Home / Business (page 36)

Business

Big Indian investment coming to Bangladesh

Bangladesh will see more investment from neighbouring country in the future as it has been containing a very favourable environment for Indian investors, said Dinesh Kumar Khara, Managing Director of State Bank of India. Mentioning that Indian investment in Bangladesh is going well, India’s banking boss came up with this hope in a trade meeting held between India Bangladesh Chamber ...

Read More »

Japan has second straight year of red ink on trade last year

Photo: In this July 8, 2019, photo, cars wait to be exported at Yokohama port, near Tokyo. Japan logged a deficit for a second straight year last year as its exports were hurt by a slowdown of demand in China amid a tariff war with the U.S. Government data released Thursday showed Japan’s exports fell 5.6% in 2019, to 76.9 ...

Read More »

Canada prosecutors propose £110m Volkswagen fine

Canadian prosecutors proposed to fine Volkswagen $196.5m Canadian dollars (£110m) over its emissions scandal. Volkswagen was charged in December with importing nearly 128,000 vehicles into Canada that violated emissions standards.Volkswagen, the major German automobile manufacturer, then pleaded guilty to dozens of counts of diesel emissions violations.Globally the scandal has already cost the company more than €30bn in fines, penalties and ...

Read More »

Economic Watch: A new epic — Chinese economy in 2020s

With the arrival of a new decade, one predictable thing about China in the 2020s is that it is shifting into a higher-quality economy that is more open and abounds with new opportunities for global businesses. Despite a cloud of challenges, China’s economy wrapped up 2019 with 6.1-percent GDP growth as a top performer among comparable economies. Acting as a ...

Read More »

German officials agree on plan to exit coal-fired power

Photo : A mining machine is working in the Inden opencast lignite mine in Schophoven, Germany. German officials have agreed on a plan to shut down the nation’s coal-fired power plants by the mid to late 2030s, the government said Thursday. A year ago, a government-appointed panel recommended that Germany stop burning coal to generate electricity by 2038 at the ...

Read More »

China, US sign phase-one trade deal

Photo: President Donald Trump shakes hands with Chinese Vice Premier Liu He, after signing a trade agreement in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. China and the United States formally signed their phase-one economic and trade agreement here on Wednesday, with Chinese Vice Premier Liu He and U.S. President Donald Trump inking the ...

Read More »

Bradford young woman proud to win Young Volunteer of the Year Award

  Khadeeja Bashir (21) from Bradford, who volunteers with Barnardo’s Bradford SENDIASS (Special Educational Needs and Disabilities Information Advice and Support Service), has won the nationwide Marsh Trust Young Volunteer of the Year Award. She was given the award by Barnardo’s Chief Executive Javed Khan at a special celebratory event at the HQ of Sainsbury’s in London for demonstrating an ...

Read More »

 Bangladesh Marine Academy receives recognition from MNTB

  The Merchant Navy Training Board (MNTB) has awarded the Bangladesh Marine Academy Centre Recognition as its bid to raise global maritime training standards takes hold. The Centre and Course Recognition accolades were developed last year by the MNTB to provide an independent assessment of maritime training around the world. Kathryn Neilson, Director of the MNTB, spoke of her pride ...

Read More »

Robi pays Tk 27.60 crore of BTRC’s audit claims

Robi Axiata Limited, country’s 2nd largest mobile phone operator, has paid Tk 27.60 crore to Bangladesh Telecommunication Regulatory Commission (BTRC) as the first installment of Tk 138 crore of the dues as directed by the High Court. The mobile phone company deposited the money on Tuesday, BTRC Senior Assistant Director Zakir Hossain Khan told UNB. Robi has Tk 867.23 crore ...

Read More »

Asian shares rise on optimism about US-China trade deal

Photo : This Aug. 23, 2019, file photo shows the New York Stock Exchange in New York. Global stock markets are subdued as investors look ahead to the signing of an interim U.S.-China trade deal. Asian shares followed Wall Street higher on Tuesday amid optimism that a trade deal between the U.S. and China will be a boon for the ...

Read More »