Chamber of Commerce (ICC)—the world’s largest business organisation representing more than six million members in over 100 countries.  The decision—taken by 193 members of the UN General…
ILO DG hails working 
conditions progress

ILO DG hails working conditions progress

ILO Director-General Guy Ryder has praised progress made by Bangladesh to improve working conditions and grow its economy while calling for the benefits…

Axiata, edotco announce $600m equity placement deal

Axiata Group Berhad and its wholly-owned subsidiary, edotco Group have announced a record US$ 600 million equity private placement deal with Innovation Network Corporation of Japan and Khazanah Nasional Berhad for primary and secondary edotco shares. Of which, the Innovation Network Corporation…

Muhith seeks specific proposal for capital market

Finance Minister AMA Muhith yesterday asked the DSE Brokers Association of Bangladesh (DBA) to give specific proposals to help further development of the country’s capital market to the greater benefit of the national economy, reports BSS.  “I want two proposals on negative equity…

Asian postal services adapt to post-mail era

AFP, SINGAPORE:  With the pre-Christmas rush at its peak, a serpentine network of conveyor belts at Singapore Post’s new logistics centre moves parcels destined for addresses across the world in time for the festive season. It is a scene repeated in sorting offices around the globe in December,…

‘China to fine US automaker’

AFP, BEIJING: China will slap fines on an unnamed US carmaker for monopolistic behaviour, the state-run China Daily said yesterday, as rhetoric over trade heats up between Beijing and US president-elect Donald Trump. A penalty will be issued “soon” against an American firm for telling distributors…

Google creates self-driving car company

Google is putting its self-driving car technology into a new company which it will call Waymo, the firm has announced, reports BBC.  The new business, Waymo, will be owned by Google’s parent company, Alphabet. It signals a push to commercialise the technology which Google has been developing…

Crowdfunded train service takes on German rail giant

AFP,FRANKFURT AM MAIN:  With a single 1970s train in orange livery and a little crowdfunding help, a plucky Berlin start-up is challenging the might of Germany’s state rail operator, Deutsche Bahn. At 6:20 am (0520 GMT) yesterday, the first Locomore train will leave Stuttgart in Germany’s…

DSE index reaches 23-month high

The benchmark price index of Dhaka Stock Exchange (DSE) reached at about 23-month high yesterday on higher transaction which drove the total value of the share to over Taka 1,000 crore, reports BSS. DSEX, the major price index of DSE, added 37.32 points at close to finish the day at 4906.92 which was…

HSBC starts to pay incentive to good borrowers

The Hongkong and Shanghai Banking Corporation Limited in Bangladesh has started recognising its eligible good borrowers for the year 2015 – a directive which was initiated by the Bangladesh Bank. HSBC has started to pay out the incentive to good borrowers for the first time in Bangladesh. The…

Tata ousts Mistry from board as purge is stepped up

AFP, MUMBAI: India’s Tata has ousted Cyrus Mistry as a director of its cash cow IT business Tata Consultancy Services as the Indian conglomerate  steps up its purge of its former chairman. TCS said in a statement late on Tuesday that shareholders had voted overwhelmingly at an extraordinary…

Japan business confidence rebounds as yen slides

AFP, TOKYO: Confidence among some of Japan’s biggest firms has rebounded for the first time in over a year, a key central bank survey showed Wednesday, as a sliding yen boosts profit hopes. The Bank of Japan’s Tankan report—a quarterly survey of more than 10,000 companies…

Barracuda Networks showcases products

Barracuda Networks of USA, recently organized a product and portfolio presentation session for the B2B segment in Dhaka recently, says a press release.  Barracuda is widely known as one of the global leaders in security, application delivery and data protection solutions.  The event was…

Fortinet appoints Smart Technologies as distributor

Fortinet, one of the global leaders in high performance cyber security solutions, yesterday announced that it has appointed Smart Technologies as its first value-added distributor in Bangladesh to expand its business and security market footprint, says a press release.  Smart Technologies, which…

US puts limits on Wells Fargo

AFP, WASHINGTON: US banking regulators Tuesday said they are prohibiting Wells Fargo from opening new international branches until it fixes continuing deficiencies in its bankruptcy plan. The so-called “living will” is required of all large US banks to ensure that in the event they need…
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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.

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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