Business

Strong winds are continuing to cause some travel disruption in parts of the UK as millions of people travel ahead of Christmas. Heathrow said around 100 flights had been cancelled on Sunday and passengers are advised to check with their airline before travelling. The weather has also led to the cancellation of some ferry services, road closures to high-sided vehicles ...

Albanian Prime Minister Edi Rama said Saturday the government would shut down social network TikTok for at least a year from 2025. “We are going to chase this thug out of our neighbourhood for one year”, Rama told a meeting with Albanian teachers, parents and psychologists in Tirana. The government would launch programmes to “serve the education of students and ...

The transformation of the garment industry in Bangladesh is an important occasion. FM and JACK launched the new sewing machine Urus C7 and AMH to achieve that goal. The event was organised at a hotel in Chittagong. The machine is capable of “small order, quick response and demand-based production”. The whole event was organised by FM Bangladesh and JACK to ...

The World Bank’s Board of Executive Directors has approved three operations totaling US$1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development. “Bangladesh is among the most vulnerable countries to climate change and faces the greatest pollution challenges. Improving climate resilience in every sector and tackling the pollution scourge has become ...

A five-day REHAB Fair-2024 will begin at Bangabandhu International Conference Center (BICC) in Agargaon in Dhaka on December 23 and will continue until December 27. Md Wahiduzzaman, president of the Real Estate and Housing Association of Bangladesh (REHAB), revealed the information at a press conference held at the CIRDAP auditorium in Dhaka on Thursday. He said Civil Aviation and Tourism ...

Bangladesh’s interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters. In 2017, the Indian company controlled by billionaire Gautam Adani signed an agreement with Bangladesh to provide power from its coal-fired plant in eastern ...

The UK inflation rate has gone up for the second month in a row, with prices rising at their fastest pace since March. Inflation hit 2.6% in the year to November, according to official figures. Fuel and clothing were among the main drivers behind the rise. Increasing ticket prices for gigs and plays were also a factor. Analysts say the ...

Bangladesh’s people got the opportunity to use mobile phones for the first time through Citycell. By providing the country’s people with the first mobile phone service, Citycell ushered in a new technological era. Now, Citycell wants to resume operations with modern technology. It has already applied for license. PBTL applied to the Bangladesh Telecommunication Regulatory Commission (BTRC) in August to ...

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur said the current account, a key component of the country’s balance of payments, is maintaining a virtual balance after four months of the new government led by Nobel Laureate Professor Dr Muhammad Yunus. “There was a deficiency in the balance of payments, our reserve was falling, and our currency was depreciating rapidly. ...

Pay growth has picked up for the first time in more than a year, the latest official figures show. Regular pay grew at a faster-than-expected annual pace of 5.2% between August and October, the Office for National Statistics (ONS) said, with wages continuing to grow faster than prices. Analysts say the latest figures mean the Bank of England will almost ...