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Latest Updates From The Business World!

Livestock Services Week and Exhibition 2024 inaugurated at Sadarpur, Faridpur

Livestock Services Week and Exhibition 2024 inaugurated at Sadarpur, Faridpur. The inauguration of this service week was held at Sadarpur…

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TCB, Russia’s Prodintorg sign MoU to import essential items

The state-run Trading Corporation of Bangladesh (TCB) and the JSC Foreign Economic Corporation ‘Prodintorg’ under the Ministry of Agriculture of…

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World food prices drop for seventh month: FAO

World food prices dropped for the seventh month in a row February as falling cereal prices outweighed more costly sugar…

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Bangladesh’s RMG export to Europe reaches $13.92bn in July-January period

Bangladesh’s RMG export to the European Union reached $13.92 billion during the July-January period of the current fiscal year with…

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Biman to operate Dhaka-Rome flight from March 2024

Biman Bangladesh Airlines has decided to resume its Dhaka-Rome-Dhaka flight after 15 years tentatively from March 26 next marking the…

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Asian markets mixed after US avoids government shutdown

Asian markets were mixed Monday after the US Congress passed a last-minute deal at the weekend to avoid a costly…

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Most Asian markets drop as uneasy traders await key data

Asian markets struggled Tuesday to extend a Wall Street and European rally as traders nervously await US inflation data, while…

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Most Asian markets in retreat as US inflation data looms

Asian markets mostly fell Monday as investors turn their attention to a key US inflation report later in the week,…

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Month-long entrepreneur’s development fair begins in Rajshahi

A month-long entrepreneurs development fair began at Green Plaza of Rajshahi City Bhaban aimed at expansion of marketing scopes of…

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China will always be a trustworthy neighbour to Bangladesh: Envoy

Yan Hualong, chargé d’affaires, Embassy of China inBangladesh, today said China will always be a trustworthy neighbour, closefriend and cooperative…

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Asian markets extend losses as US rate hike fears build

Stocks sank again Friday after another report pointing to a resilient US jobs market added to the misery for investors…

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Bangladesh receives $1,599m remittance in August

Expatriate Bangladeshis sent around US $ 1,599.45 million remittances during the month of August in the fiscal 2023-24.As per Bangladesh…

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Most markets sink as China rate cut fails to ease economy worries

Most Asian markets fell Monday as China’s decision to cut interest rates again failed to reassure investors, who are growing…

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Asia extends global stocks retreat as US rate, China fears build

Asian stocks joined a global sell-off Thursday on fresh worries the Federal Reserve will hike interest rates again, while China’s…

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Asian markets fall on China property woes

 markets posted sharp losses in early Monday trade, after falls in US tech stocks and as concerns over China’s property…

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Asian markets struggle after more weak China data

Asian markets wavered Wednesday after data showing the first drop in Chinese consumer prices compounded worries about the world’s number…

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USA’s apparel import from Bangladesh increases by 13.99pc

In last five years from 2017 to 2022, the United States (USA) apparel import from Bangladesh increased by 13.99 per…

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Asian markets fluctuate after mixed US jobs report

Asian equities swung Monday following a mixed US jobs report that left investors weighing the chances of another Federal Reserve…

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PMO for increasing leather export to US$ 5bn within 3-4yrs

The Prime Minister’s Office (PMO) today directed the authorities concerned to create an environment to increase the export of leather…

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Russia’s export duty on wheat to rise $30.43 per metric ton from August 9

The duty on wheat exports from Russia will stand at 2,918.1 rubles ($30.43) per metric ton from August 9 to…

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Amazon profit beats expectations on booming sales

Amazon on Thursday reported a quarterly profit that trounced market expectations, driven by strong sales helped by its annual Prime…

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8.5-meter draft ship docks at Mongla Port for 1st time

For the first time in the history of Mongla Port, an 8.5-meter draft foreign ship docked the port jetty this…

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ADB mobilizes $261 million for Rampura Amulia Demra Expressway

The Asian Development Bank (ADB), as a transaction advisor for the Government of Bangladesh’s Rampura Amulia Demra Expressway public-private partnership…

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Traders struggle to recover from selloff as Fed rate fears linger

Asian markets fluctuated Thursday following a plunge on Wall Street as a forecast-beating US jobs report revived worries about the…

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Climate adaptive technology, innovation must for development of agro based industries: Experts

