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Russia sees ‘solid foundation’ for extending oil alliance

JEDDAH, Saudi Arabia – Russia said there was a “very solid foundation” for extending cooperation between OPEC and non-OPEC countries at a meeting Friday of oil producers in Saudi Arabia, reports BSS. Oil kingpin Saudi Arabia said a “consensus” was ...

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Stocks open week down as major sectors dip

DHAKA – Stocks witnessed a sluggish trend on the first day of the week on Sunday as most of the indices of both Dhaka and Chittagong stock exchanges witnessed a fall, reports BSS. The major falling sectors were pharmaceuticals and ...

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Ethiopia export revenue hits 42 mln USD from industrial parks in six months

ADDIS ABABA – Ethiopia earned 42 million US dollars in export revenue from industrial parks during the first six months of Ethiopian Fiscal Year 2017/18 which started July 9, an Ethiopian official said on Saturday, reports BSS. Speaking to journalists, ...

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WB approves $15m credit to help Bangladesh improve its statistics

DHAKA – The World Bank has approved a US$15 million financing to help Bangladesh produce timely and quality statistics, reports BSS. This credit will help the country make more evidence-based policy decisions, according to a press release of the World ...

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Hosting Merkel, Macron gets chance to push EU business

PARIS – Having finally secured her fourth term as Germany’s chancellor, Angela Merkel heads to France on Friday for talks with President Emmanuel Macron, who is eager to push ahead with EU overhauls, reports BSS. Macron has called for a ...

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EU hopes for clarity from crunch US trade talks

Top EU trade officials will hold crunch talks with their US counterparts in Brussels on Saturday hoping to get “clarity” on President Donald Trump’s controversial new steel and aluminium tariffs.Trump’s announcement of duties of 25 percent on imported steel and ...

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BB’s sharecropper scheme empowers rural women

The life of Lutfa Begum was not easy like now as she and her husband could not properly manage all expenses needed for their family, even the education of their children, for money crisis.Poverty led Lutfa’s conjugal life to trouble. ...

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China the biggest trade partner for all Australian states: Aussie report

China remains the largest trading partner for all six Australian states, a report said on Monday.The “Australia’s Trade by State and Territory 2016-17” report, released by the Department of Foreign Affairs and Trade (DFAT) on Monday, found that Western Australia ...

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Bangladesh makes progress in JBIC Survey on Japanese Companies

Bangladesh has leaped forward to 14th place from 21st as a ‘Promising Country for Overseas Business over the Medium-term (next 3 years or so)’ according to Japanese manufacturing Small and Medium Enterprises (SMEs), reports BSS.This has been reported in the ...

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Confidence Batteries Ltd. extends support to Solar Power Tricycle Project of Dhaka University

Dr. Tawfiq-e-Elahi Chowdhury, Energy Adviser to the Prime Minister, has inaugurated the Pilot Project of Solar Power Tricycle of Institute of Energy, Dhaka University, a press release said.The project was inaugurated during the ’18th National Renewable Energy and Green Expo ...

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