New Age

Number of internet users crosses 9 crore in Bangladesh

Staff Correspondent | Updated at 12:05am on September 21, 2018

The number of internet users in the country crossed 9 crore in August this year as people’s dependency on internet is on the rise. As per the Bangladesh Telecommunication Regulatory Commission’s latest data released on Thursday, the number of internet users in the country increased by 18.14 lakh to 9.05 crore on August 31 this year from 8.87 crore a month ago....
BB awards 29 top remitters, 8 orgs

Staff Correspondent | Updated at 12:05am on September 21, 2018

Bangladesh Bank on Thursday awarded 29 individuals and eight institutions accolades for their highest contribution to the country’s total inward remittance in 2017....
Stocks back to red on bank shares’ sell-offs

Staff Correspondent | Updated at 12:05am on September 21, 2018

Dhaka stocks dropped on Thursday after gaining in the previous two sessions as investors resumed selling shares, especially financial stocks. DSEX, the key index of the Dhaka Stock Exchange, lost 0.69 per cent, or 38.00 points, to close at 5,467.05 points on Thursday after gaining 61.24 points in the previous two sessions....
Norfund to buy MTB stakes, invest Tk 173cr by Dec

Staff Correspondent | Updated at 12:05am on September 21, 2018

Norfund-The Norwegian Investment Fund for Developing Countries is expected to complete its investment of Tk 173.23 crore in Mutual Trust Bank, a Bangladeshi private bank, by December this year....
Nestle aims to shed skin unit to focus on food, nutrition

Reuters | Updated at 12:05am on September 21, 2018

Nestle put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul....
India rice export prices recover

Reuters . Bengaluru | Updated at 12:05am on September 21, 2018

Rice export prices in India recovered this week after demand improved, while rates for the Vietnamese variety eased despite the prospect of orders from typhoon-hit Philippines, as Thai rates were more competitive....
China urges US to show sincerity, correct behaviour in trade actions

Reuters . Beijing | Updated at 12:05am on September 21, 2018

China hopes the United States will show sincerity and take steps to correct its behaviour, its commerce ministry said on Thursday, after both countries slapped new tariffs on each other’s goods this week in an escalating trade war....
FB, Twitter must comply with EU consumer rules or face sanctions

Reuters . Brussels | Updated at 12:05am on September 21, 2018

Facebook and Twitter face sanctions unless they comply with European consumer rules by the end of the year, the EU said as its regulators continue to their crackdown on US social media giants over privacy concerns....