Is it time to abandon hope the Strait of Hormuz will open soon?
REUTERS, Launceston
8 hour(s) ago Global Economy
India pushes for regional energy hub in Sri Lanka
AFP, Colombo
8 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

Forex reserves fall by half a billion in a week

It hit $19.45 billion on March 27, down from $19.98 billion on March 20
28 March 2024, 12:02 PM

H&M's net profit doubles in first quarter

H&M said Wednesday its net profit more than doubled in the first quarter as the world's second biggest fashion retailer worked to control costs
28 March 2024, 11:33 AM

Toyota's global sales slide 7% in February, led by slumps in China and Japan

Toyota's US sales for February surged 16% and in Europe gained 14%, Japan sales tumbled by a third
28 March 2024, 07:31 AM

What is the economic impact of the Baltimore bridge collapse?

With vessel traffic at the Port of Baltimore suspended until further notice since Tuesday's accident, experts warn of knock-on effects but say these should be manageable in the near term
28 March 2024, 06:44 AM

Chinese EV giant BYD announces record annual profit for 2023

BYD recorded a net profit of 30 billion yuan ($4.16 billion) last year, up 80.7 percent year-on-year from 16.6 billion yuan in 2022
27 March 2024, 11:26 AM

China files WTO complaint over US electric vehicle subsidies

The US Inflation Reduction Act (IRA) "formulates discriminatory subsidy policies for new energy vehicles," said China's Ministry of Commerce
27 March 2024, 07:26 AM

Visa, Mastercard reach $30 billion settlement over credit card fees

Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit card fees for merchants
27 March 2024, 05:43 AM

Tax on provident funds' income: One country, dual policy

A provision in the Income Tax Act 2023 created the discrimination
26 March 2024, 15:40 PM

SWIFT planning launch of new central bank digital currency platform in 12-24 months

The move is likely to be fine-tuned to when the first major ones are launched
26 March 2024, 14:38 PM

Sri Lanka cuts key interest rates as economy rebounds

The Central Bank of Sri Lanka reduced its benchmark lending rate from 10 percent to 9.5 percent and the deposit rate from 9.0 to 8.5 percent
26 March 2024, 08:11 AM

Boeing in turmoil: Incidents and investigations

Production issues, safety incidents are among the causes plaguing Boeing
26 March 2024, 06:12 AM

IMF chief urges China to boost growth with 'pro-market reforms'

Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus, instead stressing the need to pivot towards "high-quality" growth
25 March 2024, 06:17 AM

Russia wants skilled manpower from Bangladesh

The Putin administration will take 60 workers initially and more in phases
24 March 2024, 13:57 PM

Banglalink posts decade-high revenue growth

The mobile phone operator’s revenue grows 14.4% year-on-year to Tk 6,150 crore in 2023
24 March 2024, 13:16 PM

Fitch upgrades UK credit rating outlook to 'stable'

Fitch upgraded its credit rating for UK government debt from "negative" to "stable" Friday, citing easing economic policy risks, while reaffirming the country's AA- rating.
24 March 2024, 10:57 AM

World Bank to share more data to attract private investors to developing countries

Economic growth has slowed in developing countries, with growth falling to barely 4% from 6% in two decades, Banga said, noting that each lost percentage point dragged 100 million people into poverty, while debt levels were rising
24 March 2024, 08:18 AM

MIDAS awards 7 enterprises

Three-day MIDAS SME Fair 2024 ends
23 March 2024, 14:46 PM

Sustainable business-friendly environment a must now: FBCCI

FBCCI sits with different trade bodies to prepare budget proposals
23 March 2024, 14:11 PM

Gold price hiked to Tk 114,074, a new record

The new rate comes two days after a price cut
21 March 2024, 15:15 PM

Four insurers show-caused for Tk 264 crore unsettled claims

The four are: Sunflower Life Insurance, Progressive Life Insurance Company, Sunlife Insurance Company and Homeland Life Insurance Company
21 March 2024, 14:10 PM