The annual meeting of Manila-based Asian Development Bank (ADB) will discuss the current state of global financial markets and their impact on Asia, particularly on infrastructure investment, as well as steps needed to generate higher quality employment and improved workplace environment in the region,…

Expatriates’ Welfare and Overseas Employment Minister Nurul Islam yesterday urged non-resident Bangladeshi businessmen to invest in the country,…

Engineer Md Shamsul Hasan Miah took over the charge as new chairman of Bangladesh Power Development Board (PDB) yesterday. Prior to his new appointment,…

Pakistan has become worried over the ban slapped by Bangladesh on its export of raw jute. Many jute mills in Pakistan rely primarily on raw jute imports from Bangladesh. The concern was raised in Pakistan parliament by one of its members, Munaja Hasan, who asked if the government was aware that Bangladesh…

AFP, TOKYO: Japan had a record number of foreign visitors last year thanks to a surge in Chinese arrivals, a cheaper yen and looser visa rules, it was announced yesterday. Under Prime Minister Shinzo Abe Japan has set a target of boosting the number of annual visitors to 20 million by 2020 when Tokyo…

AFP, PARIS: The oil price is set to fall further this year as supply vastly exceeds demand, with major oil exporter Iran’s return to the market…

Human rights organisation Amnesty has accused Apple, Samsung and Sony, among others, of failing to do basic checks to ensure minerals used in their products are not mined by children, reports BBC . In a report into cobalt mining in the Democratic Republic of the Congo, it found children as young as…

AFP, WASHINGTON: The Interna-tional Monetary Fund warned of substantial risks in the major emerging market economies yesterday as it lowered its outlook…

AFP, BOULOGNE-BILLANCOURT: French carmaker Renault on Monday promised to come up with a “technical plan” over coming weeks to bring down harmful…

The country’s twin bourses-- Dhaka Stock Exchange (DSE) and Chittagog Stock Exchange Stocks (CSE) –marginally gained for the second consecutive session yesterday with turnover crossing Tk 7 billion-mark. The market opened with a positive note and continued till the end of the session. DSEX,…

AFP, DUBAI: Growth in OPEC heavyweight Saudi Arabia will slow to its lowest rate in seven years, the International Monetary Fund said yesterday, as oil prices continue their dramatic fall. Revising down its last forecast, the IMF predicted that the Saudi economy will grow by just 1.2 percent in 2016…

The two-day long Bangladesh Investment and Policy Summit 2016 is going to begin in the capital on Sunday with a view to highlight the latest policy developments…

AFP, PARIS: The latest industrial revolution will not only bring us 3-D printing and biotechnology advances, but the loss of five million jobs in the next five years, according to a report prepared for the Davos forum of business and political elites. The so-called fourth industrial revolution “will…

AFP, BEIJING: China's GDP grew at its slowest in a quarter of a century last year, creating pressure for more stimulus policies to ensure a soft landing for the economy that is a crucial driver of global growth. The 6.9 per cent figure was the slowest in the People's Republic since the 3.8 per…

AFP, FRANKFURT: Europe’s battered financial sector is showing further signs of mending and banks are increasingly competing for custom by easing credit standards, a key European Central Bank survey showed yesterday. The ECB said its quarterly bank lending survey (BLS) showed banks are easing credit…