Finance Minister Abul Maal Abdul Muhith yesterday hoped that the country’s power generation capacity would reach 30,000 MW by the year 2024 and…

Finance Minister AMA Muhith yesterday expressed optimism about the future of country's handloom industry. He said government attaches much importance to the promising handicraft sector as a heritage of Bangladesh, reports UNB. Speaking at the inauguration programme of country's first 'Heritage…

Bangladeshi expatriates sent home US$1,127.36 million as remittance in September of the current fiscal 2018-19, according to a BSS report quoting Bangladesh Bank (BB) data. In September this fiscal, six state-owned commercial banks- Agrani, Janata, Rupali, Sonali, Basic and BDBL- received $289.67 million…

Stocks closed the week yesterday with rising trend of all major price indices at Dhaka and Chittagong Stock Exchanges on higher transactions, reports…

The dollar continued to brush aside other currencies yesterday after further proof of the booming US economy sent Treasury yields surging, but Asian equities…

A no-deal Brexit risks sending the British economy into recession in 2019, the head of the Royal Bank of Scotland warned yesterday, reports AFP from London. The lender's consensus economic forecast for "next year says about 1.0-1.5 growth in the economy if we get an okay Brexit scenario,"…

US President Donald Trump on Wednesday shrugged off a New York Times investigation that concluded he made his fortune with the help of more than $400…

Japanese carmaker Honda has joined forces with the General Motors tech startup Cruise to develop autonomous vehicles as the race to market self-driving…

The head of the IMF yesterday called for an overhaul of Japan's economic policy, as the world's third-biggest economy battles stubborn low inflation,…

Canada's resources minister said Wednesday Ottawa was relaunching consultations with indigenous groups on the Trans Mountain pipeline to the Pacific…

India's government cut fuel duties yesterday in an attempt to quell public anger and opposition pressure ahead of elections due in 2019, reports AFP from New Delhi. Following sharp rises in recent months due to a higher oil price and a record low rupee, the retail price for both petrol and diesel…

Italy's populist government bowed to pressure from the European Union over its spending plans with an offer on Wednesday to taper budget deficit targets beyond 2020, as it looked to reassure nervous markets, reports AFP from Rome. Rome sparked disquiet last week by unveiling a budget that set the…