The real wage growth in Bangladesh declined to 3.0 per cent in 2017 after showing an upward trend in the previous two consecutive years, according to a latest report of International Labour Organisation (ILO) released on Monday. The real wage in the country grew by 3.6 per cent and 3.5...
Read moreSoma, a 20-year-old woman who lost all her hopes after her husband left her several months back, has again started dreaming of a new life, thanks to the Self-Employment and Poverty Alleviation (SEPA) project.She is now learning plastic processing skills in a three-month training course conducted by the Bangladesh Industrial...
Read moreA visiting Chinese business delegation expressed on Monday their interest in investing in Bangladesh's pharmaceutical, agro-processing and information technology (IT) sectors.They also invited their Bangladeshi counterparts to explore business opportunities in a special economic zone (EZ) in China's Shandong province.They expressed their interest to strengthen bilateral trade relations between the...
Read moreManaging Director and CEO of NRB Bank Limited Md. Mehmood Husain and Project Director of a2i Md. Mustafizur Rahman exchanging documents after signing an agreement at ICT Tower in the city recently in presence of Secretary of ICT Division Juyena Aziz, senior officials and the bank's executives. Under the deal,...
Read moreChairman of Jamuna Bank Foundation Nur Mohammed, Managing Director and CEO of Jamuna Bank Shafiqul Alam and AMD Mirza Elias Uddin Ahmed, among others, seen on the dais of a free eye camp, diabetes and general treatment services, and blankets distribution ceremony organised by Jamuna Bank Foundation at Chatak Barat...
Read moreFRANKFURT AM MAIN, Nov 26 (AFP): Confidence among German business leaders continued to ebb in November, a closely-watched survey showed Monday, as Europe's largest economy confronts slowing growth and rising risks from abroad.Based on a poll of around 9,000 firms, the Munich-based Ifo institute's monthly barometer fell to 102.0 points,...
Read moreHANOI, Nov 26 (Reuters): Disbursement of foreign direct investment (FDI) in Vietnam in the first 11 months of the year rose 3.1 per cent from a year earlier to $16.5 billion, the Ministry of Planning and Investment said on Monday.However, FDI pledges in the 11-month period dropped 6.8 per cent...
Read moreTOKYO, Nov 26 (Reuters): Bank of Japan Governor Haruhiko Kuroda voiced confidence on Monday that the central bank can shrink its balance sheet at an appropriate pace without disrupting markets, when it exits ultra-loose monetary policy.He also said the BOJ's huge bond buying was aimed at achieving its two per...
Read moreCOLOMBO, Nov 26 (Reuters): The Sri Lankan rupee fell to an all-time low of 179.95 per dollar, as Moody's downgrade of the country's credit rating in the wake of a political crisis saw more investors dump rupee-denominated assets.Moody's downgraded Sri Lanka last week for the first time since it started...
Read moreTOKYO, Nov 26 (Reuters): Mitsubishi said on Monday its board removed Carlos Ghosn from his role as chairman, following his arrest and ouster from alliance partner Nissan last week for alleged financial misconduct.Ghosn's ouster marks the end of his chairmanship of Japanese automakers, just two years after he was praised...
Read moreDUBAI, Nov 26 (Reuters): China's state-owned CNPC has replaced France's Total in Iran's multibillion-dollar South Pars gas project, Iranian Oil Minister Bijan Zanganeh said, according to the semi-official news agency ICANA on Sunday."China's CNPC has officially replaced Total in phase 11 of South Pars but it has not started work...
Read morePARIS, Nov 26 (Reuters): The French government has dropped plans that would have eased the introduction of urban tolls amid nationwide protests against rising fuel costs, the transport minister said on Monday. Last month, Transport Minister Elisabeth Borne said a new law on mobility would allow cities to introduce congestion...
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