Prices of essential food items continue to climb in Dhaka, with vegetables and broiler chicken hitting record highs, while rice remains expensive and eggs show slight relief. Broiler chicken is now selling at Tk 180-200 per kg, up from Tk 170-180 last week. A dozen eggs have dropped slightly to around Tk 140 due to increased supply. Most vegetables, except ...
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Contactless card payments could become unlimited
Contactless card payments are set to exceed £100 and potentially become unlimited under new proposals to allow banks and other providers to set limits. The proposals from the Financial Conduct Authority (FCA) mean entering a four-digit PIN to make a card payment could become even more of a rarity for shoppers. If approved, purchases which can cost more than £100 ...
Read More »Slim iPhone Air could be a design win for Apple: analysts
Apple CEO Tim Cook seemed to be channelling predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the company’s slimmest handset yet and the biggest change in eight years to a lineup fans and analysts saw as stagnating. Cook kicked off the company’s annual product launch event at its Cupertino, California, headquarters with a Jobs ...
Read More »Trade war an opportunity for Bangladesh: Economists
Prominent economist and Chairman of Policy Exchange Bangladesh Masrur Riaz on Monday said the ongoing global trade war has created new opportunities for Bangladesh as American imports are shifting away from China. “Amid this situation, Bangladesh, as a non-aligned or openly non-political country, can become a promising destination,” he said. Masrur was addressing a seminar titled ‘Bangladesh’s Actions in the ...
Read More »‘Tariffs are costing my business $100,000 a month’
In a corner of a cavernous 1890s factory in southern Massachusetts, 15 people are bent over sewing machines, churning out specialty, hospital-grade neonatal gear. They are all that remain of what was once a much bigger manufacturing operation, most of which the Teixeira family shut down in 1990, reinventing their business as a largely warehousing and distribution business. Since US ...
Read More »Royal Enfield hosts first “Ride Out 2025” with BikeBD
Royal Enfield, the iconic motorcycle brand, hosted its first-ever “Ride Out 2025” event in Bangladesh, bringing together nearly 140 riders from across the country in a celebration of motorcycles, community and safe riding. The event was held in collaboration with BikeBD, the country’s leading motorcycle platform founded by Suvro Sen. The ride began at Royal Enfield’s flagship showroom in Tejgaon, ...
Read More »Tough negotiations and uncertainty ahead of OPEC+ meeting
Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude output in their meeting on Sunday, with analysts saying a production boost was also being considered. The meeting by the group of eight oil-producing countries known as the “Voluntary Eight” (V8) comes as oil prices extended losses in anticipation of ...
Read More »Trump signs order to lower tariffs on Japanese autos under new US-Japan trade deal
U.S. President Donald Trump signed an executive order on Thursday lowering tariffs on Japanese automobiles and other goods, moving forward with the implementation of a recently negotiated trade agreement between Washington and Tokyo. Under the new order, Japanese vehicles will now face a reduced 15% tariff — down from the previous 27.5%. The cap will also apply to many other ...
Read More »Asian markets rise as US jobs data fuels rate cut hopes; gold hits record, oil slips
Asian stock markets mostly edged higher on Thursday morning, tracking overnight gains on Wall Street after weaker-than-expected US jobs data raised hopes of an interest rate cut by the Federal Reserve. Tokyo, Seoul, Sydney, and Taipei posted gains during early trading hours, while Shanghai fell 0.9% and Hong Kong slipped 0.2%. The Shanghai drop was led by a sharp fall ...
Read More »30,000 homes fitted with botched insulation under government schemes, ministers admit
More than 30,000 UK homes have had botched insulation fitted under government schemes putting them at risk of damp and mould, ministers have revealed. It is the first time the government has documented the number of homes blighted by sub-standard work under ECO4 and the Great British Insulation Scheme since 2022. Energy Consumer Minister Miatta Fahnbulleh told parliament it amounted ...
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