Shares in embattled Chinese developer Evergrande have fallen by around 80% as they started trading in Hong Kong for the first time in a year and a half. The shares have lost more than 99% of their value in the last three years as Beijing cracked down on property firms. Evergrande is

A Rajshahi-based exporting organization has exported gourmati and katimon varieties of mangoes to Russian markets from Rajshahi for the first time. Air Arabia G9-517 flight departed from Dhaka with 200 kilograms of gourmati and 100 kilograms of katimon for Russia on Saturday morning.

India has imposed a 20% duty on exports of parboiled rice with immediate effect, a move that could further reduce shipments from the world’s largest exporter and lift global rice prices, which are already trading near their highest levels in 12 years. Last month, India surprised

The Directorate of National Consumer Rights Protection (DNCRP) decided to continue to monitor the market strictly so that no unholy businessman can manipulate the price of onion or hoard excessively such essential item showing any excuse. Director General (DG) of the Directorate of

Jewellers hiked gold prices by Tk 2,222 per bhori on Thursday (August 24) which set a new record, with each bhori now priced at Tk 1, 01,244 in Bangladesh.  The new price will be effective from Friday (August 25), said a press release of Bangladesh Jewellers' Association

Higher inflation coupled with the COVID-19 pandemic pushed nearly 68 million people in Asia into extreme poverty as of last year, according to a report published by the Asian Development Bank (ADB). An estimated 155.2 million people in developing Asia, which is 3.9% of the region's

The United States has charged two cofounders of the cryptocurrency mixer Tornado Cash with money laundering and other crimes a year after authorities banned the Russian-founded platform over its alleged support of North Korean hackers. Roman Semenov and Roman Storm have been charged

China has long been the engine of global growth. But in recent weeks, its economic slowdown has alarmed international leaders and investors who are no longer counting on it to be a bulwark against weakness elsewhere. In fact, for the first time in decades, the world’s second

Sri Lanka repaid $50 million of loans taken from Bangladesh, which is one fourth of the $200 million given by Dhaka in 2021. Md Mezbaul Haque, executive director and spokesperson of the central bank confirmed the matter on Tuesday (August21). He said Bangladesh Bank received the

China's central bank has cut its key interest rates for the second time in three months as the world's second-largest economy struggles to recover from the impact of the pandemic. The People's Bank of China (PBOC) lowered its one-year loan prime rate to 3.45% from 3.55%.

In a significant step towards realising the government's vision of a smart economy, Sonali Bank, the country’s largest state-owned bank, has adopted cutting-edge technologies across both conventional and digital platforms.   This move underscores the bank's

India in a move to tame down rising prices of onions in the domestic market has declared the imposition of 40 percent duty on the export of the crop till December 31. The announcement came in an Indian finance ministry notification issued on Saturday. The export duty comes amid

The Bangladesh Jeweller's Association (Bajus) on Sunday (August 17) announced a reduction in gold prices by Tk1,750 per bhori.  According to a Bajus press release, the price cut comes as a result of a decline in the local market value of pure gold.  The Bajus took the

Vietnamese electric vehicle (EV) maker VinFast's stock market valuation has soared above Ford and General Motors (GM) on its first day of trading. Shares in the firm, which has yet to make a profit, closed above $37 (£29) each in their New York's debut. That gave

Bashundhara Group has taken a significant stride towards revolutionizing the maritime industry with its latest collaboration. Bashundhara Group's IT division today (August 16) signed a pivotal agreement with Magnetism Tech Ltd. for the development of an ERP software solution aimed at

The price of bottled soybean oil has been reduced by Tk5 to Tk174 per litre. The price of bottled soybean oil decreases by Tk 5 a litre as bottled soybean will be sold at Tk 174 The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association adjusted the price of

A commercial ship MV Bashundhara Impress on Sunday (August 13) arrived at Mongla port with 31,700 metric tonnes (MT) of coal from Indonesia. The Rampal thermal power plant will go back into production soon with this coal. The ship anchored at jetty no-12 of the port's Harbaria

The Trading Corporation of Bangladesh (TCB) will start selling essential commodities from tomorrow (August 13) at subsidized prices as part of its selling operations for the month of August. The TCB will sell such essential items among some one crore family cardholders across the

Indian High Commissioner Pranay Verma highlighted the importance of regional cooperation under BIMSTEC in the context of the current global uncertainties. He underscored that the India-Bangladesh relations is an important anchor of the cooperation architecture of BIMSTEC. Verma was

The oath and introduction ceremony for the newly formed body of Narayanganj unit Bangladesh Jeweller's Association (BAJUS) was held on Sunday. The meeting was held at the local Food Fantasy restaurant on Bangabandhu Road in Narayanganj city. Presided over by the newly-elected