Business

Four Bangladeshi businesses have participated in the Mandalay International Trade Fair and Investment Forum 2023 in Myanmar. The event was organised by the Mandalay Regional Chamber of Commerce and Industry (MRCCI) in collaboration with the Union Ministry of Commerce and Union Ministry of Investment and Foreign Economic Relations of Myanmar, according to a press release. The programme was held in ...

A target to produce 12.96 lakh tonnes of vegetables from 87,763 hectares of land has been set in the region including its vast Barind tract during the current winter season, officials said. Shamsul Wadud, additional director of Department of Agricultural Extension (DAE), said the target has been set to produce various kinds of winter vegetables in all eight districts under ...

The ‘Dhaka International Trade Fair (DITF)-2024’ will begin at ‘Bangabandhu Bangladesh-China Friendship Exhibition Centre’ in Purbachal area of the capital from 3rd week of January due to the national election. A senior official of the Commerce Ministry informed that the trade fair will begin within January 15 to 20 instead of January 1 as the 12th parliamentary election slated for ...

Prominent industrialist City Group and Somoy TV Chairman Fazlur Rahman passed away at a hospital in the capital early Monday. He breathed his last at the United Hospital around 4am, said the family members, adding that, he had been suffering from respiratory problem for a long time. Fazlur Rahman worked at his office till Sunday evening. Suddenly at night, he ...

The price of gold has increased to a record high of Tk 1,11,041 per bhori (11.664 grams) on the local market. The price broke all previous records after the Bangladesh Jeweller’s Association (Bajus) decided to raise the price of gold to Tk 1,750 per bhori. Bajus issued a press release in this regard on Saturday and said the new rate ...

The UK is at risk of recession after revised figures showed the economy shrank between July and September. Gross domestic product, which measures the health of the economy, contracted by 0.1% after previous estimates suggested growth has been flat. Meanwhile, there was zero growth between April and June, after it was first calculated to have risen by 0.2%. A recession ...

LONDON, Dec 22 : Britain’s economy unexpectedly shrank in the third quarter, official data showed Friday, raising fears of a potential recession before an election due next year. Gross domestic product contracted 0.1 percent between July and September, down from a prior estimate of zero growth, the Office for National Statistics said in a statement. Activity was adversely impacted by ...

Tesla officially launched a massive battery factory project in Shanghai on Friday, the US electric car maker’s second plant in the Chinese city, state media reported. The project was announced in April after Tesla chief Elon Musk presented a vague but ambitious plan to investors to turbocharge growth. Company representatives signed an agreement to acquire land for the factory on ...

Government borrowing fell in November but was still higher than expected, the latest official figures show. Borrowing – the difference between spending and tax income – was £14.3bn last month, above forecasts of £13bn. The figure was £900m less than a year earlier, but was the fourth highest total for November since monthly records began in 1993. Spending rose as ...

Eurostar has urged customers not to travel on Thursday after it was forced to cancel trains when strike action hit the cross-Channel route. The firm said it had to halt services at midday until 15:30 due to a “last-minute strike” at Eurotunnel. The disruption emerged as many people start travelling for the Christmas holidays over the next few days. Eurotunnel ...