Business

Hundreds of thousands of homeowners have taken out mortgages in the last three years that they will still be paying off into retirement, estimates suggest. A surge in mortgage terms beyond state pension age has been seen, particularly in new home loans made to the under-30s. Figures from the Bank of England show how the share of new mortgages with ...

Price of most rice varieties found declining sharply in the city markets for the last two weeks while lowering of staple food price likely to be continued till further period. The price of medium and coarse variety rice has been declined and the situation would continue for at least next two months due to current Boro harvest which likely to ...

Stefan Liller, Resident Representative, United Nations Development Programme (UNDP) Bangladesh, visited Beximco Industrial Park on Thursday last. The UNDP Chief was highly impressed with the advanced technologies deployed by BEXIMCO in its Vertical Manufacturing Units and extensive measures taken to achieve a global leadership position in Sustainability, says a press release. He was also very pleased to be updated on ...

With three days left to begin of the Bangla month of Jyestha, commonly known as “Modhumash”, the juicy fruit litchi and mango have started appearing in the local markets including Khulna city and its adjacent areas. The fruit shops of Khulna are now brimming with delicious summer fruits. The price of litchis and mangoes are within the grasp of customers ...

The Bank of England boss has said it needs to “see more evidence” that price rises have slowed further before cutting interest rates. Andrew Bailey said he was “optimistic that things are moving in the right direction” as rates were held at 5.25%. He said the Bank expected inflation, which measures the rate prices rise at, would fall “close” to ...

India received over US$111 billion in remittances in 2022, setting a world record for getting the largest remittances ever recorded, becoming the first country to surpass the USD 100 billion mark, the United Nations migration agency has said, reports PTI. The International Organisation for Migration (IOM), in its World Migration Report 2024 launched Tuesday, said that in 2022, India, Mexico, ...

Air India Express has sacked at least 30 employees, mostly cabin crew, over mass sick leave amid flight cancellations, officials said Thursday, reports Xinhua. The terminations came a day after nearly 300 employees of the private airline called in sick and switched off their phones, leading to large-scale flight disruptions. The termination letter issued to the employees says that the ...

A three-day ‘29th US Trade Show 2014’ will begin at a hotel in Dhaka on Thursday to promote trade relations between Bangladesh and the United States. The American Chamber of Commerce in Bangladesh (AmCham) and the United States Embassy, Dhaka are cosponsoring the event. Prime Minister’s Private Industry and Investment Adviser Salman Fazlur Rahman will inaugurate the event as the ...

On the occasion of the first phase of the sixth upazila parishad elections, the import-export activities between India and Bangladesh through Hili land port in Dinajpur district are closed on Wednesday. However, it is normal for passport holders to pass through Hili immigration check post. Mostafizur Rahman, General Secretary of Hili Land Port Import-Export Group, confirmed it in the morning. ...

The 29th US Trade Show will begin in Dhaka on May 9 (Thursday) to showcase American products and services in Bangladesh and give a boost to the bilateral trade. The three-day show will exhibit over 100 US products represented by 44 exhibitors from home and abroad, said Syed Ershad Ahmed, president of the American Chamber of Commerce in Bangladesh (AmCham). ...