Monday, 17 June, 2019
The government will sign a 10-year agreement today with Indonesian largest coal supplier PT Bayan Resources Tbk for import of coal to feed the country’s first largest coal-fired power plant at Pyara,…
BGMEA demands 3pc cash incentive for RMG sector
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has demanded three percent cash incentive…
UKBCCI keen to expand trade, investment
in Bangladesh
Leaders UK-Bangladesh Catalysts of Commerce and Industry (UKBCCI), a leading umbrella of British-Bangladeshi…
Budget disappoints
tech businesses
Technology business leaders on Sunday urged the government to withdraw additional taxes on digital trading…
DSE terms budget as capital-mkt friendly
Dhaka Stock Exchange (DSE) has hailed the proposed budget for fiscal year 2019-2020 (FY20) describing…
Honda Cars may raise vehicle prices
NEW DELHI: Honda Cars India is considering to increase vehicle prices by up to 1.2 per cent from next…
Emirates driving school in Dhaka soon
Emirates Driving Institute, the largest and most successful Driving Institute in the Middle East, is…
‘Govt to build 200 paddy
silos to ensure fair price’
Food Minister Sadhan Chandra Majumder said the government has planned to build 200 silos across the…
Switzerland to assist Bangladesh on
taxation system
Switzerland has expressed interest to work closely with Bangladesh for modernisation of its taxation…
News of the day
President Donald Trump likes to take credit for the US economy, with historic low unemployment and few…
India can boost exports of 350 products to US
NEW DELHI: The ongoing trade war between the US and China offers an opportunity to India for boosting…
Japanese cos opposed
to US slapping addl
tariffs on Chinese goods
WASHINGTON: US subsidiaries of Japanese companies, as well as American and Chinese businesses, have…
BoE to keep key
rate unchanged
London: Bank of England policymakers will probably keep policy on hold on Thursday despite warnings…
Dubai’s private sector
grows in May
DUBAI: Dubai's non-oil private sector growth accelerated in May to its strongest pace since 2010,…
UAE, India to
renegotiate
bilateral air
service deal
New Delhi: The UAE Ambassador to India, Dr. Ahmad Abdulrahman Al Banna, has met with India’s new…
Beijing new
airport subway
line starts test run
BEIJING: Self-driving trains for the subway line connecting downtown Beijing with its new international…
Russia’s central bank
eyes launching its
own digital currency
MOSCOW: Russia’s Central Bank is considering plans of launching its own digital currency, but…
Europe falls behind
US in cost of living
LONDON: Europe now accounts for less than a fifth of the world’s most expensive cities due to…
India’s housing finance
growth may slow to 15pc
NEW DELHI: Housing finance growth is set to slow down to 13-15 per cent this fiscal, lower than the…
Saudi Arabia
committed to
Aramco IPO
RIYADH: Saudi Arabia remains committed to selling shares in national oil conglomerate Aramco through…
News of the day
China enjoys the potential to become the world's largest cruise market, as its cruise tourism industry…
China prepared for long
trade fight with US
SHANGHAI: The United States has underestimated the Chinese people's will to fight a trade war and…
US-India trade tension hangs
over Indian capital markets
New Delhi: Indian equity markets could come under pressure over the fresh tension between the US and…
US Fed leans toward a cut,
don’t expect one this week
WASHINGTON: As President Donald Trump’s trade wars drag on, and the global economy weakens, the…
Pakistan to get $3.4bn in budgetary aid from ADB
ISLAMABAD. Pakistan will receive $3.4 billion (Dh12.47 billion) in budgetary support from the Asian…
War risk ins spirals higher for Middle East oil tankers
Singapore: Oil tanker owners face spiralling insurance costs to load cargoes from the world’s…
Chinese non-life
insurers to seek
capital on slower
surplus growth: Fitch
BEIJING: Chinese non-life insurers, especially those with small scale operations, volatile underwriting…
Dubai’s economy
picks up speed,
promises
stronger Q2 ’19
Dubai: Signalling growing investor confidence in Dubai, new business licenses issued in the emirate…
Gold busts
above $1,350
as Iran tension
London: Gold futures climbed above $1,350 an ounce to reach a 14-month high as rising geopolitical tensions…
‘Walkar’ footwear
opens outlet
in Tangail
Walkar, footwear brand of RFL Group, opened its 50th outlet in Tangail recently. Numerous stylish shoes…
Stocks see fall trading
Stocks on Sunday closed the session of the week with downward trend due mainly to price fall in large-cap…
Jamuna Bank approves 20pc cash dividend
The 18th annual general meeting of Jamuna Bank Limited was held on Sunday at the Police Convention Centre…
Mortgage rates remain steady in US housing market
WASHINGTON: Mortgage rates remained flat in the United States last week, the Federal Home Loan Mortgage…
China’s excavator sales falling in May
BEIJING: Sales for China's major excavator producers declined in May, the first drop in 34 months,…
Chinese self-driving
co ready for road test
GUANGZHOU: Chinese AI-powered mobility company WeRide is ready for its intelligent connected vehicle…
Mercantile Bank
to celebrate
20th anniv today
Mercantile Bank Limited organised a press conference on the occasion of its 20th founding anniversary…
BDBL holds training course
Bangladesh Develop-ment Bank Limited (BDBL) organised a training course on ‘Commercial and General…
BASIC Bank signs deal with
Square Hospital
An agreement has been signed between BASIC Bank Limited and Square Hospitals Limited in the capital…
Taka up against pound, euro
The local currency Taka became stronger against the UK pound and the Euro, and it remained unchanged…
Commodity at a glance
Prices of most essential commodities remained steady in the city’s kitchen markets on Sunday.…
Corporate Corner
Skyscrapers and modern office buildings are pictured on the horizon beyond older buildings in the City…