PM’s adviser says at the conference of the Confederation of Asia-Pacific Chambers of Commerce and Industry. Bangladesh would develop 200 economic zones (EZs) in the country eyeing foreign direct investment (FDI) to implement planned industrialization and save agricultural land, Prime Minister’s Private Sector Adviser Salman Fazlur Rahman said on Tuesday.
Read More »Merge or divest SCBs to bring down NPL
The regional development bank came up with the suggestions in its policy brief placed at a seminar titled ‘Resolving Nonperforming Loan Puzzle: Learning from International Experience’ at a Dhaka city hotel on Tuesday
Read More »Asian markets lifted by growing trade optimism
Rising expectations that China and the United States will soon reach an interim trade deal provided fresh impetus to Asian markets on Wednesday, with Donald Trump saying the talks were “in the final throes”.
Read More »Green palm oil push: Kit Kat, Dove makers could face fines
Companies that make top brands including Kit Kat chocolate and Dove soap may face fines if they fail to buy more green palm oil under new rules aimed at improving the controversial industry’s environmental sustainability.
Read More »Tax-exempt riches are not a right: economist
An outright tax on wealth may seem out of style but two Democrats vying for the presidency in 2020, Elizabeth Warren and Bernie Sanders, say the United States should adopt one.
Read More »17953 tons of onion imported in Teknaf land port in 25 days
With the import of 2773 tons of onion through Teknaf land port of Cox’sbazar in the last three days the total volume of the delivery of onion from neighbouring country Myanmar now stands at 17953 tons in last 25 days of the current month.
Read More »Bourses extend winning streak
Country’s premier bourse, Dhaka Stock Exchange (DSE) ended today continuing the winning streak.
Read More »Asian shares climb on Trump trade deal comments
Asian shares rose on Wednesday as upbeat signals from Sino-US trade talks fanned hopes of an easing of tariff hostilities, while expectations the Federal Reserve will keep interest rates low supported sentiment.
Read More »Fed official expects US GDP growth to “be weak” in fourth quarter
A senior Federal Reserve official said Tuesday that he expected US economic growth to “be weak” in the fourth quarter of the year as businesses cut inventories due to trade uncertainty.
Read More »Insurers can now invest in infrastructure bonds
The government has created scope for life insurance companies to join hands with it in development work through investing in infrastructure bonds. Officials concerned said a new regulation to this end has also allowed the insurers to invest in immovable assets in city corporation and municipal areas.
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