DHAKA: Air France plans to cancel an unspecified number of flights as the result of possible national strike action planned on May 3-30 by pilots union SNPL The airline said on Tuesday, reports The Straits Times. ‘This strike action is unusual both for its significance, lasting nearly

DHAKA: Airtel, one of the mobile phone operating companies in Bangladesh, is providing nothing but razzle-dazzle, ‘close but no cigar’ in the name of service to the consumers. The company has sold a large number of SIM cards across the country without setting up a network of its own.

DHAKA: Rajeev Suri, an Indian national, has been selected on Tuesday as the new Chief Executive Officer (CEO) of the world’s largest mobile-phone company Nokia, which is ready to become tagged as “Microsoft Mobile’ at any moment. The Times of India reports on the same day. It said

DHAKA: The government has signed a memorandum of understanding (MoU) with Malaysia to implement three projects, including a 13-km long flyover. The MoU was signed on Tuesday. Sources said Malaysia will construct a flyover from Santinagar to Mawa-Jhilmil project. Besides, several

DHAKA: Prime Minister Sheikh Hasina, also ruling Awami League president, on Tuesday sought more German cooperation for the development of Bangladesh. “The government is working relentlessly in ensuring better life for the people of Bangladesh. So, we seek more support of the German

DHAKA: Around 20,000 Cambodian garment workers have joined a strike to demand a US$50 bonus for shunning walkouts over the last three months, a union official said on Monday, in the latest labour dispute to rattle the kingdom's lucrative but troubled garment sector.   Workers at around

DHAKA: Bangladesh Unnayan Parishad (BUP) awarded a crest to Finance Minister AMA Muhith on occasion of his 80th birthday on Monday. The crest was awarded by BUP in its anniversary function at a conference room of Dhaka University’s Senate Bhaban. Muhith said BUP is working for last

DHAKA: Country’s stock market marked fall again in its price indices on Monday. The key index of Dhaka Stock Exchange, DSEX, shed over 41 points only to stand at 4,624 at the close on the second trading day of the week. Trade deals stood at 89,173 with volume of transactions at Tk

DHAKA: None would be allowed to establish any industrial factory in the capital, while the government would provide facilities to investors to setup factories outside Dhaka. Finance Minister AMA Muhith came up with the assertion while addressing a pre-budget conference at NEC Hall Room

DHAKA: Finance Minister AMA Muhith set a budget of Tk 250,000 crore for the fiscal year 2014-15 in the country. The amount of the budget was less than Tk 92,000-93,000 crore that was in five years back. The finance minister came up with the disclosure at NEC conference room-2 in a

DHAKA: Investors witnessed sharp fall in the benchmark indices of the country’s bourses on Sunday. The DSE broad index shed over 36 points to stand at 4,666 at the close on the first trading day of the week. Trade deals stood at 87,412 with transaction at Tk 4,338 million. Of the

DHAKA: The 1st Annual General Meeting (AGM) of the shareholders of Midland Bank Ltd held at a city hotel on Saturday, said a press release.M Moniruzzaman Khandaker, Chairman of the bank presided over the meeting. The news release added that a number of directors and sponsors of the Bank

DHAKA: Executive Chairman of Board of Investment Bangladesh Dr Syed Abdus Samad revealed that Bangladesh has received Foreign Direct Investment (FDI) worth $ 1.78bn in 2013, registering 37.5% higher than 2012.      This was disclosed according to provisional figures compiled by the

DHAKA: A delegation of World Bank Group’s member Multilateral Investment Guarantee Agency (MIGA) arrived here on Friday night, said a WB release on Saturday.The delegation led by MIGA executive vice president Keiko Honda will meet the high officials at government’s different level

DHAKA: Unnayan Onneshan (UO), a research organization, has observed that the remittance inflow decreased by seven percent during the period of July, 2013 to February 2014.The low remittance inflow will adversely affect the villages of the country, the organization observed. The UO warns

DHAKA: Speakers at a high-level event to commemorate One Year after Rana Plaza, reiterated their commitment to working together to ensure safety and rights for workers in the ready-made garment (RMG) sector in Bangladesh. Expatriate Welfare and Overseas Employment Minister Khandker

DHAKA: Campaigners are planning to mark the anniversary of the Rana Plaza disaster in Bangladesh by forming a human chain on London’s busiest shopping street while urging retailers to be more transparent about their supply chains.Trade union activists will join pressure groups as part

DHAKA: The Omron Healthcare Bangladesh Ltd. started providing services through a formal inauguration taken place at Ruposhi Bangla Hotel in the city.Health Minister Mohammed Nasim MP was present in that occasion as Chief Guest. Omron Healthcare is the World`s leading manufacturer for

DHAKA: Asian Development Bank (ADB) is providing a loan aid of 25 crores US Dollars for the sake of the capital’s pure drinking water. ADB is providing this loan assistance under the project of “Dhaka Environment Friendly Sustainable Water Supply.”A deal was signed at the auditorium

DHAKA: Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) authorities Wednesday proposed to raise the amount of tax exemption upto Tk 50,000 on the profit at stock markets in stead of Tk 10,000.Authorities of two bourses of the country made the proposal, along with some other