Default loans hit historic high of Tk 1,82,295 crore
6 June 2024
•
Business
‘Some traders exploiting onion price differences of India, Bangladesh’
11 December 2023
•
Business
Provati Insurance enters securities trading business
11 December 2023
•
Business
Nine building blocks for a future-proof digital bank
11 December 2023
•
Business
'Onion hoarders will be punished'
11 December 2023
•
Business
1.7 tonnes of onion found in shop with ‘No onion’ sign
10 December 2023
•
Business
Highest VAT depositor nine firms honoured
10 December 2023
•
Business
Renata all set to enter Australian pharma market
10 December 2023
•
Business
Single point mooring transports 60,000 tonnes diesel in 35 hours
9 December 2023
•
Business
ASM Mohiuddin Monem again becomes Cumilla’s top taxpayer
9 December 2023
•
Business
India cenbank to focus on growth even as inflation breaches tolerance band
The Reserve Bank of India is unlikely to react yet to multi-month high retail prices as economic recovery remains its prime focus amid the deadly second wave of the pandemic, according to two senior sources aware of the central bank’s thinking.
15 June 2021
Fed walks tightrope between big jobs gap and rising inflation
Federal Reserve officials meet this week faced with ongoing tension between their two main goals, as inflation rises faster than expected even with millions of Americans still unemployed more than a year after the onset of the coronavirus pandemic.
15 June 2021
India to expedite Amazon, Flipkart antitrust probe
India’s antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com Inc and Walmart Inc’s Flipkart, as it intensifies scrutiny of big-tech firms, two people close to the matter said.
15 June 2021
LafargeHolcim joins hand with HSBC in payments automation
The Hongkong and Shanghai Banking Corporation (HSBC) recently implemented a host-to-host connectivity with LafargeHolcim Bangladesh by integrating their enterprise resource planning system with HSBC connect.
15 June 2021
German industry group criticises China over new sanctions law
Germany’s powerful BDI industry association criticised China on Tuesday for passing a law to counter foreign sanctions, which it said sent a worrying signal to investors and companies abroad.
15 June 2021
UK sees record jump in employee numbers in May
The number of employees on British company payrolls surged by a record amount in May as Covid restrictions eased and pubs and restaurants resumed indoor service, though it still remains more than half a million below its pre-pandemic peak.
15 June 2021
Britain and Australia announce free trade deal
Britain and Australia announced a trade deal on Tuesday that will eliminate tariffs and red tape, hailed by British Prime Minister Boris Johnson as “a new dawn” in the two countries’ relations.
15 June 2021
Emergence of central bank digital currency and Digital Bangladesh
Four years ago, there was a lot of buzz around cryptocurrencies, primarily due to the enormous success of bitcoin. The peak value of bitcoin was staggeringly high at that time—several times the per capita economic output of Bangladesh.
15 June 2021
Govt scraps plan to phase out reconditioned cars
The government has withdrawn its plans to phase out reconditioned car imports over the next five years considering the growing demand for private transport, according to the draft Automobile Industry Development Policy 2021.
15 June 2021
BGMEA urges Switzerland for extension of duty-free access
The garment makers' platform today urged Switzerland to extend duty-free access to Bangladeshi apparels for 10 years under the Everything but Arms scheme to ensure smooth transition of Bangladesh to a developing country
15 June 2021
Stocks bounce back
The country's stock market bounced back today, as investors came out from the profit booking tendency of the last two days.
15 June 2021
ACI stocks soar on news of Tk 84cr foreign investment
ACI stocks soared yesterday when news broke that its subsidiary ACI Motors is set to receive Tk 83.99 crore in foreign investment for the expansion of its vehicle manufacturing capacity.
14 June 2021
Make farm machinery affordable
The government should provide at least 80 per cent subsidy to farmers to bring agriculture machinery within their purchasing power.
14 June 2021
World stocks near record high as investors await dovish Fed act
Global shares held firm near record highs on Monday while US bond yields flirted with three-month lows as investors expect the Federal Reserve to stick to its dovish mantra later this week.
14 June 2021
Tax benefit to spur growth of oceangoing shipping sector
Bangladesh’s fleet of oceangoing vessels is expected to expand in the coming years after the National Board of Revenue eased age rules for ships to qualify for VAT exemption during imports and cut advance income tax.
14 June 2021
Euro zone production stronger than expected in April
Euro zone industrial production was stronger than expected in April, driven by a more than doubling of durable consumer goods output from a year earlier as economies steadily reopened after Covid-19 pandemic lockdowns, data showed on Monday.
14 June 2021
Strong bike industry inspires component makers
Buoyed by the government policy aimed at developing the motorcycle industry, local companies are gradually making a foray into the component manufacturing segment with a view to cutting the country’s reliance on imports.
14 June 2021
EU hires banks for first recovery fund bond
The European Union on Monday hired banks for a 10-year bond sale, the first to finance its recovery fund, according to two lead managers, a crucial step in financing the bloc’s economic recovery from the coronavirus pandemic.
14 June 2021
Rising yarn prices threaten garment export recovery
Local garment exporters are feeling the pinch of a sudden unusual rise in yarn prices in the local and international markets, a development that is threatening to derail the recovery of the apparel shipment from the pandemic-induced slowdown.
14 June 2021
Bitcoin rises 9.8pc to $39,035
Bitcoin surged 9.8% to $39,035.47 on Sunday, adding $3,492.71 to its previous close.
14 June 2021