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LankaBangla Finance, a leading non-bank financial institution, received approval from the Bangladesh Securities and Exchange Commission (BSEC) to issue a unique Tk 2 billion bond
LankaBangla Finance, a leading non-bank financial institution, received approval from the Bangladesh Securities and Exchange Commission (BSEC) to issue a unique Tk 2 billion bond.
Dutch-Bangla Bank, a leading Bangladeshi lender, is gearing up to raise Tk 12 billion in fresh capital through a private bond sale.
The International Air Transport Association (IATA) announced on the 6th of December that the airline industry is anticipating a record-breaking 4.7 billion passengers to travel in 2024, marking a significant rebound from the impact of the Covid-19 pandemic.
The International Air Transport Association (IATA) announced on the 6th of December that the industry is expecting 4.7B passengers in 2024.
At the present time of writing, there is a substantial argumentative basis to the claim that the most powerful man on the face of this Earth is not the President of the United States of America, President Joe Biden, but the Chair of the Federal Reserve, Jerome Powell.
FED Rate Hikes: Economic Ramifications on Bangladesh
Infosys announces termination of its record-breaking $1.5 billion AI contract with undisclosed global client, raising speculation over reasons behind the unprecedented move.
The tech giant remains tight-lipped about specifics, leaving industry observers curious about the implications and future directions in the AI landscape.
Chittagong Port continues its prestigious 'Three Million Club' membership for 2023, boasting a remarkable container throughput of 3.1 million TEUs.
Toshiba, a stalwart on the Tokyo stock market for 74 years, faced delisting on Wednesday. This follows years of turmoil and controversies that tarnished one of Japan’s iconic brands. The turmoil led to a takeover, pushing the company into an uncertain future.
Toshiba, a stalwart on the Tokyo stock market for 74 years, faced delisting on Wednesday. The turmoil led to a takeover.
Globalization has given more advantages to developed and richer countries and created inequality. In developing and undeveloped countries with old or traditional industries, many lost their jobs and earning sources as they had fewer opportunities for education, training, and skills. On the contrary, powerful and rich countries started to exert a great influence on the policies and politics of these countries due to globalization
As this economic cycle is ending, the trade and economic pattern of the past decade may not be repeated. The new world order is protectionist.
In 2023, Deputy Prime Minister Alexander Novak revealed that half of Russia's oil exports went to China, with India's share rising to 40% over two years.
Novak emphasized China as the primary partner, constituting 45-50% of exports, highlighting India's significant role in Russia's energy sector.
Intel's $25B chip plant gets Israel's $3.2B backing. Amidst conflict, tech giant's mega-investment signals faith in nation's future.
The COP28 Presidency unveiled a draft of a historic climate agreement urging nations to shift away from fossil fuels for the first time.
Pacific Denimwear, part of Pacific Jeans Group, earmarks $54.5 million for a new factory in Adamjee EPZ. BEPZA announced this as the conglomerate's ninth EPZ venture.
Bangladesh secures a $540 million loan from Japan for the Hazrat Shahjalal International Airport's third terminal, focusing on a cargo facility and related amenities.
With an interest rate of 1.30% and a 20-year repayment tenure after a 10-year grace period, the deal signals between the two nations.
The demand for comforters and blankets in Bangladesh is soaring due to increased affordability and rising purchasing power.
In e-commerce, customers call the shots. They can compare prices across multiple stores and choose to vote with their wallets. Hence, excellent customer service is no longer an option but a necessity. Modern shoppers value customer experience far more than price. They remember the interaction and the product experience much longer than the price. In fact, 51% of customers will never do business with a company again after only one negative experience, according to survey results.
Streamlining e-commerce sales and support in Bangladesh: The MyAlice way
India is harnessing the power of artificial intelligence (AI) to tackle its increasingly deadly weather patterns.
Bangladesh’s banking sector stands riddled with corruption, with a staggering 922.61 billion taka looted through major loan scams since 2008.
Bangladesh's banking sector stands riddled with corruption, with a staggering 92,261 crore taka looted through major loan scams since 2008.
Bangladesh’s paper industry is thriving, with exports of paper and paper products hitting a five-year high in the July-November period.
