Business

Prime Bank PLC. and Friendship have launched a landmark climate resilience initiative aimed at protecting Bangladesh’s most vulnerable char communities. Under Prime Bank’s Corporate Social Responsibility (CSR) program, the two organizations signed a Memorandum of Understanding (MoU) to implement “Safe Shores: Empowering Char Communities against Climate Change,” strengthening disaster preparedness and long-term resilience in climate-affected riverine areas. The project aims ...

A total of 54 flights from Dhaka to various Middle Eastern destinations were cancelled from Saturday afternoon until Sunday (1 March) morning due to security concerns following the US-Israeli strikes on Iran and the subsequent closure of regional airspace. Executive Director of Hazrat Shahjalal International Airport (HSIA) Group Captain SM Ragib Samad confirmed the development in a statement issued on ...

Flights of US-Bangla Airlines to Riyadh and Jeddah, the capitals of Saudi Arabia, and Muscat, the capital of Oman, will be operated as per the scheduled time from today (1 March). “Passengers are requested to arrive at the airport four hours before the scheduled flight time. They are also requested to collect their boarding pass from the check-in counter of ...

Gold prices in the country have increased sharply, with the price of 22-carat gold rising by Tk4,374 per bhori. With the latest hike, the price of 22-carat gold now stands at Tk2,65,414 per bhori (11.664 grams), according to a notification issued by the Bangladesh Jewellers Association (BAJUS) on Saturday morning. The new prices came into effect from 10:00am on Saturday. ...

OpenAI announced Friday a massive $110 billion funding round valuing the ChatGPT maker at $730 billion, with SoftBank, Nvidia and Amazon each making multi-billion-dollar commitments as the artificial intelligence company races to meet surging global demand. The investment round — one of the largest in Silicon Valley history — includes $30 billion from Japanese conglomerate SoftBank, $30 billion from chip ...

The country’s annual per capita income rose 1% to US$2,769 in the 2024–25 fiscal year, according to final data released by the Bangladesh Bureau of Statistics (BBS) on Thursday. In local currency, per capita income stood at Tk334,511 in FY25, up from Tk304,102 in the previous fiscal year. In FY24, per capita income was $2,738. The BBS also said the ...

Newly appointed Governor of Bangladesh Bank (BB) Mostaqur Rahman signalled a work-first approach as he assumed office as the country’s 14th governor on Thursday, saying he intends to prove his competence through actions rather than statements. Arriving at the central bank headquarters, Rahman was received by deputy governors and senior officials. Speaking briefly to reporters while entering the building, he ...

On the third day of Ramadan, Sadia realised she had underestimated how quickly household essentials run out during the holy month. The cooking oil she bought just before Ramadan was already halfway finished. The dishwashing liquid needed replacing sooner than expected. Extra guests at iftar meant more cleaning, more laundry, more groceries, and more frequent restocking. Like many urban households, ...

The BNP has formed the government after securing a majority in the recent National Parliament elections. However, even before assuming office, weaknesses in the country’s economy were evident. There has been a slowdown in trade and commerce, a decline in investment and instability in the banking sector. Unchecked high interest rates have further worsened the situation. Confidence in the capital ...

A Memorandum of Understanding (MoU) signing ceremony between Unimass Holdings Ltd. and the Department of Real Estate of Daffodil International University (DIU) was successfully held recently at the International Conference Room in the campus. The event marked a significant step toward bridging academic learning with real-world industry practices in Bangladesh’s real estate sector. The ceremony welcomed distinguished representatives from Unimass ...