Category Archives: Business

World Bank indirectly backs harmful SE Asian projects: report

World Bank indirectly backs harmful SE Asian projects: report

  World Bank investments in commercial financial institutions are indirectly allowing land-grabs, evictions and pollution in Southeast Asia, a watchdog group charged in a report Friday. By investing in banks and other so-called financial intermediaries, World Bank funds can increase poverty, social strife and ...

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ADP implementation rate witnesses a rise

ADP implementation rate witnesses a rise

  Implementation rate of the Annual Development Programme (ADP) for the first eight months (July-February) of fiscal year 2016-17 was 37 percent with an expenditure of Tk 45,532 crore. The implementation rate for the period was 3.0 percent higher from ...

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Pre-booking opens for dual back lens phone Helio S25

Pre-booking opens for dual back lens phone Helio S25

  Edison Group announced the latest addition to their Helio lineup, the Helio S25. This all new dual rear lens phone is inspired by their remarkable consistency of the Helio series.   This successor to the tremendously popular Helio S2 ...

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Oil slides below $50

Oil slides below $50

  Oil prices took a battering on Thursday, with US prices falling below $50 for the first time this year, on signs a global supply glut is not going away. The euro meanwhile rallied briefly against the dollar as the ECB said ...

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Walton will be Bangladesh’s flagbearer says HT Imam

 12th March, 2017   Keeping pace with the present time, Walton not only implemented digital methods but is also manufacturing high standard electric and electronics products with the practical implementation of the modern science and technology. Walton will be the ...

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Oil prices fall to 2017 low as US petroleum supply surges

9th March, 2017   Oil prices slumped to their lowest level of 2017 Wednesday following a bearish US supply report that also dented American petroleum-linked shares.   The US oil benchmark, West Texas Intermediate, slid more than five percent to ...

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‘Declining exports, remittances exert pressure on reserve’

4th March, 2017 Declining growth in export shipment, falling wage earner’s remittance and a consequent deficit in current account balance are likely to exert pressure on the country’s balance of payments, says a prominent think tank.   The Unnayan Onneshan ...

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Bangladesh earns Tk 73 bn in jute exports in FY16

 1st March, 2017   Bangladesh has earned close to Tk 72.94 billion in the fiscal 2015-16 by exporting 1.96 million bales of jute and jute products. This amount is about Tk 8.75 billion more than the amount earned by exporting ...

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