The world’s second-biggest apparel exporter is now home to fashion labels of its own. Bangladesh can chalk up this turn of fortunes to stable economic…

Farmers Bank Limited (FBL) has planned to cut at least 30 per cent classified loans in 2019 as the bank wants to join the new era with new name for expediting…

Stocks witnessed upward trend yesterday as major indices of both Dhaka and Chittagong Stock Exchanges rose with higher activities of some large-cap securities. The rising major sectors were insurance, engineering, textile and financial institutions. A total of 164 securities of the large-cap group moved…

Stretching as far as the eye can see, groves of gnarled olive trees in northwest Libya have proudly withstood the country’s devastating conflicts.…

High operating costs and tight customer budgets have left US coffee giant Starbucks needing a caffeine hit after it abandoned ambitious expansion plans…

North and South Korea broke ground yesterday on an ambitious project to modernise North Korean railways and roads and connect them with the South, but without progress in nuclear negotiations, regular trains won't be crossing the border anytime soon. The ceremony at the North Korean border town…

Chinese firms operating in Kenya have created over 50,000 local jobs with the proportion of local employees reaching 96 per cent in 2018, according to a report unveiled by Kenya-China Economic and Trade Association (KCETA) recently. Bilateral cooperation between China and Kenya has yielded fruitful…

Reduced production of OPEC member-states and other oil-exporting countries agreed at a meeting in Vienna in December will stabilize the oil market by the summer, Russia’s Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel on Tuesday. “I think that…

Kuwait on Tuesday signed a financing agreement worth 98.5 million U.S. dollars to help build 148 agricultural roads in Tunisia. The deal was inked between Zied Laadhari, Tunisian minister of development, investment and international cooperation, and Abdulwahab Ahmed Al-Bader, head of Kuwait Fund for…

Vietnam has enticed foreign investment of nearly 35.5 billion US dollars so far this year, posting a year-on-year decrease of 1.2 per cent, its Foreign Investment Agency said yesterday. Of the nearly 35.5 billion US dollars, nearly 18 billion US dollars were registered capital of 3,046 new foreign-invested…