Market-based pricing can cut fuel prices by Tk 10-15 a litre: CPD

The existing automatic pricing formula does not reflect global markets, the think-tank says
29 January 2025, 14:36 PM

Top UAE companies to invest in Bangladesh

Two major companies from the United Arab Emirates, Abu Dhabi Ports Group and Masdar, have unveiled plans to invest in Bangladesh’s port development, management, and logistics, as well as the renewable energy sector.
28 January 2025, 19:12 PM

Trump says Microsoft in discussions to acquire TikTok

US President Donald Trump said Monday that Microsoft is in talks to acquire TikTok, while the app’s future in the country faces uncertainty.
28 January 2025, 18:00 PM

Nvidia loses $600b in value amid rout in tech stocks

US chip-maker Nvidia led a rout in tech stocks Monday after the emergence of a low-cost Chinese generative AI model that could threaten American dominance in the fast-growing industry.
28 January 2025, 18:00 PM

Trump warns of ‘wake-up call’ as low-cost Chinese AI jolts sector

Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a “wake-up call” for Silicon Valley.
28 January 2025, 18:00 PM

DeepSeek offers no new answers to China’s AI bind

DeepSeek has triggered a dramatic rethink on artificial intelligence spending around the world, except perhaps in China. The startup’s impressive low-cost model showcases the country’s innovation prowess.
28 January 2025, 18:00 PM

Nvidia loses nearly $600 billion in value as DeepSeek jolts tech shares

Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 billion of its market value.
28 January 2025, 04:42 AM

Increasing efficiency of NBR essential for business growth

Finance Adviser Salehuddin Ahmed yesterday said that increasing the efficiency of the National Board of Revenue (NBR) is essential for the growth of trade and commerce in the country.
27 January 2025, 18:00 PM

Weak yuan, Trump tariff threats confound Beijing’s economic puzzle

Higher US tariffs under President Donald Trump could accelerate a slump in the value of China’s currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy, analysts warn.
27 January 2025, 18:00 PM

Don’t hike gas price further: factory owners

Four associations, including BGMEA, sent joint letter to the power adviser
27 January 2025, 14:19 PM

Davos presents elites with economic Rorschach Test

Muhammad Yunus, the Nobel laureate who is leading Bangladesh’s government after protests forced out the previous prime minister, told Reuters Breakingviews that the upheaval in his country demonstrated the dangers of sycophantically praising politicians who pursue headline GDP growth without much thought about the consequences.
27 January 2025, 11:08 AM

China manufacturing activity contracts for first time in four months

Policymakers have battled to reverse a post-pandemic slump driven by a crisis in the property sector, weak consumption and high government debt.
27 January 2025, 07:45 AM

Weak yuan, Trump tariff threats confound Beijing's economic puzzle

Just days after beginning his second term in the White House last week, Trump said he would impose a 10 percent levy on all Chinese products from February 1, while leaving the door open for negotiations.
27 January 2025, 05:47 AM

Vietnam set to become regional manufacturing tech hub this year

Việt Nam has the potential to become a manufacturing hub in the region this year, especially in fields involving technology, as global companies have expressed interest in expanding operations in the country.
26 January 2025, 18:00 PM

How China can keep pace in the global AI race

In 2023, smartphones-to-silicon conglomerate Huawei quietly released its flagship Mate 60 Pro handset. The launch, while muted, was worth celebrating in the People’s Republic: the device featured a made-in-China chip that had previously seemed out of reach amid crippling US sanctions.
26 January 2025, 18:00 PM

40 local firms to participate in world’s largest trade fair in Germany

The five-day show, Ambiente 2025, will begin on February 7
26 January 2025, 14:40 PM

Cost of foreign debt rises 27% in first half of FY25

Bangladesh paid $1.98 billion in principal and interest in Jul-Dec of 2024, up from $1.57 billion in the same period the previous year
26 January 2025, 11:52 AM

Boeing warns Q4 loss bigger than expected on costs from labor strike

The US aviation giant projected a loss of $5.46 per share, much above the $1.55 foreseen by analysts, according to a profit warning that cited the costs of a new labor agreement, among other factors.
26 January 2025, 05:17 AM

US Fed prepares to pause in first rate decision since Trump's inauguration

The Fed cut its key lending rate by a full percentage point in the last four months of 2024 and indicated it would move more cautiously going forward amid an uptick in inflation away from its long-term target of two percent
26 January 2025, 05:11 AM

Govt signs LNG deal with US firm

The government has signed a heads of agreement (HOA) with the US-based Argent LNG to import up to 5 million tonnes of liquefied natural gas per year for 20 years.
25 January 2025, 18:56 PM