Oil prices made rapid gains overnight as geopolitical tensions surged between Saudi Arabia and Iran, sparking fears of a conflict that could disrupt supplies from two major producers. But prices retreated slightly in early Asian trade on Tuesday as traders…
Asia and the Pacific is leading a recovery in world trade amid the continued uncertainty surrounding the global trade policy environment. This year’s Asian Economic Integration Report introduces a new composite index to gauge the progress of regional cooperation and…
Malaysia Digital Economy Corporation (MDEC), the country’s government-backed agency in promoting digital economy, is in talks with several e-commerce players for possible tie-up to enhance the Digital Free Trade Zone (DFTZ). The government body is in negotiations with e-commerce players…
US business schools are beefing up training in the software that underlies digital currency bitcoin, a technology expected to be a game changer in many industries. The move makes sense as more students seek careers in financial technology, or “fintech,”…
Dhaka – President Abdul Hamid on Saturday inaugurated a two-day International Workshop on `Revival of Waqf for Socio-Economic Development’ on 04 November as Chief Guest at the Pan Pacific Sonargaon Hotel Dhaka.
US unemployment fell to its lowest level in nearly 17 years in October, according to data released Friday, which President Donald Trump said was proof his policies were bearing fruit. Job creation resumed climbing after two late-summer hurricanes hit the…
Geneva, 2 Nov (Kanaga Raja) – Highlighting the use of compulsory licenses by countries such as the United States, Germany and most recently Malaysia in order to gain access to amongst others affordable essential medicines, several major developing countries including…
Danielle Nierenberg The following is an edited excerpt from Replenish: The Virtuous Cycle of Water and Prosperity by Sandra Postel, published by Island Press.
Bangladesh will raise its voice at the Conference of the Parties (COP-23) to mount pressure on the global communities to make them extend financial and technical supports to the developing countries for coping with the negative impacts of global climate…
World stocks were mostly upbeat Wednesday with the Dow rising, Tokyo hitting a two-decade peak and Frankfurt leading Europe higher as the Federal Reserve offered an upbeat appraisal of the US economy.Well-perceived corporate earnings were behind much of equity markets’…
By Jomo Kwame Sundaram and Zera Zuryana Idris Kuala Lumpur, Oct 31 (IPS) – Although quite selective, targeted, edited and carefully managed, last year’s Panama Papers highlighted some problems associated with illicit financial flows, such as tax evasion and avoidance.…
The weeklong Income Tax Fair-2017 kicked off in the capital and other parts of the country today with a revenue collection target of more than Taka 3,000 crore and to facilitate individual taxpayers to complete tax related procedures including filing…
Non-oil growth is expected to drive economic recovery in the United Arab Emirates (UAE) and Saudi Arabia, the two economic powerhouses in the Middle East, said a senior official of the International Monetary Fund (IMF) on Tuesday. The International Monetary…
Chinese manufacturing expansion slowed in October after two consecutive months of acceleration, official data showed Tuesday, as weak demand weighed on the world’s second-largest economy. The manufacturing purchasing managers’ index (PMI), a gauge of factory conditions, stood at 51.6 in…
Asian stocks markets were largely flat in early trade on Monday as investors braced for key earnings reports and US President Donald Trump’s announcement of the new Federal Reserve chair. Hong Kong and Tokyo shed early gains after traders—boosted by…
Chinese billionaires are boasting about their Marxist bonafides. The Communist Party is tightening its grip on state-owned companies. And foreign companies are being asked to invite party cells into their offices. Under President Xi Jinping, the country’s ruling party is…
Asit K. Biswas and Kris Hartley Singapore – Last month, the Bill & Melinda Gates Foundation released a status report tracking progress on the United Nations Sustainable Development Goals (SDGs). The data, which were meant to highlight efforts to eradicate…
City planning in Bangladesh needs to be done in a more sustainable way so that the rapidly urbanising parts of the country have the necessary infrastructures and services to make them good places to live in, the World Bank said…
Venezuela’s state oil company, which controls the world’s largest crude reserves, said Friday it had begun paying $842 million in partial repayment of a debt bond maturing in 2020. A default for PDVSA would have been disastrous at a time…
By Paloma Duran UN, Oct 27 (IPS) – What you eat doesn’t only affect your own health – it also affects our planet’s health. From deciding which food to buy, to how you store and prepare it, you are making…
Dhaka, Oct 27 – The government has taken a number of initiatives, including setting up of technical training centres, specialised hospitals, residential schools, housing projects and a specialised insurance company, for the welfare of Bangladeshi expatriates who are greatly contributing…
Dhaka – Bangladesh is expected ink a $554 million loan deal with China to build a deep-sea single point mooring with an aim to cut the time and cost of offloading fuel oil from tankers, bdnews24.com reported Friday night. The…
David Harding AFP Doha (AFP) – World Cup 2022 host Qatar, under global scrutiny over its alleged ill-treatment of foreign workers, has agreed to a range of labour reforms including the introduction of a minimum wage.
Dhaka – Leaders of global civil society organisations at a seminar in Dhaka yesterday expressed their concerns as what they said spaces for CSOs are shrinking in the global development processes.
Transparency International Bangladesh (TIB) has voiced concern over the World Bank’s loan offer to Bangladesh to deal with the challenges emerged after Rohingyas took shelter in Bangladesh amid persecution in the Rakhine State of Myanmar. In a statement on Thursday,…
European Central Bank governors are expected Thursday to begin weaning the eurozone off the high doses of support they prescribed in recent years, but they remain far away from reaching their elusive inflation target. With healthy growth and sinking unemployment,…
Dhaka, Oct 26 – Prime Minister Sheikh Hasina on Thursday said that the continuity of the government is ‘very much indispensable’ to maintain the continuity of the development activities in the country.
Finance Minister AMA Muhith on Wednesday said the country is now having a very serious problem with its economic management following the huge influx of Rohingyas into Bangladesh. “Right now, we’ve a very serious problem with our economic management as…
Saudi Crown Prince Mohammed bin Salman announced plans to build a new city on the Red Sea coast, promising a lifestyle not available in today’s Saudi Arabia as he seeks to remake the kingdom in a time of dwindling resources.…
The capital Dhaka witnessed construction of six flyovers since 2009 while Prime Minister Sheikh Hasina is expected to open one more of the structures to further ease the city’s notorious traffic congestions. Officials said six flyovers, with Mayor Hanif being…