Bangladeshi couple in US gets recognition

Faraz Munaim and Sabrin Chowdhury, a Bangladeshi couple residing in the US, have been recognised for their hard work and dedication to the US financial market in their roles with Goldman Sachs and PIMCO respectively.
27 November 2023, 16:15 PM

Chinese car sales boom in Russia levels off

August this year, Chinese brands' share of sales peaked at almost 56 percent
26 November 2023, 14:49 PM

Bangladesh Bank hikes repo rate by 50 basis points

The new rate 7.75 percent will be effective from tomorrow
26 November 2023, 11:28 AM

India's Tata Technologies' IPO garners bids worth over $18 billion

The bids were roughly 69.43 times the issue on offer, according to stock exchange data
25 November 2023, 12:24 PM

Tesla to invest up to $2 billion for Indian factory

The Elon Musk-led electric vehicle maker is willing to invest up to $500 million if the government approves the reduced duty for 12,000 vehicles and up to $2 billion if the concession is for 30,000 vehicles.
25 November 2023, 12:14 PM

Dollar still costlier despite move to appreciate taka

Most banks collected remittances at Tk 122-123 a dollar today and sold at Tk 116-118 to the importers
23 November 2023, 14:30 PM

Oil edges lower in choppy trade as OPEC+ delays meeting

Oil prices fell nearly 1 percent on Wednesday as OPEC+ producers unexpectedly delayed a meeting on production cuts.
23 November 2023, 05:58 AM

Chinese investment sought in high value-added garments: BGMEA

BGMEA president is now visiting garment factories in China
21 November 2023, 14:23 PM

Market has unofficial inter-bank exchange rates now: PRI

The Policy Research Institute of Bangladesh says in a press briefing
21 November 2023, 11:50 AM

Square Pharma to open subsidiary in Philippines

It will invest $1 million in Samson Pharma Inc, Philippines
20 November 2023, 15:54 PM

Bangladesh ranks 46, drops 5 notches

Pakistan and Sri Lanka did better than Bangladesh in the index
20 November 2023, 14:56 PM

Oil extends gains as OPEC+ to mull deeper cuts

Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Middle East supply disruption amid the Israel-Hamas conflict.
20 November 2023, 05:56 AM

India cenbank tightens rules for personal loans, credit cards amid demand surge

The tighter rules, in the form of higher capital requirements, will make personal loans costlier
18 November 2023, 13:36 PM

Gold hits record Tk 106,376 a bhori

New price for 22-carat gold comes into effect on Nov 19
18 November 2023, 12:17 PM

Oil prices slip on US crude build, China demand worries

Oil prices fell on Thursday, extending losses from the previous session, as signals of higher supply from the United States met worries about lackluster energy demand from China.
16 November 2023, 07:41 AM

$100 million RMG work orders postponed for unrest: BGMEA

The damage took place in the last three weeks
15 November 2023, 16:18 PM

How an executive's arrest struck a blow to Japan-China business

If Japanese Prime Minister Fumio Kishida meets Chinese President Xi Jinping for the first time in a year later this week, he will likely raise the case of a detained company executive that has dealt an outsized blow to their close economic ties.
14 November 2023, 08:53 AM

Olympic Industries' profit rises 20%

It made a profit of Tk 56 crore in Jul-Sep
13 November 2023, 16:03 PM

Exchange houses won’t get higher than banks’ fixed rate for a dollar: BB

The central bank sits with top 10 foreign exchange houses
13 November 2023, 13:41 PM

Dollar price falls in kerb market

It dropped to as low as Tk 123 this evening
12 November 2023, 14:48 PM