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Business & Economy

Business & Economy

UK economy shrank in April as tariffs, tax hike kicked in

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AFP, London :Britain's economy shrank more than expected in April, official data showed Thursday, in the first month of the Labour government's business tax...
Business & Economy

BD businesses struggle as economic activity slows

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Business Report :Businesses in Bangladesh have fallen into a holiday trap, with economic activity slowing due to supply chain disruptions and bank closures during...
Business & Economy

Brac Bank’s shafollo brings digital loans

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Business Report :BRAC Bank's digital financing programme, Shafollo, is expanding access to finance for underserved communities by offering the fastest, collateral-free loans with minimal...
Business & Economy

Rawhide loans target fall short

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Business Report :Bangladesh Bank's initiative to inject Tk 232 crore into the leather sector for rawhide procurement during Eid-ul-Azha has fallen short, with only...
Business & Economy

Asian shares stumble after Trump’s latest trade threat

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AFP, Hong Kong :Asian shares were rattled Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks,...
Business & Economy

VAT on online sales commission tripled, small traders at risk

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Business Report :Businesses operating online, including those in e-commerce, had hoped the internet would become more affordable. To that end, they had demanded a...
Business & Economy

Mercantile Bank holds dividend

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Business Desk :Mercantile Bank has decided not to declare any dividend for 2024 after reporting a provision shortfall of Tk1,700 crore against non-performing loans...
Business & Economy

BD Paints share rises 43pc in 5 days

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Business Desk :In just five days, the stock price of BD Paints, a small and medium enterprise listed on the SME board of the...
Business & Economy

Zara owner posts rising profit despite Trump trade war

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AFP, MADRID :Zara owner Inditex, the world's biggest fashion retailer, reported on Wednesday a slight rise in net profit in its first quarter despite...
Business & Economy

Nestlé Bangladesh inks deal with Commercial Bank of Ceylon

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Business Report :The Commercial Bank of Ceylon PLC Bangladesh Operations (CBC) recently has entered a strategic partnership with Nestlé Bangladesh PLC to arrange distributor...
Business & Economy

Eastern Bank (EBL) has entered a bancassurance agreement with Akij Takaful Life Insurance to offer Shariah-compliant life insurance solutions to its customers. The agreement...

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Business & Economy

Bizli Cables provides financial support to electricians’ families

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Business Report :Bizli Cables, a leading cable brand of the country's renowned business conglomerate RFL Group, is providing financial support for the medical treatment...
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