Bangladesh's paper industry is thriving, with exports of paper and paper products hitting a five-year high in the July-November period.
May this day bring us joy!
Wishing everyone a happy merry Christmas
Bangladesh and Japan mark a milestone in aviation collaboration with a monumental 76,635 million yen Official Development Agreement (ODA) yen loan.
The agreement paves the way for Dhaka's Hazrat Shahjalal International Airport expansion, encompassing a new international passenger terminal, cargo facility, and vital infrastructure enhancements.
A garment factory in Gazipur, Bangladesh, named SM Sourcing, has achieved the highest rating of 106 out of 110 from an international green building certification agency.
Small and medium-sized firms are essential cogs in the economic wheel globally because they drive innovation and provide employment opportunities.
Corporate support for SMEs necessary for a healthy business ecosystem
The Chinese Ambassador to Dhaka, Yao Wen, highlighted the prospects of increased bilateral trade and economic collaboration between Bangladesh and China following the forthcoming general election scheduled for January 7.
The Chinese Ambassador to Dhaka, Yao Wen, highlighted the prospects of increased bilateral trade and economic collaboration between Bangladesh and China
The Large Taxpayers Unit (LTU) of the income tax department revealed that the collection of approximately Tk 190 billion in direct taxes is held up in higher courts due to disputes from major corporations, individuals, and tax authorities.
Bangladesh Bank witnessed a significant surge in foreign currency reserves, soaring by $1.51 billion within just seven days.
GSP Finance has reported losses for the fourth consecutive quarter. Between July and September of this year, their earnings per share (EPS) hit Tk 2.75 in the negative, a sharp decline from Tk 0.18 in the same period last year.
GSP Finance has reported losses for the fourth consecutive quarter. Between July and September of this year, their earnings per share (EPS) hit Tk 2.75
UK is expecting interest rates to fall sharply next year following news of a much bigger than expected fall in the UK’s annual inflation rate to 3.9% in November.
The United Kingdom (UK) anticipates a substantial drop in interest rates next year as the annual inflation rate plummeted unexpectedly to 3.9% in November.
The World Bank announced on Wednesday its disbursement of $250 million to support Sri Lanka’s economic reforms, aiding the country amid its financial crisis.
The World Bank announced on Wednesday its disbursement of $250 million to support Sri Lanka's economic reforms, aiding the country amid its financial crisis.
Facing sanctions fallout, Russia funnels $12B to prop up aviation amid parts supply crisis.
Tasked with self-reliance, the nation strives to bolster domestic production while resorting to foreign lessors to maintain its air fleet and evade further seizures.
India, known as the world’s second-largest sugar producer, has been a significant exporter for the last six years.
India, known as the world's second-largest sugar producer, has been a significant exporter for the last six years.
The Asian Development Bank (ADB) has revised Bangladesh’s economic growth projection for the current fiscal year ending in June 2024. Initially, the ADB anticipated a 6.5% GDP growth but now expects it to be 6.2%.
The Asian Development Bank (ADB) has revised Bangladesh's economic growth projection for the current fiscal year ending in June 2024.
New study by IEEFA reveals potential annual savings of $476 million to $1 billion for Bangladesh with 2,000MW rooftop solar.
Slow growth attributed to low awareness, confidence, import duties, and fiscal constraints hindering the sector's expansion despite evident economic advantages.
The World Bank’s report predicts a surge in remittances to Bangladesh, expected to hit $23 billion in 2023.
The World Bank's report predicts a surge in remittances to Bangladesh, expected to hit $23 billion in 2023.
The two-day summit between shipping secretaries from Bangladesh and India commenced today at the Intercontinental Hotel in Dhaka.
Two major shipping companies, Maersk and Hapag-Lloyd, have announced the suspension of passage through a crucial Red Sea strait for global commerce following recent attacks by Yemeni rebels.
As markets continue a robust rally, attention is drawn to a potential catalyst, nearly $6 trillion in idle cash. Recent surges in yields attracted funds to short-term safe havens while awaiting the Federal Reserve’s strategy against soaring inflation in the US market.
As markets continue a robust rally, attention is drawn to a potential catalyst: nearly $6 trillion in idle cash.
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