Visa, Mastercard reach $30 billion settlement over credit card fees

Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit card fees for merchants
27 March 2024, 05:43 AM

Tax on provident funds' income: One country, dual policy

A provision in the Income Tax Act 2023 created the discrimination
26 March 2024, 15:40 PM

SWIFT planning launch of new central bank digital currency platform in 12-24 months

The move is likely to be fine-tuned to when the first major ones are launched
26 March 2024, 14:38 PM

Sri Lanka cuts key interest rates as economy rebounds

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
26 March 2024, 08:11 AM

Boeing in turmoil: Incidents and investigations

Production issues, safety incidents are among the causes plaguing Boeing
26 March 2024, 06:12 AM

IMF chief urges China to boost growth with 'pro-market reforms'

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
25 March 2024, 06:17 AM

Russia wants skilled manpower from Bangladesh

The Putin administration will take 60 workers initially and more in phases
24 March 2024, 13:57 PM

Banglalink posts decade-high revenue growth

The mobile phone operator’s revenue grows 14.4% year-on-year to Tk 6,150 crore in 2023
24 March 2024, 13:16 PM

Fitch upgrades UK credit rating outlook to 'stable'

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.
24 March 2024, 10:57 AM

World Bank to share more data to attract private investors to developing countries

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
24 March 2024, 08:18 AM

MIDAS awards 7 enterprises

Three-day MIDAS SME Fair 2024 ends
23 March 2024, 14:46 PM

Sustainable business-friendly environment a must now: FBCCI

FBCCI sits with different trade bodies to prepare budget proposals
23 March 2024, 14:11 PM

Gold price hiked to Tk 114,074, a new record

The new rate comes two days after a price cut
21 March 2024, 15:15 PM

Four insurers show-caused for Tk 264 crore unsettled claims

The four are: Sunflower Life Insurance, Progressive Life Insurance Company, Sunlife Insurance Company and Homeland Life Insurance Company
21 March 2024, 14:10 PM

BTRC asks Meta to tackle misinformation on its platform

Meta top officials meet BTRC chairman in Dhaka
21 March 2024, 13:07 PM

US Fed holds key rate, still sees 3 cuts in 2024

The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year
21 March 2024, 07:03 AM

Garment export to USA falls 2.58%

However, apparel shipment to the EU rose 3.27% in Jul-Feb
20 March 2024, 15:20 PM

German retail firm Otto urged to source more high-value RMG: BGMEA

A delegation of Otto Group meets BGMEA president today
20 March 2024, 12:03 PM

Govt to buy 8,000 tonnes of lentil, 10,000 tonnes of sugar

The commodities will be purchased for the Trading Corporation of Bangladesh
20 March 2024, 11:27 AM

India’s biggest wholesale market in Nashik demands withdrawal of onion export ban

The Agricultural Produce Market Committee (APMC) in India’s Lasalgaon made the demand
20 March 2024, 11:01 AM