The merger proposal of Robi-Airtel has been sent to the Prime Minister’s Office (PMO) for final approval incorporating merger fees of Tk 100 crore,…

AFP, LONDON: World oil prices hit the lowest levels for almost 2.5 months this week as a poor global growth outlook added to concerns over a long-running supply glut. US benchmark West Texas Intermediate (WTI) struck $43.69 a barrel on Wednesday—the lowest level since May 10. On Friday, Brent…

Bangladesh Bank (BB) will unveil two key policy statements this week. The Monetary Policy Statement (MPS) for the first half of the fiscal year will be…

The 4th Bangladesh Summit on Sustainable Development begins here today to review the implementation and monitoring process of the Sustainable Development Goals (SDGs), reports BSS. The two-day Summit is being jointly organised by Secretariat of Global Citizens' Forum on Sustainable Development (GCFSD)…

AFP, CHENGDU: Britain’s vote to leave the European Union heightens risks for the world economy, finance chiefs from the G20 group of leading countries…

AFP, THE HAGUE: Dutch retail giant Ahold and Belgian rival Delhaize on Saturday said they had finalised their mega-merger after US regulatory authorities gave the union the green light. Both groups said they had inked an agreement to take effect from 2201 GMT after the Federal Trade Commission gave…

AFP, ANKARA: A six per cent loss in value of its currency, a plunge on the stock market and a downgrade by a key ratings agency. The last week alone has…

AFP, WASHINGTON: A series of spectacular cyber attacks against banks, resulting in the theft of tens of millions of dollars, has heightened fears for an industry becoming an increasingly attractive target for hackers. Banks in Bangladesh, the Philippines, Vietnam and Ecuador have been victimized over…

Stock market saw further decline in trade to open week yesterday as investors were not active in the buying side ahead of a new monetary policy statement (MPS) of the central bank, reports BSS. Bangladesh Bank (BB) is set to announce the MPS for the first half of the current 2016-17 financial year (FY17)…

AFP, BEIJING: China said yesterday it has started imposing anti-dumping tariffs on certain steel imports from the European Union, Japan and South Korea, as Beijing itself comes under fire for similar trade practices. Duties on the materials, used in power transformers and electric motors, will range…

Finance Minister AMA Muhith yesterday said it is expected that eight lakh more people to be included in the tax payers list while the current figure is 12 lakh, reports BSS. "We are working enroll three lakh more taxpayers this year . . . it is not difficult enlist 20 lakh taxpayers by two years,"…

AFP, CHENGDU: Increasingly frequent terrorist attacks are becoming a growing threat to the global economy, finance chiefs from the world’s leading economies said yesterday. Earlier this month 84 people were killed in Nice when a Tunisian truck driver—suspected to be inspired by the Islamic…

AFP, WASHINGTON: In 1890, the psychologist William James wrote that there was “no more miserable human being than one in whom nothing is habitual but indecision.” Indecision is certainly not the habit of Federal Reserve policy makers. But as a divided Fed gathers next week to consider interest…

Global steel prices are expected to decline in the second half of current calender year, after an upward rally during January-June, on account of decline in demand in the world's largest consumer, China, reports Business Standard. However, BMI Research, a Fitch Group firm, said 2017 will usher in…