Zapping five zeros off Venezuela’s almost worthless currency is nothing but a half-hearted measure and won’t solve the country’s chronic…

Stock markets extended loss to open the week downtrend on Sunday as major sectors closed lower while daily transactions were also declining, reports BSS.…

The Sichuan Silkroad Economic Belt Investment and Corporation Chamber of Commerce, China will set up an industrial park on 988.50 acres of land in Mirsarai Economic Zone (EZ), reports BSS. Bangladesh Economic Zones Authority (BEZA) Executive Member (Additional Secretary) Harun-or Rashid and Sichuan…

The Mongla Port Authority (MPA) under the shipping ministry has signed an agreement to procure a mobile harbour crane for the port at a cost of Tk 42.70 crore to ease the port’s container handling system after 68 years since the port established. MPA chairman commodore AKM Faruk Hasan and Saif…

For a long time, Apple appeared to be flying solo to a $1 trillion market value, but Amazon is right at its heels—and experts have no fears of a…

Steve Jobs may have been a tech genius, but he clearly didn’t care much for fashion, reports AFP from Paris. Facebook boss Mark Zuckerberg has followed…

The business community on Saturday voiced support for the BRICS resolution to oppose protectionism and embrace rules based on multilateralism, reports Xinhua from Johannesburg. This came out at a high-level discussion in Johannesburg by government officials and captains of industry. South Africa’s…

Despite booming second quarter growth in the US economy, the Federal Reserve will hold its fire and leave lending rates untouched this week as it awaits more signs of inflation, reports AFP from Washington. But the central bank, which kicks off its two-day policy meeting on Tuesday, is still widely…

Cuba is studying whether to adjust its sugar-harvest calendar in response to damaging changes in the island’s climate, an official newspaper reported Saturday, reports AFP from Havana. The Caribbean island, once the world’s leading sugar producer, is suffering through a years-long decline…

The workers’ union of Minera Escondida, the Chilean copper mine that is the highest-producing in the world, threatened an “imminent” strike after rejecting the latest proposal from controlling firm BHP, reports AFP from Santiago. “The strike is imminent, we have not been able…

Nurul Islam Mollah, chairman of Janata Bank Retired Executives’ Forum presides over the Eid reunion of the forum in the capital recently. Shadat Hossain, secretary of the forum was present in the programme along with others, said a press statement.  

Iran’s currency hit a record low yesterday of 100,000 rials to the dollar amid a deepening economic crisis and the imminent return of full US sanctions, reports AFP from Tehran. The unofficial rate stood at 102,000 rials by midday, according to Bonbast, one of the most reliable sites for tracking…

Industrial investment more than doubled in Nepal in the last fiscal year 2017-18 that concluded in mid-July, the Department of Industry (DoI) said on Saturday, reports Xinhua from Kathmandu. Investors registered 496 industries at the DoI with the committed investment of 350.58 billion Nepali rupees…