Asian Development Bank (ADB) Country Director Manmohan Parkash yesterday said it is possible for Bangladesh to attain double digit growth by improving infrastructures, bringing in more investments, and developing human capital and a robust financial sector. “It’s quite possible for Bangladesh…

Garment shipments to mostly non-traditional major markets grew by 29.92 per cent on a year-on-year basis to USD683.65 million in the July-August period…

Both the bourses of the country slipped further yesterday following the selling tendency of pessimistic investors. Maintaining the downbeat trend of previous…

Sri Lanka's main financial regulator Tuesday ordered local and foreign banks to slash lending rates in an unprecedented move as the economy struggled to recover from the Easter attacks. The Central Bank of Sri Lanka said it ordered all commercial banks to reduce lending rates by a minimum of 200…

India's biggest maker of passenger vehicles Maruti Suzuki cut prices of some car models yesterday in a bid to boost sales as the auto sector struggles with weak demand amid a wider economic slowdown. The price reduction for 10 models comes ahead of two of India's biggest Hindu festivals, when…

China's economic growth will ease further next year due to slowing exports and US trade tensions, the Asian Development Bank warned Wednesday as it revised downwards its GDP predictions. The bank is now forecasting 6.2 per cent growth in 2019 and 6.0 per cent in 2020, a downgrade on its April predictions.…

US President Donald Trump and Japanese Prime Minister Shinzo Abe were due to unveil a new free trade pact to great fanfare on the sidelines of the UN…

Asian stock markets fell yesterday after US Democrats launched formal impeachment proceedings against Donald Trump and on renewed trade fears as the president…

WeWork co-founder Adam Neumann said Tuesday he is stepping down as CEO of the office sharing startup, calling the increased scrutiny he faced in recent…

Weeks after its latest attempted new start with an all-electric car, Volkswagen is again in the legal weeds over its years-old “dieselgate”…