Commerce Minister Tipu Munshi yesterday laid emphasis on the singing of a preferential trade agreement (PTA) between Bangladesh and Nepal to boost trade and investment between the two countries. “Nepal is a close friend of Bangladesh. There is a possibility of increasing trade between the two…

Planning Minister MA Mannan yesterday said if novel coronavirus cannot be contained then it might have some impact on inflation in the coming months. “Corona (virus) is a global fear now and the global trade and commerce have already been affected to some extent due to the virus fallout. If it’s…

The Asian Development Bank (ADB) has expressed its keen interest to support Bangladesh in issuing local currency bond and helping to curb the Non-Performing Loans (NPLs) in the banking sector. Ingrid Van Wees, vice-president for Finance and Risk Management of the Asian Development Bank (ADB), showed…

Bangladesh Economic Zones Authority (BEZA) has received investment proposals amounting to around US Dollar 20.50 billion from 151 local and foreign business entities thanks to various steps of government to attract new investments, officials said. BEZA is responsible for establishing and managing of…

Most Asian markets rose for a second day yesterday following a blockbuster surge on Wall Street fuelled by hopes for a concerted global response to the…

Jack Welch, who built General Electric into a global industrial flagship and became one of America's best-known businessmen, died on Monday aged 84,…

Country’s premier bourse, Dhaka Stock Exchange (DSE), closed yesterday extending the gaining streak for second day as optimistic investors continued…

Waymo said yesterday it had raised $2.25 billion in its first external funding round to help the former Google car unit accelerate its deployment of autonomous cars and trucks. Born in a Google lab devoted to big-vision new technology, Waymo became a subsidiary of Alphabet in 2016 — and has been…

The Bank of England will “take all necessary steps” to support the UK economy from coronavirus fallout, governor Mark Carney said yesterday, as G7 finance ministers readied a coordinated response. Carney’s comments come as global stock markets experience heightened volatility, with…

Volkswagen on Monday said it will stop developing natural gas-fuelled cars as the German auto giant bets on electric engines in the battle to woo climate-conscious drivers. The VW group sold just 110,000 cars powered by compressed natural gas (CNG) worldwide last year, not enough to justify further…

The entrepreneurs of the United States (US) are very keen to strengthen the existing ties with Bangladesh and avail of the huge potentials of both countries to expand trade and economic relations. A delegation, led by Assistant US Trade Representative of South and Central Asia, yesterday expressed the…

Eurozone inflation fell to 1.2 per cent in February, official data showed yesterday, as the European Central Bank said it was preparing to respond to the economic impact of the coronavirus. The drop from 1.4 per cent in January means the rate is even further from the ECB’s target of just under…