Business | Daily sun

Remittance inflow up by 7.6pc in August By Staff Correspondent | Last Updated: 6th September, 2018, 00:00

Expatriate Bangladeshis sent US$ 1.41 billion in August 2018, up by $ 92.87 million from the previous month's level, mainly to meet the additional expenses of the Eid festival. The flow of remittances…

Remittance inflow up by 7.6pc in August

Impose higher tax on tobacco
to achieve SDGs: Kamal Impose higher tax on tobacco to achieve SDGs: Kamal

Planning Minister AHM Mustafa Kamal on Wednesday said taking effective fiscal measures to increase tax…


Germany toughens rent
 control regulations 
Germany toughens rent control regulations

BERLIN: The German government has signed off a legislative proposal by Justice Minister Katarina Barley…


KSA registers positive economic indications in 2017: Report KSA registers positive economic indications in 2017: Report

RIYADH: Saudi Arabia announced on Wednesday various positive economic indications last year, despite…


Govt signs deal with

REHAB to create

skilled manpower Govt signs deal with REHAB to create skilled manpower

The Skills for Employment Investment Programme (SEIP) under the ministry of the Finance Ministry on…


3 Bangladeshi banks win

ADB’s TFP awards 3 Bangladeshi banks win ADB’s TFP awards

Three Bangladeshi Banks– Dutch-Bangla Bank, Prime Bank and Mutual Trust Bank– are among…


Week-long

income tax fair

to begin Nov 13 Week-long income tax fair to begin Nov 13

A weeklong ‘Income Tax Fair’ will begin in the city and other divisional headquarters across…


Lockheed, Tata in JV to make F-16 jet Lockheed, Tata in JV to make F-16 jet

WASHINGTON: In a major boost to the ‘Make in India’ initiative, American security and aerospace…


News of the day News of the day

Headline inflation in the Philippines continued to accelerate in August hitting a new nine-year high…


India’s August services PMI falls from 21-month peak India’s August services PMI falls from 21-month peak

NEW DELHI: India's services sector activity fell in August from July's 21-month peak as new…


Australia’s economy powers ahead 
as consumers keep spending Australia’s economy powers ahead as consumers keep spending

SYDNEY: Australia’s buoyant economy posted strong growth in the second quarter of the year on…


US manufacturing surges in 
Aug despite trade concerns US manufacturing surges in Aug despite trade concerns

WASHINGTON: US manufacturing surged in August, showing surprising strength in a normally tepid month…


Argentina makes ‘progress’ in IMF talks to speed up crisis loan Argentina makes ‘progress’ in IMF talks to speed up crisis loan

WASHINGTON: Argentina “made progress” on Tuesday in talks with the International Monetary…


Asian equities dive as emerging 
market fears add to trade woes Asian equities dive as emerging market fears add to trade woes

HONG KONG: Asian markets tumbled Wednesday on growing concerns about emerging market economies, adding…


Amazon tops

$1tn in stock

market value Amazon tops $1tn in stock market value

NEW YORK: Amazon became the second big US company to hit $1 trillion in stock market value in the latest…


Chinese yuan

weakens

against dollar Chinese yuan weakens against dollar

BEIJING: The central parity rate of the Chinese currency renminbi, or the yuan, weakened 83 basis points…


S Africa slips

into recession,

against forecasts S Africa slips into recession, against forecasts

JOHANNESBURG: South Africa’s economy tipped into recession as it shrunk 0.7 percent in the second…


German car

market surges German car market surges

FRANKFURT AM MAIN: Registrations of new cars on German roads leaped 25 percent in August, official data…


News of the day News of the day

Hong Kong stocks tumbled on Wednesday, in line with a sharp sell-off across Asia as investors fret over…


Libya leads Opec oil output to 2018 high despite Iranian cuts Libya leads Opec oil output to 2018 high despite Iranian cuts

CAIRO: OPEC crude production rose in August to the highest level this year as a recovery in Libyan output…


London stocks slide on emerging 
markets, trade woes London stocks slide on emerging markets, trade woes

LONDON: Stocks tumbled Wednesday on growing concerns about emerging market economies, adding to the…


US, Canada to try to salvage 
three-country NAFTA US, Canada to try to salvage three-country NAFTA

WASHINGTON: Efforts to salvage the North American Free Trade Agreement as a three-country pact are due…


Malaysia’s exports up 9.4pc year-on-year in July Malaysia’s exports up 9.4pc year-on-year in July

KUALA LUMPUR: Malaysia's July exports hit a new high with an increase of 9.4 percent from a year…


S Korea’s Q2 GDP growth 
rate revised down to 0.6pc S Korea’s Q2 GDP growth rate revised down to 0.6pc

SEOUL: South Korea's gross domestic product (GDP) growth for the second quarter was revised down…


India’s rupee

drops to record

low against

US dollar India’s rupee drops to record low against US dollar

NEW DELHI: The rupee pared initial gains to drop to a fresh all-time low of 71.79 against the US currency,…


Philippine mfg

expands in July Philippine mfg expands in July

MANILA: Philippine manufacturing expanded in July, with double-figure growth in both the volume of production…


Oil steady ahead

of Storm Gordon,

weighed by dollar,

Cushing build Oil steady ahead of Storm Gordon, weighed by dollar, Cushing build

NEW YORK: Oil prices were little changed on Tuesday, as energy infrastructure on the US Gulf Coast braced…


Vietnam spends

more importing

less steel in

8 months Vietnam spends more importing less steel in 8 months

HANOI: Vietnam spent roughly 6.7 billion U.S. dollars importing nearly 9.3 million tons of steel and…


Stocks go up Stocks go up

Stocks rebounded Wednesday as all indices on the country’s two bourses–Dhaka Stock Exchange…


Tokyo stocks close lower Tokyo stocks close lower

TOKYO: Tokyo stocks closed lower on Wednesday, weighed down by the country’s worst typhoon in…


Brexit overshadow German chemical firms Brexit overshadow German chemical firms

FRANKFURT AM MAIN: German chemical firms enjoyed a strong second quarter, the powerful VCI industry…


3s Agro Services holds annual confce 3s Agro Services holds annual confce

3s Agro Services Limited, a leading agri-input company, organised their annual conference at Long Beach…


Daraz hosts

Seller Summit

in Bangladesh Daraz hosts Seller Summit in Bangladesh

The biggest online marketplace of Bangladesh, Daraz (daraz.com.bd) organised the Seller Summit-2018…


China's service trade hits historic high in Jan-July China's service trade hits historic high in Jan-July

BEIJING: China's service trade mounted to a new high in the first seven months of this year as the…


SMC ties up with Masthead PR SMC ties up with Masthead PR

Social Marketing Company (SMC) of Bangladesh signed an agreement with the country’s leading public…


Taka up against pound Taka up against pound

The local currency Taka went up against the UK pound and dropped against the Euro and it remained unchanged…


Commodity at a glance Commodity at a glance

Prices of most essential commodities remained steady in the city’s kitchen markets on Wednesday.…


Corporate Corner Corporate Corner

State Minister for Power, Energy and Mineral Resources Nasrul Hamid along with the visiting delegation…

Top