Moody’s told outdated story of Bangladesh

Moody's Ratings is narrating an outdated story of Bangladesh, not the updated one, said Bangladesh Bank Governor Ahsan H Mansur in a webinar yesterday.
2 December 2024, 20:22 PM

KEPZ decides to fast-track land registration

The chief adviser became the first head of state to preside over a meeting of the KEPZ governing body in nine years
2 December 2024, 12:24 PM

OpenAI's Altman confident Trump will keep US in AI lead

"We need to build that here and we need to be able to have the best AI infrastructure in the world to be able to lead with the technology and the capabilities," he said.
2 December 2024, 06:46 AM

Exclusive: Latest US strike on China's chips hits semiconductor toolmakers

The move marks one of the Biden Administration's last large scale effort to stymy China's ability to access and produce chips that can help advance artificial intelligence for military applications or otherwise threaten US national security.
2 December 2024, 06:44 AM

Remittance rises 14% in November

However, November’s inflow of $2.2 billion was 8.16% lower than the previous month
1 December 2024, 12:53 PM

Businesses will now get up to three years for payment: BB

Earlier, industries could import capital machinery under a 360-day usance term
1 December 2024, 11:09 AM

US 'Black Friday' online spending put at record $10.8 bn

The biggest sales during the annual day-after-Thanksgiving promotions were for toys, jewelry, household appliances, skin- and hair-care products, clothes and electronic devices
1 December 2024, 06:00 AM

Elon Musk asks US court to block OpenAi's for-profit conversion

Attorneys representing the billionaire and his AI startup, xAI, filed the injunction Friday, the financial news site reported.
1 December 2024, 05:28 AM

Businesses voice concern over state of law and order

Power crises are also making things extremely difficult, they say at DCCI conference
30 November 2024, 13:02 PM

WTO chief reappointed as Trump threat looms

Okonjo-Iweala, the first woman and the first African to head the WTO, was the only candidate in the race, and had been all but assured a second four-year term
30 November 2024, 08:32 AM

China manufacturing expands for second straight month

The latest PMI reading marks the second straight month of expansion -- indicated by a figure above 50 -- after a five-month run in negative territory that ended in October.
30 November 2024, 05:09 AM

Sri Lanka records highest deflation since 1961

Sri Lanka had already seen deflation of 0.8 percent in October and 0.5 percent in September
30 November 2024, 05:04 AM

Wage inequality declined in two-thirds of countries since start of 21st century: ILO

Global real average wage growth has started to rise again as inflation progressively eases, ILO report finds
28 November 2024, 12:09 PM

Deal signed for 181 million euro German financial, technical cooperation support

45.8 million euro will come as technical cooperation and 135 million euro as financial support
28 November 2024, 12:02 PM

Six crisis-hit banks get Tk 22,500 crore BB fund

The banks are: FSIBL, SIBL, Exim, National, Union and Global Islami
28 November 2024, 11:16 AM

How property taxes can help low-income countries to develop

Satellites, drones, and the right policies can help countries increase revenue by up to 10 times at the local level
27 November 2024, 10:32 AM

Adani Group says it lost nearly $55 bn since US corruption charges

The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme.
27 November 2024, 04:26 AM

Fitch revises outlook on four Adani group firms from ‘stable’ to ‘negative’

The entities whose outlook has been revised to “negative” are rated “BBB”.
26 November 2024, 09:17 AM

Sri Lanka probes Adani projects after US charges

Both the finance and foreign ministries had been asked to review infrastructure projects awarded to the Indian conglomerate
26 November 2024, 08:51 AM

Most Asian markets drop, dollar gains as Trump fires tariff warning

The former and next president said on his Truth Social account that he would hammer the United States' largest trading partners in response to the illegal drug trade and immigration
26 November 2024, 07:31 AM