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China has more ‘unicorn’ start-ups than US

China has the world's largest number of ‘unicorns,’ privately-held start-up firms valued at more than $1bn ($771m), according to a new report. The country has produced 206 unicorns while the US has 203, the China-based Hurun Institute reported. Together the...

A four-day ‘Heritage Handloom Festival-2019’ will kick off on Wednesday in the city aimed at promoting local handloom products and protecting the extinction of traditional items. SME Foundation and Association of Fashion Designers of Bangladesh (AFDB) with the support of Ministry of Cultural Affairs are jointly organising the festival for the second time at the hall room of Khazana Gardenia in the city’s Gulshan 2 area. Planning Minister MA Mannan is expected to inaugurate the festival as the chief guest on the day. The announcement came at a press conference at a city hotel on Monday, jointly organised by SME Foundation and the AFDB. Managing Director of SME Foundation Md Shafiqul Islam and AFDB President Mantasha Ahmed, among others, also...

Premier Bank inks deal with CPTU

The Premier Bank Limited has signed an agreement with Central Procurement Technical Unit (CPTU), IMED, Ministry of Planning to renew e-GP (electronic government procurement) to provide E-Payment service to the different govt./semi govt. organization procurement.  Mr. Md. Ali Noor, Director...