The regional office of Bangladesh Rural Development Board (BRDB) disbursed Taka 940.55 crore loan among poor people in the country’s north-west region to help them generate their income through self-employment in agricultural and non-agricultural sector. About 2.18 lakh people including…
Prime Minister Sheikh Hasina will hold a press briefing on Saturday on the proposed coal-fired power plant at Rampal near the Sundarbans.
Aurel Keller Cuba has come a long way since the collapse of the Soviet Union, when the loss of imports crucial for the island nation’s industrial agriculture system—such as chemical pesticides and fertilizers—left Cuba with a severe food crisis in…
Gary Gardner The seeds of sustainable economies may be sown in surprising places, I thought as I toured a church-run project in East Palo Alto, California that is designed to promote home gardens. That project, and other religious activism on…
Indonesia’s navy said Thursday it had found a tanker carrying almost $400,000 worth of diesel that was taken by its own crew last week due to a commercial dispute. The MT Vier Harmoni was initially feared to have been hijacked…
Dhaka – The Government of Bangladesh and the International Fund for Agricultural Development (IFAD) have signed a financial agreement to increase incomes and reduce extreme poverty and hunger for more than one million poor farming households in Bangladesh by increasing…
Most Asian markets slipped Wednesday as traders trod water ahead of a key speech by Federal Reserve boss Janet Yellen this week, while oil suffered fresh losses on persistent glut worries. With speculation growing that US interest rates could rise…
Rajshahi Krishi Unnayan Bank (RAKUB) has fixed a target of disbursing agricultural loans worth Taka 1,750 crore in the country’s northwest region during the current 2016-17 fiscal year. The specialized commercial bank will disburse the loan through its 378 branches…
BRAC Bank Limited and SME Foundation signed an agreement to provide SME loan to the farmers and traders of Agar, a non-traditional export-oriented item for making scent. Under the agreement, BRAC Bank and the SME Foundation will partner to offer…
Oil kept its recent gains on world markets on Friday, ending a week of rallying on encouraging remarks from producing countries. A barrel of West Texas Intermediate for September delivery finished up 22 cents on the New York Mercantile Exchange…
Dhaka: The country received $503.78 million in remittance during the first 12 days of the current month of August. Bangladesh Bank statistics shows that maximum remittance came through private commercial banks as they received $334.09 million while the nine foreign…
Japan’s exports in July suffered their sharpest monthly fall in seven years, data showed Thursday, as a surging yen clouds the country’s trade picture, with shipments of cars, ships and steel all tumbling. The gloomy export figures come despite Japan…
Oil prices were again bolstered on Tuesday as the US dollar weakened and Russia continued to hint at efforts to end the global supply glut. A barrel of West Texas Intermediate for September delivery rose 84 cents on the New…
Hong Kong and Shanghai stocks opened higher on Tuesday on hopes the Chinese government will soon announce a date to link trading between the Shenzhen and Hong Kong bourses, and after a strong lead from Wall Street. The Hang Seng…
Japan’s economy stagnated in the second quarter, data showed Monday, falling below expectations and rekindling worries about the government’s faltering bid to stoke a recovery. Growth in the world’s third largest economy was flat at 0.0 percent quarter-on-quarter, missing economists’…
Jihadist attacks and political struggles are thwarting attempts by Libya’s unity government to revive an oil industry seen as vital for the economy of the impoverished North African country. Five years since the fall of dictator Moamer Kadhafi, Libya’s rival…
Oil rebounded this week from recent lows after OPEC sprang a surprise September meeting, at which Saudi Arabia hinted producers could agree to limit output. At 1600 GMT on Friday, West Texas Intermediate (WTI) crude for September delivery added 84…
Global gold demand grew by 15 per cent to 1,050 tonnes in the second quarter of 2016, mainly driven by considerable investment demand, World Gold Council (WGC) said in its latest report. The overall gold demand stood at 910 tonnes…
Oil prices fell slightly on world markets on Tuesday, with investors taking profits after consecutive rises in recent days. A barrel of West Texas Intermediate for September delivery fell 25 cents to $42.77 on the New York Mercantile Exchange, after…
The World Bank would provide Tk 1000 crore for the development regional communications and implement the project taken under Bangladesh, Bhutan, India and Nepal (BBIN). WB Bangladesh representative Qimiao Fan made the disclosure after a meeting with Commerce Minister Tofail…
Mentioning that doing business these days is more competitive in the present global order, President Abdul Hamid on Tuesday advised the readymade garment (RMG) exporters for product diversification to successfully survive in the competition. The President came up with the…
The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved a Tk 558.20 crore project aiming to effectively address the vexing water-logging problem in Dhaka-Narayanganj-Demra (DND) areas. The weekly Ecnec meeting, chaired by Prime Minister Sheikh Hasina, approved…
China’s producer deflation eased to its slowest decline in nearly two years in July, the National Bureau of Statistics (NBS) said Tuesday, a positive sign of improving conditions for the world’s second largest economy. The producer price index (PPI), which…
Dhaka – The European Union has reaffirmed its commitments to promote and protect the rights of indigenous peoples. A declaration in this regard was made by the High Representative, Federica Mogherini, on behalf of the European Union on the occasion…
Oil edged higher to near $42 a barrel in Asia Monday but analysts said the increase was unlikely to last as the commodity remains under pressure by a supply glut and a strong dollar. Prices have been fluctuating since entering…
Joseph E. Stigliz New York – Digesting the full implications of the United Kingdom’s “Brexit” referendum will take Britain, Europe, and the world a long time. The most profound consequences will, of course, depend on the European Union’s response to…
Mark Malloch Brown London – Vulnerable communities face the brunt of climate change – from rising sea levels and extreme weather events to prolonged severe droughts and flooding. According to the World Bank, without effective mitigation measures, climate change could…
Men and women harvest Merlot grapes under the scorching sun in one of Egypt’s up-and-coming vineyards, as the Muslim-majority desert country strives to win over international wine connoisseurs. “It’s a great story, what we’ve done with Egyptian wine,” said a…
By Elizabeth Dwoskin San Fransisco — Mountain View, Calif., start-up Quixey was the envy of many in Silicon Valley when the company announced a multimillion-dollar investment from one of China’s largest and most powerful technology companies, Alibaba. The $110 million…
Oil prices dipped slightly in New York on Friday as the dollar rose on exchange markets following robust hiring numbers from the US government. On the New York Mercantile Exchange, a barrel of West Texas Intermediate benchmark crude for September…