The government and UN agencies have jointly initiated a USD 12-million project to sustain the resilience of human and economic development in Bangladesh…

Danish Ambassador to Bangladesh Winnie Estrup Petersen yesterday said Denmark stands by Bangladesh in its quest to prepare itself for a smooth graduation taking into account the many challenges associated with the new status. Ambassador Winnie said Bangladesh will lose benefits in terms of low interest…

Amazon is still the dominant player in US e-commerce, but Walmart is seeing strong gains and is poised to become the number three online retailer, a market tracker said yesterday. Amazon's sales are likely to grow a robust 30 percent and its market share is likely to grow to 48 percent of online…

Stocks closed the week down yesterday with falling trend of all major price indices at Dhaka and Chittagong Stock Exchanges due to lower activities of some large-cap securities. The broader DSEX of the DSE finished the week with 14.48 points down at 5,244.63. The blue-chip DS30 and Shariah DSES also…

German Ambassador to Bangladesh Peter Fehren-holtz and his delegation were very impressed by Beximco’s green, state of the art factories and 350 acre beautiful campus with a wildlife sanctuary where 40,000 employees work in a comfortable and healthy environment. Furthermore, the German delegation…

Emirates Airline yesterday posted an 86 percent drop in half-year profits as the Middle East's leading carrier was hit by a hike in oil prices and currency devaluations. The Dubai-based airline in a statement its net profit in the six months to September 30 was also impacted by other challenges…

The pound plunged against the dollar and euro yesterday after ministers, including Britain's Brexit secretary Dominic Raab, quit in protest against…

Ride-share company Uber yesterday said that its net loss topped a billion dollars in the recently ended quarter as it pumped money into bikes, scooters, freight and food delivery. While a private company, Uber has taken to sharing quarterly earnings figures as it prepares for a keenly-anticipated debut…

Indonesia hiked interest rates again yesterday as weak trade data and a slumping currency prompted the central bank to boost borrowing costs for the sixth time this year. Bank Indonesia surprised analysts as it raised the key lending rate by 25 basis points to 6.0 percent, its latest policy move as…