Bangladesh gets record $27 billion in remittance in 2024

Remittance inflow also broke single-month record in December
1 January 2025, 11:33 AM

Ample supply, slow demand to temper oil price gains in 2025: Reuters poll

The survey of 31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025, down from a forecast of $74.53 in November, marking an eighth straight downward revision.
1 January 2025, 07:07 AM

Global markets rode AI, interest rate roller coaster in 2024

Donald Trump's victory in the US presidential election gave Wall Street even more of a boost on hopes he will follow through on pledges of deregulation and tax cuts
1 January 2025, 07:00 AM

China manufacturing activity grows for third straight month

China's Purchasing Managers' Index (PMI) was 50.1 in December, marking a third consecutive month of expansion
31 December 2024, 07:09 AM

Ctg port posts record in container handling

A rise in foreign trade is helping the port recover from the global economic downturn
30 December 2024, 14:06 PM

Japan's factory activity shrinks at slower pace, PMI shows

New orders contracted for the 19th straight month on subdued demand in both domestic and key overseas markets
30 December 2024, 10:07 AM

Bangladesh should harness expertise of NRBs to thrive globally: foreign adviser

Bangladesh should enhance the quality of its workforce, embrace innovation, upskill the labour force and harness the expertise of the non-resident Bangladeshis (NBRs) to thrive globally, Foreign Adviser Md Touhid Hossain said today..With improved ICT infrastructure and strategic rebranding
29 December 2024, 14:24 PM

Transport workers’ strike hits importers hard

1.5 million tonnes of imported goods got stuck at 50 ports
28 December 2024, 13:03 PM

Political turmoil shakes South Korea's economy

The won, which plunged Friday to its lowest level against the dollar since 2009, has been in near-constant decline since President Yoon Suk Yeol's attempt to scrap civilian rule in early December.
28 December 2024, 07:36 AM

US to hit new debt limit as soon as Jan 14: Yellen

Lawmakers have suspended the debt ceiling -- a limit on government borrowing to pay for bills already incurred -- until January 1 next year.
28 December 2024, 07:17 AM

Falling prices become a headache for onion farmers

The growers dumped onion on Pabna-Sujanagar road demanding a fair price
26 December 2024, 13:05 PM

China revises up 2023 GDP, sees little impact on 2024 growth

Gross domestic product (GDP) in 2023 was raised by 3.4 trillion yuan to 129.4 trillion ($17.73 trillion), Kang Yi, the head of the National Bureau of Statistics, told a presss conference, while releasing the fifth national economic census
26 December 2024, 11:20 AM

Oil prices edge higher on hopes for more China stimulus

Brent crude futures rose 22 cents, or 0.3 percent, to $73.80 a barrel by 0450 GMT
26 December 2024, 05:51 AM

Dollar stays resilient, Asia shares get festive lift

As the year-end approaches, trading volumes have begun thinning out and the main focus for investors remains that of the Federal Reserve's rate outlook.
26 December 2024, 05:44 AM

No advance tax, VAT for green shipyards: NBR

Capital machinery import rises, as Hong Kong convention only allows green shipyards to import scrap ships
25 December 2024, 12:25 PM

Taiwan blocks Uber's $950 mln Foodpanda deal, CNA reports

Uber and Delivery Hero announced the Taiwan deal in May, which also included a separate agreement for Uber to purchase $300 million worth of newly issued shares of the German food delivery firm
25 December 2024, 09:03 AM

Honda, Nissan tie-up requires something neither can spare: time

Nissan's junior partner, Mitsubishi Motors, will decide by next month whether it plans to take part.
25 December 2024, 08:55 AM

US consumer confidence takes unexpected hit in December

The US consumer confidence index slipped to 104.7 in December, down from a revised 112.8 last month, The Conference Board announced in a statement.
25 December 2024, 05:31 AM

China says to raise deficit, boost spending next year: state media

The world's second-largest economy has for years battled sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt
25 December 2024, 05:27 AM

Union leaders demand emergency fund for laid-off RMG workers

They made the demand in a meeting with the Labour Reform Commission
23 December 2024, 15:06 PM