Elon Musk achieves first ever $500b net worth
AFP, Washington : Billionaire Elon Musk, the world’s richest person, is nearly halfway to becoming the planet’s first trillionaire, Forbes magazine reported Wednesday.The Tesla and...
Business & Economy
Bangladesh draws less than 5pc of S Asia’s logistics FDI: Report
Business Desk : Bangladesh has attracted $1.8 billion in greenfield foreign direct investment (FDI) in logistics between 2019 and 2024, accounting for 4.9 percent of...
Production hit at Gazipur factories due to low gas pressure
Business Report : Gas pressure has dropped in parts of the Gazipur zone under Titas Gas Transmission and Distribution Company, disrupting production at garment factories...
BDCCL seeks major revisions to Oracle cloud contract, demands $3.68m refund
Business Desk : Bangladesh Data Centre Company Limited (BDCCL) has moved to revise what it terms a ‘one-sided’ cloud service agreement with tech giant Oracle,...
Bangladesh’s garment exports to EU rise17.9pc, outpacing key rivals
Business Desk : Bangladesh has achieved a 17.9 percent growth in ready-made garment (RMG) exports to the European Union (EU) during the first six months...
G7 ministers to target increasing of Russia’s oil purchases
AFP, Washington : G7 finance ministers pledged Wednesday to take aim at those who are continuing to step up purchases of Russian oil, since Moscow’s...
India’s central bank holds policy rate at 5.50pc termed ‘neutral’ policy stance
Reuters, Mumbai : The Reserve Bank of India (RBI) kept its policy rate unchanged on Wednesday, signalling room to lower rates in December as it...
ADB signs $30m sustainability-linked loan with Envoy Textiles
Business Desk : The Asian Development Bank (ADB) has signed a $30 million sustainability-linked loan facility agreement with Envoy Textiles Limited, marking ADB’s first such...
EBL, BBDN celebrate women’s digital marketing graduation
Business Desk : Eastern Bank PLC (EBL) and the Bangladesh Business & Disability Network (BBDN) have celebrated the graduation of 15 women with disabilities from...
Prime Bank customers to enjoy discounts on Hyundai vehicles
Business Desk : Prime Bank PLC. customers in Bangladesh will now enjoy exclusive discounts on Hyundai vehicles.Fair Technology Limited is the official manufacturer & authorized...
Pandamart marks 5 years with month-long discounts
Business Desk : Foodpanda’s online grocery delivery service, pandamart, is marking its 5th anniversary with a nationwide campaign throughout October, focusing on affordability, variety, and...
No approval needed to extend outsourced services for ADP
Business Desk : The interim government has withdrawn a requirement for outsourced personnel to renew approvals for working in annual development programmes (ADP). The Ministry...