Opened amid much fanfare over a year back, the ‘Village Supermarket’ in Dumuria upazila to facilitate farmers to sell their agricultural commodities at fair prices, has failed to pick up the pace, clouding its much-hyped goals. Non-availability of loans by farmers, the reluctance of buyers to measurement through metre scales and lack of sincerity of the implementing agency are said ...

Brazilian telecommunications giant Oi is putting Chinese company Huawei’s fifth-generation wireless telecommunication technology (5G technology) to the test during the ongoing Rock in Rio music festival. It is the largest trial of the 5G technology in Brazil. “Huawei gave us 50 handsets with access to the 5G network,” said Oi’s B2B operations manager Leonardo Enrique dos Santos Fernandes, adding that ...

A delegation of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), led by its President Sheikh F Fahim, left  Dhaka for India to attend the Indian Economic Summit of the World Economic Forum and India – Bangladesh Business Forum. The two days summit World Economic Forum (WEF) will be held from October 3 to 4, organized in collaboration ...

Microsoft on Wednesday unveiled new Surface devices with twin-screens that open like books, including a notepad-sized version that will put it back in the smartphone game next year. Surface Duo was touted as the first device in the lineup to fit into a pants pocket, with two “paper-thin” 5.6-inch screens that unfold and work in harmony with a specially tailored ...

The World Trade Organization has slashed its forecast for trade growth this year by more than half, warning the slowdown could hit living standards and jobs. The WTO said it expected trade volumes to grow by just 1.2% in 2019, down from the 2.6% it predicted in April.It also cut its global economic growth forecast from 2.6% to 2.3%. It ...

Police in London have detained a man near the Houses of Parliament after he doused himself in what appeared to be flammable liquid, reports AP. The Metropolitan Police say in a tweet Tuesday that the man was detained in Parliament Square at 10:45 a.m. (0945 GMT). No injuries were reported and London Ambulance Service personnel were at the scene.The man ...

In a television interview, Saudi Crown Prince Mohammed bin Salman called for global action against Iran and warned that oil prices could otherwise rise astronomically. Bin Salman blamed Iran for the September 14 attack on Saudi oil facilities that cut its production by half and led to a spike in oil prices, reports Deutsche Welle. “If the world does not ...

Japan has increased its consumption tax for the first time in five years, bringing the long-delayed policy into effect despite concerns it may knock the economy. On Tuesday, the country raised its sales tax rate from 8% to 10%. The new rate applies to nearly all goods and services, though most food will be exempt, reports BBC.Past sales tax rises ...

Dhaka, Sept 30 : From now on, passengers can pay the fare directly through their bKash accounts while purchasing tickets of Novoair in any of the outlets located countrywide.  Novoair, a local private airline, and Mobile Financial Service Provider bKash have signed an agreement for opening merchant wallet facilities. Mofizur Rahman, Managing Director of Novoair and Mizanur Rashid, Chief Commercial ...

An International Monetary Fund (IMF) mission concluded its recent visit to Jordan to assess recent economic developments in the country, said a statement by the IMF on Saturday. The new mission Chief for Jordan Chris Jarvis was introduced during the visit, it said, reports Xinhua. A mission to complete the third review of the IMF’s Extended Fund Facility (EFF) will take ...