Is it time to abandon hope the Strait of Hormuz will open soon?
REUTERS, Launceston
5 hour(s) ago Global Economy
India pushes for regional energy hub in Sri Lanka
AFP, Colombo
5 hour(s) ago Global Economy
Oil prices bounce back on Iran war escalation
Reuters
20 April 2026, 10:35 AM Business
Loss of energy output will take two years to recover: IEA
REUTERS, Zurich
20 April 2026, 00:00 AM Global Economy
Dollar falls to multi-week lows
REUTERS, New York
20 April 2026, 00:00 AM Global Economy
IMF warns of war's human impact far from Middle East
AFP, Washington
19 April 2026, 12:44 PM Business

BASIC Bank employees want merger with another state bank

They submitted a memorandum to Bangladesh Bank governor
16 April 2024, 14:11 PM

IMF lowers Bangladesh’s economic growth forecast

Bangladesh economy to grow 5.7% in FY24, the lender says
16 April 2024, 13:44 PM

Tesla to lay off more than 10% of staff globally as sales fall

Tesla will lay off more than 10 percent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles.
15 April 2024, 15:00 PM

Credit card use slightly down in Feb

Plastic money transactions fell 4.77% to Tk 3,057 crore
15 April 2024, 13:26 PM

BB gets five merger proposals from banks

No new proposal will be accepted before the completion of the five, BB says
15 April 2024, 11:27 AM

Oil slips as risk premium eases after Iran attack

Oil prices slipped by about 1 percent on Monday, with the market downplaying the risk of broader regional conflagration after Iran's weekend attack on Israel.
15 April 2024, 10:55 AM

US growth may be a global boon, but inflation could derail the train

The data registered quickly in markets that lowered the outlook for a Fed monetary easing, something global officials no doubt have noticed ahead of discussions this week that may center on whether the world's post-pandemic bout of inflation and tight monetary policy is ending, or simply on hold until it is clear what happens in the US
15 April 2024, 06:24 AM

Southeast Asia 'woefully off track' on green investment, Bain says

While green investment grew 20% last year, it is way short of the $1.5 trillion required this decade, and emissions in the 10 countries in the region could overshoot their 2030 pledges by 32% if they continue on their current trajectory, it warned.
15 April 2024, 06:21 AM

Oil seen opening up after Iran's attack on Israel

But further gains may depend on response, analysts say
14 April 2024, 14:27 PM

IMF confirms Kristalina Georgieva for second 5-year term

The IMF executive board confirmed Friday that it had reappointed Kristalina Georgieva to serve for a second five-year term at the helm of the international financial institution
13 April 2024, 04:39 AM

All member factories completed paying March salary, Eid bonus: BGMEA

BGMEA President SM Mannan Kochi says in a press briefing today
10 April 2024, 09:12 AM

Economy grows by 3.78% in Oct-Dec, slowest in three quarters

The Bangladesh Bureau of Statistics says in quarterly GDP estimate
9 April 2024, 15:46 PM

New industries outside economic zones will not get electricity, gas

The cabinet committee on economic affairs says
8 April 2024, 14:04 PM

Bank Alfalah's profit triples

The multinational bank made Tk 43 crore in 2023, up from the previous year's Tk 13 crore
8 April 2024, 12:10 PM

Turning camels into cows

Megafarms are being set up to produce camel milk on industrial scales
8 April 2024, 10:46 AM

China pushes back at US overcapacity concerns as Yellen wraps visit

Beijing's commerce minister dismissed as "groundless" US concerns that a surge of low-cost Chinese exports posed a risk to global markets, as Washington's Treasury chief on Monday wrapped up a visit aimed in part at addressing the issue
8 April 2024, 06:11 AM

70% factories yet to pay March salary

Some 70% have already paid festival bonus, Industrial police say
7 April 2024, 15:45 PM

Leather shipment recovers, fetches $100 million in 9 months

Leather exports rose 9.8% year-on-year in Jul-Mar of FY24
7 April 2024, 14:20 PM

Bank of Japan hints at near-term rate hike, pushing yields higher

Ueda said the central bank could "respond with monetary policy" if currency moves significantly drive inflation and wages, suggesting sharp yen falls could affect the timing of the next rate hike
7 April 2024, 10:53 AM

Elon Musk bets big on Tesla, not cars

Hopes of keeping the crown have rested on a long-promised $25,000 model. If the project gets scrapped, as Reuters reported on Friday, boss Elon Musk has one remaining advantage: using Tesla’s data trove to develop self-driving technology
7 April 2024, 05:59 AM