Industries Minister Amir Hossain Amu has urged the business people to be more attentive in maintaining the quality of products shunning the mentality…

Dhaka Chamber of Commerce and Industry (DCCI) has expressed concern over the ‘unexpected treatment’ by India’s agency concerned to jute imported from Bangladesh, reports UNB. India’s anti-dumping authority has proposed 25-30 per cent duty on the jute imported from Bangladesh…

Australia-based sauce manufacturer Byron Bay Chili Company yesterday joined hands with local company PRAN for producing six varieties of chili sauces to meet the growing demand of quality sauce in the country, reports UNB. The six variants are Smokin’ Mango, Spicy Lemongrass, Green Jalapeno, Heavenly…

State Minister for Power, Energy and Mineral Resources Nasrul Hamid yesterday asked the young entrepreneurs to take up initiatives for contributing to the country's economic uplift, reports BSS. Bangladesh is not a small market now as the domestic market is gradually expanding, Hamid said. The state…

State Minister for Posts and Telecommunications Tarana Halim yesterday said state-owned mobile phone operator Teletalk would emerge as competitor in the…

The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel as members of the Organization of the Petroleum Exporting Countries (OPEC) prepare to limit production after a long period of unrestrained output, according to World Bank (WB), reports BSS. Energy…

AFP, TOKYO: Japan is eyeing an overhaul of how it measures growth in its economy, and that is stirring fresh questions about the reliability of the world’s…

AFP, BRUSSELS: European sugar producers will target export markets in addition to looking for new domestic customers when the EU lifts quotas next year and fully embraces free-market farm policies, officials and analysts say. However, some analysts believe exports will face tough competition in attractive…

AFP, WASHINGTONP: Pre-election uncertainty is weighing on some US business sectors, the Federal Reserve’s beige book survey said Wednesday. However,…

AFP, YANGON: A 174-tonne piece of jade worth millions of dollars that was uncovered in Myanmar will have to stay where it is for now—because its…

Country’s prime bourse Dhaka Stock Exchange (DSE) closed marginally lower for the second day in a row yesterday as investors continued profit booking. DSEX struggled to below 4700 level as investors remained vigilant about earnings performance on stocks which capped the upside of the…

AFP, RIYADH: Saudi Arabia raised $17.5 billion in its first international bond offering, HSBC said Thursday, reflecting strong interest as the kingdom seeks to diversify its oil-dependent economy. The bond issue -- the first time Saudi Arabia has turned to international markets for financing -- was…

AFP, HONG KONG: Energy firms rose in Asian trade Thursday tracking the previous day's surge in oil prices while investors judged Hillary Clinton to have won the final presidential debate with Donald Trump. The US energy department said crude inventories fell almost twice as much as expected last…

AFP, KUWAIT CITY: A Dubai-based investor group led by the head of property giant Emaar yesterday completed the nearly $2.4 billion acquisition of a majority stake in Kuwaiti food company Americana, Kuwait's stock exchange said. Emaar chairman Mohamed al-Abbar's investment firm Adeptio and Kuwait's…

Runner Automobiles Limited, the pioneer in manufacturing 2 Wheelers in Bangladesh, plans to raise Tk 1,000 million from the capital market subject to regulatory approval, says a press release.   The company organised a road show on October 19, 2016 as part of the company’s Initial Public…

AFP, LAGOS: US oil group ExxonMobil has agreed to sell its majority stake in its Nigerian marketing and retail arm to a local firm, the Nigerian affiliate said yesterday. Mobil Oil Nigeria (MON), one of three affiliates of ExxonMobil in the oil-rich country, informed the stock exchange of the move.…

AFP, DOHA: World Cup 2022 host Qatar, long criticised over the treatment of its vast migrant workforce, has decided to establish a panel to oversee labour disputes, state media reported yesterday. The ministry of administrative development, labour and social affairs will set up the committee, with a…