Under the currency swap agreements introduced last month, the banking regulator took $1.17 billion from commercial banks and injected around Tk 20,000 crore in the form of local currencies into the banking system, according to several central bankers.

Customers spent Tk 2,678 crore in Jan this year, up from Tk 2,674 crore in Dec 2023

It hit $19.45 billion on March 27, down from $19.98 billion on March 20

H&M said Wednesday its net profit more than doubled in the first quarter as the world's second biggest fashion retailer worked to control costs

Toyota's US sales for February surged 16% and in Europe gained 14%, Japan sales tumbled by a third

With vessel traffic at the Port of Baltimore suspended until further notice since Tuesday's accident, experts warn of knock-on effects but say these should be manageable in the near term

BYD recorded a net profit of 30 billion yuan ($4.16 billion) last year, up 80.7 percent year-on-year from 16.6 billion yuan in 2022

The US Inflation Reduction Act (IRA) "formulates discriminatory subsidy policies for new energy vehicles," said China's Ministry of Commerce

Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit card fees for merchants

A provision in the Income Tax Act 2023 created the discrimination

The move is likely to be fine-tuned to when the first major ones are launched

The Central Bank of Sri Lanka reduced its benchmark lending rate from 10 percent to 9.5 percent and the deposit rate from 9.0 to 8.5 percent

Production issues, safety incidents are among the causes plaguing Boeing

Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus, instead stressing the need to pivot towards "high-quality" growth

The Putin administration will take 60 workers initially and more in phases

The mobile phone operator’s revenue grows 14.4% year-on-year to Tk 6,150 crore in 2023

Fitch upgraded its credit rating for UK government debt from "negative" to "stable" Friday, citing easing economic policy risks, while reaffirming the country's AA- rating.

Economic growth has slowed in developing countries, with growth falling to barely 4% from 6% in two decades, Banga said, noting that each lost percentage point dragged 100 million people into poverty, while debt levels were rising

Three-day MIDAS SME Fair 2024 ends

FBCCI sits with different trade bodies to prepare budget proposals