Gold price changes for fourth time in a week
Jewellers cut gold prices by Tk 1,166 a bhori today
Where to get milk, egg, meat at affordable rates now
Livestock ministry’s sales begin in Dhaka’s 20 places
Simtex Industries ordered to restructure board
The textile company has to replace its existing independent directors with new ones
Nagad offers customers chance to win BMW car
The mega offer went live today and will continue until June 30
Stocks rise again
However, turnover of the DSE fell 18 per cent to Tk 286 crore
FBCCI to request govt to allow import of poultry, beef
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will request the commerce ministry to allow the import of poultry chicken and beef in order to keep the prices of meat under control, said its chief today.
How pandemic accelerated digital transformation in advanced economies
As the world does its best to move on from the pandemic, one of the lasting legacies for many advanced economies has been greater adoption of digital technologies. Working from home is now common, and many companies have expanded online operations.
Dollar slips as Fed outlook shifts
The dollar was under pressure near seven-week lows on Thursday after the US Federal Reserve sounded close to calling time on interest rate hikes, which markets think are more or less over.
DSE inches up, CSE down in morning trade
The prime index of the Dhaka Stock Exchange (DSE) rose slightly in the morning trade today.
Economy
Broiler chicken price to go down by Tk 30-40 per kg: govt
The broiler chicken will be sold at Tk 190-195 per kg at farm level during the month of Ramadan
4 companies summoned for selling broiler chicken at high prices
The companies are Kazi Farms, Aftab Bahumukhi Farms Limited, CP Bangladesh and Paragon Poultry and Hatchery Limited.
Bangladesh plans to buy aircraft from Airbus
Bangladesh plans to purchase new commercial aircraft from Airbus, a Netherlands-based multinational aerospace company, in order to bolster the fleet of Biman Bangladesh Airlines and thereby tap into the growing aviation industry.
Payra port to see larger vessels from April
Payra port, the third seaport in Bangladesh, expects to see the arrival of larger ships from the first week of April, according to a statement from the shipping ministry issued yesterday.
Health insurance getting popular among local firms
Many companies in Bangladesh now offer group health insurance benefits to their employees in a bid to attract young talents, survive in the competition and comply with regulations, according to industry people.
Country needs a roadmap to become aviation hub
Prime Minister Sheikh Hasina yesterday said Bangladesh should formulate a roadmap considering its geo-strategic advantage to make the country an aviation hub.
Bangladesh, Bhutan sign transit deal
Bangladesh yesterday signed a transit agreement with Bhutan allowing the landlocked South Asian nation to transport its imported and export-oriented goods by using ports, mainly the Mongla seaport.
Businesses demand ending red tape
Businesses yesterday demanded that the government bring an end to red tape and simplify rules for businesses to reduce production costs and be more competitive.
Global Economy
US Federal Reserve raises interest rates amid global banking turmoil
The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turmoil in financial markets spurred by the collapse of two US banks
Fed mulls more rate hikes
US banks will be paying especially close attention to the Federal Reserve’s interest-rate decision on Wednesday after two weeks of market turmoil over the collapse of three regional lenders.
Financial tensions may hit eurozone
Recent financial turbulence could add to “downside risks” in the eurozone, European Central Bank chief Christine Lagarde warned Wednesday, while insisting policymakers remained focused on taming sky-high inflation.
Indian businesses keen to invest heavily here
Indian businesses showed interest to invest heavily in various sectors of Bangladesh.
Russia reports record gas supplies to China via Siberia
Russian energy giant Gazprom said Tuesday it had reached a daily record in gas volumes supplied to China through the Power of Siberia pipeline.
Indian businesses keen to invest heavily in Bangladesh
The leaders of Bharat Chamber of Commerce say
UBS swallows doomed Credit Suisse
UBS Group emerged as Switzerland’s one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet that makes the Swiss economy more dependent on a single lender.
Gold tops $2,000 on Credit Suisse buyout
Gold topped $2,000 per ounce for the first time in more than a year on Monday on haven demand as investors fretted over global bank fears despite the buyout of Credit Suisse.
Organisation News
Fintech Hub launched to nurture young entrepreneurs
Fintech Hub Bangladesh, a non-commercial initiative, has been launched to help young fintech entrepreneurs and professionals under the age of 30 years.
StanChart, MSC join hands for digital payment
Standard Chartered Bangladesh recently signed an agreement with MSC Mediterranean Shipping Company Bangladesh Limited (MSC) enabling MSC to process local payments with ease.
British High Commission, USAID celebrate Bangladesh's progress in maternal and child survival
United States Agency for International Development (USAID) and British High Commission (BHC) co-hosted an event celebrating Bangladesh’s progress over the last decade towards ending preventable deaths of mothers, newborns and children.
Pragati Insurance holds medical camp on back pain
Aimed at raising awareness regarding health issues among the employees, a medical camp on “back pain” was held at a private hospital in Dhaka recently..Pragati Insurance Limited in collaboration with Asgar Ali Hospital organised the camp at the hospital on Sunday..Dr Shamim Md Fuad,
Global Money Week celebrations inaugurated
The 11th Anniversary of the Global Money Week celebration was inaugurated today with the theme "Plan Your Money, Plant Your Future" at Daffodil Education Network.
Polar Ice Cream ‘Moner Sukhe Aki’ held at Fantasy Kingdom
Concord Entertainment Co Ltd and Dhaka Ice Cream Industries Ltd (Polar Ice Cream) collaborated to host the "Polar Ice Cream Moner Shukhe Aki" art competition for the fourth consecutive year, with the goal of stimulating the creativity of the new generation.
NSU celebrates International Day of Mathematics 2023
North South University (NSU) celebrated the International Day of Mathematics (IDM) 2023 on its campus today, organised by NSU's Department of Mathematics and Physics (DMP).
Collective efforts needed to ensure water security
A roundtable discussion styled “Accelerating Change: Decentralising the Conversation on Water Stewardship”, organised jointly by Unilever Bangladesh Ltd., Foreign Investors' Chamber of Commerce and Industry (FICCI) and WaterAid Bangladesh, was held at a hotel in Chattogram on the occasion of World Water Day 2023.
Business Multimedia
Why did Moody’s downgrade rating of Bangladesh’s banking sector?
How will banking sector's rating downgrade by Moody's affect Bangladesh economy?
Why are profits of every 7 out of 10 companies dropping?
In today's Straight from Star Newsroom, Khondoker Md Shoyeb along with The Daily Star Reporter Ahsan Habib tries to shed light on the reasons responsible for a fall in profits of Bangladeshi companies
Why is per capita debt rising?
The per capita foreign debt has increased from $257 to $558 within seven years
Why are garment orders getting cancelled?
Are RMG orders going to fall drastically?
What are the conditions attached to IMF's $4.7b loan?
What prompted the Bangladesh government to seek a loan from the International Monetary Fund (IMF), and what conditions come with it?