Business


Forex reserves increase to over $19 billion due to Eid festival

Business —20 June, 2024 21:08

Bangladesh's foreign exchange reserves rose by US $318 million in the span of a week to hit $19.53 billion on June 19. Bangladeshi expatriates have sent…

Forex reserves increase to over $19 billion due to Eid festival

Nvidia CEO's net worth soars to $119 billion

Jensen Huang- Nvidia's CEO- is now the 11th richest person in…

Nvidia CEO's net worth soars to $119 billion
Olympics more than games: Billion-dollar business with political overtones

The Paris Olympics involve about 10,500 athletes from 200 countries…

Olympics more than games: Billion-dollar business with political overtones

HK bourse to keep trading through severe weather

HK bourse to keep trading through severe weather

Hong Kong's stock exchange will continue trading through typhoons and heavy storms from September, the city's leader announced Tuesday. The bourse in the international finance hub…

Chinese Premier Li toasts warming trade ties in Australia

Chinese Premier Li toasts warming trade ties in Australia

Chinese Premier Li Qiang mixed a dash of "panda diplomacy" with a visit to a historic vineyard on Sunday to celebrate a thaw in once-icy trade ties with Australia. The highest ranking…

Tk 1,000 incentive for slaughtering sacrificial animal in DNCC’s designated place

Tk 1,000 incentive for slaughtering sacrificial animal in DNCC’s designated place

Dhaka North City Corporation (DNCC) Mayor Md Atiqul Islam has announced Taka 1,000 incentive for slaughtering each sacrificial animal in DNCC’s designated locations. He made…

Hakim elected IIGAB President, Junayed Secy Gen

Hakim elected IIGAB President, Junayed Secy Gen

Aminul Hakim and Ahmed Junayed have been elected as the new president and secretary general respectively of the International Internet Gateway Association of Bangladesh (IIGAB) for…

Petrodollar Pact Over: Saudi Arabia joining China-led central bank

Petrodollar Pact Over: Saudi Arabia joining China-led central bank

Saudi Arabia's decision to join a China-dominated central bank and the expiry of its 50-year-old petrodollar agreement with the US might potentially weaken the role of the US dollar…

Eid-ul-Azha: Sales of sacrificial animals gaining momentum in capital

Eid-ul-Azha: Sales of sacrificial animals gaining momentum in capital

With just two days to go till Eid-ul-Azha, the sales of sacrificial animals in Dhaka's makeshift cattle markets (haats) gained momentum on Saturday. Though the sales started to increase…

Dhaka urges Azerbaijan to recruit Bangladeshi manpower

Dhaka urges Azerbaijan to recruit Bangladeshi manpower

Dhaka has urged Azerbaijan to recruit manpower from Bangladesh during the first round of Foreign Office Consultations (FOC) between Bangladesh and Azerbaijan. Foreign Secretary Masud…

Trade via Sonamasjid land port to remain closed for 7 days for Eid-ul-Azha

Trade via Sonamasjid land port to remain closed for 7 days for Eid-ul-Azha

Export-import between Bangladesh and India through Chapainawabganj's Sonamasjid land port will remain suspended for seven days beginning from Saturday on the occasion of the holy Eid-ul-Azha…

China-Bangladesh partnership to build 100MW solar power plant in Jamalpur

China-Bangladesh partnership to build 100MW solar power plant in Jamalpur

China's CREC International Renewable Energy and Bangladesh's state-owned B-R PowerGen Company have signed an agreement to jointly build a 100 MW solar power plant in Jamalpur's Madarganj…

US Fed pencils in one interest rate cut this year

US Fed pencils in one interest rate cut this year

The US Federal Reserve has signalled that it will cut its key interest rate just once this year despite inflation easing. Back in March, the central bank had been expected to reduce…

Budget has high hopes, low directions: Economists

Budget has high hopes, low directions: Economists

Economists at a discussion on Thursday called for a harmonised policy to address inflation control and maintain growth for a sustainable economy. They termed the proposed budget “…

WB projects modest GDP growth for Bangladesh: 5.7% in 2024-25, 5.9% by 2025-26

WB projects modest GDP growth for Bangladesh: 5.7% in 2024-25, 5.9% by 2025-26

The World Bank has projected Bangladesh's economic growth to slightly increase to 5.7% in the fiscal year 2024-25 and 5.9% in 2025/26, driven by a rise in private consumption and the…

Bangladesh can boost growth by investing in Women: IMF

Bangladesh can boost growth by investing in Women: IMF

Bangladesh has made major gains for its population, the world’s eighth largest with more than 170 million people. Per capita incomes, one of the best measures of broad economic…

AMTOB sees gap between Telecom Ministry and NBR

AMTOB sees gap between Telecom Ministry and NBR

Association of Mobile Telecom Operators of Bangladesh (AMTOB) said there is a wide gap between the government’s smart Bangladesh vision and the National Board of Revenue’s…