Economy

ADB to provide $300m to upgrade skills, competitiveness in Bangladesh

Shawdesh desk; The Asian Development Bank (ADB) and the government of Bangladesh today signed a $300 million loan agreement to strengthen the skills base and training programs for Bangladesh’s workforce.

Canada backs US in GMO corn trade row with Mexico

shawdesh desk: Canada will back the United States in a trade row with Mexico over genetically modified corn, its trade minister announced Friday. The United States last week announced the

Success of Universal Pension Scheme depends on people’s confidence: Experts

Shawdesh Desk: The success of the newly introduced universal pension scheme, aimed at fulfilling constitutional aspirations for a welfare state, hinges on gaining the confidence of millions in the private

France to spend €200m destroying wine as demand falls

Shawdesh desk: The French government is allocating €200m (£171.6m) to destroy surplus wine and support producers. It comes amid a cocktail of problems for the industry, including a falling demand

Parcel delivery giant UPS avoids first strike in 25 years

Shawdesh desk: UPS has avoided its first US strike in more than 25 years as the union representing its workers said a new five-year contract has been approved. The two

Bumper off-season watermelon production in Khulna region

Shawdesh desk: Farmers of Khulna become very happy as huge watermelon are growing during this off-season. Around five hundred hectares of land have been brought under watermelon cultivation exceeding the

Thailand posts lower than expected second quarter growth

Shawdesh Desk: Thailand registered lower than expected economic growth of 1.8 percent in the second quarter, official data released Monday showed. Officials blamed a slowdown in exports, which fell 5.7

Dhaka stocks dip

Shawdesh Desk: Dhaka stocks declined on Sunday as investors remained cautious and lacked the confidence to make new investments in the market, market operators said. They said that investors’ engagement