Sri Lanka economy shrinks 8.4 percent
BSS :Bankrupt Sri Lanka’s economy shrank 8.4 percent year-on-year in the second quarter, official data showed Thursday, as the island nation’s unprecedented financial crisis reached...
Business & Economy
BGMEA, upay sign deal to disburse stipend for BGMEA-SEIP project
Staff Reporter :The Bangladesh Garments Manufacturers and Exporters Association (BGMEA) and upay, one of the fastest growing mobile financial service providers in the country, signed...
Tobacco co’s trying to block efforts of strengthening the law
Reza Mahmud :Tobacco companies are applying all-out techniques to hinder the government’s efforts to strengthening the tobacco control law by way of amendment. The Ministry...
RMG workers’ demand for salary hike is logical: Tipu Munshi
Staff Reporter :Commerce Minister Tipu Munshi on Friday said the demand of readymade garments (RMG) workers for increasing their wages is logical in the view...
World Bank warns recession risk rising amid higher interest rates
BSS :The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the World Bank warned Thursday, calling...
Indonesia investigating Google over app store payment system
BSS :Indonesia has launched an anti-trust investigation into Google over the etch firm’s insistence that its payment system be used for purchases from its app...
BB increases shippers’ EDF facility
Business Desk :Bangladesh Bank (BB) has introduced a facility for exporters to repay the loans taken from its Export Development Fund (EDF) in instalments.From now,...
Islami Commercial Insurance to raise Tk 20.26 crore thru IPO
Business Desk :Islami Commercial Insurance Company gets nod to raise a fund of Tk 20.26 crore from the stock market through initial public offering (IPO).Bangladesh...
80pc work of Ghorashal-Polash Urea Fertilizer Project completed
Business Desk :As high as 80 per cent of construction work of the Ghorashal-Polash Urea Fertilizer Project (GPUFP) has been completed.The information was disclosed in...
Stocks rise after daylong ups, downs
Business Desk :The Dhaka Stock Exchange (DSE) finally rose at the end of on Thursday’s trading after the daylong ups and downs of the market.The...