Most Asian markets rose yesterday as traders overcame early jitters about the China-US trade talks that were fuelled by a report saying Beijing officials had raised doubts about the chances of a long-term deal. Investors were also spooked by a speech by Secretary of State Mike Pompeo,...
The government is creating a venture capital firm to nurture start-up entrepreneurs as the country is still at a nascent stage of tech-based business innovation. The Bangladesh Start-up Company with Tk 1.0 billion in paid-up capital and Tk 5.0 billion in authorised capital as per the Companies...
China's non-financial investment in countries along the Belt and Road (B&R) stood at 10.04 billion US dollars in the first three quarters, down 6.9 per cent year on year, according to the Ministry of Commerce. The investment took up 12.4 per cent of China's total non-financial outbound...
The private sector credit growth hit a fresh nine-year low in September this fiscal year (2019-2020) amid sluggish business activities in the country. In September, the private sector credit growth dropped to 10.66 per cent, the lowest after September, 2010, when it was 6.09 per cent, according...
The government will continue to provide cash incentives to exporters of leather goods and shoes for the next five years, Prime Minister Sheikh Hasina has said, report agencies. The Prime Minister said this Wednesday while addressing the Bangladesh Leather Footwear and Leathergoods International Sourcing Show (BLLISS) at...
British retailers reported that their sales fell at the gentlest pace in six months in October but uncertainty about Brexit contributed to the highest stock levels on record, an industry survey showed. The Confederation of British Industry said on Monday its monthly index of reported sales rose...
Bangladesh will be able to double its export to India in three years if the former can utilise its trade potential in the northeastern Indian states, according to the India-Bangladesh Chamber of Commerce and Industry (IBCCI). Bangladesh’s export to India crossed $1 billion in the last fiscal year...
America's budget deficit soared to nearly $1 trillion in
the 2019 fiscal year as government borrowing swelled, the US Treasury announced
Friday. The fourth straight year of broadening budget gaps underscored a new
tolerance for yawning fiscal imbalances in the current political era. Republican
lawmakers' oft-stated fears of weak fiscal discipline...
With sales sliding by nearly 60 per cent, the government measures intended to contain transactions of savings instruments have started making an impact. The sales of four popular savings instruments during the July-September period last was Tk 90 billion, a 59.4 per cent decline over the same...