Business

Asian stocks posted modest gains on Tuesday, buoyed by optimism surrounding ongoing US-China trade negotiations, which entered a second day in London. Hopes that the talks will defuse tensions between the world’s two largest economies lifted investor sentiment, building on Monday’s rally and mirroring a largely positive session on Wall Street. US President Donald Trump’s top economic adviser, Kevin Hassett, ...

Apple faces mounting pressure to show it hasn’t lost its innovation edge as it prepares to kick off its annual Worldwide Developers Conference (WWDC) on Monday in Silicon Valley. The tech giant is expected to unveil updates to its devices and operating systems, but all eyes are on whether it can recover from recent delays and missteps in the fast-moving ...

Determined to avoid baggage fees for his holiday to Pisa, Benjamin Till trawled several different shops armed with a tape measure in search of the right suitcase. Eventually, he found a case within the dimensions EasyJet allows for a free underseat bag – or so he thought. When Mr Till arrived at London Gatwick Airport in December 2023, he discovered ...

On the eve of Eid-ul-Azha, the Bangladesh Jewellers’ Association (BAJUS) announced on Thursday that the price of gold has been raised by up to Tk 2,415 per bhori (11.664 grams), effective from Friday (June 6). Following the latest revision, the price of 22-carat gold—the highest quality available in the local market—now stands at Tk 1,72,336 per bhori. This marks a ...

The Padma Bridge witnessed a record-breaking toll collection of Tk 5.43 crore on Thursday, as 52,487 vehicles crossed the bridge within 24 hours; the highest daily traffic since its inauguration. This milestone surpassed the previous record set on June 26, 2022; the day of the bridge’s opening, when 51,316 vehicles used the bridge. The earlier highest toll collection was Tk ...

The Jamuna Bridge authorities have collected Tk 3.60 crore in tolls over a 24-hour period ending at midnight on Wednesday, as tens of thousands of vehicles crossed the bridge ahead of Eid-ul-Azha. According to official sources, a total of 51,849 vehicles used the bridge during this time, generating Tk 35,983,000 in toll revenue. Ahsanul Kabir Pavel, site engineer of the ...

Despite the Bangladesh Bank’s recent release of redesigned Tk20, Tk50, and Tk1,000 notes ahead of Eid, scheduled banks are struggling to supply them to the public. Meanwhile, the new currency is readily available on the open market at significantly inflated prices. During visits to busy commercial areas like Motijheel and Gulistan, traders were seen openly selling the new notes on ...

All CNG and refueling stations across the country will remain open round the clock for 13 days during Eid-ul-Azha to facilitate smooth travel for holidaymakers. The 13-day period includes seven days before Eid, the Eid day itself and five days after the festival, according to a press release issued by the Ministry of Power, Energy and Mineral Resources. The decision ...

Authorities have decided to stop metro rail service on Eid day (June 7). An official notice, issued by Dhaka Mass Transit Company Limited (DMTCL) director AKM Kahyrul Amin, confirmed the matter on Wednesday (June 4). The train services will remain available from 8:30AM on June 8. The announcement comes as many city dwellers prepare for the festive holiday, with thousands ...

Bangladesh Bank (BB) Governor Dr. Ahsan H. Mansur has expressed optimism that the country’s inflation rate will decline to 7% by September this year. Speaking at a post-budget press conference held Tuesday at Osmani Memorial Auditorium in Dhaka, the newly appointed governor said inflationary pressures are easing, and if the trend continues, interest rates may also be reduced. “One of ...