India’s industrial activity shrinks for first time in 11 months

India's factory activity contracted for the first time in almost a year in June as restrictions to contain the deadly second wave of the coronavirus triggered declines in demand and output that pushed firms to cut more jobs, a private survey showed on Thursday.
1 July 2021, 18:00 PM

Britain working with EU as momentum grows for wider travel reopening

Britain is working with countries across the European Union to encourage them to accept its fully vaccinated travellers, its business minister said on Thursday, as momentum builds for a fuller reopening of travel from the United Kingdom.
1 July 2021, 18:00 PM

Cargo handling rises at Ctg port despite pandemic

Despite the Covid-19 pandemic, Chattogram port clocked 3.1 per cent year-on-year growth in container handling in the just-concluded fiscal year, which highlighted the growing foreign trade of Bangladesh, official data showed.
1 July 2021, 18:00 PM

Xinjiang forced labour claims unfounded: CSA

Claims that Chinese solar firms are benefiting from forced labour in Xinjiang are unfounded and unfairly stigmatise firms with operations there, the country’s solar association said.
1 July 2021, 18:00 PM

12kg LPG cylinder price rises by 6% to Tk 891

Bangladesh Energy Regulatory Commission (BERC) has increased the price of liquefied petroleum gas (LPG) of private companies by around 6 per cent.
30 June 2021, 13:32 PM

BTRC begins mobile phone verification tomorrow

The telecom regulator is starting a verification process of valid mobile phones from tomorrow to curb the illegal mobile phone inflow, boost local mobile manufacturing and revenue collection.
30 June 2021, 12:59 PM

Stocks gain a day before 4-day closure

Bangladesh Securities and Exchange Commission (BSEC) today announced closure of the stock market for the next four days just hours after the Dhaka bourse ended the day's trading with a 100-point gain.
30 June 2021, 12:01 PM

Bank account details sought from 11 e-commerce merchants

The Bangladesh Financial Intelligence Unit (BFIU) has sought bank account details of 11 e-commerce merchants.
30 June 2021, 11:29 AM

Banks to remain closed in next 4 days

Bangladesh Bank today said banks will be remained closed in the next four days due to bank holidays, weekends and lockdown.
30 June 2021, 11:14 AM

Negotiations led by Bangladesh, TRIPS transition period for LDCs extended for 13 years

Transition period of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) for the least developed countries has been extended for a period of thirteen years.
30 June 2021, 09:53 AM

Refiners reduce edible oil prices by Tk 4 per litre to Tk 149

The refiners have reduced the prices of edible oil by Tk 4 per litre ahead of the Eid-ul-Azha.
30 June 2021, 09:08 AM

Bangladesh jumps 25 notches up to rank 53 in Global Cybersecurity Index

Bangladesh has jumped up 25 places to be ranked 53 in the Global Cybersecurity Index 2020, according to a report of the United Nations.
30 June 2021, 06:54 AM

Home appliance sales to dry up this Eid

Sales for home appliances could dry up in the run-up to Eid-ul-Azha as non-essential retail outlets will remain closed during the strict countrywide lockdown beginning tomorrow.
29 June 2021, 18:00 PM

Paris gets new JPMorgan trading hub in post-Brexit push

French President Emmanuel Macron inaugurated JPMorgan’s new trading hub in Paris on Tuesday, as France pitches for more banking jobs and tries to lure finance workers looking to leave London after Brexit. Banks are spending billions of dollars beefing up their European Union operations post-Brexit to avoid disruption to some of their activities.
29 June 2021, 18:00 PM

Online cattle sales to pick up the slack

Online cattle sales in the run-up to Eid-ul-Azha are expected to accelerate as the raging coronavirus infections would compel the government to whittle down the number of makeshift markets allowed each year to sell sacrificial animals.
29 June 2021, 18:00 PM

UCB marks 38 years of operations

United Commercial Bank (UCB) yesterday announced completing 38 years of operations.
29 June 2021, 18:00 PM

Who owns Nagad?

In March 2019, Nagad started out as the mobile financial service (MFS) of the Bangladesh Post Office (BPO), and it has since been operated by Third Wave Technologies Ltd.
29 June 2021, 18:00 PM

S&P Global cuts India’s growth forecasts

S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America.
29 June 2021, 18:00 PM

IPDC’s Q1 revenue up 6.4 times

IPDC Finance in a statement yesterday announced that its revenue for 2021’s first quarter had grown 6.4 times that of the same period of 2016.
29 June 2021, 18:00 PM

Mithai opens 10 new outlets in Ctg

Confectionery retailer Mithai of Pran-RFL Group recently opened 10 new outlets in Chattogram city, taking the countrywide total to 130.
29 June 2021, 18:00 PM