Speakers at a roundtable today observed that climate adaptive technology, innovation must for development of agro based industries.The climate change…

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Tk. 1,140 for 12 kg LPG cylinder

Bangladesh Energy Regulatory Commission (BERC) has refixed the price of private sector Liquefied Petroleum Gas (LPG) at Taka 1,140 for…

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China factory activity shrinks for fourth straight month

China’s factory activity contracted for the fourth straight month in July, data showed Monday, as authorities released new measures aimed…

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Price fall in large-cap drives stocks down

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – today plunged due to mainly price…

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Nagad becomes Bangladesh’s fastest unicorn

Nagad, a leading mobile financial service (MFS) provider in Bangladesh, has turned into a unicorn startup only in four years…

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Govt working to promote ship recycling industry to international standard: Humayun

Industries Minister Nurul Majid Mahmud Humayun today said the government is working to promote ship recycling industry to international standard.…

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Ford raises 2023 profit outlook but sees bigger EV loss

Ford lifted its full-year forecast Thursday after quarterly earnings nearly tripled on strong vehicle pricing in conventional autos that offset…

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BB asks banks to fix interest of pre-shipment loans as per new rate

Bangladesh Bank (BB) has asked the banks to fix the interest rate of pre-shipment loans as per the new reference…

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European stocks drop at open

European stock markets retreated at the open Wednesday, with focus on central banks as the US Federal Reserve was set…

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Asian markets mixed as Fed rate decision looms, China rally fades

Asian markets were mixed Wednesday as the previous day’s China-induced rally gave way to cautious trading ahead of a Federal…

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Italy keen to recruit more manpower from Bangladesh

Italy has shown interest to employ more Bangladeshi manpower particularly in its agriculture and hospitality sectors as three Italian ministers…

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Parki Beach to become 2nd Cox’s Bazar: Mahbub Ali

State Minister for Civil Aviation and Tourism Mahbub Ali said Parki Beach will become the second Cox’s Bazar after the…

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Amazon invests $120 million in internet satellite facility

Amazon said Friday it will invest $120 million to build a satellite construction facility at NASA’s Kennedy Space Center, as…

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Women entrepreneurs urged to come forward for building smart Bangladesh

Women entrepreneurs have to come forward to build smart Bangladesh envisioned by Prime Minister Sheikh Hasina for transforming the country…

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Gold price passes Tk 1 lakh for first time in Bangladesh

Bangladesh Jewelers Association (Bajus) has announced price hike of top quality of gold once again.Each bhori of 22-carat gold was…

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Markets fluctuate as US jobs data knocks rate hopes

Asian equities wobbled again Friday at the end of a draining week as fresh US jobs data put revived bets…

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Markets mostly rise on rate hopes but China fears weigh

Markets mostly rose Thursday on signs that more than a year of interest rate hikes around the world was subduing…

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Bangladesh GDP growth higher than forecast for fiscal 2023: ADB

The Asian Development Bank (ADB) said the current gross domestic product (GDP) growth rate in Bangladesh is estimated higher than…

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Electric battery car market share overtakes diesel in June

Sales of new electric battery vehicles overtook diesel car purchases in Europe for the first time last month but activity…

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Tata to invest over o4 bn in UK electric battery factory

Indian conglomerate Tata Group will invest over o4 billion ($5.2 billion) in a giant battery plant in southwest England that…

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Foreigners working in Bangladesh on the rise

The number of foreign nationals working in Bangladesh is rising thanks to expanding industrial activities, a development that also points…

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Internet banking transactions hit nearly Tk 50,000cr

Internet banking transactions reached a record high amount of nearly Tk 50,000 crore in May, signifying the enhanced cost and…

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Markets struggle as rally fades, China growth misses forecasts

A currency trader watches monitors in front of screens showing the Korea Composite Stock Price Index (KOSPI), top left, and…

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Demand for electric bikes gaining momentum

The demand for electric motorbikes is increasing in Bangladesh for being an eco-friendly and cost-effective mode of transport. In 2020,…

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Tesla rolls out its first electric pickup, the Cybertruck

US automaker Tesla on Saturday announced that its first electric pickup — a slick-looking silver Cybertruck — had rolled off…

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Surprise growth helps Singapore avoid recession

Singapore’s economy grew more than expected in the second quarter, data showed Friday, helping it avoid a recession, but analysts…

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