Business


BEA proposes Tk 11,95,486cr alternate budget

Business —3 June, 2024 22:23

The Bangladesh Economic Association (BEA) today proposed a Taka 11,95,486 crore alternate national budgetfor the next fiscal year (FY25).  BEA…

BEA proposes Tk 11,95,486cr alternate budget

Microsoft to invest $3.2 bn in AI in Sweden

Microsoft said Monday it would invest 33.7 billion kronor ($3.2…

Microsoft to invest $3.2 bn in AI in Sweden
'Next BIMSTEC Summit will have some significant outcomes'

Secretary General of the Bay of Bengal Initiative for Multi-Sectoral…

'Next BIMSTEC Summit will have some significant outcomes'

JPMorgan to grow India headcount by 5%-7% for next few years, senior exec says

JPMorgan to grow India headcount by 5%-7% for next few years, senior exec says

JPMorgan Chase plans to grow its headcount in India by 5%-7% annually over the next few years, a senior executive told Reuters, as the Wall Street bank doubles down in one of the hottest…

OPEC+ seen prolonging oil cuts in 2024 and into 2025

OPEC+ seen prolonging oil cuts in 2024 and into 2025

OPEC+ will likely agree on Sunday to prolong its deep oil output cuts into 2024 and possibly 2025, two OPEC+ sources said as the group seeks to shore up the market amid tepid global…

$2.25 billion received in remittances in May, up 10.3% over April

$2.25 billion received in remittances in May, up 10.3% over April

Bangladeshi expatriates sent US $2.25 billion inward remittance in May, which brings good news amid the foreign exchange crisis. Bangladesh Bank's (BB) latest remittance update…

Sukuk Bonds’ auction on Wednesday for developing Upazila and Union roads of Chattogram

Sukuk Bonds’ auction on Wednesday for developing Upazila and Union roads of Chattogram

The government has decided to collect funds through ‘Sukuk Bond’ to develop the Upazila and Union Road network in the Chattogram Division. In line with this, the auction…

Ambassador Yao optimistic on Bangladesh-China FTA

Ambassador Yao optimistic on Bangladesh-China FTA

China stands ready to work together with Bangladesh to announce the conclusion of the feasibility study of the Bangladesh-China free trade agreement (FTA) in the near future. "China…

S. Korean president to host Africa summit eyeing minerals, trade

S. Korean president to host Africa summit eyeing minerals, trade

SEOUL, June 2, 2024 (BSS/AFP) - South Korea will aim to secure criticalmineral imports and boost trade ties with Africa as President Yoon Suk Yeolhosts dozens of heads of state from…

One currency, one charger: How the EU changed life for consumers

One currency, one charger: How the EU changed life for consumers

PARIS, June 2, 2024 (BSS/AFP) - With Europeans heading to the polls on June 9 for the EU-wide parliament elections, AFP takes a look at how the bloc has changed life for consumers:…

FBCCI calls on businesses to prevent supply of substandard fire safety equipment

FBCCI calls on businesses to prevent supply of substandard fire safety equipment

The country's apex trade body FBCCI on Sunday urged businesses to prevent and regulate the supply of substandard fire safety equipment in the market  to ensure safety of residential,…

CPD highlights dire contradictions in economy

CPD highlights dire contradictions in economy

People are earning less, but spending most on food in Bangladesh, creating grave difficulty for the poorer sections of society. The research director of the Center for Policy Dialogue…

Regulators push Boeing on plan for 'systemic change'

Regulators push Boeing on plan for 'systemic change'

Boeing will continue to face increased government inspections and limits on production, as regulators say "systemic change" is needed to rebuild confidence in the safety of its planes.…

Tycoon told to pay $1bn in record divorce ruling

Tycoon told to pay $1bn in record divorce ruling

South Korean tycoon Chey Tae-won has been ordered to pay his ex-wife 1.38 trillion won ($1bn; £788m) in cash - the country's largest ever divorce settlement. It comes nearly…

Oil giant Aramco says to offer shares worth over $10 bn on Saudi bourse

Oil giant Aramco says to offer shares worth over $10 bn on Saudi bourse

Oil giant Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion in one of the biggest such offerings in recent years. In a statement posted…

US growth slower than estimated in first quarter: govt

US growth slower than estimated in first quarter: govt

The US economy grew less than initially estimated in the first quarter of this year as consumer spending cooled, the government reported Thursday, but data indicate resilience despite…

Prices of spices jumped along with other commodities

Prices of spices jumped along with other commodities

The prices of all types of spices have shot up ahead of Eid-ul-Azha along with the prices of fish, chicken, meat, potato, and green chili. The traders have blamed the fluctuating exchange…