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Bangladesh Railway (BR) is going to receive a record high fund allocation in the next development budget as the quality of its service has been on the decline, insiders said Friday. They said despite substantial fund allocation over the last one decade, the quality of service of the state-owned agency …

Yamaha motorcycles will be manufactured in Bangladesh starting next year, a move which the initiators say will offer competitive prices to bikers. It will take up the rest of this year to set up the manufacturing operations, said FH Ansarey, managing director of ACI Motors, a joint initiative of ACI …

Finance Minister AHM Mustafa Kamal yesterday defended the government’s GDP growth data, saying the rates are based on solid numbers. His remark came a day after the South Asian Network on Economic Modeling (SANEM), a research organisation, called the recent economic growth data “puzzling”, citing that the figures are inconsistent …

Uber shares skidded Friday in a disappointing Wall Street debut following a massive public offering from the global ride-hailing giant. After pricing at $45 for the initial public offering (IPO) — translating to a market value of $82 billion — Uber shares began the trading day lower, and closed with …

At his shop in Jerusalem’s Old City, Palestinian craftsman Issam Zughair makes traditional lanterns for Muslims marking the holy month of Ramadan, battling competition from cheap Chinese imports. Zughair’s shop is decked out with lamps both large and small, some hanging from the ceiling and others displayed outside to draw …