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FBCCI gets new administrator

Md Abdur Rahim Khan, additional secretary of the Ministry of Commerce, has assumed charge as administrator of the Federation of Bangladesh Chambers of Commerce and Industry, the country’s apex trade body.

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Remittance surges by 7pc in Oct

Remittance inflow into Bangladesh surged by 7 per cent in October compared with the same month a year earlier.

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IMF urges BB to curb lending from reserve

The International Monetary Fund has recommended limiting loans and quasi-financial activities provided to various institutions from the foreign exchange reserves.

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BSEC, CSE host AML workshop

The Bangladesh Securities and Exchange Commission and the Chittagong Stock Exchange on Sunday jointly organised a daylong training workshop on ‘AML/CFT Compliance and Risk-Based Supervision’.

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Sundarban Courier celebrates 43rd founding anniv

Courier service provider, Sundarban Courier Service (Pvt.) Ltd, celebrated its 43rd founding anniversary with a daylong series of programmes at its corporate headquarters in Uttara, Dhaka, says a press release.

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Shippers’ Council chairman to attend annual alliance meeting in Bali

Rezaul Karim, chairman, Shippers’ Council of Bangladesh and vice-chairman, Asian Shippers’ Alliance left Dhaka for Bali, Indonesia on Sunday for attending Asian Shippers’ Alliance and Global Shippers’ Alliance annual meeting scheduled to be held on November 5 to 7 at the   Discovery Kartika Plaza Hotel, Bali, Indonesia organised by Indonesia National Shippers’ Council.

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US Fed official backed rate pause because inflation ‘too high’

A senior member of the US Federal Reserve on Friday said he voted against cutting interest rates this week because inflation was ‘too high’ for comfort. Kansas City Fed president Jeff Schmid was one of two people who dissented on Wednesday’s vote, at which the US central bank backed a quarter percentage-point rate cut...

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Iranian tech prodigies battle it out with robots

Two machines resembling robotic vacuum cleaners sped around a ring colliding, shooting sparks and catching fire, as Iranian engineering students watched from behind plexiglass.

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Trump rejects resuming Canada trade talks

US President Donald Trump on Friday flatly rejected any resumption of trade negotiations with Canada, one week after interrupting talks amid a dispute over an anti-tariff advertisement.