Fair Technology launches car exchange programme
Business Desk :With the theme “Buy Brand New Smartly” Fair Technology Limited – an authorised distributor for Hyundai passenger vehicles – has launched the “Hyundai...
Business & Economy
Corporation proposes increasing sugar price at millgate to Tk120 per kg
Business Report :A proposal has been sent to the government for increasing the price of sugar at the millgate to Tk120 per kilogram, Bangladesh Sugar...
Soaring dollar raises alarm as China, Japan escalate FX pushback
Bloomberg :The renewed advance in the US dollar is sending Asian currencies to multi-month lows and keeping the euro under pressure, while prompting authorities in...
Don’t do business with two banks of Myanmar
Business Desk :Bangladesh Bank has instructed local banks to refrain from engaging in financial transactions with Myanmar Foreign Trade Bank (MFTB) and Myanmar Investment and...
Rupee weakens for third straight day as higher US yields, oil prices weigh
Reuters :The Indian rupee weakened for a third straight session on Wednesday as elevated US Treasury yields and rising global crude oil prices weighed on...
Oil dips as markets shrug off supply jitters
Reuters :Oil prices reversed course on Wednesday after rising over 1 percent in the previous session, on a firmer dollar and as investors shrugged off...
Seven Rings holds tree plantation
Business Desk :Seven Rings Cement has recently organized a Tree Plantation Program at its three factories in Gazipur, Khulna, and Chattogram at-a-time. Tahmina Ahmed, Managing...
Express Insurance gets top bosses
Business Desk :The Board of Directors of Express Insurance Limited, in its 304th meeting held recently has been unanimously re-elected Amir Hamza Sarker as Chairman...
Padma Bank MD resigns
Business Desk :Tarek Reaz Khan, managing director of the embattled Padma Bank, has resigned from his post citing personal reasons. Khan, who took charge of...
Dollar holds near 6-month peak on global growth fears
Reuters, London :The dollar held close to a six-month peak as jitters over China and global growth weighed on risk appetite, while the yen strengthened...