The United Nations (UN) top official in Asia and the Pacific opined that achievement of the newly adopted Sustainable Development Goals (SDGs) will depend greatly on scaling up public-private partnership (PPP), reports BSS. “The private sector knows the art of making markets work, managing risks,…

AFP, WASHINGTON: President Barack Obama said yesterday that a huge free-trade deal between 12 Pacific Rim countries will boost the US economy while protecting workers and the environment. Obama said the Trans-Pacific Partnership, the full text of which was released for the first time, “means that…

The International Business Forum of Bangladesh (IBFB) urged the US authorities to restore Bangladesh's Generalised System of Preference (GSP) status, reports BSS. A delegation of the IBFB raised the issue of revival of GSP facilities for Bangladeshi products on the US market at a meeting with the…

The broader price index of Dhaka Stock Exchange (DSE) hit over three months low to close the week yesterday due to mainly price fall in large-cap securities, reports BSS. DSEX finished the week just over 4500-point mark at 4502.16, which was the lowest after 4503.98 on June 22, 2015. The cumulated loss…

AFP, BRUSSELS: The eurozone economy is set to continue its moderate recovery over the next two years in the wake of the Greek bailout crisis, despite headwinds from the wider global economy, the EU said yesterday. Despite a slowdown in China and emerging markets hampering demand for eurozone exports…

AFP, SINGAPORE: Singapore Airlines (SIA) yesterday said its second quarter net profit more than doubled from last year, but warned about uncertainty due to an economic slowdown in emerging markets led by China. Net profit for the three months to September soared 135 per cent to Sg$213.6 million ($152…

AFP, FRANKFURT: German industrial orders, a key measure of demand for goods in Europe's top economy, fell in September, weighed down by declining demand from the euro area, the economy ministry said yesterday. Provisional official data showed a decrease of 1.7 per cent month-on-month, following…

MA Wadud and Wasif Ali Khan have recently been promoted to deputy managing directors of National Bank Limited, says a press release. Prior to the promotion,…

AFP, TOKYO: Toyota yesterday reported a half-year jump in profits even as car sales declined in most regions, as it moves to cut costs and squeeze more productivity out of its plants worldwide. The world’s top automaker said its net profit rose nearly 12 per cent to 1.258 trillion yen ($10.35…

AFP, LONDON: The Bank of England yesterday trimmed its forecast for British economic growth this year, warning about potential risks from a slowdown in emerging markets. Gross domestic product was predicted to grow 2.7 per cent this year, down from a previous estimate of 2.8 per cent given in August,…

AFP, HONG KONG: Major Asian markets mostly shrugged off a negative lead from Wall Street yesterday, with Shanghai performing especially strongly and Japan…

AFP, SAN FRANCISCO: Facebook said Wednesday its profit in the third quarter jumped 11 per cent to $891 million as advertising revenues soared. The world’s…

AFP, VATICAN CITY: “May the Lord forgive us, but we don’t pay!” Those were the dramatic words Pope Francis used to demand a clampdown…

AFP, RIYADH: Leading crude exporter Saudi Arabia supports efforts to limit global warming but believes fossil fuels should remain part of the world energy…