Companies in Bangladesh are weighing private sector investment potentials in Haiti, Commerce Minister Tofail Ahmed said yesterday, disclosing that a private group has already decided to invest in clothing sector there, reports BSS. "Haiti enjoys duty-free access to USA for textile exports. It is…

AFP, DUBAI: Oil prices have been recovering but are still weak, the head of Gulf giant Saudi Aramco said yesterday, warning that market volatility could persist in the near future. “While the oil market has recovered from its most severe period, it’s still weak,” Aramco chief executive…

Different ministries of the government have undertaken separate steps to attain 17 targets of Sustainable Development Goals (SDGs) declared by the United Nations (UN) to build a hunger- and poverty-free world, reports BSS. Bangladesh Planning Commission has already finalized the draft of a strategy…

The 5th Asian Tourism Fair-2016 begins at International Convention City, Bashundhara (ICCB) here on Thursday, aiming to develop a regional tourism linkage, reports UNB. Civil Aviation and Tourism Minister Rashed Khan Menon will inaugurate the three-day fair at 11:00 am on the day. Parjatan Bichitra,…

AFP, SINGAPORE: A Singapore firm headed by a scion of one of Asia’s richest families has bought a 49 per cent stake in Rolling Stone, with plans…

AFP, FRANKFURT: German business confidence soared to its highest level in more than two years in September, the Ifo economic institute said yesterday, recovering from a post-Brexit slump and signalling a rosier outlook for Europe’s largest economy. The closely-watched index unexpectedly jumped…

AFP, CAMEMBERT: It’s a cheese maker’s take on David and Goliath.  Camembert, the village that gave its name to France’s most famous—and…

AFP, KHARTOUM: The World Bank on Sunday urged Sudan to undertake swift structural reforms to revive its ailing economy, which a top Sudanese official insisted had been adversely impacted by US trade sanctions. Rising inflation and the loss of nearly 75 per cent of oil earnings following the north-south…

Stock markets returned to the positive trend yesterday driven mainly by trading activities around some large-cap securities after passing a marginal losing session on Sunday, reports BSS. The country's main stock market, Dhaka Stock Exchange (DSE) on Sunday saw marginal loss after witnessing up…

AFP, TOKYO: The dollar slipped yesterday as traders shift focus from central bank policy to the US presidential election, while the Philippine peso tumbled to a seven-year low on worries over President Rodrigo Duterte’s policies.  Last week’s currency trading was dominated…

AFP, BEIJING: China's coal imports from North Korea have surged in recent months, government data showed yesterday, raising questions about Beijing's…

edotco Bangladesh Co Ltd yesterday installed the first rooftop-based carbon fibre tower in Bangladesh, marking another milestone in the company’s pursuit of establishing innovative telecoms infrastructure, said a press statement.  The tower is located in Technical Mor, in the nation’s…

AFP, SINGAPORE: Oil prices rose modestly in Asia yesterday ahead of a producers' meeting this week that might agree to cap supplies. But analysts warned that optimism should be tempered by experience of two years of gluts and disagreement among members of the Organization of Petroleum Exporting…

AFP, BUENOS AIRES:  Argentina's largest labor union, the CGT, has declared its first general strike under President Mauricio Macri to protest  the conservative leader's economic policies, a spokesman said Friday. The CGT has still not set a date for the 24-hour strike, union official…