Taiwan blocks Uber's $950 mln Foodpanda deal, CNA reports

Uber and Delivery Hero announced the Taiwan deal in May, which also included a separate agreement for Uber to purchase $300 million worth of newly issued shares of the German food delivery firm
25 December 2024

Honda, Nissan tie-up requires something neither can spare: time

Nissan's junior partner, Mitsubishi Motors, will decide by next month whether it plans to take part.
25 December 2024

US consumer confidence takes unexpected hit in December

The US consumer confidence index slipped to 104.7 in December, down from a revised 112.8 last month, The Conference Board announced in a statement.
25 December 2024

China says to raise deficit, boost spending next year: state media

The world's second-largest economy has for years battled sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt
25 December 2024

Union leaders demand emergency fund for laid-off RMG workers

They made the demand in a meeting with the Labour Reform Commission
23 December 2024

Honda and Nissan start merger talks in historic pivot

The integration would create the world's third-largest auto group by vehicle sales after Toyota and Volkswagen. I
23 December 2024

Bangladesh, WB sign two deals worth $900 million for environment sustainability

These two financial agreements will help Bangladesh achieve green growth: WB country director
22 December 2024

Explanations sought from 13 banks for higher dollar rate

BB issued letters on Dec 19 and the deadline for explanation ends today
22 December 2024

ACI Motors sells 18.5% stake to Japan’s Mitsui at $22.75 million

Two senior Mitsui executives will join ACI Motors to widen their global reach
22 December 2024

Poultry association cancels decision to halt production

They backtracked from the decision after the government promised to address their 10-point demand
19 December 2024
19 December 2024

ADB to give $600m for economic management

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.
18 December 2024

Payra power plant halts production for tests of new facility

Production cost at new facility to be lower than that of Adani, other plants
18 December 2024

IMF cuts Bangladesh’s growth forecast again, keeps inflation projection elevated

Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says
18 December 2024

IMF to give $645 million as fourth tranche of loan to Bangladesh

IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion
18 December 2024

BIGF gets new chairperson

The Bangladesh Internet Governance Forum (BIGF) is the Bangladesh chapter of the Internet Governance Forum
18 December 2024

Kamran Tanvirur Rahman re-elected as MCCI president

The leading chamber also re-elected its senior vice president and vice president
17 December 2024

Renata ships first batch of preventative cardiovascular meds to US

The medicine was manufactured at Renata’s Bangladesh factory approved by the US-FDA
17 December 2024

Govt grants Tk 3,000 crore loan for ICB to stabilise capital market

The interest rate of the approved loan was fixed at the variable bank rate
17 December 2024

Bitcoin rallies past $107,000, hopes grow for strategic reserve

Bitcoin , the world's biggest and best known cryptocurrency, extended gains to a session high of $107,148
17 December 2024