Hong Kong stocks resumed their upward trajectory on Friday following a one percent drop, but Shanghai extended losses after the previous day’s sudden sell-off. The Hang Seng Index rose 0.50 percent, or 148.94 points, to 29,856.88. The benchmark Shanghai Composite…
Penang, 23 Nov (TWN) — Developed countries’ reluctance to address the modalities for the ex-ante information on public financial resources to be provided to developing countries referred to in Article 9.5 of the Paris Agreement (PA) delayed the closing of…
Two Bangladeshi companies received $1 million grant from the United Nations Department of Economic and Social Affairs (UN DESA) in recognition of a project to spur solar entrepreneurship. The two companies, Grameen Shakti and ME SOLshare, received the grant for…
Stocks saw upward trend on Wednesday as major indices of both Dhaka and Chittagong Stock Exchanges were found finishing upward trend with higher transactions of some large-cap securities. The rising major sectors were travel and leisure, ceramic, engineering and jute.…
Kuala Lumpur, 21 Nov (Jade Chiang and Meena Raman) – Despite the delayed ending of the climate talks at Bonn by nearly a day, developing countries, in welcoming some key decisions adopted at COP 23, also emphatically registered their unhappiness…
Za-Kpota, November ‒ The commune of Za-Kpota, in central Benin, has long had the unfortunate reputation of serving as the support base for child trafficking to Nigeria, where the children are exploited for cheap labour in the Abeokuta stone quarries…
Dhaka – Fazle Kabir, Governor of Bangladesh Bank handed over a crest to Md. Abdul Hamid Miah, Managing Director and CEO of Islami Bank Bangladesh Limited for the Banks being the highest taxpayer in the banking sector in 2016-2017 tax…
BASIC Bank Limited is planning to cut its Non-Performing Loan (NPL) by 30 percent in the next three years as the rate of NPL is now 50 percent of the bank’s total outstanding loans. “We are working to set a…
Stocks continue to maintain upward trend on Monday extending the wining spell for third consecutive sessions in a row, while the prime index of the Dhaka Stock Exchange (DSE) and Shariah index reached a new high on higher transactions.
Asian markets turned lower on Monday as the correction that has hit global equities moved into another week, while the euro faced fresh pressure after German Chancellor Angela Merkel failed to form a government at the weekend. Traders tracked a…
The major price index of Dhaka Stock Exchange (DSE) reached a new high on Sunday on higher transactions. DSEX finished the day with 24.86 points up at 6,306.95 which were the highest after introducing the DSEX on January 27, 2013.
The major price index of Dhaka Stock Exchange (DSE) reached a new high on Sunday on higher transactions. DSEX finished the day with 24.86 points up at 6,306.95 which were the highest after introducing the DSEX on January 27, 2013.…
Saudi officials are reportedly offering businessmen and royal family members detained under a corruption investigation freedom in exchange for their assets. The Financial Times cited sources as confirming the government is demanding up to 70 per cent of some individuals’…
Bangladesh Bank (BB) has created a US$240 million refinancing fund for providing loans to small and medium enterprises (SMEs) at low interest. “Asian Development Bank (ADB) will contribute $200 million, while the government will provide the rest $40 million to…
Untimely floods in Bangladesh have caused food production to drop by 943,000 tonnes in fiscal 2016-17, says the government. The figures by Bangladesh Bureau of Statistics were revealed at a media briefing by Planning Minister AHM Mustafa Kamal on Thursday.
Global stock markets dropped on Wednesday as sliding oil prices and US tax doubts prompted investors to lower their risk exposure, traders said. Equity markets in Frankfurt, London and Paris all fell. Wall Street also retreated, with the broad-based S&P…
Bonn, 16 Nov (Meena Raman)- Parties to the UNFCCC have arrived on a way forward on pre-2020 climate action. In a closed-door informal consultation held on the morning of 15 Nov, COP22 Presidency representative Ambassador Aziz Mekouar from Morocco presented…
The largest diamond ever offered at auction went under the hammer in Geneva Tuesday evening for nearly $34 million, a world record for a gem of its kind, the Christie’s auction house said. The 163.41-carat flawless D colour diamond, suspended…
Rome, 14 Nov – The International Fund for Agricultural Development (IFAD) and the Government of Pakistan have signed an agreement today to improve livelihoods, living conditions and income-generating capacity for 320,000 poor rural households in Pakistan. The programme will be…
The per capita income rose by US$ 145 to US$ 1,610 in fiscal year 2016-17 from US$ 1,465 in FY16, according to Bangladesh Bureau of Statistics (BBS).
Breaking all the previous records, Bangladesh has finally registered the highest-ever 7.28 percent GDP growth in the last fiscal year (FY17). “The GDP growth finally stood at 7.28 percent in the last fiscal,” said Planning Minister AHM Mustafa Kamal. The…
Implementation works of a big project are progressing fast aiming at enhancing the accessibility of the rural people to the markets and economic opportunities in the region with ultimate goal of uplifting their living and livelihood condition. The project being…
The pound sank against its major peers on Monday as British Prime Minister Theresa May’s future looks increasingly uncertain, while Asian equities traders moved cautiously after a recent rally to multi-year highs. Markets have surged in recent weeks—with Wall Street…
Stocks opened the week upward trends on Sunday as major indices of both Dhaka and Chittagong Stock Exchanges rose up on higher transactions. The day’s trade value at DSE increased to Taka 983.49 crore from Thursday’s Taka 870.54 crore and…
By Prof Michel Chossudovsky Global financial warfare as outlined in professor Chossudovsky’s writings. Wall Street Behind Brazil Coup d Etat; The role played by the IMF and World Bank in the economies of debtor nations, The Real Plan in Brazil,…
Shares eased in the first few minutes of Hong Kong trade Friday, in line with a broad Asian sell-off following losses on Wall Street. The Hang Seng Index dipped 0.17 percent, or 49.53 points, at 29,087.04. The benchmark Shanghai Composite…
National Board of Revenue (NBR) gave ‘Kar Bahadur Paribar’ award to 84 families and ‘Tax Card’ to 141 individuals and organizations to encourage people to pay tax. Finance minister AMA Muhith and state minister for finance and planning MA Mannan…
US and Chinese companies signed nearly 20 deals worth a total $9 billion on Wednesday at the start of President Donald Trump’s state visit to Beijing. US Commerce Secretary Wilbur Ross and Chinese Vice Premier Wang Yang oversaw a signing…
Dhaka – The Executive Committee of National Economic Council (ECNEC) on Tuesday approved the “Smaller water resources development (2nd phase)” project involving an estimated cost of Tk 1,285.96 crore in a bid to boost agricultural production and thus increase incomes…
Stocks maintained upward trends on Tuesday as major indices of both Dhaka and Chittagong Stock Exchanges rose up on higher transactions. The day’s trade value at DSE increased to Taka 744.50 crore from Monday’s Taka 671.99 crore and the daily…