Edible oil is still being sold at the previous higher prices, even though the government has announced a reduction in prices of the goods in the country. Consumers are still buying the goods at their previous higher prices, as the markets are yet to see an increase in oil supply. The government and the Bangladesh Vegetable Oil Refiners and Banaspati ...

Twitter’s lawsuit to force Elon Musk to complete his $44 billion buyout bid is set to go to trial on October 17, a US judge has ordered, in a case with major stakes for both sides. The trial is due to open in a court in the eastern state of Delaware and is set to last five days to decide ...

Amazon and Apple posted better than expected sales, reassuring investors that the tech giants will be able to weather slowdowns in global economies. Amazon forecast in a trading update that higher fees for its Prime membership would boost its bottom line, while Apple said demand for its all important iPhone remained strong. Both firms said they were making progress controlling ...

A foreign ship named Maersk Nesna left the Mongla Port in Bagerhat for Poland with Bangladeshi readymade garment (RMG) products for the first time after the launching of the Padma Bridge. Maersk Nesna, a Panama-flagged ship, left the port around 11:30am on Thursday with 17 containers of 27 garment factories. This is the first export shipment of readymade garments to ...

The airline was initially scheduled to resume London-Bangkok flights in November after suspending flights since December last year due to low demand, IANS reported. Tourism operators were hoping the airline would resume flights to Bangkok during the high season, but travel news agency TTG Media said Thailand is not high on BA’s list for flight resumption. This is because this ...

Google-parent Alphabet on Tuesday reported its profit in the recently ended quarter slipped to $16 billion as its long sizzling ad revenue growth cooled. Big tech firms are grappling with multiple problems, from inflation to the war in Ukraine, and results for this quarter have not been great so far, reports AFP. Alphabet’s revenue in the period grew 13 percent ...

Jewellers have increased the price of gold by Tk 1,314 to Tk 78,530 per bhori (11.66 grams) in the local market on the ground of price hike in the international market. The new price chart will be effective from Wednesday. According to the Bangladesh Jewellers Samity (BAJUS), each bhori of 22-carat gold was fixed at Tk 78,530 which was sold ...

Bangladeshi companies witnessed huge responses from buyers at the ‘Texworld USA Summer 2022’, and the representatives of the companies were busy during the show with trade inquiries from USA and other countries. “A total of six Bangladeshi fabrics, garments and home textile manufacturers participated at the tradeshow in the USA that was held in New York on July 19-21. The ...

Fishermen are now very busy netting hilsa fish in the southern river basin as the 65-day ban on catching and selling the popular fish ended on Saturday midnight. Fish traders and workers of different fish markets, including Chandpur market, has increased fish business through importing a huge quantity of hilsa fish. After Saturday midnight, fishermen started to catch the fish ...

The government has made submission of income tax return proof mandatory for investing more than five lakh in savings certificate and to open account in post office savings bank. The information came from a circular sent from Debt Management Division of the Bangladesh Bank to Chief Executives of all banks on July 25. The central bank has given directive to ...