Desk Report: A whopping 274 per cent rise in fuel oil import enhanced country’s overall imports growth by nearly 16 per cent or US$ 640.40 million in July, officials said, reports Financial Express. The settlement of letters of credit (LCs), generally known as actual import, in terms of value, rose to $4.69 billion in July,…
Reuetrs A Filipino inventor has unveiled what he calls a flying sports car that represents the future of transport, riding it out of a warehouse toward a cheering crowd, leaving a cloud of dust in his wake. Former dancer and camera operator Kyxz Mendiola flew and hovered for a few minutes in a single-passenger contraption…
Abrar Hussain: In response to Awami League General Secretary Obaidul Quader’s remarks regarding dialogue, BNP Senior Joint Secretary General Ruhul Kabir Rizvi said his party has some ‘specific demands’ on which discussions should be held. He made the remarks at a press conference in party’s Naya Paltan party office yesterday, reports Banglanews. Quader had initially…
AP: The UN mission in Afghanistan says 21 civilians were killed in two separate airstrikes over the weekend. It says in a statement Wednesday that nine civilians, mostly women and children, were killed in a Saturday airstrike in the northeastern Kapisa province, in an area where Afghan forces were battling the Taliban. Another statement cited…
Sayeed Muhammad: The Executive Committee of the National Economic Council (Ecnec) has cleared a Tk 3,825.34 crore project to procure 1.5 lakh electronic voting machines (EVMs) ahead of the polls to be held in the year-end. The approval came from the weekly Ecnec meeting held at the NEC conference room here with Prime Minister Sheikh…
DOT Desk The central bank has drafted a law meant to recognise movable properties as collaterals against loans from the banking system, reports The Financial Express. The Bangladesh Bank has already posted the draft on its official website seeking opinion from the stakeholders to finalise it. The law will require passage by the national parliament…
Arab News Myanmar forces are conducting new rounds of “clearance operations” in conflict-hit Rakhine state after four local Buddhists were attacked and two killed, the commander-in-chief’s office said Thursday, with one of the incidents blamed on Rohingya Muslims. The violence occurred around the evening of December 17 along Pyu Ma creek in northern Rakhine state’s…
Desk Report: A health company is claiming it was hacked after a job applicant received a rejection letter saying that candidates with ‘ghetto’ names would not be considered for a post. Mantality Health, in Missouri, sent the email to Hermeisha Robinson stating: “Thank you for your interest. Unfortunately, we do not consider candidates that have…
Reuters Prince Mohammad will be accompanied by Energy Minister Khalid al-Falih during his trip to Kuwait, two separate sources said. The Saudi crown prince will hold talks with Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah, the Kuwaiti News Agency has reported. The closure of the Neutral Zone’s jointly operated oilfields, mainly Khafji and Wafra, has…
Azeem Azmi/ The Business Times ANNUALLY, over 250 million companies around the world transact goods and services worth US$120 trillion – making the opportunities in international trade tremendous for the businesses involved. The potential for a single business to transact with hundreds to thousands of buyers or suppliers around the world should be the dream…