Global Economy

Global Economy

Pragoti to assemble and sell Kia sedan by this year

It signs deal with representative of Kia Corporation

12h ago

Banks can't impose any fine on supervision charges: BB

New guideline on supervision charge issued

13h ago

India to source onion from domestic market to export to Bangladesh

India’s National Cooperative Export Ltd will purchase 1,650 tonnes at Rs 29 a kg

17h ago

Analysis / A year on from Credit Suisse's rescue, banks remain vulnerable

The Swiss government-sponsored rescue of Credit Suisse and US bank salvages in March 2023 doused the immediate fires kindled by a run at little-known US regional lender Silicon Valley Bank

1d ago

US probing Adani Group and founder over potential bribery

Prosecutors are digging into whether an Adani entity or people linked to the company, including Gautam Adani, were involved in paying officials in India for favorable treatment on an energy project

1d ago

Bangladesh lags behind peer nations in ICT development

International Telecommunication Union (ITU) releases ICT Development Index 2023

2d ago

Analysis / Cars are moving into the fast lane for Tata

Cars used to be a top headache for the chair of the Indian salt-to-hotels conglomerate but the latest plan to separate the company's commercial vehicles and its passenger vehicles into two listed entities signals confidence in an important turnaround

2d ago

Crisis-hit Sri Lankan economy rebounds as tourists return

Number of tourists visiting jumped to 210,000 in December, it was 91,900 a year earlier

2d ago

Nissan, Honda explore partnership in electric vehicles

Analysts said the move was aimed at catching up with Chinese competitors who have stolen a march in EVs while Japanese firms have lost ground by focusing more on hybrid vehicles

2d ago

Bangladesh's RMG exports via Delhi airport upset Indian apparel makers

Garments from Bangladesh have been a key driver behind the surge in export cargo trans-shipment at the Delhi International Airport Limited (DIAL) in the last one year but the development has upset Indian apparel suppliers..On February 7 last year, India allowed DIAL to serve as a cargo tra

4d ago

Renata gets nod to raise Tk 350 crore

Shares of the listed drug maker dropped 1.17 percent yesterday from that on the day before to Tk 877

4d ago

Forex reserves fall below $20 billion after import payments

$1.29 billion import bills cleared last week, which brought down the reserves to $19.99 billion on Wednesday

4d ago

SM Mannan Kochi nominated as new BGMEA president

Syed Nazrul Islam new first vice-president and Khandoker Rafiqul Islam senior vice-president

4d ago

Adidas posts first loss in 30 years and warns on US

German sportswear giant Adidas posted its first annual loss in more than 30 years on Wednesday and warned sales in North America would fall again as sportswear retailers in the US struggle with high inventories

4d ago

IMF launches leadership search with Georgieva tipped for 2nd term

Georgieva, 70, has run the IMF since 2019, and indicated last week that she would be "honored" to helm the organization once more

4d ago

BGMEA wants stronger ties with US firm VF Corporation

VF Corporation's top official meets BGMEA president

5d ago

First-ever guideline for non-banks’ independent directors

The minimum age of such directors is 45 years and maximum 75 years

5d ago

China's Xiaomi embarks on Apple's road not taken

The $48 billion handset-maker said it will deliver its first electric car just weeks after the iPhone-maker scrapped a decade-long effort

5d ago
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