The International Trade Centre (ITC) yesterday launched the Bangladesh chapter of SheTrades in the Commonwealth to deliver greater economic returns for women entrepreneurs in Bangladesh, reports UNB. A dedicated project of ITC’s global SheTrades initiative, the SheTrades in the Commonwealth Bangladesh…

Experts at a discussion in the capital yesterday said Bangladesh needs a double-digit per capita income growth in next 21 years to become a developed one by 2041 “Bangladesh has set a vision of becoming a developed economy by 2041. This will call for a double-digit per capita income growth for…

Commerce Minister Tofail Ahmed yesterday said developed communication system and necessary cooperation to the businessmen have to be ensured for the expansion of country’s trade and business, reports BSS. “There is no alternative to developing infrastructure to attain success in trade and…

Ultra-low interest rates and massive bond-buying by the European Central Bank boosted incomes for the poorest eurozone households more than the richest and eased inequality, economists argued in a study released yesterday, reports AFP from Frankfurt Am Main. “Expansionary monetary policy, both…

Asian markets largely rose yesterday, tracking a Wall Street rally after the Federal Reserve chief expressed confidence in the US economy despite fears…

European Commission chief Jean-Claude Juncker will meet US President Donald Trump in Washington next week in a bid to convince him to drop tariffs on metals and steer away from further duties on cars, reports AFP from Brussels. Juncker, who heads the powerful executive arm of the 28-nation European…

Along a quiet residential street on the outer edges of Beijing, a yellow and black cube about the size of a small washing machine trundles leisurely to…

The US economy is “especially vulnerable” to damage from the burgeoning global trade war, which could shave hundreds of billions of dollars off global GDP, IMF chief Christine Lagarde said yesterday, reports AFP from Washington. In remarks ahead of this weekend’s meeting of Group of…

Stocks witnessed upward trends yesterday as major indices of both Dhaka and Chattogram Stock Exchanges rose up on higher transactions, reports BSS. The…

US Treasury Secretary Steven Mnuchin will have the opportunity to address concerns about Washington’s trade policies during a meeting of the world’s leading finance ministers this weekend, a senior Treasury official said Tuesday, reports AFP from Washington. However, the official said Mnuchin…

Oil prices went up slightly on Tuesday after slumping over 4 percent in the previous session, reports Xinhua from New York. The West Texas Intermediate…

South Korea’s exports of information and communications technology (ICT) product hit a record high in the first half due to robust demand for locally-made semiconductors, a government report showed yesterday, reports Xinhua from Seoul. The ICT export reached 107.47 billion U.S. dollars in the…

The Maldives Traders Union have hailed President Abdulla Yameen’s economic policies, stating it was the best among the candidates in the upcoming Presidential Elections, local media reported yesterday, reports Xinhua from Male. President of the Union, Imail Asif, said they recognized that President…

EasyJet expects full-year profit to be higher than expected as increased passenger numbers offsets disruption from striking air traffic controllers and bad weather, the British no-frills airline said yesterday. EasyJet and European rivals have been hit in particular by striking French air traffic controllers.…

China’s central bank continued to inject liquidity into the financial system through open market yesterday, reports Xinhua from Beijing. The People’s Bank of China pumped 80 billion yuan (about 11.9 billion U.S.  dollars) into the market through reverse repos after injecting a total…