OPEC said Tuesday that phasing out oil was a "fantasy", as the Saudi-led cartel forecast that demand would keep growing until at least 2050, a key year in the battle against climate change

China's central bank has shifted to a more aggressive easing stance, but its policy weapons don't have the key enemy to economic growth in their line of sight: the persistently weak consumer demand

The US Department of Justice filed an antitrust lawsuit against Visa on Tuesday, alleging the company illegally maintains a monopoly over the use of debit cards in the United States

The ADB has lowered its forecast for Bangladesh’s economic growth to 5.1 percent for the current fiscal year, primarily due to supply disruptions caused by political unrest in July and August 2024

S Alam Group’s takeover of the Islami Bank to drain the healthiest bank of the country had left investors and customers in shock. It did not stop there.

The stock markets in Bangladesh rose for a second consecutive day yesterday as investors made cautious purchases of lucrative blue-chip shares hoping for corporate companies to soon make healthy earnings disclosures..Islami Bank Bangladesh, Beacon Pharmaceuticals, Grameenphone, Olympic Ind

Akij Ceramics has launched a range of tiles sized 100x100 centimetres considering the huge demand for such products in Bangladesh..The tiles feature a high gloss finish that enhances the spaciousness of interiors, providing a seamless and luxurious look..They are designed to elevate

The central bank will not print money or sell dollars from reserves to solve the problems in the financial sector, said its governor Ahsan H Mansur yesterday.

The telecommunications and ICT sectors failed to make expected progress despite making a massive investment of Tk 65,000 crore between 2010 and August 2024, according to a recent statement from the telecom ministry.

The Bangladesh Securities and Exchange Commission (BSEC) yesterday fined cricketer Shakib Al Hasan Tk 50 lakh for manipulating the share price of Paramount Insurance in 2023.

Investments from the World Bank’s private investment arm hit a record $56 billion in its financial year to end-June, the lender’s managing director told Reuters.

The stock markets in Bangladesh rose for a second consecutive day yesterday as investors made cautious purchases of lucrative blue-chip shares hoping for corporate companies to soon make healthy earnings disclosures.

The Bangladesh Securities and Exchange Commission (BSEC) ordered the Dhaka bourse to investigate the unusual movement of the price and volume of shares of Taufika Foods and Lovello Ice-Cream PLC.

Bangladesh has been experiencing a severe forex crisis for the past two years. Our two main sources of foreign currency are exports and remittances. While we have devoted significant attention to increasing exports, we have largely neglected the potential of remittances. In the past fiscal year, exports have been in the range of $47 billion.

China unveiled some of its boldest measures in years on Tuesday aimed at boosting its struggling economy as leaders grapple with a prolonged property sector debt crisis, continued deflationary pressure and high youth unemployment.

A fact-finding mission of International Monetary Fund (IMF) yesterday sought to know about the interim government’s workplan for revenue mobilisation, curbing inflation and increasing foreign exchange reserves alongside reform initiatives for the banking sector.

Garment factory owners in Bangladesh have accepted all 18 of the demands of the workers, such as ensuring provisions for tiffin and night allowances, to tame ongoing unrest in the sector.

The Bangladesh Bank (BB) yesterday further hiked the policy rate, a key tool of the monetary policy, as the interim government prioritises cooling off the red-hot prices of essential items.

Work on eight rail and road projects financed by India has remained halted for one and a half months, causing further delays to the already drawn-out projects.

The two-wheeler market is facing a product shortage