Samsung hikes chipmaking prices by up to 15% on demand spike
REUTERS
3 HOUR(s)
Samsung Electronics has raised prices for some advanced contract chipmaking services by up to 15 percent for new orders, two people familiar with the matter said, as demand for AI chips tightens capacity in a business long dominated by TSMC.
NCC Bank gets nod for 20 Islamic branches
Star Business Report
3 HOUR(s)
Bangladesh Bank has approved National Credit and Commerce Bank (NCC Bank) to convert 20 conventional banking branches into full-fledged Islamic banking branches.
Gold firms
REUTERS
3 HOUR(s) Economy
Gold rose as US Treasury yields eased on Wednesday, with investors awaiting minutes of the Federal Reserve’s July meeting for fresh clues on its monetary policy outlook. Spot gold rose 0.6 percent to $4,359.58 per ounce by 0737 GMT, after falling nearly 2 percent in the previous session due to higher Treasury yields, while US gold futures slipped 0.2 percent to $4,413.40.
Bangladesh seeks closer tourism ties with Malaysia
Star Business Report
3 HOUR(s) Economy
Bangladesh and Malaysia have discussed ways to strengthen tourism ties by easing visa procedures, increasing direct flights and creating more opportunities for skilled Bangladeshi workers in Malaysia’s hospitality sector.