Moody's downgrades Signature Bank to junk, places six US banks under review

Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based Signature Bank (SBNY.O) deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade.
14 March 2023, 10:22 AM

Japan runs record current account deficit in January

Japan logged its largest current account deficit ever in January as a combination of global slowdown and China's Lunar New Year holidays undermined the country's ability to earn from trade.
8 March 2023, 05:59 AM

India's oil deals with Russia dent decades-old dollar dominance

US-led international sanctions on Russia have begun to erode the dollar's decades-old dominance of international oil trade as most deals with India - Russia's top outlet for seaborne crude - have been settled in other currencies.
8 March 2023, 05:41 AM

Robi’s r-ventures 3.0 contest ends on high note

Eight start-ups to get Tk 8 crore investment
6 March 2023, 15:13 PM

BB moves to ensure timely encashment of export proceeds

The step may increase the supply of the US dollar in the forex market
6 March 2023, 12:22 PM

'France keen to help Bangladesh meet green investment needs'

AFD Executive Director Philippe Orliange says
5 March 2023, 14:01 PM

Adani group gets $1.87b investment from US boutique firm GQG

US boutique investment firm GQG Partners has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report sparked a stock rout..The group's seven listed companies have lost some $135 bi
2 March 2023, 14:59 PM

LC restrictions cut fruit imports by 38%

Bangladesh's fruit imports fell 37.79 per cent year-on-year to $157.38 million in the July-January period
28 February 2023, 14:56 PM

‘Never be complacent, take up new challenges to achieve perfection’

Chowdhury believes this has been the story behind success in the recent years for LafargeHolcim Bangladesh
28 February 2023, 13:59 PM

India bans oil tankers, bulk carriers older than 25 years

The world's third-largest greenhouse gas emitter looks to cut emissions and reduce the average age of its fleet
28 February 2023, 12:54 PM

Gold prices reduced further

22-carat gold will now cost Tk 91,095, down from Tk 92,263 made effective on February 5
26 February 2023, 15:24 PM

Bangladesh now home to world’s best green factory

Green Textile Limited Unit 4, a joint concern of Epic Group and Envoy Legacy of Bangladesh, scored 104 out of 110, highest in the globe
25 February 2023, 14:57 PM

Biden nominates ex-Mastercard CEO Ajay Banga to lead World Bank

Banga is Indian-American and currently serving as vice chairman at equity firm General Atlantic
23 February 2023, 15:13 PM

'Businesses should be more competitive for post-LDC era'

Senior Commerce Secretary Tapan Kanti Ghosh says at DCCI seminar
23 February 2023, 11:36 AM

West Bengal wants to invest in Bangladeshi economic zones

A 20-member team of Bengal Chamber of Commerce and Industry is now visiting Bangladesh
20 February 2023, 14:57 PM

Plan strategies now to become a developed nation: FBCCI

FBCCI will host Bangladesh Business Summit 2023 from March 11-13
18 February 2023, 13:19 PM

How sanctions complicated day-to-day banking for Russians

Russia's monetary authorities managed to stave off a full-scale run on its banks with capital controls, and the rouble supply has remained plentiful with long lines at ATMs during an early spring dash for cash now a thing of the past.
18 February 2023, 12:24 PM

S&P places evaluation for Adani Transmission under review

Standard & Poor Global Ratings said it has placed its environment, social and governance evaluation for the Adani Transmission Ltd (ALT) "under review"..S&P Global Ratings is an American credit rating agency (CRA). It is a leading index provider and data source of independent credit rating
17 February 2023, 11:10 AM

‘Don’t make goods pricier during Ramadan’

Info minister says at the opening of Ctg trade fair
16 February 2023, 16:00 PM

Bangladesh looking into setting up fertiliser plant in Saudi Arabia

Hanwha Saudi Contracting Company signed an MoU with BCIC to conduct a feasibility study
15 February 2023, 15:39 PM