Oil soars as US, UK strike on Houthis stirs up geopolitical worries
Reuters :The oil price surged on Friday, as the escalating conflict in the Red Sea region threatened to further disrupt global trade, while stocks rose...
Business & Economy
GLIL, DBBL sign deal on Bancassurance
Business Desk :Guardian Life Insurance Limited(GLIL) and Dutch-Bangla Bank (DBB) PLC have recently signed a partnership agreement to initiate Bancassurance operations. The signing ceremony was...
MTB to sell Pioneer Insurance Company’s products
Business Desk :Mutual Trust Bank (MTB) has signed a bancassurance agreement with Pioneer Insurance Company, enabling the bank to sell Pioneer’s insurance solutions to its...
Both LC openings and settlements drop in December 2023
Business Desk :Both the opening and settlements of letters of credit (LCs) dropped in December, the last month of 2023 calendar year. Bangladesh Bank’s latest...
Import payments for eight essential items ease ahead of Ramazan
Business Report :The central bank has allowed imports of edible oil, chickpeas, pulse, peas, onion, spices, sugar, and dates on usance terms for up to...
World added 50pc more renewable energy but more needed: IEA
AFP, Paris :The world added 50 percent more renewable energy capacity in 2023 over the previous year but more is needed in the battle against...
BTRC revises guidelines for ISPs
Business Desk :The Bangladesh Telecommunication Regulatory Commission (BTRC) has issued guidelines on the usage of radio frequencies, apparatus and equipment by Internet Service Providers (ISPs)...
BB likely to unveil contractionary MPS on January 15
Business Report :A contractionary monetary policy stance (MPS) is ready for unveiling, meant for the second half of FY24, as Bangladesh Bank is set to...
Bangladesh top RMG exporter in UK market for Jan-Oct’23
Business Report :Bangladesh has retained the status of the top exporter of garment items in the UK market in consideration of quantity in the period...
Union Bank distributes blankets among cold affected people
Business Desk :Union Bank PLC, distributed blankets at different places in the capital among the helpless, sick, orphan and cool affected people. ABM Mokammel Hoque...