By Catherine Wilson Canberra, (IPS) – Fourteen Pacific Island Forum countries are currently locked in negotiations with their two largest economic neighbours, Australia and New Zealand, to forge a new regional free trade agreement called ‘PACER Plus’, which supporters believe…
Prices of broiler chickens have increased as much as Tk 10 per kilogramme in Chittagong before Ramadan, the Muslim month of fasting.But prices of essentials have remained stable.
The Union Cabinet in Delhi, chaired by Indian Prime Minister Narendra Modi has given its approval to the ‘Agreement on Coastal Shipping between Bangladesh and India’ to carry out coastal movement of goods between the two countries. Trade between India…
Onion prices have dropped from last week, but consumers say prices of the staple should be lesser in the beginning of the season.On Friday, local onion was sold at Tk 40 to 42 per kilogram, which is Tk 5 to…
Bangladesh Bank has increased the limit of foreign currency deposit in Export Retention Quota (ERQ) account. Bangladesh Bank Foreign Exchange Policy Department on Tuesday has said in a circular that ERQ account limit has been increased by 5 to 10…
Finance Minister AMA Muhith on Monday said the import of reconditioned hybrid cars is set to get the green signal in the budget for fiscal 2015 -16. He said this when a delegation of Bangladesh Reconditioned Vehicles Importers and Dealers…
Bumper output of mango in the Chittagong Hill Tracts (CHT) region has brought smile on the faces of the local farmers, who are cultivating the juicy fruit this season.After meeting the local demand, a huge quantity of different varieties of…
Crude oil futures edged lower towards $65 a barrel as the dollar strengthened on Monday, with a public holiday in the United States and much of Europe keeping trading muted.Front-month Brent crude shed 17 cents to $65.20 a barrel by…
A Telenor Group research has revealed that senior citizens of Asia are not fully receiving benefits of mobile phone and internet.Data collected from its four Asian markets, including Bangladesh, also suggested that the senior segment in some of these markets…
Foreign Minister Abul Hassan Mahmood Ali has urged the US businesses to invest in Bangladesh and take advantage of its “enhanced” regional connectivity.He said Bangladesh will eventually become a hub in the network of distribution channel linking all the rising…
The National Board of Revenue detectives are seeking details of accounts Transcom Group Chairman Latifur Rahman and his wife Shahnaz Rahman hold with banks.The group owns Bangla daily Prothom Alo and English broadsheet The Daily Star.
Oil slipped on Monday as a rallying dollar and concerns of growing oversupply weighed on the market after Saudi Arabia reported its highest crude exports in nearly a decade.Crude oil futures erased early gains of more than $1 a barrel…
ICICI Bank Ltd, India’s biggest private sector lender by assets, on Saturday opened its first branch in China as trade between Asia’s two key economies flourishes.
Finance Minister AMA Muhith has hinted that tax at source for readymade garment (RMG) export might be increased in the next budget.At a pre-budget discussion in Dhaka on Friday, he said the government was also considering revising the ‘cash incentives’…
A global oil glut is building as OPEC kingpin Saudi Arabia pumps near record highs in an attempt to win a market-share battle against stubbornly resistant US shale production, the International Energy Agency (IEA) said on Wednesday.The West’s energy watchdog…
The signing of Trade and Investment Cooperation Forum Agreement (TICFA) between Bangladesh and the US will be rendered meaningless unless the country’s products get duty-free access to the American market, Commerce Minister Tofail Ahmed has said.”We signed the TICFA to…
BNP on Monday alleged that the government is importing duty-free rice affecting the country’s farmers only to create scopes for pro-ruling party businessmen to make quick buck. “On one hand the government is carrying out propaganda that it has attained…
Dhaka Stock Exchange (DSE) has seen a 3.7 percent rise in its broad index defying the slump over the last few weeks.The capital market last week showed signs of recovery following assurance from Securities and Exchange Commission to aid broker…
Political unrest in the first three months of the year hit Grameenphone’s business, the mobile-phone operator says.Chief Executive Rajeev Sethi released the company’s financial statement for January-March period at a press conference at The Westin on Monday.
Bangladesh has invited Thailand’s biggest energy firm to bid for exploration in the Bay of Bengal, to which the Forbes Global 500 firm has responded positively, an official statement in Dhaka said.
Mango growers and officials are expecting a bumper production of the most popular fruit in the region this year if climatic conditions remain favourable.
Executive Director of the Bangladesh German Chamber of Commerce and Industry (BGCCI) Daniel Seidl has said that corporate social responsibility requires “a responsible mindset at all levels”.
Oil rose more than 3 percent on Thursday, pushing Brent crude to a 2015 high above $63 per barrel on increasing evidence that US production is peaking, balancing a market that has been in heavy oversupply for more than a…
By Debasis Sarkar Mango hotspot Malda in West Bengal is expecting exceptionally high level of production this year. But the delight comes riding a major worry for post harvest stage as export option to Bangladesh, one of the largest consumption…
The central bank has warned five state-owned banks over their failure to make headway in prevention of money laundering and terror finance.
South Korea has shared its experiences on development of intellectual property with Bangladesh government.
Myanmar may supply enough onions to fill the demand-supply gap in Bangladesh, a top Myanmar official has said.
The chief executive of Wal-Mart Stores Inc has emerged as an unlikely voice for gay rights after the Arkansas governor heeded his call on Wednesday to reject a much-criticised bill.
The Bangladesh-China-India-Myanmar (BCIM) economic corridor and China’s proposed ‘Silk Road Economic Belt and 21st-Century Maritime Silk Road’ are “closely” related, Beijing says as it has unveiled action plans on this joint ‘Belt and Road Initiative’.
The central bank has asked all banks to keep open their branches in Dhaka and Chittagong next weekend to facilitate submission of deposits by candidates in the city corporation polls.