Tradeshi Limited and Alibaba.com’s channel partner has announced Bangladeshi SMEs are to be included for the first time in the Chinese e-commerce giant’s massive B2B sourcing event, #SuperSeptember. Shadab Parvez, founder of Tradeshi Ltd, said the maturity of marketing alignment and budget spent by Alibaba makes buying...
Japan’s exports slipped for an eighth month in July, while manufacturers’ confidence turned negative for the first time in over six years as China-bound sales slumped again in a fresh sign the Sino-US trade war could tip the economy into recession. The gloomy data underscored the challenge...
Local firms are increasingly embracing robots to increase productivity and competitiveness -- a development that is poised to displace workers in the labour-abundant country. Industrial robots are mainly in use in plastic, apparel and automobiles plants and printing firms to make products, according to import data and...
Asian markets rallied Monday following a strong lead from
Wall Street and comments from Donald Trump's top economic adviser hailing
"positive" trade talks with top Chinese negotiators. Optimism that
central banks will provide fresh support to head off a global economic
recession has also lent much-needed support to regional equities after...
Loan write-offs almost quadrupled in the first quarter of the year on the back of the central bank’s easing of rules, in a sobering reminder of the banking sector’s deteriorating financial health. Between January and March, Tk 557.30 crore was written-off, in contrast to Tk 141.26 crore...
Korea has shown interest to invest in 10 public-private partnership (PPP) projects in the aviation, rail and power sectors under government-to-government arrangements. However, Bangladesh sought investment in 14 projects in the rail, road, power and textile sectors at the first Bangladesh-Korea joint platform meeting held in Seoul...
The World Bank (WB) has suggested Bangladesh avail new funding opportunity -- 'credit guarantee' -- for financing the country's development projects, officials said. Borrowing money for the credit guarantee scheme will be comparatively harder than the current aid facilities from IDA for Bangladesh, they added. A WB...
Asian markets rose Thursday on
bargain-hunting by investors following a week of heavy losses due to anxiety
over the deepening US-China trade war. But tensions remained high, prompting a
rush on safe-haven assets such as bonds, gold and the Japanese yen. Bond yields
plunged on Wednesday as prices climbed, with the...
Centre for Policy Dialogue (CPD) has decided to set up ‘citizen’s review commission’ on banking in view of what it said the “deteriorating health” of the banking sector and the “inertia” of the government to address the problems pro-actively. This was decided by the Board of Trustees...