Facebook signs first deal to buy renewable energy in India

Facebook has signed a deal to buy renewable energy in India from a local firm’s wind power project, the social media giant’s first such deal in the South Asian nation, the companies said on Thursday.
15 April 2021

Indonesia’s exports, imports grow more than expected

Indonesia’s exports surged in March due to higher commodity prices and rebounding global demand, while imports also grew by more than expected last month as domestic manufacturing activity improved, statistics bureau data showed on Thursday.
15 April 2021

Strong cybersecurity to build trust in a digital world

Among perennial issues such as geopolitical, economic, climate and health, one of the biggest challenges for countries today is cybersecurity.
13 April 2021

Garlic farmers not getting fair prices

The production of garlic, one of the most essential seasonings, is increasing every year with farmers of Chalan Beel in the northern Natore and Pabna districts this year accounting for around half of that grown in the country.
13 April 2021

Restaurant workers demand cash support

Restaurant workers yesterday demanded cash support and food rations from the government in order to survive the week-long “hard lockdown” beginning today.
13 April 2021

March cost more

Consumers had to shell out more in March to purchase goods and services owing to an increase in food and non-food prices, shows data of the Bangladesh Bureau of Statistics (BBS) released yesterday.
13 April 2021

Stocks keep gaining

The stock market continued to rise for the second consecutive day yesterday thanks to the higher participation of investors, who came in large numbers to take benefit of the low and lucrative prices of shares.
13 April 2021

Strictly follow health safety rules

The government, trade bodies and garment union leaders strongly advised factory owners to strictly follow health safety rules in operations of production units so that workers are not infected with Covid-19 during lockdowns.
13 April 2021

Govt mulls using IoT, AI in 100 villages

The government aims to use modern technology to boost agricultural and aquaculture production in 100 villages across Bangladesh, according to Zunaid Ahmed Palak, the state minister for ICT.
13 April 2021

Another bitter Baishakh for sweet shops

Pahela Baishakh, the first day of the Bangla calendar, is the busiest day for sweet makers in Bangladesh as customers throng outlets to buy delicious items.
13 April 2021

Govt decides to keep banks open after mass confusion

Khaza Hasan Chisty, a small business owner, yesterday spent more than an hour around noon at the Tejgaon branch of Dutch-Bangla Bank in the capital to withdraw cash so that he does not face any liquidity shortage during the hard lockdown starting from today.
13 April 2021

Informal workers slip through the cracks again

Workers of the urban informal sector, which has been largely ignored despite the devastating pandemic for more than a year, are facing a fresh onslaught of adversities amid a surge in coronavirus infections.
13 April 2021

Mitsubishi Motors to cut output in Japan, Thailand

Mitsubishi Motors Corp will cut production by a combined 7,500 vehicles at three plants in Japan and Thailand in April, it said on Monday, citing chip shortages.
13 April 2021

BASIC Bank launches WhatsApp banking

State-owned BASIC Bank on Monday rolled out a WhatsApp-based banking service informing of account balance and last five transactions.
13 April 2021

German investor confidence falls as virus curbs drag on

German investor sentiment fell in April for the first time since November as Europe’s top economy feels the strain of a relentless third coronavirus wave, data showed Tuesday.
13 April 2021

Grab agrees world’s biggest SPAC merger, valued at $40b

Southeast Asia’s biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with US-based Altimeter Growth Corp in a deal that gives Grab an initial proforma equity value of about $39.6 billion and will lead to a public listing
13 April 2021

Biden’s chip dreams face reality check

To understand President Joe Biden’s challenge in taming a semiconductor shortage bedeviling automakers and other industries, consider a chip supplied by a US firm for Hyundai Motor Co’s new electric vehicle, the IONIQ 5.
13 April 2021

Boutiques in a bind

Boutique operators in eight northern districts are worried about their survival as they now fear counting huge losses for the second year in a row due to the ongoing pandemic.
12 April 2021

Commodity prices to remain stable in Ramadan

The country has an adequate supply of essential commodities and so, there is no chance of an unusual price hike when the demand for these products balloon during Ramadan, according to the Department of Agricultural Marketing (DAM).
12 April 2021

Local power solution providers up their game

The market for the equipment used in power generation, distribution and transmission is growing very fast in Bangladesh in keeping with expanding electricity production and consumption.
12 April 2021