China to provide tariff benefit to more Bangladeshi goods

China is going to increase the tariff-free quota benefit for more Bangladeshi goods to minimise the trade imbalance between the two countries.
8 June 2022, 13:22 PM

Wheat export ban: Rain might rot 1.7m tonnes at Indian ports

India has allowed wheat shipments of 469,202 tonnes since banning most exports last month, but at least 1.7 million tonnes is lying at ports and could be damaged by looming monsoon rains, government and industry officials told Reuters.
3 June 2022, 06:07 AM

India's March quarter GDP growth at one-year low

India's economic growth slowed to the lowest in a year in the first three months of 2022, hit byweakening consumer demand amid soaring prices that could make the central bank's task of taming inflation without harming growth more difficult.
31 May 2022, 16:39 PM

How much per capita debt does Bangladesh have?

Despite collecting lakhs of crores of taka in revenue, every time the government falls short of fund to finance the whole budget and has to take crores of taka in loan from local and foreign sources.
31 May 2022, 05:59 AM

Alibaba shares fall 9% after Chinese man named 'Ma' arrested

Alibaba shares fell as much as 9% on Tuesday after a state media report that Chinese authorities had taken action against an individual surnamed Ma, but recouped losses after the report was revised to make clear it was not the company's founder.
5 May 2022, 11:53 AM

American apparel association to work for Bangladesh’s GSP to US

The American Apparel and Footwear Association (AAFA) has agreed to work for the promotion of Bangladesh’s garment sector so that the south Asian country can reinstate the generalised system of preferences status to the US market.
12 March 2022, 13:46 PM

Russia faces major disruptions to oil, commodities flows without SWIFT

Russian exports of all commodities from oil and metals to grains will be severely disrupted by fresh Western sanctions, dealing a blow to Russia's economy and hurting the West with a spike in prices and inflation, traders and analysts said.
27 February 2022, 15:43 PM

German business confidence rises in Feb

The German business climate improved again in February, survey data published Tuesday showed, despite the aggravation of the crisis in Ukraine and persistent supply chain issues.
22 February 2022, 18:00 PM

Pfizer's Covid item sales expected to top $50 billion in 2022

Pfizer Inc said on Tuesday it expects 2022 sales of its Covid-19 vaccine and antiviral pill to top $54 billion, but that fell short of lofty Wall Street estimates and its shares were off about three percent.
9 February 2022, 03:15 AM

WTO postpones ministerial meeting again for Covid-19 outbreak

The general council of the World Trade Organisation (WTO) agreed late Friday (November 26) to postpone its imminent ministerial conference after an outbreak of a particularly transmissible strain of the Covid-19 virus, leading several governments to impose travel restrictions that would have prevented many ministers from reaching Geneva.
27 November 2021, 02:40 AM

Landmark global corporate tax deal finally finds agreement

A group of 136 countries on Friday set a minimum global tax rate of 15% for big companies and sought to make it harder for them to avoid taxation in a landmark deal that US President Joe Biden said levelled the playing field.
8 October 2021, 20:02 PM

Indonesia clings to coal despite green vision

Even as Indonesia wins cautious praise from some green groups for ambitious plans to cut carbon emissions, the world’s biggest exporter of thermal coal shows no sign of weaning itself off the polluting fuel any time soon.
20 September 2021, 18:00 PM

Global business summit in Dubai on Sept 29-30

The two-day 2nd Global Business Summit 2021 will be held on September 29-30 in Dubai, the UAE, with an aim to harness business opportunities for Bangladeshi entrepreneurs and aid the country’s overall development.
31 August 2021, 18:00 PM

Asian factory activity hit by rising costs, Delta variant

Asia’s factories hit a rough patch in July as rising input costs and a new wave of coronavirus infections overshadowed solid global demand, highlighting the fragile nature of the region’s recovery. 
2 August 2021, 18:00 PM

With $4b in losses, Heathrow tells UK: open up travel

London’s Heathrow Airport urged Britain to open up travel to vaccinated passengers after its recovery fell behind hubs elsewhere in Europe, pushing its cumulative pandemic losses to $4 billion. 
26 July 2021, 18:00 PM

German business morale down on supply shortages, virus fears

German business morale fell unexpectedly in July on continuing supply chain worries and amid rising coronavirus infections, a survey showed on Monday, the first decline since January. 
26 July 2021, 18:00 PM

US Senate passes bill to ban all products from China's Xinjiang

The US Senate passed legislation on Wednesday to ban the import of products from China's Xinjiang region, the latest effort in Washington to punish Beijing for what US officials say is an ongoing genocide against Uyghurs and other Muslim groups.
15 July 2021, 02:58 AM

Work from home fuelling cyber attacks: global watchdog

Financial firms may need to bolster their defences in the face of rocketing cyber-attacks after employees began working from home, the Financial Stability Board (FSB) said on Tuesday. 
13 July 2021, 18:00 PM

Saudi, Oman call for continued cooperation between Opec and allies

Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market, the Gulf states said in a joint statement, Trend reports with reference to Reuters. 
12 July 2021, 18:00 PM

China condemns US economic blacklist

China said on Sunday it “resolutely opposes” the addition of 23 Chinese entities to a US economic blacklist over issues including alleged human rights abuses and military ties.
11 July 2021, 18:00 PM