Commerce Minister Tofail Ahmed yesterday urged central bank to be more stock market-friendly to uphold the interest of investors for a further balanced…

Proper planning and policy are needed for emergence of Bangladesh as global Business Process Outsourcing (BPO) hub like neighbouring India, said Planning Minister AHM Mustafa Kamal. The minister said this yesterday after attending the closing ceremony of the two-day long BPO Summit Bangladesh 2015,…

AFP, GENEVA: The aviation industry is set to post a second consecutive year of net profits in 2015, nearly doubling them to $33 billion (30.1 billion) thanks to low fuel prices, its trade association said yesterday. “Our outlook for this year has improved to a 33 billion US dollars net profit,”…

AFP, ROME: Expanding trade in agricultural products is key to alleviating world hunger, but only if open trade policies do not endanger food security, the UN food agency said in a report released Wednesday. Trade affects all dimensions of food security: food availability, access, utilization and stability,…

The overall Railway service has been improved considerably as the present government through its sincere efforts expanded railway lines along with rehabilitation work and revived different routes to make this popular public transport easier for the passengers and carrying goods, reports BSS. The Bangladesh…

AFP, WOLFSBURG: Embattled German carmaker Volkswagen said yesterday the global pollution-cheating scandal it has been engulfed in since September was the result not of a one-off error, but a series of mistakes dating back to 2005. The scandal, which broke in September when VW was forced to admit that…

AFP, TOKYO: The dollar eased against most rivals in Asian trade yesterday, with commodity-linked units enjoying support from a slight uptick in oil prices, while its Australian counterpart surged on the back of a strong jobs report. The retreat in the greenback comes just a week before the Federal Reserve’s…

AFP, SEOUL: Share prices of Samsung Electronics and some of its key affiliates rose yesterday after the company unveiled a plan to develop components for self-driving cars, entering a market eyed by rivals including Apple. The new automotive component team will “focus on building its competencies…

AFP, SYDNEY: Australia’s unemployment rate dropped for the second-straight month in November, data showed Thursday, signalling an improvement in the domestic economy even as concern grows about a slowdown in the nation’s largest trading partner China. The jobless rate was a seasonally adjusted…

Dhaka Export Processing Zone (DEPZ) organised a seminar to promote the country’s Northern and Southern Mongla, Ishwardi and Uttara EPZs  in the capital on Wednesday. Addressing the seminar, Abdus Sobhan, general manager of DEPZ, focused prevailing congenial investment climate of those. He…

Walton Plaza Conference-2015 was held at the premises of Walton Hi-Tech Industries Ltd at Chandra in Gazipur on Tuesday. The conference was attended by a total of 700 assistant managers and managers from 24 zones of Walton Plaza across the country, a press statement said. Walton Group’s Chairman…

AFP, LE BOURGET: Saudi Arabia, the world’s biggest crude oil exporter, has a lot to lose if the global economy shifts to clean energy. So at 195-nation…

AFP, TOKYO: A conservation group slammed Japan Thursday for fuelling illegal ivory trading and smuggling through poor law enforcement. The Environmental Investigation Agency (EIA) ran an undercover probe that found traders in Japan were willing to dodge rules on ivory sales to move it across borders,…

AFP, HONG KONG: A sense of unease spread across Asian stock exchanges yesterday with investors spooked by the sharp sell-off in oil sending regional markets…

AFP, WASHINGTON: Yahoo flipped its reorganization plan Wednesday, announcing it would keep its stake in China’s Alibaba but spin off its core Internet…