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Economy

edotco ties up with Qubee

WIMAX operator Qubee inked a deal with Infrastructure service providing company edotco Bangladesh to extend its coverage across the country, reports BSS.  The agreement will help Qubee to share additional passive infrastructure with edotco for their upcoming network roll-out. The ...

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Fitch downgrades Greece amid bailout uncertainty

Athens — The ratings agency Fitch has downgraded Greece’s sovereign rating amid growing uncertainty over the new government’s pledge to overhaul reforms needed to restart bailout loan payments and avoid default, AP reports.  The agency late Friday said it had ...

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Port, Airport, SEZ Projects to Launch

Jakarta. President Joko Widodo is scheduled to inaugurate groundbreaking infrastructure projects worth $2.69 million in Manado, North Sulawesi in May, according to the governor on Thursday, according to Investor Daily. North Sulawesi Governor Sinyo Harry Sarundajang, who accompanied the president ...

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Banks extend hands for freedom fighters’ welfare

The country’s banking sector has extended helping hands for the welfare of the country’s freedom fighters and their family members, reports BSS.  With policy and financial supports from the authorities concerned, many banks are now closely working with various organisations ...

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BB boss for expansion of CSR activities

Urges enduring investments  from one-off activities WT24 Desk Bangladesh Bank (BB) Governor Dr Atiur Rahman on Tuesday suggested the private sector organisations to expand their CSR (Corporate Social Responsibility) from one-off activities to enduring investments.  Addressing a seminar on “Role ...

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Oil prices down in Asian trade

SINGAPORE – Oil prices fell in Asia today following disappointing manufacturing data out of top energy consumer China, and as dealers await fresh US economic figures, analysts said, AFP reports.  US benchmark West Texas Intermediate eased 44 cents to $47.01 ...

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NBR summons Yunus

He owes nearly Tk 140 million in unpaid taxes The National Board of Revenue has summoned Muhammad Yunus to collect nearly Tk 140 million in taxes due from the Nobel laureate.The NBR in a letter sent recently asked Yunus to ...

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