Companies around the world will soon have a uniform set of standards on sustainability issues after the body governing international accounting rules published on Monday its first guidelines on reporting greenhouse gas emissions.

Sri Lankan authorities have declared a five-day closure of financial markets from Thursday ahead of a controversial move to restructure the government’s domestic debt amounting to more than $51 billion.

Bankers yesterday hiked dollar purchase rate for the exporters in their bid to come to a unified rate for the greenback by September this year.

The country’s foreign exchange reserves rose past $31 billion yesterday after three multilateral lenders provided $925 million to Bangladesh. 

More workers are expected to head to the chopping block in the Indonesian textile industry later this year, as companies face a prolonged slowdown in the export market.

They will get Tk 107.5 for a dollar from July 2

The garment makers' platform sits with EU ambassador today

Bangladesh’s shipment to Russia fell nearly 30 per cent year-on-year to $432 million in July-May of the outgoing financial year owing to the difficulty in supplying goods to a country at war with Ukraine. 

Bitcoin, the world’s largest cryptocurrency, hit a one-year high on Friday at $31,458, capping off a week of gains helped in part by BlackRock’s plans to create a bitcoin exchange-traded fund even as the digital asset sector faces US regulatory scrutiny.    

Vietnam’s exports of fruits and vegetables are expected to be worth US$4 billion this year.

Amazon said on Friday it will take its investments in India to $26 billion by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States.

UK private-sector growth has slowed to a three-month low as soaring interest rates and stubbornly high inflation fuelled by rising food prices worsens a cost-of-living crisis, data showed Friday.

Indian Prime Minister Narendra Modi met with U.S. and Indian technology executives in Washington on Friday, the final day of a state visit where he agreed new defense and technology cooperation and addressed challenges posed by China.

Ukraine’s financial results have improved this year, with budget revenues increasing by 45 per cent in May compared to the same period a year ago, Finance Minister Serhiy Marchenko said on Friday.

Eurozone economic activity worsened in June to a five-month low, hit hard by a fall in industrial production, a keenly watched survey showed on Friday.

International money-laundering watchdog the Financial Action Task Force announced Friday it had put Cameroon, Croatia and Vietnam on its “grey list” of countries under increased monitoring.

Oil futures fell on Thursday, with trader concern over bearish impact from interest rate hikes countered by potentially bullish US oil inventory data after preliminary figures showed a fall in stocks.

The United States has granted its first ever approvals to two companies to sell chicken grown directly from animal cells, becoming only the second country to allow lab-grown meat to be offered to consumers.

Brexit has been an “economic disaster” for trade and investment ties between the United Kingdom and Germany, leading to a fall in German direct investment and seeing the UK decline in importance as a trading partner, German economists said.

India’s wheat harvest in 2023 is at least 10 percent lower than the government’s estimate, a leading trade body told Reuters on Wednesday, amid a sharp rise in local prices during the past two months.