Marico’s profit jumps 30% in April-June quarter

Marico Bangladesh Ltd, a listed multinational company, said its profit soared 30 percent year on year to Tk 172.57 crore in the April-June quarter.
31 July 2024, 04:46 AM

IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping through the Red Sea pose threats to the global economy.
12 February 2024, 15:05 PM

World's No.2 sugar producer India may need imports in 2025

India is set to ban exports in the crop year that started in October and may even be forced to import in the following year as farmers turn to other crops
19 December 2023, 11:17 AM

Poor governance hampers economic growth

The socioeconomic development of India, Pakistan and Bangladesh is being hampered by the prevalence of poor governance and institutional weakness in the three South Asian nations, according to analysts.
6 November 2023, 18:00 PM

China’s deflation pressures ease, more steps expected to spur demand

China’s consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflation pressures ease amid signs of stabilisation in the economy.
9 September 2023, 18:00 PM

74 Rohingyas detained in India's Uttar Pradesh

The Anti Terrorist Squad (ATS) of India’s Uttar Pradesh state police today apprehended 74 Rohingyas who were allegedly living illegally in the country, according to a senior official..The ATS has been getting information about Rohingyas residing in various districts of UP after crossing th
24 July 2023, 13:38 PM

Pakistan all set to get discounted Russian oil: PM

Pakistan's Prime Minister Shehbaz Sharif said on Thursday that everything was set for his country to receive a shipment of discounted Russian oil
27 April 2023, 13:02 PM

India to pay Tk 220 per tonne for transportation of goods via Mongla, Ctg

Additional charges will also be applicable, says NBR
26 April 2023, 13:05 PM

Huawei to develop 50,000 ICT talents in South Asia

Global tech giant Huawei has taken an ambitious plan of developing 50,000 ICT talents in South Asia in the next five years.
3 April 2023, 18:00 PM

Sri Lanka shows commitment to rapid disinflation - IMF

Sri Lanka’s decision to raise interest rates shows the crisis-hit country’s commitment to reducing inflation quickly towards single-digit levels, the International Monetary Fund (IMF) said on Saturday.
4 March 2023, 18:00 PM

No deal as IMF leaves Pakistan

"Considerable progress was made during the mission on policy measures to address domestic and external imbalances," the IMF said in a statement.
10 February 2023, 07:46 AM

Japan needs stable, sustained inflation: official

Japanese Deputy Chief Cabinet Secretary Seiji Kihara on Sunday stressed the need to achieve an economy where inflation rises stably and sustainably, when asked whether the next central bank governor should maintain ultra-easy monetary policy.
5 February 2023, 18:00 PM

No choice but to agree to tough IMF conditions: Pakistan PM

Prime Minister Shehbaz Sharif on Friday said that the International Monetary Fund (IMF) delegation, which is visiting the country for discussions on the ninth review of a $7 billion loan programme, was giving a "very tough time" to Finance Minister Ishaq Dar and his team.
3 February 2023, 08:01 AM

Pakistan court grants bail to Imran Khan aide

An aide to former prime minister Imran Khan was granted bail yesterday, a week after being arrested for allegedly harassing election commission officials.
1 February 2023, 18:00 PM

Saudi Arabia may lower crude prices for Asia

Saudi Arabia, the world’s largest oil exporter, may trim prices for crude grades sold to Asia for a fourth straight month in March, amid low physical oil premiums, as oversupply worries linger despite expectations of demand recovery in China.
30 January 2023, 18:00 PM

Emirates offers free night stay in Dubai

Travellers who purchase an Emirates return ticket in first or business class or stopping over in Dubai will be able to enjoy a complimentary night stay at the Fairmont The Palm hotel, one of the iconic hospitality properties in Dubai. 
30 January 2023, 18:00 PM

Job growth in South Asia may halve this year: ILO

The growth of jobs in South Asia is expected to nearly halve to 1.6 per cent in 2023 from 3 per cent a year ago, according to a new International Labour Organization (ILO) report released yesterday. 
16 January 2023, 18:00 PM

‘Historical and unexplored ties between Afro-South Asian communities need cultural attention’

Exploring the Afro-South Asia connection and the untold narratives of the Habshi rulers during the Sultanate period in Bengal, globally renowned researcher, archivist, and curator Dr Kenneth X Robbins on Tuesday said that the historic ties between the Afro-South Asian communities need to be closely studied across the globe.
4 January 2023, 15:39 PM

Graft charges put Maldives ex-president Yameen in jail

The Maldives criminal court on Sunday sentenced former president Abdulla Yameen to 11 years in prison and fined him $5 million after finding him guilty of corruption and money laundering charges related to receiving kickbacks from a private company.
25 December 2022, 15:40 PM

Japan inflation hits 41-year high

Prices in Japan rose at their fastest pace since 1981 in November, data showed Friday, fuelled in part by higher energy costs.
24 December 2022, 18:00 PM