| Dhaka, Wednesday, 28 February 2024

57 nations Pact with AIIB, China  

One of China’s biggest foreign policy successes is to take concrete shape today when delegates from 57 nations sign an agreement on the Asian Infrastructure Investment Bank (AIIB) in Beijing.

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UNCTAD reports show Foreign Direct Investment down

Foreign Direct Investment (FDI) flow into Bangladesh went down by 4.74 percent last year, a report launched today said. The FDI inflow in 2014 amounted to $1.526 billion, the World Investment ...

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Shot bKash agent and looted  Tk 3 lakh

Muggers looted Tk 3 lakh from a bKash agent after shooting him in Tejgaon Industrial area of Dhaka in the wee hours today. Saiful Islam Kajol, 45, a resident of Uttar ...

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Rajshahi's mango scarcity processing plants for value-added 

For long, Rajshahi is nationwide famous, especially for its tasty and delicious fruit mango that attracts people from all over the country every summer.

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JP Morgan's Jimmy Lee passes away 

Jimmy Lee, one of JPMorgan Chase & Co's (JPM.N) most important dealmakers, died on Wednesday, the bank's chief executive said in a statement. He was 62.

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America says...Fiscal transparency  BD  progress is not good

Bangladesh did not make “significant progress” toward meeting minimum requirements of fiscal transparency for 2015 fiscal, according to an annual report by the US State Department. “The budget does not include ...

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Finance Minister AMA Muhith to place budget for seventh time... Budget

Finance Minister AMA Muhith will place the country’s 44th budget in the Jatiya Sangsad at 3:00pm on Thursday, the size of which is Tk 295,272 crore.

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The Subsidy budget is coming

Bangladesh goernment is goin to give a subsidy budget. In varous sector the govern ment will give subsidy. The government is set to cut subsidy by 5.5 percent in fiscal 2015-16 ...

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Rana Plaza survivors left in the lurch

Some 55 percent of the Rana Plaza survivors are still unemployed, two years after the nation's worst industrial disaster, due to physical inability, trauma or lack of suitable jobs, a ...

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ADB cuts Bangladesh's GDP growth to 6.1pc

Asian Development Bank (ADB) today revised down Bangladesh’s growth forecast to 6.1 percent for the fiscal year of 2015.

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Bangladeshi perfumer wins Middle Eastern hearts

Al Haramain Perfumes, a company set up by a Bangladeshi expatriate, has not only become a household name in the Middle East, its products are also gaining popularity in Europe ...

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Microcredit guru Prof Yunus among top business pioneers of all time

Microcredit guru Prof Muhammad Yunus has been named one of the top six business pioneers in finance by The Financial Times.The UK-based international newspaper selected the founder of Grameen Bank ...

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Foreign automakers double down on China bets despite slowing growth

Foreign automakers continue to plough money into factories in China, the world's largest car market, even as the biggest economic slowdown in a quarter of a century crimps sales growth.

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Thousands in Germany protest against Europe-US trade deal

Thousands of people marched in Berlin, Munich and other German cities on Saturday in protest against a planned free trade deal between Europe and the United States that they fear ...

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China fines Alibaba $129,000 for pricing violations

China's e-commerce giant, Alibaba Group, has been fined 800,000 yuan ($129,000) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms.

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Intel sees revenue holding, cuts capital spending, shares up

Chipmaker Intel Corp forecast revenue broadly in line with Wall Street's expectations and signaled a hefty cut in capital expenditures this year, lifting its shares in after-hours trading.

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China raises trade hopes

Bangladesh stands to gain much from China by way of higher exports and investment, as the Asian economic giant looks to deepen ties with its South Asian neighbours. 

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China: next big garment export destination

China, the largest apparel exporter worldwide, is becoming a major destination for Bangladeshi garment items due to duty benefits offered by the Asian economic giant and a rising middle-class there.

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Dubai expands metro network to serve Expo 2020

Dubai has given green light to expand the Dubai metro's red line to connect it to Expo 2020 site in the emirate, Dubai roads and transport authority (RTA) said yesterday.

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In Bangladesh Political unrest hurts investment, growth 

Political unrest and illiberal democratic environment in the country have dented private sector investment in recent months, said Centre for Policy Dialogue (CPD) yesterday.

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