Current News

Garment workers can expect to receive their Eid bonus by the end of this month and two-third the salaries for May by June 2 as the government looks to avoid any labour unrest that invariably flares up before the festival. If the factory owners want they can pay the salary …

Bangladesh is progressively becoming an important market for the US’s tree nuts, mainly almond, thanks to the country’s rising income and expanding food and beverage industry, said a report by the US Department of Agriculture (USDA). “Consumers’ attitude towards nut consumption is closely related to socio-economic condition,” said the report, …

China berated the United States for “bullying” Huawei on Thursday as Panasonic joined a parade of foreign companies reviewing their ties with the telecom giant after a US ban linked to security concerns. Beijing also warned that Washington must show “sincerity” for trade talks to resume after President Donald Trump’s …

Europe’s antitrust chief said on Wednesday she did not see any problems with the way Google was complying with her order to boost competition in online shopping, brushing aside complaints from some of the U.S. company’s rivals. Hit with a 2.4-billion-euro ($2.7 billion) EU fine two years ago for unfairly …

Bangladeshi garment makers received one of the lowest prices in the world last year due to a lack of value-added apparel items, lack of negotiation skills, and image crisis. Among the garment trading nations in the world, Bangladeshi garment items were paid $2.79 per unit or per square metre equivalent …

Television brands and retailers are expecting good sales in the run up to the ICC Cricket World Cup, which is all set to begin in England and Wales on May 30. Cricket fans in Bangladesh will be glued to TV sets to watch live their beloved national team compete with …

The telecom regulator is yet to appoint auditors to conduct financial and technical inspection of Banglalink and Airtel’s system even though the formal process has started more than a year and a half ago due to irregularities within the institution itself. The Bangladesh Telecommunication Regulatory Commission (BTRC) had invited expression …

The US has hit China where it hurts by going after its telecom champion Huawei, but Beijing’s control of the global supply of rare earths used in smartphones and electric cars gives it a powerful weapon in their escalating tech war. A seemingly routine visit by President Xi Jinping to …

US President Donald Trump says China pays the tariffs he has imposed on $250 billion of Chinese exports to the United States.  But  that is not how tariffs work. China’s government and companies in China  do not pay tariffs directly. Tariffs are a tax on imports. They are  paid by …

Just two months ago, Biman Bangladesh Airlines shelled out $559,000 (Tk 4.7 crore) for thorough upkeep of a Bombardier Dash-8 Q400 aircraft in the hope that it would fly without any trouble for the next two years. But fate had other plans: on May 8 the 74-seater aircraft skidded off …