Oil set for weekly loss despite gain on OPEC+ output decision
Agency : Oil prices rose on Friday after the OPEC+ group’s decision to keep its production policy unchanged, but benchmarks remained on track for weekly...
Business & Economy
ICC Bangladesh holds workshop on settlement of documentary credit disputes through ADR
Business Desk : ICCB Secretary General Ataur Rahman, Former Bangladesh Bank Executive Director Md. Ahsan Ullah and Workshop Resource Person K. M. Lutfor Rahman are...
Pacific Denims profit falls 66pc
Business Desk : Pacific Denims Ltd, one of the leading apparel exporters in Bangladesh, logged a 66 percent year-on-year decline in profit in the October-December...
Samsung reports sharp drop in operating profits
Business Desk : Samsung Electronics on Wednesday reported a 34.57 percent drop in operating profits for the fourth quarter of 2023, as the company struggles...
34,000MT of potatoes to be imported from India, in move to lower price
UNB : Aiming to rein in the runaway price of potatoes, the government has approved the import of 34,000 metric tons of potatoes through the...
Red Sea container shipping down 30pc over attacks: IMF
Business Desk : Container shipping through the Red Sea has dropped by nearly one-third this year as attacks by Yemen’s Huthi rebels continue, the International...
Bangladeshi company to invest $2.5 million in BEPZA EZ
Business Desk : Bangladeshi company CartonCraft Limited is going to invest $2.51 million to set up a Packaging & Accessories manufacturing industry in BEPZA Economic...
Lending rate on bank loans goes past 12pc
Business Desk : The interest rate on bank loans in Bangladesh has gone past 12 percent as the reference rate has seen an increase, central...
United Power’s profit keeps falling
Business Desk : United Power Generation & Distribution Company Ltd, one of the leading private power producers, continued to suffer from declining profits as losses...
Govt measures bringing inflation down in Bangladesh, but more needs to be done: IMF
Agency : The measures taken by the government are bringing down inflation in Bangladesh, the International Monetary Fund (Fund) said. “Now, what we have seen...