DHAKA: About 850 expatriate workers have been on strike in Yanbu for a week over the nonpayment of salaries by their employer, a Turkish construction company.A total of 700 workers are from India and Pakistan, with 150 hailing from Bangladesh, Nepal and Turkey. They claim they have not

DHAKA: Subscribers of cellular phone have started witnessing the experience of mobile broadband services, as Robi Axiata as the first private operator has opened its 3.5G network.  Customers plunged into the Robi’s Walk-In-Centres (WIC) in city’s Ghulsan and Muradpur in Chittagong to

SYLHET: Miscreants snatched Tk 90 lakh of BRAC Bank while an official of the bank were taking the money to Biswanath Branch from Banmdarbazar Branch in Lalabazar area of the city on Sunday. Additional Deputy Police Commissioner of the city M Ayub told banglanews that the money was

DHAKA: China launched a free trade zone in its commercial hub Shanghai on Sunday, state-media reported, with the project seen as a testing ground for much-needed reforms in the world`s second largest economy.The zone, which covers 29 square kilometres, ‘started operating Sunday’, the

DHAKA:  Investors witnessed minor fall in benchmark indices of the country`s bourses on Sunday.The key index of Dhaka Stock Exchange, DSEX, shed over 44 points only to stand at 3,968 at the close on the first trading day of the week.Trade deals stood at 98,876 with volume of transactions

DHAKA: Sout Asia region is lacking 96 million of the 100 million trainees currently required to meet the requirements for continued economic growth, finds a new report “Skills development in South Asia: Trends in Afghanistan, Bangladesh, India, Nepal, Pakistan and Sri Lanka”.South

DHAKA: Prime Bank, a private commercial bank of the country, on Saturday awarded scholarship to 394 talents who are underprivileged. In this regard, an Award Giving Ceremony was organized at the LGED Auditorium in the city to handover the stipends of its ‘Education Support Programe’.

DHAKA: Private mobile phone operator Robi Axiata Limited launched third generation of mobile communication technology 3.5G in Dhaka and Chittagong Saturday. 3.5G will allow Robi’s customers to surf the Internet with speeds of more than three times faster than 2G technology.Robi 3.5G is

DHAKA: In an ambitious plan to double its fleet and rapidly expand its network, Biman Bangladesh today said it was aiming at operating to several Indian cities, up from two at present, and add flights to Kolkata in a few months.Biman, Bangladesh`s national carrier, plans to start double

DHAKA: Bangladesh started importing electricity from India on Friday morning aiming to improve the country’s power crisis situation. The 50-megawatt electricity will be added to the national grid till September 30 at TK 5 per unit.Sources said Prime Minister Sheikh Hasina and Indian PM

DHAKA: Around 87 EU retailers, who are signatories to the Accord on Fire and Building Safety in Bangladesh, would start inspecting the garment units from November this year. A delegation of the EU Accord visited Dhaka this week and shared its initial action plan with the representatives

DHAKA: The World Bank (WB) has been supporting the Bangladeshi government in strengthening the country’s efforts to better combat money laundering and the financing of terrorism.In a statement, WB on Thursday said that it is providing technical assistance to grant financing to improve

DHAKA: Grameen UNIQLO announces that it will open two new stores at Kakoli and Nayapaltan in the capital towards its vision of a nationwide chain.The latest launch follows on the opening of its first two stores in Bangladesh`s capital in mid-July. In the short span of four months, Grameen

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday.The key index of Dhaka Stock Exchange, DSEX, rose over seven points to stand at 4,013 at the close on the last trading day of the week.Trade deals stood at 90,248 with transaction at Tk 3030

DHAKA: Bashundhara City Eid Raffle draw was held at the mall on Wednesday to award the lucky shoppers at the hold-all business arcade.This year, the first prize has gone to the owner of Q-150365, second to P-290068 and the third to T-279645.The other lucky shoppers include B-191058 fourth

DHAKA: The government cancelled a tender, third of 2013-14FY, to import 50,000 tonnes of wheat for higher prices on Wednesday.A domestic trader made the lowest offer of US$ 286.77 per ton, including CIF liner out, in the tender.An official of Directorate General of Food said that

DHAKA: Clothing retailer River Island has signed up to an agreement to improve workplace safety in Bangladesh following the Rana Plaza factory collapse earlier this year.The disaster in April killed more than 1,000 textile workers and led to more than 80 brands who employ workers in

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Wednesday.The DSE general index shed over 24 points to stand at 4,005 at the close on the forth trading day of the week.Trade deals stood at 95,793 with transaction at Tk 3,243 million.     Of

DHAKA: Chief Executive Officer (CEO) of Bangladesh Airtel Chris Tobit said that his company would introduce affordable Third Generation (3G) internet packages for its valued subscribers.On the night of September 24, Airtel test ran 3G in its Uttara office and will be setting up 8/10 base

DHAKA: California-based food and beverages company Del Monte is evaluating options to enter Bangladesh and Sri Lanka markets through FieldFresh Foods, 50:50 joint venture between Sunil Mittal-led Bharti Enterprises and Del Monte Pacific.Besides India, the JV would sell Del Monte branded