Bangladesh Bank tightens capital requisite for new banks
Business Report :Bangladesh Bank on Thursday said that the upcoming commercial banks in the country will have to ensure Tk500 crore as paid-up capital instead...
Business & Economy
Informal trade estimated at 50pc of all formal trade in South Asia
Business Report :Informal trade in South Asia (SA) was estimated at approximately 50% of formal trade within the region.Trade cost in the South Asian nations...
‘Innovative strategies needed to implement FY24 budget’
Business Report :Innovative strategies are needed to implement the budget’s target of keeping inflation at 6 per cent and ambitious revenue collection, economists said on...
US chip giant Micron to invest $600 mn in China plant
AFP :US chipmaker Micron said Friday it would invest more than $600 million in its packing and testing factory in northwest China, less than a...
Maven Fashion ensures healthy environment for employees: Md Sabur Khan, Chairman
Reza Mahmud :Md Sabur Khan, Chairman of Maven Fashion Limited, is a successful entrepreneur in the readymade garment (RMG) sector of Bangladesh. Under his talented...
COP28 must deliver for the financially vulnerable: President-Designate
Business Desk :COP28 President-Designate, Dr. Sultan Al Jaber has said, “It is critical that we focus on the needs of the most vulnerable communities and...
People are in anxiety in inflation-stricken Argentina
AFP :Despite a biting economic crisis, restaurants in Buenos Aires are full and queues for theater and concert tickets long.With inflation at 114 percent year-on-year...
Tokyo shares open lower ahead of BoJ decision
AFP :Tokyo shares opened lower on Friday despite rallies on Wall Street, with traders eyeing the Bank of Japan’s policy announcement later in the day.The...