Syed Mohammad Kamal, new president of AmCham
9 hour(s) ago
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$404m WB loan, grant for health, nutrition services in Bangladesh
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Business
Could a Brexit weaken Europe's ability to tackle global poverty?
With three days to go until Britain holds a referendum on its European Union membership, voters have the chance to reflect on key arguments made by both sides about immigration, the cost of belonging to the EU, and security.
20 June 2016, 18:00 PM
China's Xi weaves Poland into 'new silk road' plan
CHINESE President Xi Jinping drummed up investment and trade with Poland on Monday as the European Union's largest eastern economy eyes financing by the Asian giant.
20 June 2016, 18:00 PM
Greek taxes strangle funds industry in name of austerity
GREECE'S latest austerity measures are choking off one of its few sources of local private investment, the funds management industry, thanks to massive tax hikes buried in 7,500 pages of financial reforms approved by the parliament last month.
20 June 2016, 18:00 PM
India announces sweeping foreign investment reforms
India Monday announced a sweeping relaxation of foreign direct investment (FDI) rules in civil aviation, defence and a string of other sectors as part of efforts to open up the economy.
20 June 2016, 18:00 PM
VW faces shareholder wrath at annual meeting
Embattled German auto giant Volkswagen will face the wrath of its shareholders at its annual meeting on Wednesday as it struggles to steer itself out of an unprecedented engine-rigging scandal.
20 June 2016, 18:00 PM
Pound sees biggest daily gain since 2008
The pound has jumped the most against the dollar in more than 7 years, as traders reassessed the likelihood of the UK leaving the European Union.
20 June 2016, 18:00 PM
Rupali Bank official gets jail term for embezzling depositors' money
A Chittagong court yesterday sentenced a former bank official to six years in jail for two separate cases filed by the Anti Corruption Commission over misappropriating about Tk 9 lakh of depositors' money.
20 June 2016, 18:00 PM
Small banks help Iran slowly restore foreign financial ties
Iran is gradually restoring banking links with the rest of the world by forging ties with smaller foreign institutions, even though large global banks are still holding back because of legal risks, Iranian officials and foreign bankers say.
15 June 2016, 18:00 PM
Cybercrime market sells servers for as little as $6 to launch attacks
A major underground marketplace acting like an eBay for criminals is selling access to more than 70,000 compromised servers allowing buyers to carry out widespread cyber-attacks around the world, security experts said on Wednesday.
15 June 2016, 18:00 PM
London traders brace for biggest night since 'Black Wednesday'
The world's biggest banks including Citi and Goldman Sachs will draft in senior traders to work through the night following Britain's referendum on EU membership, set to be among the most volatile 24 hours for markets in a quarter of a century.
15 June 2016, 18:00 PM
Osborne warns of UK tax hikes, spending cuts if voters shun EU
British Finance Minister George Osborne, battling to keep the country in the EU, warned voters that he will take new austerity measures if they decide to leave the bloc in next week's referendum.
15 June 2016, 18:00 PM
US investment agency begins financing of first Myanmar project
The US government's development finance institution has launched operations in Myanmar with a $250 million loan to a telecoms company, it said on Wednesday.
15 June 2016, 18:00 PM
Sri Lanka approves capital gains tax after IMF loan
Sri Lanka's cabinet approved Wednesday the introduction of a capital gains tax for the first time in 14 years, as the island battles a revenue crisis that has forced an IMF bailout.
15 June 2016, 18:00 PM
Indian sugar refiners can benefit from export tax
India's planned sugar export tax of 25 percent, intended to maintain local supplies, could boost opportunities for Indian refiners who unlike mills will not be subject to the tax, enabling them to sell to places such as Myanmar and Sri Lanka.
15 June 2016, 18:00 PM
Prosecutors raid Daewoo Shipbuilding in fraud probe
Prosecutors on Wednesday raided Daewoo Shipbuilding and Marine Engineering Co., one of South Korea's three giant shipbuilders, as part of a probe into a $2 billion accounting fraud.
8 June 2016, 18:00 PM
Japan revises up Q1 growth, cooling stimulus hopes
Japan's economy expanded at a slightly faster pace than first thought, revised figures showed Wednesday, knocking hopes that the central bank will unleash fresh stimulus this month.
8 June 2016, 18:00 PM
EU warns Thailand over illegal fishing
The EU warned Thailand on Tuesday to take "swift and determined" action against illegal fishing, or risk a European ban on its fish exports.
8 June 2016, 18:00 PM
ECB pours cash into company bonds to boost eurozone
The European Central Bank on Wednesday took the unprecedented step of buying corporate bonds, its latest weapon in a desperate battle to kick-start sluggish growth and inflation in the eurozone.
8 June 2016, 18:00 PM
S Africa sees surprise sharp downturn
South Africa's economy contracted by 1.2 percent at the start of the year in a surprise sharp downturn for Africa's most industrialised nation, official statistics showed Wednesday.
8 June 2016, 18:00 PM
Oil holds above $50 on weak dollar, supplies data in focus
Oil prices held above $50 in Asia on Wednesday thanks to a weak dollar as traders await the release of US inventory data later in the day. Traders are expecting US Department of Energy weekly stockpile numbers to show another drop after recent losses, helping to build on a 90 percent rebound in the commodity since the start of the year.
8 June 2016, 18:00 PM