AFP, NEW YORK: With this week’s deal to cut output, OPEC is creating incentives for American shale producers to boost output just as the incoming Trump administration vows measures to promote US oil development. The deal, announced Wednesday by the Organization of the Petroleum Exporting Countries,…

AFP, CAMAGÜEY, Cuba: A convoy is carrying Fidel Castro’s ashes across a Cuban countryside stuck in the bleak economy he left behind: Farmers…

AFP, RABAT: With contracts across Africa running into billions of dollars, Morocco is placing business at the heart of its strategy to win support for its re-entry into the African Union. From Senegal to Madagascar, King Mohammed VI is leading a drive to invest in banking,  insurance, telecoms,…

Industries Minister Amir Hossain Amu termed the Small and Medium entrepreneurs (SME) as the main engine for achieving development goals and…

Prime Minister's Economic Affairs Adviser Dr Mashiur Rahman called for raising the institutional capacity of different entities, especially the public ones, to encourage people to invest their small savings, reports BSS. "People feel safe to invest their small savings if institutional capacity…

Bangladesh has sought Japan’s continued support to achieve its development goals mentioning that Japan has been a ‘trusted and tested friend’ for Bangladesh’s socio-economic development, reports UNB. “I’m confident as in the past, Japan will continue to be a trusted…

AFP, GENEVA: The heavyweights of world trade, including the United States, China and Japan, meet in Geneva this weekend to establish a list of environmentally friendly products for which tariffs can be eliminated or reduced. The green products include solar panels, wind turbines and air quality monitors…

AFP, WASHINGTON: The US unemployment rate in November fell to its lowest level since August 2007 as the economy continued to add new jobs, all but guaranteeing an interest rate hike this month. The jobless rate fell an unusually large three-tenths to a surprising 4.6 per cent, the Labor Department…

Walton e-Plaza, a sister concerns of Walton Group, kicked off across the country with a view to expediting its e-commerce business, a press statement said yesterday. The company, initially, set up two Walton e-plaza stores at Mirpur Mazar Road in the capital and at Chandra in Gazipur, on November.  …