Business

China Eastern Airlines has planned to operate flights from Bangladesh’s port city of Chattogram to Kunming to help people from the country’s east to take treatment in hospitals in the southern Chinese city, officials said Saturday. China has dedicated four Kunming hospitals for the treatment of patients from Bangladesh, but the high air ticket cost is seen as a major ...

Bangladesh Bank has announced a positive milestone for the country’s foreign exchange reserves, which have crossed $25 billion ahead of the Eid-ul-Fitr celebrations. According to data released by the central bank on Thursday (March 27), the country’s gross reserves now stand at $25.44 billion, largely due to a record inflow of remittances in March. Remittance inflows reached an all-time high ...

Emarketer has forecasted that X, formerly known as Twitter, will see growth in ad revenue this year, driven by brands’ fear of potential retaliation from owner Elon Musk, a politically connected billionaire. Musk’s close ties to U.S. President Donald Trump and his leadership of a government department focused on cutting public sector jobs have created a climate where many advertisers ...

Asian stock markets saw a positive shift on Wednesday, driven by optimism that the impact of Donald Trump’s upcoming tariff measures may be less severe than initially feared. However, uncertainty surrounding the president’s policies and the broader US economic outlook tempered overall market sentiment. With the White House’s “Liberation Day” on April 2 approaching, there has been growing concern over ...

On Tuesday, March 25th, the third trading day of the week, the stock market witnessed a rise in indices, with trading ongoing at both of the country’s main stock exchanges: the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE). According to sources from the DSE and CSE, half an hour into the trading session, at 10:30 AM, the ...

Iraq plans to raise oil production capacity to more than 6 million barrels per day (bpd) by 2029, the state news agency reported Iraq’s oil ministry as saying on Sunday. Oil ministry undersecretary Bassem Mohamed Khodeir told the agency that Iraq aims to achieve its target through oil exploration and nationwide drilling activity, pointing to a recent deal with oil ...

The government has appointed an administrator to the Bangladesh China Chambers of Commerce and Industry (BCCCI). Nargis Murshida, Joint Secretary, Ministry of Commerce, took charge of the BCCCI on March 23, according to an order by the Commerce Ministry issued on March 16. The order instructed the newly appointed administrator to conduct a fair and neutral election for the BCCCI ...

The government of India has withdrawn 20 per cent duty on onion export. This will be effective from April 1. A notification to this effect was issued on Saturday (March 22) by the Department of Revenue on the communication of Department of Consumer Affairs, India. To ensure domestic availability, the government had taken measures to check export by means of ...

A cargo vessel arrived at Chittagong Port from Vietnam carrying 29,000 tonnes of rice on Saturday, reports UNB. The vessel, MV OBE Dinares with rice brought under the G2G agreement signed on February 3, anchored at Chittagong Port, said a Food Ministry press release on Saturday. The testing of samples of rice stored on the ship has already been completed ...

Areas of special programme under the budgetary allocation of the Ministry of Fisheries and Livestock to stable the prices of essential animal protein products in the month of Ramadan has extended and the selling price has been adjusted. A press release of the ministry in this regard confirmed this on Saturday. From the 1st to the 28th of Ramadan, an ...