China’s automakers try turning Japanese

China exported almost $40 billion-worth of pure battery and hybrid cars last year, most of them ended up in Europe
20 March 2024, 10:51 AM

India's Adani Green says aware of US probe into third party, denies relationship

India's Adani Green Energy said on Tuesday it is aware of a US investigation into potential violations of anti-corruption laws by a "third party", but denied any relationship with the entity
20 March 2024, 06:05 AM

Steel sector’s operational cost rises 65% in a year

Dollar crisis, rise in utility bills taking toll, says Bangladesh Steel Manufacturers Association
19 March 2024, 14:55 PM

Forced labour generates $236 billion illegal profits a year: ILO

The illegal profits from forced labour has risen by 37% since 2014
19 March 2024, 14:31 PM

Shop owners lambast ‘meaningless’ price fixing of 29 commodities

They demand cancellation of the prices fixed by the Department of Agricultural Marketing on March 15
19 March 2024, 14:00 PM

Gold to be Tk 1,750 cheaper from tomorrow

Each bhori 22-carat gold will cost Tk 111,158
19 March 2024, 09:41 AM

Palestinian unemployment rate seen spiking to over 50% amid Gaza conflict, ILO says

If the conflict continues until end-March then the unemployment rate will soar to 57 percent, ILO said.
19 March 2024, 07:05 AM

Bank of Japan scraps negative interest rate

In its first increase in 17 years, the Bank of Japan said it was lifting its short-term policy rate from -0.1 percent to between zero and 0.1 percent.
19 March 2024, 05:23 AM

Pragoti to assemble and sell Kia sedan by this year

It signs deal with representative of Kia Corporation
18 March 2024, 15:52 PM

Banks can't impose any fine on supervision charges: BB

New guideline on supervision charge issued
18 March 2024, 14:25 PM

India to source onion from domestic market to export to Bangladesh

India’s National Cooperative Export Ltd will purchase 1,650 tonnes at Rs 29 a kg
18 March 2024, 11:13 AM

A year on from Credit Suisse's rescue, banks remain vulnerable

The Swiss government-sponsored rescue of Credit Suisse and US bank salvages in March 2023 doused the immediate fires kindled by a run at little-known US regional lender Silicon Valley Bank
17 March 2024, 08:51 AM

US probing Adani Group and founder over potential bribery

Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project
17 March 2024, 05:29 AM

Bangladesh lags behind peer nations in ICT development

International Telecommunication Union (ITU) releases ICT Development Index 2023
16 March 2024, 13:09 PM

Cars are moving into the fast lane for Tata

Cars used to be a top headache for the chair of the Indian salt-to-hotels conglomerate but the latest plan to separate the company's commercial vehicles and its passenger vehicles into two listed entities signals confidence in an important turnaround
16 March 2024, 10:53 AM

Crisis-hit Sri Lankan economy rebounds as tourists return

Number of tourists visiting jumped to 210,000 in December, it was 91,900 a year earlier
16 March 2024, 07:10 AM

Nissan, Honda explore partnership in electric vehicles

Analysts said the move was aimed at catching up with Chinese competitors who have stolen a march in EVs while Japanese firms have lost ground by focusing more on hybrid vehicles
16 March 2024, 06:50 AM

Bangladesh's RMG exports via Delhi airport upset Indian apparel makers

Garments from Bangladesh have been a key driver behind the surge in export cargo trans-shipment at the Delhi International Airport Limited (DIAL) in the last one year but the development has upset Indian apparel suppliers..On February 7 last year, India allowed DIAL to serve as a cargo tra
14 March 2024, 18:20 PM

Renata gets nod to raise Tk 350 crore

Shares of the listed drug maker dropped 1.17 percent yesterday from that on the day before to Tk 877
14 March 2024, 18:15 PM

Forex reserves fall below $20 billion after import payments

$1.29 billion import bills cleared last week, which brought down the reserves to $19.99 billion on Wednesday
14 March 2024, 14:48 PM