Home / Business

Business

Asian shares rise on optimism about US-China trade deal

Photo : This Aug. 23, 2019, file photo shows the New York Stock Exchange in New York. Global stock markets are subdued as investors look ahead to the signing of an interim U.S.-China trade deal. Asian shares followed Wall Street higher on Tuesday amid optimism that a trade deal between the U.S. and China will be a boon for the ...

Read More »

Electricity production at Payra power plant begins

Payra coal-fired power plant. Photo: Collected Electricity production at the coal-fired Payra thermal power plant started in Patuakhali’s Kalapara upazila on Monday. The ministry of Power, Energy and Mineral Resources informed that the power generated from the plant is added (synchronising) to the national grid around 12:00 pm this noon. Initially, the power plant is generating 10 MW power and ...

Read More »

Bangladesh to take part in ‘Ambiente Fair 2020’

Thirty-four exhibitors from Bangladesh are going to take part in the world’s largest consumer goods fair – the Ambiente Fair 2020 – in Germany. Of the participants, Paragon Ceramic, Shinepukur, Peoples Ceramic, Monno Ceramic, FARR Ceramics, San Trade, and RFL Plastics will have their private stands. Prokritee, Saidpur Enterprises, Artisan house, Asix BD, and Aranya Crafts will participate under the ...

Read More »

‘Bullitt’ Mustang sells for $3.74 million at Florida auction

Photo : People surround the original 1968 “Bullitt” Mustang GT Friday, Jan. 10, 2020 in Kissimmee, Fla. The Highland Green 1968 Ford Mustang GT featured in the film “Bullitt” was sold Friday at a Florida auction house for $3.74 million. The sale at Mecum Kissimmee marks the most expensive Mustang ever sold, surpassing a 1967 Shelby GT500 Super Snake that ...

Read More »

Wine sellers call for a rethink of US tariffs

A century ago new restrictions on selling alcohol left America’s wine merchants reeling. Now, US President Donald Trump’s decision to raise taxes on European wine imports to 100% presents a similar threat, the industry says.Wine sellers are warning that their businesses will not survive if the tariffs go ahead. They want Washington to drop the proposal, which is in retaliation ...

Read More »

World Bank warns on global growth

Global economic growth is likely to be only slightly faster this year than the weak performance seen in 2019, according to a World Bank forecast. The world economy is likely to expand by 2.5% in 2020, up from 2.4% last year, the Bank’s economists predict. That reflects an expected recovery in some emerging and developing countries that had a difficult ...

Read More »

Gold, oil prices retreat, shares rebound in Asian trading

Photo : Global stock markets are falling while oil and gold prices are rising as tensions escalate between the U.S. and Iran. Markets have been roiled since Friday after the U.S. killed Iran’s top general. Shares advanced in Asia Tuesday following modest gains on Wall Street despite caution over rising tensions between the U.S. and Iran. U.S. officials were bracing ...

Read More »

Biman Bangladesh Airlines launches Manchester services as new partnerships with Bangladeshi cities are announced

Biman Bangladesh Airlines will operate from Manchester Airport to Dhaka and Sylhet three times per week. Service will cater for more than 70,000 people of Bangladeshi origin in the North. New link is announced between Manchester and the two Bangladeshi cities, with delegations to travel in each direction.  Partnership will promote commercial ties and knowledge sharing. Route welcomed by civic ...

Read More »

Fears over US-Iran clash shake Mideast markets

Photo: A woman crosses a street in front of a billboard showing a portrait of Iranian Revolutionary Guard Gen. Qassem Soleimani, who was killed in a U.S. airstrike early Friday in Iraq, in Tehran, Iran, Sunday, Jan. 5, 2020. Major stock markets in the Middle East are trading down on fears of a conflict between Iran and the U.S. after ...

Read More »

BRITISH BANGLADESHI CONSULTANCY WINS BEST BUSINESS AWARD

Kazient Privacy Experts has been named the Best Small to Medium-sized Business of 2019 at the Best Business Awards (BBAs). Hailed as one of the UK’s highest profile awards, the BBAs has recognised Kazient’s pragmatic and innovative approach to GDPR compliance solutions. In a world where the use of data is more abundant, far-reaching and instantaneous, the value of privacy ...

Read More »