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 ...

Economists have expressed concern just after Bangladesh’s foreign exchange reserves slipped below $40 billion, even though that should be capable of meeting six months import payments, based on imports for the immediate past fiscal. Such concern was not seen 12 years ago, when Bangladesh’s forex reserves were only $10.60 billion in the FY2010 (2009-10 fiscal). That is roughly the same ...

Twitter spent $33m (£27m) on Elon Musk’s proposed deal to buy the firm between April and June 2022. It also said its number of monthly daily users had risen to 237m – but it reported a net loss of $270m, which was worse than expected. Mr Musk has since changed his mind about the purchase, and a court date is ...

Annual Development Programme (ADP) implementation rebounded to nearly pre-covid level in the just-concluded 2021-22 fiscal year after a two-year slowdown by the pandemic. ADP executing ministries and divisions could spend Tk 2,037.65 billion to post an overall 92.79 percent implementation performance last fiscal, according to a draft report of IMED. ADP performance tumbled to 80.39 percent in FY20 when Bangladesh ...