Geneva, 11 Apr (Chakravarthi Raghavan) – While Public-Private Partnership s (PPPs) have the potential to achieve faster policy implementation and ensure good maintenance standards, an audit of such projects in the European Union show s “widespread shortcomings and limited benefits”,…
Along with rising income and wealth inequalities, the share of labour (particularly of unskilled labour) is declining both in rich and poor countries. The institutional factor behind this is, of course, the systematic weakening of labour organisations. Outside of the…
Dhaka, March 28 – The Appellate Division of the Supreme Court Wednesday decided to pass its order on April 2 on a petition filed by Bangladesh Garment Manufacturers and Exporters’ Association (BGMEA) seeking time for demolishing the BGMEA Bhaban in…
Dhaka, March 27 – The Appellate Division of the Supreme Court on Tuesday asked the Bangladesh Garment Manufacturers and Exporters’ Association (BGMEA) to give an undertaking saying that it will not file any more time petition over relocating its office…
The World Bank’s Doing Business Report (DBR) has scored countries according to how well their governments are “improving the business climate” over the past 15 years. The DBR has been criticised for ignoring the social or economy-wide benefits that regulations…
Buenos Aires, Mar 20 (AP/UNB) — Finance ministers and central bankers from the 20 leading industrial and developing countries are meeting in Argentina at a summit that has been eclipsed by growing concerns over the potential of a global trade…
Dhaka – Traffic movement on Khulna-Jessore highway remained halted for an hour on Thursday as the workers of Khulna-based private jute mills blocked the road in Shiromoni area demanding immediate payment of the dues and reopening the closed jute mills.
The EU’s trade commissioner says there is “no immediate clarity” from the US on how the bloc can gain exemption from new tariffs on imported steel and aluminium imposed by President Trump. Cecilia Malmstrom met with the US Trade Representative…
Martin Shkreli, the former drug firm executive found guilty of defrauding investors, has been sentenced to seven years in prison. The 34-year-old wept at a hearing as a federal court judge in Brooklyn, New York, handed down the prison term.…
US President Donald Trump has stepped up his war of words over trade tariffs, threatening to “apply a tax” on imports of cars from the European Union. Mr Trump said other countries had taken advantage of the US for years…
How many people know where their gold and diamond jewelry comes from?How many people consider the human cost of its production?Not many consumers ask these questions, and, shockingly, neither do many of the world’s leading jewelry brands.It’s a trend that…
The South Centre has announced the publication of Investment Policy Brief No. 10 entitled “How international investment agreements have made debt restructuring even more difficult and costly” by Yuefen LI, Special Advisor on Economics and Development Finance of the South…
Geneva (Kanaga Raja) – The Government of Zambia’s policy of turning export-oriented large-scale commercial agriculture into the driving engine of the national economy, in a situation where land protection is weak, runs the risk of pushing peasants off their land,…
Dhaka, Feb 18 – Despite the taking of several steps to expedite the activities including economic performance of the state-owned Bangladesh Jute Mills Corporation (BJMC), the organization has incurred about to Tk 500 crore as loss last year.
The investments with the Islamic banking accounts have increased by 19.03 percent at end of the October-December quarter of 2017 compared to the corresponding period of the preceding year, 2016.
Since the shocks of last October, the entertainment industry has taken a number of helpful steps to try to stop sexual harassment. Harvey Weinstein is no longer in a position to use his power to allegedly coerce actresses sexually. Time’s…
Saudi Arabia’s Shoura Council is set to meet with senior government officials amid concerns a new fee on foreign employees could kill off up to 40 per cent of the kingdom’s small and medium enterprises. Local reports suggest that the…
The biggest carmakers on the planet are posting their sales numbers for 2017 – so who is officially ranked number one? Is it Germany’s Volkswagen Group – which knocked Toyota off the top spot in the 2016 figures? Or one…
Geneva, 25 Jan (Kanaga Raja) – Global foreign direct investment (FDI) fell by 16% in 2017, to an estimated US$1.52 trillion, with the slump in FDI flows to developed countries being the principal factor behind this global decline, the UN…
A new whitepaper on cooling in Southeast Asia finds low public awareness around the importance of energy-efficient cooling for reducing pollution and fighting climate change, and its implications for a more sustainable future for the region.
Hamburg, 24 Jnsusty (PresseBox) – The Hamburg-based CEE reaches a new milestone – with its latest acquisition, the asset manager has increased its portfolio to 50 wind and solar farms. The total capacity of all renewable energy sources under the…
Woman-owned firms engage differently with finance for trade. The barriers they face in starting and running a business are well-known. Yet, this offers little insight into how they finance their business once globalized. Surveys indicate that finance is often the…
Nestle is selling its US sweets and chocolate business to Ferrero Group for 2.7bn Swiss Francs ($2.8bn; £2bn). The Swiss food giant said it was offloading brands such as Crunch, Nerds, Runts and Butterfinger to focus on other products. Italy’s…
by Gerald Holtham There is currently a big debate about productivity growth. Is it as slow as it has been measured or have changes in the economy led to growing measurement errors? If slow growth is real, what causes it?
The government has formed a new wage board to review the existing wages of the garment industry workers.State Minister for Labour and Employment Mujibul Haque Chunnu came up with the information at a press conference at the secretariat on Sunday.Earlier,…
Mr. Mohammad Bhai, a pioneer industrialist in Bangladesh breathed his last at his Gulshan residence on Tuesday 9th January. He was 92.
Seoul, Jan 9 (AP/UNB) — Samsung Electronics said its October-December operating profit jumped 64 percent to a record high, capping off 2017 with the biggest annual operating income and sales in its history thanks to the blockbuster semiconductor business.
Apple has apologised after facing criticism for admitting it deliberately slows down some ageing iPhone models. The company now says it will replace batteries for less and will issue software in 2018 so customers can monitor their phone’s battery health.
Khulna, Dec 27 – Huge raw jute were burnt down in a fire that broke out at two godowns of a jute mill by Bhatpara-Bejerdanga road in Phultala upazila early Wednesday.
Dhaka, Dec 26 – Country’s first-ever mini-garment factory, set up in a jail to facilitate income-generating activities, for prisoners will be opened in Narayanganj on Wednesday.