US to hit new debt limit as soon as Jan 14: Yellen

Lawmakers have suspended the debt ceiling -- a limit on government borrowing to pay for bills already incurred -- until January 1 next year.
28 December 2024, 07:17 AM

Falling prices become a headache for onion farmers

The growers dumped onion on Pabna-Sujanagar road demanding a fair price
26 December 2024, 13:05 PM

China revises up 2023 GDP, sees little impact on 2024 growth

Gross domestic product (GDP) in 2023 was raised by 3.4 trillion yuan to 129.4 trillion ($17.73 trillion), Kang Yi, the head of the National Bureau of Statistics, told a presss conference, while releasing the fifth national economic census
26 December 2024, 11:20 AM

Oil prices edge higher on hopes for more China stimulus

Brent crude futures rose 22 cents, or 0.3 percent, to $73.80 a barrel by 0450 GMT
26 December 2024, 05:51 AM

Dollar stays resilient, Asia shares get festive lift

As the year-end approaches, trading volumes have begun thinning out and the main focus for investors remains that of the Federal Reserve's rate outlook.
26 December 2024, 05:44 AM

No advance tax, VAT for green shipyards: NBR

Capital machinery import rises, as Hong Kong convention only allows green shipyards to import scrap ships
25 December 2024, 12:25 PM

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, 09:03 AM

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, 08:55 AM

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, 05:31 AM

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, 05:27 AM

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, 15:06 PM

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, 10:46 AM

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, 14:55 PM

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, 13:43 PM

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, 11:06 AM

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, 14:07 PM
19 December 2024, 07:38 AM

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, 20:19 PM

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, 15:30 PM

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, 15:01 PM