The Bangladesh Investment Development Authority (BIDA) will work together with the Leveraging ICT for Growth, Employment and Governance (LICT) Project under Bangladesh Computer Council (BCC) to attract more foreign investment in the ICT sector. A Memorandum of Understanding (MoU) was signed between the two sides to this end on Wednesday....
Read moreThe import of edible oil has been showing an increasing trend in Bangladesh alongside other commodities, resulting in 10 per cent increase in import in 2018, reports BSS.According to a statement of Malaysia Palm Oil Council, during January-December period of 2018, import quantity of total oil and fat was over...
Read moreA two-day "Robo Carnival-2019" will begin at Bangladesh University of Engineering and Technology (Buet) today to engage the robotics enthusiasts of different institutions of the country.State Minister for Ministry of Telecommunication and Information Technology Zunaid Ahmed Palak is expected to be present at the closing ceremony of Robo Carnival-2019 as...
Read moreSHANGHAI, Jan 16 (Reuters): China's central bank injected a record $83 billion into the country's financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy.China's policymakers are pledging to step up stimulus measures this year and do more to protect jobs...
Read moreShimanto Bank Ltd and Biman Bangladesh Airlines have signed a memorandum of understanding (MoU) at Biman head office in the city recently, said a press release. Under this MoU, the bank's cardholders will get special discount on the purchase of Biman's air ticket. Muklesur Rahman, managing director and CEO of...
Read moreChina's efforts to expand domestic goods into neighbouring countries have taken a blockchain-based twist with the announcement that Alibaba's Alipay is going to launch cross-border remittances between Malaysia and Pakistan, according to Asia Times.The new service allows Pakistanis living in Malaysia to send money home using the Karachi-based Telenor Microfinance...
Read moreThe International Monetary Fund (IMF) will resume discussions with Sri Lanka in February for further disbursement of part of a $1.5 billion loan, the lender said, after a political crisis led to talks being delayed by three months, reports Reuters.Sri Lanka government leaders had agreed to stick to a reform...
Read moreLONDON, Jan 16 (AFP): The risks of catastrophic weather and flooding from climate change are exercising business leaders heading into next week's World Economic Forum meeting in Davos, the organisation said Wednesday.An annual WEF report-based on a survey of about 1,000 respondents drawn from the Davos community of business leaders,...
Read moreWASHINGTON, Jan 16 (Reuters): US producer prices dropped by the most in more than two years in December as the cost of energy products and trade services fell, adding to signs of tame inflation that may allow the Federal Reserve to be patient about raising interest rates this year.Other data...
Read moreMILAN, Jan 16 (Reuters): Many Italian banks are struggling to borrow on the private markets and want European Central Bank (ECB) help as they seek more than 55 billion euros ($63 billion) in funding this year.Even after removing the threat of major collapses by bailing out some of its lenders,...
Read moreBEIJING, Jan 16 (Reuters): Growth in China's new home prices eased slightly in December from November, in an early sign that a long property boom has started to cool, but annual growth was robust.Average new home prices in China's 70 major cities rose 0.8 per cent in December, according to...
Read moreA delegation of Bangladesh-German Chamber of Commerce and Industry (BGCCI), led by its President Omar Sadat, presenting a bouquet to Commerce Minister Tipu Munshi to greet the newly appointed minister at his office in the capital on Tuesday
Read moreChairman of Bangladesh Atomic Energy Commission (BAEC) Mahbubul Hoq presenting a bouquet to Architect Yeafesh Osman on behalf of the commission at a reception in the capital on Wednesday for his reappointment as Minister of Science and Technology in the newly-formed Cabinet
Read moreNEW DELHI, Jan 16 (Reuters): India's trade deficit narrowed to $13.08 billion in December, the lowest in 10 months, on a fall in gold imports but exports remained flat, deepening concerns for Prime Minister Narendra Modi who wants to accelerate growth ahead of elections.Modi, who had promised to boost exports...
Read moreANKARA, Jan 16 (Reuters): Most emerging market currencies firmed against the dollar on Wednesday, with Turkey's lira strengthening ahead of a central bank rate decision, while stocks in the developing world notched a six-week peak.Turkey's central bank sets borrowing costs later in the day, with a Reuters poll predicting the...
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