The government is likely to compromise the development budget in the current fiscal year because of a sharp rise in non-development expenditure.
Finance ministry officials said an amount of Tk 10,000 crore was likely to be slashed... Full story
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The government has taken a move to resolve a prevailing dispute over the payment of piece-rate basis for the sweater factory workers.
The government has recently formed an 11-member committee comprising the representatives from factory... Full story
The government has sharply cut the interest rate on the short-term government securities over the last few months as scheduled banks with huge idle fund continue to submit a large number of bids in the auction of treasury bills... Full story
The posts and telecommunications ministry has turned down a proposal by the telecom regulator to appoint a consultant for overseeing cyber security of the country, said officials. Full story
Yes, technology can get into your head, says the maker of a new brain-sensing headband that promises to reduce stress. The Muse headband from Canadian-based Interaxon presented at the Consumer Electronics Show... Full story
General Motors Co said on Friday it was recalling about 3,70,000 of its redesigned full-size Chevrolet Silverado and GMC Sierra pickup trucks globally to reprogram software that could cause parts of the exhaust to overheat and lead to fire. Full story
Momentum has slowed on Wall Street after the surge at the end of 2013, but the stock market's tally at week's end was still respectable, even if not outstanding.
While the market spent much of the week in the red, two of the three indices... Full story
Bangladesh Export Import Company Limited was incorporated in Bangladesh in 1972 under the Companies Act, 1913 as a public limited company and commenced its commercial operation in the same year. Full story
The Dhaka International Trade Fair 2014, the 19th edition of the annual event, was on Saturday inaugurated with a large number of stalls and pavilions still remaining incomplete. During a visit, this correspondent found only 60 per cent stalls and pavilions operating... Full story
Dhaka stocks advanced last week, second week in a row, with an increased turnover ahead of the announcement of the monetary policy by the central bank. Market operators said anticipation of another bubble at the market ahead... Full story
The data breach at Target Corp over the holiday shopping season was far bigger than initially thought, the US company said on Friday, as state prosecutors announced a nationwide probe into the second-biggest retail cyber attack on record. Full story
Toyota Motor is aiming to produce more than 10 million vehicles in 2014, a bullish target that could boost other industries in Japan, a report said on Saturday. The Toyota group’s production may fall temporarily after April... Full story
Inam Ahmed has recently been appointed general manager of Bangladesh Edible Oil Limited with effect from January 1, said a news release. Inam, a mechanical engineer form BUET, worked at different national and multinational companies like... Full story