Global Business

Global Business

Poultry association cancels decision to halt production

They backtracked from the decision after the government promised to address their 10-point demand

1d ago

Bangladesh will get fourth tranche of loan after IMF's executive board meeting

The meeting will be held in February next year

2d ago

ADB to give $600m for economic management

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

2d ago

Payra power plant halts production for tests of new facility

Production cost at new facility to be lower than that of Adani, other plants

2d ago

IMF cuts Bangladesh’s growth forecast again, keeps inflation projection elevated

Bangladesh may grow 3.8% in FY25, not 4.5% in FY25, the lender says

2d ago

IMF to give $645 million as fourth tranche of loan to Bangladesh

IMF agreed to Bangladesh’s request to extend the loan amount, now it stands at $5.3 billion

2d ago

BIGF gets new chairperson

The Bangladesh Internet Governance Forum (BIGF) is the Bangladesh chapter of the Internet Governance Forum

2d ago

Kamran Tanvirur Rahman re-elected as MCCI president

The leading chamber also re-elected its senior vice president and vice president

3d ago

Renata ships first batch of preventative cardiovascular meds to US

The medicine was manufactured at Renata’s Bangladesh factory approved by the US-FDA

3d ago

Govt grants Tk 3,000 crore loan for ICB to stabilise capital market

The interest rate of the approved loan was fixed at the variable bank rate

4d ago

Bitcoin rallies past $107,000, hopes grow for strategic reserve

Bitcoin , the world's biggest and best known cryptocurrency, extended gains to a session high of $107,148

4d ago

Trump touts $100 bn SoftBank investment, vowing 100,000 jobs

Speaking alongside Trump, Son confirmed the investment company's financial commitment, adding that Trump's victory had "tremendously increased" his confidence in the US economy.

4d ago

Oil drops from highest in weeks, focus on Fed rate cuts

Falls were limited, however, by concerns of supply disruptions in the event of more US sanctions on major suppliers Russia and Iran

5d ago

US case against Gautam Adani appears strong but extradition unlikely, experts say

Adani, his nephew Sagar Adani, and another Adani Group executive were charged with securities fraud and conspiracy

5d ago

Bitcoin surges above $106,000 on strategic reserve hopes

Bitcoin , the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.2 percent to $104,462

5d ago

US Fed expected to cut rates in last meeting of Biden era

The Fed is also tipped to signal a slower path of cuts going forward amid uncertainty over the impact of President-elect Donald Trump's economic proposals

5d ago

China's retail sales weaken, miss forecasts in November

Retail sales expanded three percent year-on-year in November, the National Bureau of Statistics (NBS) said, slowing from a 4.8 percent rise in October that was its best reading in eight months.

5d ago

Maddhapara Granite Mining becomes dependent on loans for declining sales

The lone hard rock mining company under Petrobangla is now even selling its produce at Tk 500 lower than production cost

5d ago