Industries Minister Nurul Majid Mahmud Humayun yesterday asked the officials of SME Foundation to give a specific proposal for the development of the country’s small and medium industries. “Large projects need to be taken for the development of small and medium industries. Through large…

President of Incheon Support Centre for Foreign Workers Kim Jae Eup has assured Bangladeshi workers in South Korea to resolve their difficulties, if any, by engaging with them intensely through counseling and other methods. He also encouraged them to learn different skills, offered by the centre free…

Business leaders yesterday  demanded the government to introduce one stage Value Added Tax (VAT) in importing edible oil. They came up with the demand at a seminar on ‘Role of Tariff Commission for Protecting the Interest of Domestic Industry and Creating Awareness Regarding VAT’ in…

The government has taken up a project to construct 2,082.5 kilometres of transmission line and provide 19.5 lakh power connections to people at the grassroots…

Stock markets closed yesterday of the week with downward trend due mainly to price fall in large-cap securities. The falling major sectors were insurance…

Germany’s Siemens and France’s Alstom have made new concessions in an effort to convince the European Commission to approve their tie-up that…

The US Treasury Department lifted sanctions Sunday on Russian aluminum giant Rusal and two related companies after blacklisted billionaire Oleg Deripaska took action to sharply cut his stake in them. The tycoon is known to have friendly relations with Russian President Vladimir Putin and had business…

Lending to the private sector in the eurozone picked up pace in December, official data showed Monday, suggesting little effect from the withdrawal of a key pillar of central bank stimulus last month. Borrowing among eurozone firms and households grew 3.4 per cent year-on-year in December, European…

Chinese bank regulators approved the registration of S&P Global’s Chinese entity yesterday, giving the US tech firm access to the country’s credit rating market, as the China-US trade war grinds on. The People’s Bank of China—China’s central bank—said S&P…

Greece yesterday issued a five-year bond, a finance ministry source said, its first such debt issue since exiting its last bailout. The ministry source confirmed the issue to the news agency without specifying the amount sought, which according to reports is between two and 2.5 billion euros ($2.9 billion).…