Bangladesh’s garment exports to Canada may continue to enjoy duty-free trade benefits after the graduation of the country to a developing nation, said a top businessman.

Maersk Group CEO to meet PM Hasina

Lubricating oil provider MJL Bangladesh PLC, a listed company, has announced plans to invest Tk 95 crore for business expansion. 

India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market, people with direct knowledge said.

China’s investment in artificial intelligence is forecast to reach $38.1 billion (273.9 billion yuan) in 2027, accounting for 9 percent of the world’s total, according to a recent report by market consultancy IDC.

US economic growth, still racing at a potentially inflationary pace as other key parts of the world slow, could pose global risks if it forces Federal Reserve officials to raise interest rates higher than currently expected.

Russia hopes to increase its marine product exports to China in the wake of China’s ban on Japanese seafood imports after the release of treated radioactive water from the wrecked Fukushima nuclear power plant into the sea.

Indian farmers have planted 38.4 million hectares (94.8 million acres) with rice, up 4.3 percent on the same period last year, farm ministry data showed on Friday, as a revival in July monsoon rains and higher prices encouraged growers to boost acreage.

The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progresses made on easing price pressures as well as risks from the surprising strength of the US economy.

The price cap on energy bills for most British households is to fall again, regulator Ofgem announced on Friday, offering mild relief amid the ongoing cost-of-living crisis.

German business sentiment fell for the fourth month in a row in August, a key survey showed Friday, deepening the sense of gloom in Europe’s biggest economy.

The US dollar held steady on Friday, on pace to finish the week strong, after Federal Reserve Chair Jerome Powell said the central bank may need to raise interest rates further to ensure inflation is contained but promised to move “carefully” at upcoming meetings.

The expansion of the BRICS group of developing countries could provide a lifeline to capital-starved new entrants Iran and Argentina, but investors and analysts say a broader economic boon for the bloc’s members is far from certain.

Oil futures climbed about 1 percent to a one-week high on Friday as US diesel prices soared, the number of oil rigs dropped, and a fire broke out at a refinery in Louisiana.

Executive Motors Limited yesterday unveiled the BMW iX3 M Sport, the first-ever electric vehicle from BMW, for the Bangladesh market.

Rice millers say Bangladesh has 'adequate' rice stock

The expansion of the BRICS group of developing countries could provide a lifeline to capital-starved new entrants Iran and Argentina, but investors and analysts say a broader economic boon for the bloc's members is far from certain..Leaders of the BRICS - Brazil, Russia, India, China and S

The country imposes 20% duty on parboiled grade

It is 4.3% higher than last year

Fitch has downgraded to junk the credit rating of a subsidiary of Chinese property giant Country Garden, citing “heightened liquidity pressure” at the troubled firm.