Truck and covered van fares shot up yesterday ahead of the four-day shutdown, a move which will ultimately hit the consumers’ pockets hard. “The pressure to transport goods is immense today [Saturday]. All are trying to get their goods to…
The government will send off a progress report to the US on November 15 on the action plan outlined by the Obama administration to help Bangladesh regain trade privileges. “We have made progress in some areas as per the recommendations…
Foreign aid disbursement dropped around 23 percent in the first quarter of the current fiscal year owing to delays in project implementation. Between July and September, disbursement stood at $422 million, in contrast to $545 million a year ago, according…
Brac Bank launched its fifth subsidiary, Brac IT Services Ltd (biTS), to provide world-class technology solutions in Bangladesh. Bangladesh Bank Governor Atiur Rahman launched the company at a programme at Lakeshore Hotel in Dhaka on Thursday. A joint venture…
Bangladesh Bank yesterday honoured 150 rescuers of Rana Plaza victims for their heroic contribution to the rescue of 2,438 workers from the debris. The collapse of Rana Plaza, which housed five apparel factories, was the country’s worst industrial disaster that…
Stocks gained for the second week with the market gauge crossing 4,200 points level for the first time in the last three and a half months, depending on banks’ stocks amid a three-day strike. DSEX, the benchmark general index of…
Social business, Professor Muhammad Yunus’s latest area of passion, not only generates lasting social impact, it can also lead to tangible business benefits, a study by Boston Consulting Group, a leading management consultancy firm, found. “A charity dollar has…
FAIR & Lovely, the fairness cream brand of Unilever Bangladesh, was judged the best overall brand, beating last year’s winner Parachute coconut oil, at the Best Brand Award Bangladesh 2013 yesterday. Lux was the second best and Nokia the third…
We live in an age where emerging technologies are narrowing the divide between humans and machines. As features of mobile phones become more customised and complex, they cease to be just devices of communication. Mobile phones now store more personal…
China’s ruling Communist Party began a key meeting Saturday to dictate the direction of the world’s second-biggest economy for the next decade. The official Xinhua news agency said the gathering of the party Central Committee would discuss a draft document…
Brazil may be in the sporting spotlight with the World Cup just seven months away and the 2016 Rio Olympics on the horizon, but the investment of public cash in sport business remains a controversial issue. The estimated $30 billion…
