Tour operators, hoteliers and other stakeholders have geared up to welcome the holidaymakers who will be visiting various places of tourist attractions across the country during the five-day Eid vacation. Sector insiders expressed the hope that tourist spots, hotels, resorts and theme parks would become vibrant with the presence of...
Read moreAnonTex Group, one of the big clients of Janata Bank, is seeking more loans in the name of working capital to run its industrial units.The conglomerate earlier took out about Tk 55 billion in loans from the state-owned bank but is yet to repay.The central bank, after carrying out an...
Read moreRobi Axiata Limited, a leading mobile phone operator in Bangladesh, launched a campaign titled 'Duranta', as part 'the best sales reward programme' of the company recently, says a statement.As many as 30 sales representatives of Airtel under Dhaka's regional market won a motorbike each under the campaign.The winners received the...
Read moreThe Osiris Group, a frontier market private equity firm going to make investments in Asia, has partnered with BRAC, the world's leading development organisation dedicated to development, poverty reduction, and humanitarian crisis management, reports UNB.The Osiris Group through its investments in the country and other frontier markets catalyzes inclusive growth,...
Read moreBangladesh High Commissioner to India Syed Muazzem Ali has called on BIMSTEC nations to enhance their security cooperation to "defeat terrorism in all its forms and manifestations", reports UNB.He was speaking at a panel discussion in New Delhi with heads of mission from BIMSTEC-member states in India on Monday ahead...
Read moreATHENS, Aug 20 (AFP): After years of stinging austerity measures, Greece emerged on Monday from its third and last bailout, although officials warn the country still has a "long way to go".Prime Minister Alexis Tsipras will give a televised address on Tuesday.The European Union, the European Central Bank and the...
Read moreCALIFORNIA, Aug 20 (Reuters): Tesla Inc is on its way to make 8,000 Model 3 cars per week even as it burns more cash, Evercore analysts wrote in a note.They paid a visit to the electric-car maker's California facility last week.Tesla produced 5,031 Model 3 electric cars in the last...
Read moreBERLIN, Aug 20 (Reuters): Germany's current account surplus is set to remain the world's largest this year, the Ifo economic institute said on Monday, in an estimate that is likely to renew criticism of Chancellor Angela Merkel's economic and fiscal policies.Germany's current account surplus - which measures the flow of...
Read moreLONDON, Aug 20 (AFP): Indian ride-hailing company Ola began operating in south Wales on Monday ahead of a planned expansion across Britain by the end of the year, intensifying its battle with US rival Uber.Britain is Ola's second venture into a foreign market after it started operations in Australia in...
Read moreKARACHI (Pakistan), Aug 20 (Reuters): Pakistan's foreign exchange reserves decreased by US $216 million to $10,153 million in the first week of this month.The South Asian country's forex reserves were $10,369 million in the last week of July.
Read moreBEIJING, Aug 20 (Reuters): Japan's Toyota Motor Corp will build additional capacity at its auto plant in China's Guangzhou, a company source said.In addition, the Japanese automaker will beef up production at a factory in Tianjin city by 120,000 vehicles a year.A person close to the company said Toyota will...
Read moreBANGKOK, Aug 20 (Reuters): Thailand's telecoms regulator closed bidding on Sunday at 25 billion baht ($753.9 million) for two licences under a 1800 MHz spectrum for 3G and 4G service.Concerns have been raised about plans for next generation 5G in the Southeast Asian country.The National Broadcasting and Telecommunications Commission (NBTC)...
Read moreLONDON, Aug 20 (Reuters): Sterling fell on Monday as the dollar rebounded and investors shifted their focus to impending talks that may decide whether Britain gets a trade deal with the European Union before it quits the bloc.The pound has suffered six straight weeks of losses against the dollar, its...
Read moreCOPENHAGEN, Aug 20 (Reuters): A.P. Moller-Maersk has cut its 2018 earnings forecast due to higher fuel prices, although the downgrade was smaller than some analysts had feared.The container shipping industry has suffered from low freight rates amid a global oversupply of vessels, while Maersk and rivals have warned a global...
Read moreCustomers queueing up to withdraw money from an Agrani Bank branch in the city on Monday, the last working day before the Eid holidays — Focus Bangla
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