Industries Minister Amir Hossain Amu on Wednesday said despite a global conspiracy against Bangladesh’s readymade garment (RMG) sector, it is continuously maintaining a positive trend. “There was a global conspiracy against our RMG sector and still there is. However, our…
The U.N. Security Council unanimously approved tough new sanctions Saturday to punish North Korea for its escalating nuclear and missile programs including a ban on coal and other exports worth over $1 billion — a huge bite in its total…
The cost of imported LNG is likely to be Tk 11.50 per unit (each cubic metre) as the government has finally exempted all kinds of duties on it. After a huge debate over duty exemption between the National Board of…
by Brendan Donnelly David Davis has been criticised in some quarters for spending only two hours in Brussels this week negotiating with Michel Barnier before returning hurriedly to London. This criticism is misplaced. As Secretary of State for Exiting the…
Global smartphone demand totalled 347 million units in 2Q17, up four percent year-on-year. This makes it the strongest second quarter on record. Emerging Asia led the demand growth with a 13 percent year-on-year increase, followed by Central and Eastern Europe…
By Martin Khor Penang, Malaysia, Jul 22 (IPS) – The Asian financial crisis started 20 years ago and the global financial crisis and recession 9 years back. When a new global financial crisis strikes, the developing countries will be more…
New York, Jul 21 (AP/UNB)- A bag containing traces of moon dust sold for $1.8 million at an auction on Thursday following a galactic court battle.
AKM Moinuddin, UNB Staff Writer Dhaka, Jul 16 – Bangladesh and Sri Lanka are giving a ‘serious look’ at a possible deal on coastal shipping to save both the transshipment cost and time boosting the competitiveness in the global market…
Sri Lankan President Maithripala Sirisena on Saturday attended a trade and investment event before leaving Dhaka that discussed ways to have greater trade and investment cooperation between the two countries.Bangladesh and Sri Lanka want to see their two-way trade volume…
Bangladesh and Sri Lanka agreed to enter into a free trade regime by this year.The two countries reached to the decision during official talks between Sri Lankan President Maithripala Sirisena and Bangladesh Prime Minister Sheikh Hasina here today.
Politics brings out strong emotions in everyone. Even the British, despite their reputation for pursuing their interests in a cool and calm fashion, apparently are not immune. Perhaps that reputation is merely a holdover from the long-gone British Empire. It…
Paris, Jul 13 (AP/UNB) — A French court annulled a 1.1 billion-euro ($1.27 billion) tax adjustment imposed on Google by France’s tax authorities, saying Wednesday that the way the California firm operates in France allows it to be exempt from…
Washington, Jul 13 (AP/UNB) – As the Gulf crisis drags into a second month, a four-country boycott of Qatar is raising questions about whether American businesses that follow suit could unwittingly run afoul of U.S. anti-boycott laws.
Geneva, 5 Jul (D. Ravi Kanth) — The European Union and Brazil opposed the elimination of a range of green box direct payments for cotton as demanded by the Cotton-4 countries – Benin, Burkina Faso, Mali, and Chad – in…
Dhaka – Heavy overnight rains crippled the life in Dhaka as most of the roads, lanes and bylanes of different parts of the capital went under ankle to knee-deep water, causing immense hardship to the commuters and city dwellers. The…
Dhaka, July 11 – Officials of Customs intelligence and Investigation Directorate (CIID) at Hazrat Shahjalal International Airport seized 19 more illegally imported firearms from the Air Cargo unit of the airport on Tuesday.
Hamburg, 7 Jul (D. Ravi Kanth) – As the G20 leaders began their stormy meeting amid violent protests on the streets of Hamburg, serious existential challenges continued to dominate the meeting, particularly on the uninterrupted multilateral trade liberalization under the…
Bangladesh exports have grown by a meagre 1.69 percent in the year to June, with its slowest pace in 15 years.Exports fell 15.27 percent year-on-year to $3.04 billion in June, the last month of the fiscal year, according to the…
GMR Upper Karnali Hydropower, the developer of the 900 MW Upper Karnali Hydroelectric Project, is preparing to sign a power purchase agreement (PPA) with the Bangladeshi government to evacuate energy produced by the scheme to Bangladesh via India, GMR officials…
Hong Kong – Shares rose Wednesday, reversing early losses as investors shrugged off concerns over North Korea’s launch of a long-range missile a day earlier. Trading was thin following the U.S. Independence Day holiday. Investors are looking ahead to the…
Dhaka – The government will import some 5 lakh metric tonnes of crude salt to meet the domestic demand, keep its price and supply stable in the market as its local production has marked a fall. -UNB
Geneva (D. Ravi Kanth) — The African Group of countries, particularly the Cotton-four – Benin, Burkina Faso, Mali and Chad – are going to be left high and dry at the World Trade Organization’s eleventh ministerial meeting (MC11) at Buenos…
Yuma, Jul 3 (AP/UNB) – A solar-powered drone backed by Facebook that could one day provide worldwide internet access has quietly completed a test flight in Arizona after an earlier attempt ended with a crash landing.
Dhaka, Jul 2 – Some unidentified miscreants hacked a trader to death and escaped with his bag full of money on Saturday night at Dolakhola intersection of Monirampur upazila in the district of Jessore.
Washington, Jun 30 (AP/UNB)- The State Department has approved arms sales to Taiwan worth a total of $1.4 billion, the first such deal with the self-governing island since President Donald Trump took office, officials said Thursday.
Dhaka, Jun 28 – Prime Minister Sheikh Hasina on Wednesday said manipulation by dishonest traders is perhaps the reason behind its sudden price hike.
The first consignment of rice from Vietnam is scheduled to arrive in Chittagong within 15 days, said newly appointed Ambassador of Vietnam to Dhaka Tran Van Khoa. The Vietnamese Ambassador said this when he met Prime Minister Sheikh Hasina at…
Brexit Secretary David Davis has said he is entering negotiations on the UK’s exit from the EU in a “positive and constructive” frame of mind. As he began talks in Brussels, he said he was determined to build a “strong…
Tokyo – Global shares were higher Monday after Wall Street ended last week barely higher and investors watched for Brexit talks set to start later in the day. –AP/UNB
Online retail giant Amazon is making a bold expansion into physical stores with a $13.7 billion deal to buy Whole Foods, setting the stage for radical retail experiments that could revolutionize how people buy groceries and everything else. Amazon could…