By Cao Yin(China Daily) Lawmakers from Asian and African nations, along with some representatives of international institutes, said on Sunday that they would welcome more cooperation to help the poor, as poverty reduction is key to their sustainable development. And…
Asian markets mostly rose Monday as traders gear up for huge central bank meetings in the US and Japan this week, hoping authorities press on with their loose monetary policies. Concern that years of cheap cash could be coming to…
Bharti Airtel – which has been engaged in an interconnectivity tiff with Reliance Jio – on Saturday said it has received payment from the new entrant for additional points of interconnect, and sought Jio’s cooperation for timely testing and commissioning…
World oil prices sank lower this week on gloomy market forecasts, profit-taking and ever-present worries over the global supply glut, ahead of a producers’ meeting on September 26-28. The Paris-based International Energy Agency (IEA) set the tone on Tuesday, warning…
Rome – Economic growth is not enough to save those threatened daily with starvation. Governments need to tailor policies and investments to transform rural areas in developing countries if they want to eliminate poverty, according to a new global study…
Manila (Hilary Chiew) – Developing countries expressed their deep concerns that discussions on financial instruments to address loss and damage associated with the adverse effects of climate change are overly focused on addressing the risks of loss and damage rather…
Dhaka – Finance Minister AMA Muhith on Monday said the government is planning to bring those who earn Tk 16,000 or more a month under the tax net from the next fiscal year, UNB news agency reported. He came up…
Dhaka – With two decades of six percent growth per year, Bangladesh is on track to become a top-30 economies by 2030 despite ‘serious’ security challenges, says the United States.
New Delhi – With two decades of six per cent growth per year, Bangladesh is on track to become a top-30 economies by 2030 despite ‘serious’ security challenges, says the United States. “Bangladesh, while facing serious security challenges, has gone…
Oil prices retreated Friday, taking a chunk out of the previous day’s rally as investors digested data suggesting last week’s plunge in US stockpiles was likely a one-off. Both main contracts soared more than two dollars Thursday after the energy…
The broader index of Dhaka Stock Exchange (DSE) crossed the 4600-point mark to close the week on Thursday. The other indices of the bourse, however, ended flat in red due to sell pressure on group specific shares. The major index…
g20- As leaders from the Group of Twenty (G20) gathered for their 11th Summit in Hangzhou, China, on 4-5 September, there was no shortage of pressure from non-state actors for the Group to place climate change and related issues prominently…
Dhaka – The Appellate Division of the Supreme Court on Wednesday stayed for two months the High Court order that declared illegal the government’s two gazettes imposing 15 percent tax on private universities, private medical, dental and engineering colleges, UNB…
Investment in technology is needed to make the country’s apparel industry more competitive, sustainable and profitable towards attaining US$ 50 billion export goal by 2021, speakers at a seminar said. Besides, infrastructure bottle necks and capacity constraints, which are the…
The global economy is in transition. Anywhere you look in the world, you can see this. From private companies embracing clean technology and clean energy, to countries putting sustainable growth at the center of national planning, the drive is toward…
Vietnam carriers bought 40 airplanes worth $6.5 billion from France’s Airbus Tuesday, as President Francois Hollande visited the communist nation to drum up business ties. Low-cost private airline VietJet, known for its bikini-clad hostesses, bought 20 planes while national carrier…
Bangladesh Bank (BB) has asked all scheduled banks to keep open the branches located in industrial zones, especially those are connected with apparel factories on September 10 and 11 to facilitate payment of salary, bonus and other allowance of apparel…
The China-led Asian Infrastructure Investment Bank (AIIB) recently created some surprise when it claimed credit for green financing by citing an electricity transmission project it is funding in Bangladesh.The move openly flaunts arguments by environmental activists who oppose moves to…
US stocks closed higher Friday after the US August jobs report came in short of forecasts, lowering the likelihood that the Federal Reserve would hike interest rates later this month. Markets took the lower-than-expected 151,000 jobs created—compared to the 190,000…
It’s been almost one year since heads of state and government adopted ‘Transforming Our World: The 2030 Agenda for Sustainable Development’ – the ambitious agenda which contains 17 sustainable development goals (SDGs) and 169 targets during a special session of…
The financial calamity of 2008 laid bare ugly problems in the global economic order. The mess has now festered into a political crisis that jeopardizes the link between market-driven economies and representative democracy.So argues Martin Wolf, the most influential living…
Oil prices edged up slightly Thursday after being hammered the day before by data showing a sharp rise in US stockpiles, while analysts warned a pick-up in the dollar would add further downward pressure. Both main contracts plunged Wednesday after…
India’s economy will only be able to maintain its impressive growth if its bureaucracy ceases to be “an expert in setting up roadblocks”, US Secretary of State John Kerry said Wednesday. Speaking on a visit to New Delhi, Kerry said…
Simon Upton Paris – Air pollution takes years off people’s lives. It causes substantial pain and suffering, among adults and children alike. And it damages food production, at a time when we need to feed more people than ever. This…
Wars and uprisings in the Middle East have wiped five years off local life expectancy due to high casualties and drops in healthcare standards, a study warns. The result of the ongoing war in Syria and intermitted, violent political uprisings…
Dhaka-The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved five crucial development projects involving an estimated cost of Tk 2,805 crore, including three projects with support from Indian fresh Line of Credit (LoC).
Hong Kong stocks rose in the first few minutes of trade Tuesday, in line with a regional rally and following a strong lead from Wall Street. The Hang Seng Index added 0.73 percent, or 166.28 points, to 22,987.62. The benchmark…
Dhaka-Prime Minister Sheikh Hasina on Monday sought more British investment in Bangladesh’s economic zones as the government has taken steps to set up 100 such zones in different parts of the country to gear up industrialisation.
Dhaka – Flood situation in Kushtia district has improved as the water level of the Padma River has started receding.According to Bangladesh Water Development Board (BWDB), the water level has receded 8cm in last two days.Earlier, 30 villages of Daulatpur…
Four months after taking the helm of struggling Russian automobile giant Avtovaz, Renault executive Nicolas Maure has set his sights on returning the Lada maker to profit by 2018. Maure, who headed Romanian carmaker Dacia for just over two years…