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Pre-booking opens for dual back lens phone Helio S25

  Edison Group announced the latest addition to their Helio lineup, the Helio S25. This all new dual rear lens phone is inspired by their remarkable consistency of the Helio series.   This successor to the tremendously popular Helio S2 and Helio S20 is now offered to interested buyers for pre-booking from 7th March onwards. A fashionable Fastrack wristwatch is ...

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Oil slides below $50

  Oil prices took a battering on Thursday, with US prices falling below $50 for the first time this year, on signs a global supply glut is not going away. The euro meanwhile rallied briefly against the dollar as the ECB said it no longer saw a deflation threat and would end some of its massive support for the eurozone economy. Equities were under ...

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Walton will be Bangladesh’s flagbearer says HT Imam

 12th March, 2017   Keeping pace with the present time, Walton not only implemented digital methods but is also manufacturing high standard electric and electronics products with the practical implementation of the modern science and technology. Walton will be the flagbearer of Bangladesh in the world. HT Imam, political adviser to the Prime Minister, came up with the remarks while ...

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Oil prices fall to 2017 low as US petroleum supply surges

9th March, 2017   Oil prices slumped to their lowest level of 2017 Wednesday following a bearish US supply report that also dented American petroleum-linked shares.   The US oil benchmark, West Texas Intermediate, slid more than five percent to $50.28 a barrel, its lowest price since December. International oil benchmark Brent also ended the day at a low for ...

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‘Declining exports, remittances exert pressure on reserve’

4th March, 2017 Declining growth in export shipment, falling wage earner’s remittance and a consequent deficit in current account balance are likely to exert pressure on the country’s balance of payments, says a prominent think tank.   The Unnayan Onneshan (UO) in its monthly publication, the ‘Bangladesh Economic Update’ February 2017, called for a thorough reexamination of the current trade ...

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Bangladesh earns Tk 73 bn in jute exports in FY16

 1st March, 2017   Bangladesh has earned close to Tk 72.94 billion in the fiscal 2015-16 by exporting 1.96 million bales of jute and jute products. This amount is about Tk 8.75 billion more than the amount earned by exporting these products in the previous fiscal. The total jute production of the country during the financial year 2015-16 was 8.25 ...

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Govt okays revised ADP of Tk 1,10,700cr

 28th February, 2017   Without slashing the original size of the Annual Development Programme (ADP) for fiscal 2016-17, the National Economic Council (NEC) today approved a revised ADP of Taka 1,10,700 crore, reports BSS. The focus continues to be on projects in transport sector. In the revised ADP, the government increased its allocation to Taka 77,700 from Taka 70,700 crore ...

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Asian stocks fall amid Trump trade policy fears, strong yen

  Asian markets slipped in muted trading Friday amid worries over U.S. trade policies that may affect regional economies. A stronger yen weighed on Japan’s exporters.  KEEPING SCORE: Japan’s benchmark Nikkei 225 edged 0.2 percent lower to 19,339.56, while South Korea’s Kospi fell 0.5 percent to 2,097.05. Australia’s S&P/ASX 200 dipped 0.7 percent to 5,742.70. Hong Kong’s Hang Seng stood ...

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China in preliminary deal to buy Chevron’s Bangladesh gas fields

  Chevron operates total three gas fields in north-eastern districts and a compression project. The Jalalabad gas field in Block 13, pictured here, is currently the third highest gas producer in Bangladesh.   China’s state-run Zhenhua Oil has signed a preliminary deal with Chevron to buy the U.S. oil major’s natural gas fields in Bangladesh that are worth about $2 ...

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Bangladesh High Commissioner visited Eurofoods Group’s factories and Ask to invest more in Bangladesh

Since his joining in the UK, HE Mr. Nazmul Quaunine, Bangladesh High Commissioner in London has initiated business promotion program in the UK and is trying to reach out both the mainstream UK businessmen and Bangladeshi diaspora. The program includes meeting the companies, visiting factories and highlighting Bangladesh, as a potential business destination. As part of this program, he along ...

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