Some Subway India outlets drop tomatoes citing poor quality amid price surge

Two weeks ago, McDonald's restaurants in India dropped tomatoes from their burgers and wraps in many parts of India due to quality issues.
22 July 2023, 11:01 AM

Russia bombards Ukraine ports, threatens ships, jolting world grain markets

At least 27 civilians were reported hurt in the air strikes on the ports, which set buildings ablaze and damaged China's consulate in Odesa.
20 July 2023, 16:14 PM

Gold prices cross Tk 1 lakh a bhori for the first time

The rate will be effective from tomorrow
20 July 2023, 14:38 PM

India bans non-basmati rice export with immediate effect

The top rice exporter fears a production fall for late start of monsoon rains
20 July 2023, 14:02 PM

Business leaders worried over Russia's exit from grain deal

Six major trade bodies in Bangladesh expressed their concern
19 July 2023, 12:20 PM

Local wholesale wheat prices start rising

But retail prices still unhurt by Russia’s grain deal exit
18 July 2023, 15:26 PM

What is the Black Sea grain deal and what happens when it expires?

The deal, brokered by the United Nations and Turkey last July, aimed to alleviate a global food crisis by allowing Ukrainian grain blocked by the Russia-Ukraine conflict to be exported safely
17 July 2023, 13:07 PM

Credit Suisse inquiry will keep files secret for 50 years

A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years, according to a parliamentary committee document, a level of secrecy that has triggered concern among Swiss historians.
16 July 2023, 05:43 AM

'Bangladesh to seek US duty benefit again in next Ticfa meet'

Senior Commerce Secretary Tapan Kanti Ghosh says
15 July 2023, 16:25 PM

Kamal leaves for India to join G20 summit

Bangladesh is one of the nine guest countries of the summit this year
15 July 2023, 12:33 PM

Germany’s China policy makes life easier for its companies

Germany’s coalition government, long divided among its parties on how far Berlin should go to insulate itself from its biggest trading partner, has finally published its first strategy on the People’s Republic. Europe’s largest economy made it clear it’s now aligning more with Brussels and Washington on everything from supply chain risks and technology export controls to human rights concerns, after years of viewing China primarily as a lucrative market.
15 July 2023, 11:44 AM

Oil prices fall on profit-taking, still record weekly gain

Oil prices fell more than a dollar a barrel on Friday as the dollar strengthened and oil traders booked profits from a strong rally, with crude benchmarks recording their third-straight weekly gain.
15 July 2023, 09:04 AM

Rupee-UAE dirham trade mechanism may launch during Modi visit Saturday

India and the United Arab Emirates may announce the start of a rupee-dirham payment mechanism to settle bilateral trade during Prime Minister Narendra Modi's visit to Abu Dhabi on Saturday, industry and government sources said.
15 July 2023, 07:19 AM

Exclusive: Russia sets plans for oil export cuts in August

Russian oil exports from western ports are set to fall by some 100,000-200,000 barrels per day next month from July levels, a sign Moscow is making good on its pledge for fresh supply cuts in tandem with OPEC leader Saudi Arabia, two sources said on Friday, citing export plans.
15 July 2023, 07:14 AM

UN waits for Russian answer as Black Sea grain deal deadline looms

United Nations Secretary-General Antonio Guterres is still waiting for a response from Russian President Vladimir Putin on a proposal to extend a deal allowing the safe Black Sea export of Ukraine grain beyond Monday, a UN spokesperson said on Friday.
15 July 2023, 07:08 AM

China's exports fall most in three years as global economy struggles

China's exports fell the most in three years in June, slumping a worse-than-expected 12.4 per cent year-on-year, as signs mount of stress from the struggling global economy and Chinese policymakers face growing pressure for stimulus measures.
13 July 2023, 06:55 AM

Six chambers urge govt to seek extension of Black Sea grain deal

The Black Sea Grain Initiative, negotiated by the United Nations and Turkey, is an agreement that allows Ukraine to export millions of tonnes of grain through the Black Sea despite the ongoing war with Russia.
11 July 2023, 10:49 AM

Export, import through Indian rupee begins

LCs were handed over to Tamim Agro, Shahjahan Mia, Nita Company and Abdul Matlub Ahmad
11 July 2023, 07:14 AM

Dual currency Taka-Rupee card from September

Bangladesh Bank is going to introduce dual currency Taka-Rupee card in September this year to allow travellers to make payments at home as well as in India
11 July 2023, 06:24 AM

Bangladesh, India to launch trade in rupee today

The move is likely give some respite to the importers since they will be able to open LCs in rupee to source a portion of the products from India
11 July 2023, 05:15 AM