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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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Electricity production at Payra power plant begins

Payra coal-fired power plant. Photo: Collected Electricity production at the coal-fired Payra thermal power plant started in Patuakhali’s Kalapara upazila on Monday. The ministry of Power, Energy and Mineral Resources informed that the power generated from the plant is added ...

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Bangladesh to take part in ‘Ambiente Fair 2020’

Thirty-four exhibitors from Bangladesh are going to take part in the world’s largest consumer goods fair – the Ambiente Fair 2020 – in Germany. Of the participants, Paragon Ceramic, Shinepukur, Peoples Ceramic, Monno Ceramic, FARR Ceramics, San Trade, and RFL ...

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‘Bullitt’ Mustang sells for $3.74 million at Florida auction

Photo : People surround the original 1968 “Bullitt” Mustang GT Friday, Jan. 10, 2020 in Kissimmee, Fla. The Highland Green 1968 Ford Mustang GT featured in the film “Bullitt” was sold Friday at a Florida auction house for $3.74 million. ...

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Wine sellers call for a rethink of US tariffs

A century ago new restrictions on selling alcohol left America’s wine merchants reeling. Now, US President Donald Trump’s decision to raise taxes on European wine imports to 100% presents a similar threat, the industry says.Wine sellers are warning that their ...

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World Bank warns on global growth

Global economic growth is likely to be only slightly faster this year than the weak performance seen in 2019, according to a World Bank forecast. The world economy is likely to expand by 2.5% in 2020, up from 2.4% last ...

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