After years of profiting from cheap labor, Southeast Asian businesses paying wages low enough to undercut China are being forced to accept it is time they paid people a bit more.

The United States needs to raise taxes and cut spending to address the looming fiscal cliff, IMF chief Christine Lagarde said Sunday, warning that anything less would undermine economic confidence.

The country took a successful stride forward in attracting foreign investment thanks to the Bangladesh Investment Summit in Singapore on December 4.

The first quarter of the current fiscal year saw the country consolidate its balance of payment surplus on the back of high inward remittance and low import bills.

Stocks opened the week with downward pressure yet again, thanks to investors' selling spree in anticipation of a bear run.

The small and medium enterprises that are run by women guarantee faster economic growth, but access to finance remains a major barrier to women entrepreneurship, said Melanne S Verveer, US ambassador-at-large for global women's issues.

United Commercial Bank Ltd (UCB) will begin mobile banking this month.

The World Bank (WB) has commended Bangladesh and the Maldives for adopting schemes to boost the resilience of their peoples against global warming, while the Doha climate conference ended without reaching an accord to raise a $100 billion fund annually by 2020 -- a general pledge that was made th...

Finance Minister AMA Muhith Saturday was highly critical of the Washington-based World Bank (WB) for its failure to promote many innovative and risky activities in Bangladesh.

The World Bank (WB) Saturday said it would finance the US$2.9 billion Padma Bridge project only after a full and fair probe by the Anti-Corruption Commission into graft allegations.