Business | Daily sun
BB uses 3-tier security to check any possible heist attempts By | Last Updated: 26th December, 2016, 00:00

Bangladesh Bank is implementing a ‘remediation plan’ to build a foolproof security system to prevent any further breaches in its overseas transactions, following the $81 million heist incident…

BB uses 3-tier security to check any possible heist attempts

Govt, ADB to ink $167m 
loan deal for gas sector Govt, ADB to ink $167m loan deal for gas sector

The government will sign with the Asian Development Bank (ADB) $167 million loan agreement for financing…


China’s insurance premium income up 28.9pc China’s insurance premium income up 28.9pc

BEIJING: China’s insurance premium income continued steady growth, with a 28.9-percent year-on-year…


ADN Telecom
declares 5pc cash dividend ADN Telecom declares 5pc cash dividend

ADN Telecom Limited, a leading IT and telecom service provider, has declared 5 percent cash dividend…


Delta, Aeromexico accept govt conditions for
joint venture Delta, Aeromexico accept govt conditions for joint venture

Delta Air Lines and Aeromexico have accepted the conditions set out by US and Mexican regulators for…


India’s top oil producer spends $1.2b to buy gas block India’s top oil producer spends $1.2b to buy gas block

India’s biggest oil and gas producer will pay as much as $1.2 billion to buy a majority stake…


NEWS OF THE DAY NEWS OF THE DAY

Saudi Arabia’s stock market surged in early trade on Sunday in response to the release of the…


Dubai needs ‘metals zone’ 
for its industries Dubai needs ‘metals zone’ for its industries

Dubai: Dubai should look to set up a specialist zone for aluminium and metal fabrication to support…


Iran rial hits fresh 
record low Iran rial hits fresh record low

TEHRAN: Iran's currency plumbed new lows against the dollar on Sunday, continuing a six-month decline…


Egypt targets 5pc economic 
growth by mid-2018 Egypt targets 5pc economic growth by mid-2018

CAIRO: Egypt targets a five percent economic growth rate in the year to June 2018, the finance ministry…


India’s top oil producer spends 
$1.2b to buy gas block India’s top oil producer spends $1.2b to buy gas block

NEW DELHI: India’s biggest oil and gas producer will pay as much as $1.2 billion to buy a majority…


Citi sees business growth 
Citi sees business growth

Dubai: Wide ranging structural reforms initiated by the GCC governments to deal with lower oil prices…


Saudi to sell
49pc of Aramco
within decade Saudi to sell 49pc of Aramco within decade

RIYADH: Saudi Arabia plans to sell up to 49 per cent of its oil giant Saudi Aramco within 10 years as…


Uncertainty about
Rs 5,000 notes
heats up
Pak gold market Uncertainty about Rs 5,000 notes heats up Pak gold market

KARACHI: Frequent denials by the government and the State Bank of Pakistan (SBP) did not calm the anxiety…


S Korea keeps close eye on won’s weakness against US dollar S Korea keeps close eye on won’s weakness against US dollar

SEOUL: The South Korean government is keeping a close eye on the won's weakness against the US dollar…


NEWS OF THE DAY NEWS OF THE DAY

A string of loans recently secured by the Egyptian government are providing a badly needed fillip for…


Prospects for early Fed rate increase recede Prospects for early Fed rate increase recede

NEW YORK: Market mayhem and the strengthening dollar following Britain’s decision to leave the…


Greek debt relief talks 
to resume Greek debt relief talks to resume

AMSTERDAM: Eurogroup chief Jeroen Dijsselbloem said on Saturday talks about initial Greek debt relief…


Trump’s economic drive should 
take everyone on the ride Trump’s economic drive should take everyone on the ride

NEW YORK: US President-elect Donald Trump should have a relatively clear road ahead at home for the…


Europe’s rich tighten grip on wealth Europe’s rich tighten grip on wealth

NEW YORK: The concentration of wealth among the eurozone’s richest has increased since the bloc’s…


Eurozone clears way to resume 
debt relief for Greece Eurozone clears way to resume debt relief for Greece

BRUSSELS: Eurogroup head Jeroen Dijsselbloem on Saturday said Greece had cleared up doubts and could…


Fairfax seeks $1b
in IPO for Africa
investments Fairfax seeks $1b in IPO for Africa investments

Toronto: Fairfax Financial Holdings Ltd, the Canadian insurer that made its largest acquisition this…


Dozens of UK banks, financial firms 
'looking at moving to Ireland' Dozens of UK banks, financial firms 'looking at moving to Ireland'

LONDON: Banks and financial institutions make up the overwhelming majority of more than 100 companies…


UK workers ‘not confident’ of govt’s ability UK workers ‘not confident’ of govt’s ability

Employees in the UK are not confident in the Government’s ability to negotiate a good deal for…


Korean drugs to make inroads 
into US market in 2017 Korean drugs to make inroads into US market in 2017

SEOUL: A number of South Korean biopharmaceutical products will make their full-fledged debuts in the…


Chinese firms face competition to 
maintain role in Iranian oilfields Chinese firms face competition to maintain role in Iranian oilfields

DUBAI: Iran plans to ask international oil companies to bid for the second phase of development of its…


Alibaba back on US counterfeits blacklist Alibaba back on US counterfeits blacklist

Chinese e-commerce giant Alibaba is back on the US’s “notorious markets” list over…


US consumer sentiment rises to highest level since 2004 US consumer sentiment rises to highest level since 2004

Americans are more confident in the economy than at any point in nearly 13 years, according to a closely…


Taka down against UK Pound, Euro Taka down against UK Pound, Euro

The local currency taka became weaker against the UK pound and Euro, while it remained steady against…


Commodity at a glance Commodity at a glance

Prices of most essential commodities remained unchanged in the city kitchen markets on Sunday.  …


CORPORATE CORNER CORPORATE CORNER

    Bangladesh Garment Manufacturers and Exporters Association President Md Siddiqur Rahman…


Bitcoin enjoys end of year price surge Bitcoin enjoys end of year price surge

The value of the Bitcoin virtual currency has hit a three-year high with each one now worth about $900…

Top