Business

Britain’s departure from the European Union has cost taxpayers more than 4 billion ($5.2 billion, 4.6 billion euros) in extra government costs, the National Audit Office said on Friday. The government spending watchdog said departments will have spent at least 4.4 billion between the June 2016 referendum on EU membership and March 31 this year.A total of 6.3 billion had ...

Photo : A motorcyclist rides past the Bank Negara Malaysia in Kuala Lumpur, Malaysia. Malaysia’s central bank reduced its key overnight policy rate by 0.25 percentage points to 2.5% on Tuesday, citing worsening economic conditions from the virus outbreak in a growing number of countries. The Bank Negara Malaysia said it expects economic growth to be stunted in this quarter ...

Emirates planes are parked at the Dubai International Airport in Dubai, United Arab Emirates. Major disruptions due to the new coronavirus have already caused the equivalent of a roughly $100 million loss to airline carriers in the Middle East region.  File Photo Major travel disruptions due to the new coronavirus have already caused the equivalent of a roughly $100 million ...

Easy Build has introduced full-fledged services on clients’ demand and likings to build a house with all architectural, structural, plumbing and electrical drawings facilities. Rahat Zahan Shamim, chief operating officer, Easy Build, said everyone has a dream to have his/her own house. Perhaps some people have their own lands to build house. But many don’t dare to start construction activities ...

Italy was the first European country to report a major surge in cases of the coronavirus, with numbers quickly climbing into the hundreds. The authorities have responded with travel restrictions in the north of the country that are bound to hit the economy. So far, a number of towns in Lombardy in northern Italy have been locked down, with very ...

Photo : A trader works at New York Stock Exchange in New York, the United States. U.S. stocks closed mixed on Friday after a volatile trading session, as investors continued to flee riskier assets. The Dow Jones Industrial Average was down 357.28 points, or 1.39 percent, to 25,409.36. The S&P 500 fell 24.54 points, or 0.82 percent, to 2,954.22. The ...

Stock markets fall in Asia on Friday, after losses in the US and Europe on Thursday. First case reported in sub-Saharan Africa – in Lagos state, Nigeria, reports BBC. New Zealand confirmed its first case – someone recently returned from Iran.Belarus, the Netherlands, and Lithuania also confirmed first cases. South Korea confirmed 256 new cases, bringing the total above 2,000. ...

Biman Bangladesh Airlines will refund to its passengers who, purchased tickets for traveling to Saudi Arabia for performing Umrah or tourism purposes, as the Saudi government has imposed a temporary ban on Umrah pilgrims and tourists to stop the spread of coronavirus in the Kingdom. If the passengers want to travel to Saudi Arabia after withdrawal of the ban, they ...

Finance Minister AHM Mustafa Kamal, State Minister for Power, Energy and Mineral Resources Nasrul Hamid, Bashundhara Group Chairman Ahmed Akbar Sobhan, Co-chairman Sadat Sobhan Tanvir, Vice-chairman Shafiat Sobhan Sanvir, Managing Director Sayem Sobhan Anvir and Walid Sobhan pose for a photograph during the launching ceremony of Bashundhara Bitumen Plant at Keraniganj on Saturday. Bashundhara Group, the country’s leading business conglomerate, ...

Bashundhara Group launched pitch bitumen plant for road carpeting in its business point at Pangaon area in the upazila on Saturday. Finance Minister AHM Mustafa Kamal inaugurated the plant as the chief guest. He said Bashundhara Group has produced pitch for road carpeting for the first time in the country. From now on, Bangladesh has no need to import pitch ...