IPDC Finance joins SME Foundation’s program for CMSME loan disbursement
Business Report : IPDC Finance announced its participation in the agreement signing ceremony for the third phase of the SME Foundation’s revolving fund loan disbursement...
Business & Economy
China warns of possible ‘trade war’ with EU
Reuters : Beijing warned on Friday that escalating frictions with the European Union over electric vehicle imports could trigger a trade war, as Germany’s economy...
‘China’s economic outlook improving’
Reuters : JPMorgan Chase (JPM.N) is seeing signs of an improving economy in China that will bolster the bank’s business in the country after a...
BSL’s business in mess
Noman Mosharef : InterContinental Dhaka owner Bangladesh Services Limited (BSL) suffered declining business performance throughout three quarters of fiscal year 2024. About a decade ago,...
PM Hasina to discuss $7.36b LoC in Delhi summit
Business Report : Bangladesh Prime Minister Sheikh Hasina will emphasise on Line of Credit (LoC) agreement of $7.36 billion to Bangladesh during her upcoming visit...
Walmart, Capital One settle lawsuit over credit card partnership
Reuters : Walmart (WMT.N), opens new tab settled its lawsuit against Capital One (COF.N), opens new tab over their credit card partnership, which had made...
Asian markets retreat after tech losses hobble Wall St
AFP : Asian markets mostly fell Friday following a broadly negative lead from Wall Street, where tech giants led a sell-off on profit-taking, while traders...
Kaspersky denies hazard after ban by US Commerce Dept
AP : The cybersecurity firm Kaspersky denied Friday that it is a security threat after the U.S. Commerce Department banned the use of its software...
Japan inflation ticks up in May to 2.5pc
AFP : The pace of Japanese inflation accelerated in May partly due to higher energy bills, government data showed Friday, as analysts speculate on the...
Market index falls by 1056 points in a year
Gazi Anowar : The Dhaka Stock Exchange (DSE) flagship index, the DSEX, is experiencing its worst session ever, hitting a 52-week low. Despite slight improvements...
Telecom sales cost more as SD, VAT increase
Business Report : The proposed budget for the fiscal year 2024-25 raises the supplementary duty (SD) and value-added tax (VAT) for the telecom sector, leading...