Bangladesh Economic Zones Authority (BEZA) and the Korea Industrial Complex (KIC) Company Limited yesterday signed an Memorandum of Understanding (MoU) to establish an industrial park in the country. In the presence of BEZA Executive Chairman Paban Chowdhury, BEZA executive member (additional secretary)…

Asian investors moved cautiously yesterday as optimism over the China-US trade talks was offset by profit-taking after a recent rally. Another record close on Wall Street provided another positive lead for regional traders, who are keeping tabs on progress in the tariff negotiations, with expectations…

The US trade deficit fell by the most in eight months in September as imports of autos, mobile phones and other electronics retreated after the pre-tariff surge in August, according to government data Tuesday. Total exports also fell as the world’s appetite for key American products, including…

Country’s premier bourse, Dhaka Stock Exchange (DSE) observed yesterday an amazing session with over 1 per cent gain in prime index, buoyed by the…

Industrial orders in Europe’s largest economy Germany swelled in September, official data showed yesterday, in a bright spot among forward-looking data weighed down by trade wars. New contracts increased 1.3 per cent month-on-month, federal statistics authority Destatis said in seasonally-adjusted…

The European Union and China struck a deal on Tuesday to protect the geographic origins of 200 regional products like Roquefort cheese or Pu’er tea. Henceforth, in trade between the global giants, consumers must trust that booze labelled as Scotch whisky comes from Scotland and Moutai liquor comes…

German carmaker BMW said yesterday it was on track to hit performance targets for 2019 despite “difficult conditions”, after the third quarter brought rising sales and profits. BMW’s bottom line swelled 11.5 per cent to over 1.5 billion euros ($1.6 billion), lifted by the comparison…

A tripartite collaboration was signed to promote hybrid crop seed of Corteva Agrisicence in Bangladesh yesterday. Petrochem Bangladesh Limited, Corteva…