Ontario widens opportunities for Bangladeshi businesses

Bangladeshi businesses now can explore wider trade opportunities in Canada’s Ontario province as a “Bangladesh-Canada Business Forum-2019” in Toronto on Tuesday sought to deepen engagements.
4 September 2019, 18:00 PM

Japanese jobs for South Korean graduates dry up amid trade row

Song Min-su, a Japanese major in his final year at Hannam University, south of Seoul, has watched in dismay as a spat between South Korea and Japan over wartime forced labour has spiraled into a damaging political and economic row.
4 September 2019, 18:00 PM

Economy faces risks despite high growth

The country should prudently deal with the downside risks facing the economy in order to keep up the growth momentum, the Metropolitan Chamber of Commerce & Industry, Dhaka (MCCI) said yesterday.
4 September 2019, 18:00 PM

Brexit-worn Britain looks on track for recession: PMI

Britain's economy is in serious danger of entering its first recession since the financial crisis as business confidence wilts in the Brexit chaos, a closely watched business survey showed on Wednesday.
4 September 2019, 18:00 PM

Focus more on SMEs to be a developed nation

Bangladesh hould give more focus on small and medium enterprises to materialise its vision of becoming a developed nation by 2041, SME Foundation Chairperson KM Habib Ullah said.
4 September 2019, 18:00 PM

Saudi Arabia splits industry and mining from energy ministry

Saudi Arabia created a new ministry for industry and mineral resources, separating it from the kingdom’s colossal energy ministry, and replaced the powerful head of the royal court, in a series of royal orders issued late on Friday.
31 August 2019, 18:00 PM

China’s factory activity shrinks

Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic demand remained sluggish, pointing to a further slowdown in the world’s second-largest economy.
31 August 2019, 18:00 PM

Eurozone inflation stays below target

Inflation in the eurozone remained at a low 1.0 percent in August, official data showed Friday, heaping pressure on the European Central Bank to reboot its controversial economic stimulus.
31 August 2019, 18:00 PM

China to exempt Tesla cars from 10pc purchase tax

China will exempt Tesla Inc’s electric vehicles from its purchase tax, the Ministry of Industry and Information Technology (MIIT) said on Friday, a concession made amidst trade tensions with the United States.
31 August 2019, 18:00 PM

India announces series of state bank mergers

India announced a series of mergers involving 10 state-owned banks on Friday, as it moves to strengthen a sector struggling under a mountain of debt and ensure stronger balance sheets to boost lending and revive economic growth.
31 August 2019, 18:00 PM

Amazon and Indian trader group in public spat over discounts

Amazon.com defended its business strategies in India as it came under fire from a local trader group on Friday over discounted products on the global e-commerce giant’s website.
31 August 2019, 18:00 PM

US, China to meet this month, but tariff hikes remain

Trade teams from China and the United States continue to talk and will meet in September, but tariff increases on Chinese goods set to go in place on Sunday will not be delayed, President Donald Trump said on Friday.
31 August 2019, 18:00 PM

India growth slows to 5pc in fresh blow to Modi

India’s economic growth slowed for the fifth straight quarter in the April-to-June period to 5.0 percent, government figures showed Friday in a fresh blow to Prime Minister Narendra Modi.
31 August 2019, 18:00 PM

US doesn’t have a ‘tariff problem’, it has a ‘Fed problem’: Trump

President Donald Trump on Friday denied his trade wars were harming the US economy, instead lashing out the Federal Reserve and poorly run American companies.
31 August 2019, 18:00 PM

Google to pay up to $200m to FTC on YouTube probe

Alphabet Inc’s Google will spend up to $200 million to settle a Federal Trade Commission investigation into YouTube’s alleged violation of a children’s privacy law, a person briefed on the matter told Reuters.
31 August 2019, 18:00 PM

Reaching Europe through Delhi

If the recent delivery of garment shipment from Dhaka to Manchester via Indira Gandhi International Airport’s newly-launched Transshipment Excellence Centre (TEC) is anything to go by, it could emerge as a boon for Bangladesh’s textile and retail industry looking to reach markets in Europe and the US.
31 August 2019, 18:00 PM

German unemployment stable despite recession warning

Germany’s labour market remains robust, but is starting to feel the impact of a slowing economy, official data showed Thursday.
29 August 2019, 18:00 PM

New China tariffs a ‘job killer,’ US industry tells Trump

US President Donald Trump’s new tariffs on Chinese goods are a “job killer” that will slam consumers and could make a recession more likely, industry groups said Wednesday.
29 August 2019, 18:00 PM

China’s factory activity contracting

Factory activity in China is expected to have contracted for the fourth straight month in August, a Reuters poll showed, as the United States ratcheted up trade pressure and domestic demand remained sluggish.
29 August 2019, 18:00 PM

Argentina asks IMF to restructure debt payments

Argentina asked the International Monetary Fund to restructure its debt payments on the $56 billion bail-out loan agreed last year in a bid to calm market turbulence, Finance Minister Hernan Lacunza said Wednesday.
29 August 2019, 18:00 PM