Pressure mounts as currency outflow intensifies
The Daily Star » Business
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4d ago
The deficit in the financial account stood at $9.25 billion in July-March of the current fiscal year, Bangladesh Bank data showed. It was $2.92 billion in the first nine months of the previous fiscal year and $8.46 billion in July-February of 2023-24 ..read more
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US to raise tariffs on $18 billion of China imports including chips
The Daily Star » Business
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4d ago
The United States is hiking tariffs on $18 billion worth of imports from China, targeting strategic sectors like electric vehicles, batteries, steel and critical minerals, the White House said Tuesday ..read more
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Green Delta logs Tk 8 crore profit in Q1  
The Daily Star » Business
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4d ago
Green Delta Insurance Ltd reported a profit of Tk 8 crore in the first quarter of 2024, an increase of 8 percent year-on-year ..read more
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Bank Asia’s first-quarter profit down 41% due to higher provisions  
The Daily Star » Business
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4d ago
Bank Asia PLC’s profit plunged 41 percent year-on-year to Tk 77.88 crore in the first quarter of 2024 ..read more
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April food prices cross 10%, highest in five months
The Daily Star » Business
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4d ago
According to the Bangladesh Bureau of Statistics (BBS), food inflation jumped 35 basis points to 10.22 percent last month from 9.87 percent in March. This was the first time in five months that food inflation hit double digits ..read more
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Uber to buy Foodpanda Taiwan
The Daily Star » Business
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4d ago
The US giant aims to complete the all-cash acquisition of Foodpanda Taiwan by the first half of 2025, it said in a statement ..read more
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Steel prices set to rise in Bangladesh: analysts
The Daily Star » Business
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4d ago
The US dollar rate hikes will fuel steel raw material cost, they said at Bangladesh International Trade Summit ..read more
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BRAC Bank to get $50 million loan from British International Investment
The Daily Star » Business
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4d ago
The bank will support 3,500 MSMEs and women-led businesses in Bangladesh ..read more
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Handover of 500 acres of land for Bay Terminal at final stage
The Daily Star » Business
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2w ago
In three separate letters, the Chattogram district administration yesterday instructed the Chittagong Port Authority (CPA) to deposit the land lease charges with the Bangladesh Bank and send copies of the respective receipts to its office ..read more
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GPH Ispat makes Tk 64 crore profit in Q3
The Daily Star » Business
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2w ago
GPH Ispat Ltd registered a profit of Tk 64.31 crore between July and March of the current financial year on the back of the relative stability in the exchange rate as it helped reduce expenses for raw materials imports ..read more
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