Business Desk :Grameenphone has struck a deal with telecommunications infrastructure services company edotco Bangladesh to establish more than 500 towers to ensure connectivity to users.The new towers will expand access to data and voice, especially in these ‘unprecedented challenging times’, Grameenphone said in a statement on Tuesday, reports bdnews24.com.“This is a positive start to the towerco regime in Bangladesh,” said Jahurul Haque, chairman of Bangladesh Telecommunication Regulatory Commission.“We commend Grameenphone for their continuous endeavour to meet this increasing demand,” he...
AFP, Washington :US President Donald Trump and Chinese leader Xi Jinping have agreed to meet at the G20 summit in Japan next week, raising hopes for a truce in the bruising trade war between the world’s top two economies.The two leaders spoke on the phone on Tuesday, weeks after negotiations broke down when Trump accused Beijing of reneging on its commitments, hiked tariffs on $200 billion in Chinese goods and then blacklisted Chinese telecom giant Huawei. The US president took...
Business Desk :Heidelberg Cement Bangladesh Ltd suffered losses in the April-June period of 2022 owing to the higher cost of raw materials and freight and the weak taka against the US dollar.The earnings per share were Tk 0.66 in the negative in the April-June period against Tk 3.56 in the same period last year, according to the unaudited financial statements of the company. The EPS was Tk 3.63 in the negative as well in the first half of 2022 against...
Business Desk :Bangladesh Bank (BB) on Tuesday signed a loan agreement of Taka 50 crore with SME Foundation to expand its credit programme.In the presence of BB Governor Fazle Kabir, General Manager of the BB’s SME Department Sheikh M Selim and Managing Director of the SME Foundation M Shafiqul Islam signed the agreement on behalf of their respective sides, said a press release. Among others, BB Deputy Governor SM Moniruzzaman and Executive Director M Abdur Rahim were present at the...
AFP, Tokyo :Flights in Japan were cancelled or diverted on Thursday to avoid a cloud of ash and smoke spewing from an erupting volcano in the south.Japan Airlines and All Nippon Airways warned passengers of “a number of cancellations and changed destinations” on routes involving Kumamoto airport because of the 800-metre (2,600-foot) column of debris from Mount Aso.“Today we cancelled eight flights departing from Kumamoto and four flights arriving there,” a JAL spokesman said.“There was also one flight which changed...
Business Desk :The American Apparel & Footwear Association (AAFA) has signed a Memorandum of Understanding (MoU) with the Bangladesh Garment...
Business Desk :Chittagong Stock Exchange and LankaBangla Securities Ltd signed a Memorandum of Understanding (MoU) agreement to introduce Virtual Trading...
AFP, Tokyo :The euro struggled to recover against the dollar in Asia today after hitting a more than two-year low...