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

2d 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.

3d 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

3d 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

3d 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

3d ago

BIGF gets new chairperson

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

3d ago

Kamran Tanvirur Rahman re-elected as MCCI president

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

4d ago

China consumer prices rise at slower rate in November

The consumer price index (CPI), a key measure of inflation, rose 0.2 percent in November year-on-year, down from 0.3 percent in October, the National Bureau of Statistics (NBS) said

1w ago

Chinese premier warns world financial leaders of 'deglobalisation' risks

Premier Li Qiang made the remarks in his opening speech at a summit attended by the top leaders of organisations including the International Monetary Fund, the World Trade Organisation and the World Bank.

1w ago

UK employers cut growth forecasts as tax hikes weigh on economy

Growth in 2025 is now seen at 1.6 percent, the Confederation of British Industry (CBI) said, down from a projection of 1.9 percent made in June

2w ago

US clean energy, defense to be impacted by China export curbs

Beijing announced this week it would ban exports of gallium, germanium and antimony to the United States, targeting materials used for everything from semiconductors to solar cells

2w ago

US job market bounces back from impact of strikes, hurricanes

The labour market's resilience is driving the economy through strong consumer spending, with the closely watched employment report from the Labor Department on Friday showing solid wage growth last month

2w ago

Walmart, Amazon holiday spending rise as Target, Best Buy stumble, data shows

Holiday shoppers largely browsed at brick-and-mortar stores, making more online purchases at some retailers, snapping up such items as pre-owned Rolex watches,

2w ago

US Fed officials warn of ongoing risks from elevated inflation

The Federal Reserve has a dual mandate from Congress to keep both inflation and unemployment under control, and recently began rolling back high interest rates in order to better support the labor market

2w ago

BSC issues tender to dispose of two old oil tankers

The Bangladesh Shipping Corporation (BSC) has finally taken steps for the disposal of two of its oldest oil tankers, which, according to experts, had become unfit by 2015.

2w ago

LC margin bar withdrawn for crisis-hit six banks

They are: IBBL, FSIBL, SIBL, Union, Global Islami, Bangladesh Commerce

2w ago

MGI’s concern, ADB sign $20 million loan deal for flour milling plant

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

2w ago