The government has increased the prices of rawhide by Tk 3 to Tk 5 per square foot compared to that of the previous year ahead of Eid-ul-Azha. The prices of rawhides of sacrificial cows have been fixed at Tk 50-55 per square foot (sqft) in the capital city and Tk 45-48 per sqft outside

The US has accused Amazon of tricking customers into signing up for automatically renewing Prime subscriptions and making it difficult to cancel. The Federal Trade Commission (FTC), the country's consumer rights watchdog, made the claims in a lawsuit. It cited allegedly

Union Limited, a leading multifaceted group of companies, has appointed Sarder Showkat Ali as Business Head of the Mobile and Tech Division. The conglomerate announced that in a press release. Showkat will look into possible partnership opportunities with the ecosystem players to drive

AirshowIndian carrier IndiGo has made a record order for 500 Airbus A320 aircraft - the largest single purchase agreement by any airline in commercial aviation history. The deal, announced on the first day of the Paris Airshow, is worth roughly $55bn (£43bn) before any bulk-order

Bangladesh Bank has decided to introduce a Taka-Indian Rupee-based debit card to facilitate cardholders in shopping and paying bills domestically. Besides, when traveling to India, there will be a facility for Bangladeshis to spend in Rupees. Bangladesh Bank Governor Abdur Rouf

Italy has moved to block a Chinese state-owned company from taking control of tyre making giant Pirelli. The decision is part of measures announced by Italy's government to protect Pirelli's independence. Beijing-controlled chemical giant Sinochem is Pirelli's biggest

The Bangladesh Bank (BB) will announce its monetary policy statement (MPS) on Sunday for the first half of the financial year 2023-24. BB Governor Abdur Rouf Talukder will announce the MPS at a press conference at the central bank headquarters in the city, said a press release. The

iPhone maker Foxconn is betting big on electric cars and redrawing some of its supply chains as it navigates a new era of icy Washington-Beijing relations. In an exclusive interview, chairman and boss Young Liu told the BBC what the future may hold for the Taiwanese firm. He said

The Premier Bank Limited held its 24th annual general meeting through digital platform on Wednesday, June 14, 2023.  The participants and shareholders present at the AGM duly approved all agendas including the audit report and 12.50% cash and 7.50% stock dividend for the year

The cement industry, one of Bangladesh’s emerging sectors, is passing through a tough time due to additional duties on raw materials import, said the manufacturers. President of Bangladesh Cement Manufacturers Association (BCMA) Md Alamgir Kabir spoke at a press conference in

US billionaire philanthropist George Soros has handed over the running of his $25bn (£19.9bn) financial and charitable empire to his son Alex. The Hungarian-born financier said his son had "earned it", in an interview with the Wall Street Journal. Since the 1990s the

The Commonwealth Enterprise and Investment Council (CWEIC) has announced the inaugural Commonwealth Trade and Investment Forum, set to take place in Dhaka, on the 13th and 14th of September this year.  Prime Minister's Private Industry and Investment Adviser Salman F Rahman,

Private sector’s Shahjalal Islami Bank is in trouble with realisation of the loan from Dhaly Construction and grant of new loan of Tk 408 crore to the company. The loan was disbursed without adequate collateral and verifying the financial status of the customer. According to the

The government has slashed the prices of soybean oil by Tk10 per litre to Tk 189 per litre.  Besides, the price of palm oil has been reduced by Tk2 to Tk133 per litre at the retail level. Tapan Kanti Ghosh, senior secretary of the Ministry of Commerce, made the announcement on

Bangladesh has transformed into the world's most advanced refrigerator producer country. Leading global electronics brand Walton has unveiled AIoT (Internet of Things) based Giantech (GT) series three new models of smart refrigerators. These new models included South Asia's first

The Bangladesh Jewellers Samity (BAJUS) has announced to increase the price of pure gold prices by Tk 1,283 per bhori for the local market. According to the new rates, each bhori or 11.664 grammes of 22-carat gold will be sold at Tk 98,444, price of gold per 21 carat has been reduced

About four months after US short seller Hindenburg Research shook Indian financial markets with a bombshell report on the Adani Group, the conglomerate’s stocks are finding it hard to shake off the impact. While two of Adani’s 10 stocks have bounced back strongly, a full

Although the proposed budget for the 2023-24 fiscal year (FY) showed a ray of hope, the expectations of the jewelry industry were not fulfilled. Eleven out of the 12 proposals made by the Jewelers Association of Bangladesh (BAJUS), were not taken into consideration in the budget. The

Saudi Arabia will make deep production cuts in July as part of a broader output-limiting Opec+ deal as the group faces flagging oil prices and a looming supply glut. Saudi Energy Minister Prince Abdulaziz said the cut of one million barrels per day (bpd) by Riyadh could be extended

The government today (June 4) has permitted the import of onions from Monday in response to recent rising prices. A notification has been issued in this regard by the Ministry of Agriculture. The Ministry of Agriculture made the decision in the interest of limited-income people who