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27 January 2026, 19:37 PM
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27 January 2026, 16:55 PM
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EU, India successfully conclude major trade deal
27 January 2026, 12:08 PM
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27 January 2026, 08:50 AM
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26 January 2026, 17:51 PM
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Samsung to start production of HBM4 chips next month for Nvidia supply, source says
26 January 2026, 16:57 PM
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India to slash tariffs on cars to 40% in trade deal with EU, sources say
26 January 2026, 16:17 PM
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Deconstructing bitcoins: Future of money or a fraud?
Bitcoin’s popularity in Asia has had a positive influence on other alternative cryptocurrencies such as ethereum and litecoin. Clearly there is a great demand for such digital money, even though its volatility hurts.
17 January 2018, 06:52 AM
Airbus wins 2017 order race after last-minute sales spree
Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing's recent lead in the global jet market to win their annual order contest for the fifth year running, but doubts remain over the future of its flagship A380.
15 January 2018, 18:00 PM
BoJ offers positive view on economy, sending yen to four-month high
Bank of Japan Governor Haruhiko Kuroda offered a positive view on the economy and inflation on Monday, sending the yen to a four-month high against the dollar on simmering speculation it may exit its ultra-loose monetary policy earlier than expected.
15 January 2018, 18:00 PM
Morocco to begin gradual liberalisation of dirham
Morocco will start a gradual and controlled liberalisation of its currency the dirham from Monday, Prime Minister Saad-Eddine Al-Othmani said after a cabinet meeting.
14 January 2018, 18:00 PM
H&M 'racist' ad adds to company's woes
A racism scandal at H&M is the latest indication of management problems at the Swedish clothing giant, once the darling of shoppers but now struggling to make the switch to e-commerce, analysts say.
14 January 2018, 18:00 PM
As Trump clamps down, migrant workers have much to lose
Two decades ago, Fatima Nolasco walked over the border into the United States in search of a better life, going on to build a successful business, and a new home.
14 January 2018, 18:00 PM
China urges hotels to review websites as ‘country’crackdown grows
China's tourism authority has urged accommodation companies to review their websites and apps to fix what Beijing deems to be inaccurate labelling of Taiwan or other Chinese-claimed territories as countries.
14 January 2018, 18:00 PM
Glimmers of hope in Iran economy despite Trump
Even with President Donald Trump continuing to waive nuclear sanctions, Iran's economy remains hobbled by US restrictions but some diplomats in Tehran remain quietly confident for the future.
14 January 2018, 18:00 PM
Bitcoin fever hits US real estate market
Bitcoin fever has hit the US real estate market, especially that of Florida, offering foreign investors a way to dodge currency controls at home and US economic sanctions.
14 January 2018, 18:00 PM
Square Pharmaceuticals begins constructing Kenya plant
Square Pharmaceuticals Kenya EPZ Ltd, a subsidiary of Square Pharmaceuticals Ltd (SPL), Bangladesh, on Monday started construction
9 January 2018, 18:00 PM
France hopeful of Dhaka's support
Visiting French Special Envoy Pascal Lamy yesterday was optimistic of getting Bangladesh's support to France's bid
7 January 2018, 18:00 PM
Bangladesh may leave LDC club in March: Tofail
Commerce Minister Tofail Ahmed yesterday said Bangladesh is expected to come out of the list of least developed
7 January 2018, 18:00 PM
Global franchise consulting firm opens Dhaka office
Singapore-based franchise consulting and brokerage firm FranGlobal has recently opened its office in Dhaka with an
6 January 2018, 18:00 PM
Better domestic policies to boost trade
Better domestic policies are important for a country to benefit from trade, former WTO director general Pascal Lamy said yesterday.
“I do believe trade opening brings benefit on the number of conditions that has to be made,” Lamy said.
“Some of these solutions are international. There is an issue of the fairness of the global trade regime and it is only partially been addressed in the recent decades.”
There remain flaws in international role, not all by developed countries, he told a public lecture on “Knowledge to Share, Planet to Care” organised by the Centre for Policy Dialogue (CPD), a local think-tank, at Khazana Gardenia Banquet Hall in Dhaka.
But most of the solutions lie with domestic policies, said Lamy, who is now the special envoy of the French government.
He also stressed the need for policies such as competition policy, industrial policy, welfare policy and social security polices to reap benefits from trade.
Lamy is now visiting Dhaka to win support from Bangladesh for France's candidature to host World Expo-2025 which bears the theme of sharing knowledge and caring for the planet.
He said there was consensus that economic development leads to more welfare and brings less social and political conflict.
People have been living and acting together in the planet for a long time. “This positive relationship is somehow broken,” he said.
He said the world economy faces two major challenges – rise in inequality and environmental degradation.
“We should acknowledge we have not addressed these in recent decades,” he said, adding that a rise in inequalities was leading to an increase in social and political tension in many places.
Degradation of the environment also creates anxiety, he said.
Inequality is mostly a domestic issue, he said and suggested for addressing it through policies focusing on education, health, housing and taxation.
There are local problems and solutions should also come locally, he said.
On environmental degradation and climate change, he said it has to be addressed at the national level. But doing it alone will not work, he said, citing issues on protecting the oceans from pollutions which necessitate global action.
Migration now is also a cause for global concern, said Lamy, emphasising on sharing knowledge.
“Knowledge is easier to share,” he said. “We, the French, like Europeans, have a concept that knowledge of science has to be open.”
CPD Chairman Prof Rehman Sobhan said there was an enormous amount of knowledge to be shared.
He also stressed ensuring a just global trading system, citing that a shirt sold at $5 by manufacturers here is priced at $25 at retails in the west.
Sobhan suggested increasing the share of producers in the value of products.
6 January 2018, 18:00 PM
Oil posts strongest year opening since 2014
Oil prices posted their strongest opening to a year since 2014 on Tuesday, with crude rising to mid-2015 highs amid large anti-government rallies in Iran and ongoing supply cuts led by Opec and Russia.
2 January 2018, 18:00 PM
BP to take $1.5b hit on US tax reforms
British energy major BP said Tuesday that it expected to take a $1.5-billion (1.2-billion-euro) hit from US President Donald Trump's tax reforms.
2 January 2018, 18:00 PM
India factory activity expands at fastest pace in five years
India's factory activity expanded at the fastest pace in five years in December, a private sector survey showed on Tuesday, buoyed by a rise in output and new orders, which allowed firms to raise prices.
2 January 2018, 18:00 PM
China central bank injects more funds in Dec via liquidity tools
China's central bank injected a net 212.36 billion yuan ($32.7 billion) into the financial system via short- and medium-term liquidity tools in December, rising sharply from November as it sought to ease tight cash conditions before the year-end.
2 January 2018, 18:00 PM
China targets 2018 rail investment of $113b
China's national railway operator said on Tuesday that the country plans to invest 732 billion yuan ($113 billion) in rail fixed assets in
2 January 2018, 18:00 PM
Asian factories end robust 2017 on mixed note
Asia's factories ended a strong 2017 on a mixed note, with activity at multi-year highs in Taiwan and India and surprisingly picking up in China, but contracting in some places in a sign regional interest rate hikes likely will be gradual.
2 January 2018, 18:00 PM