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Archives - 56

Dhaka, Wednesday


05 February 2025


Canada’s LNG Energy signs Venezuela oil contract

Canada’s LNG Energy signs Venezuela oil contract

Canada-based LNG Energy Group announced on Wednesday it had signed an agreement with Venezuela`s state-owned PDVSA Petroleo, though the renewal of US oil sanctions could potentially pose problems

12:17 25 April 2024

Car giants vie for EV crown at Beijing’s Auto China show

Car giants vie for EV crown at Beijing’s Auto China show

Chinese car giants locked in a cut-throat price war descend on the capital for the start of the Auto China show Thursday, vying to draw consumers and headlines in the world`s biggest electric vehicle market and abroad

12:13 25 April 2024

Tough times for Argentine factories as consumers penny-pinch

Tough times for Argentine factories as consumers penny-pinch

Argentina`s factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods

12:09 25 April 2024

Asian markets mixed as global rally stalls, eyes on yen

Asian markets mixed as global rally stalls, eyes on yen

Asian equities were mixed Thursday as investors turned cautious after the past three days` sizeable gains, with Meta`s warning that it will spend far more than expected this year fuelling worries that the latest tech-led rally may have gone too far

12:06 25 April 2024

PM urges all to say ’no’ to wars

PM urges all to say ’no’ to wars

Prime Minister Sheikh Hasina today called upon all to stand against all forms of aggression and atrocities and say "no" to wars, as the precondition for sustainable development is lasting peace and security

12:01 25 April 2024

CCCI invites Hong Kong businesses to invest in Chattogram region

CCCI invites Hong Kong businesses to invest in Chattogram region

Senior Economist of the Hong Kong Trade Development Council Gary Ng on Wednesday met with the leaders of the Chittagong Chamber of Commerce and Industry (CCCI) at its office at the World Trade Center in the port city

00:04 25 April 2024

EU parliament approves supply chain law a positive step for corporate accountability: HRW

EU parliament approves supply chain law a positive step for corporate accountability: HRW

The European Parliament vote on Wednesday to approve the proposed European law to require large companies to prevent and remedy human rights and environmental abuses in their global supply chains is a step forward for corporate accountability

19:50 24 April 2024

DSE turnover exceeds TK 6bn-mark

DSE turnover exceeds TK 6bn-mark

Country`s both the bourses-Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)-on Wednesday plunged further due to mainly price fall in large-cap securities

17:19 24 April 2024

N. Korean economic delegation visits Iran: KCNA

N. Korean economic delegation visits Iran: KCNA

A North Korean economic delegation has departed Pyongyang for Iran, the nuclear-armed country`s official media reported Wednesday, on a rare visit that analysts said raises concerns of cooperation between the two states

12:00 24 April 2024

PM off to Thailand

PM off to Thailand

Prime Minister Sheikh Hasina left here this morning for Bangkok on a six-day official visit to Thailand at the invitation of her Thai counterpart Srettha Thavisin to strengthen the bilateral relations between the two countries

11:54 24 April 2024

China to send fresh crew to Tiangong space station on Thursday

China to send fresh crew to Tiangong space station on Thursday

China will send a fresh crew to its Tiangong space station on Thursday evening, Beijing`s Manned Space Agency announced, the latest mission in a programme that aims to send astronauts to the Moon by 2030

11:50 24 April 2024

Boeing to give $425 mn advance payments to subcontractor Spirit

Boeing to give $425 mn advance payments to subcontractor Spirit

Boeing is giving subcontractor Spirit Aerosystems $425 million in advance payments so it can maintain production and allow the US aviation giant to fulfill its orders, a regulatory filing showed Tuesday

11:46 24 April 2024

Celine Dion gives health update in rare interview

Celine Dion gives health update in rare interview

Canadian pop megastar Celine Dion, who suffers from a rare neurological disorder, said in her first interview since announcing the career-sidelining diagnosis that she is well, but taking life "one day at a time"

11:43 24 April 2024

Tesla profits tumble but shares rise on new vehicle plan

Tesla profits tumble but shares rise on new vehicle plan

Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV

11:38 24 April 2024

German forecast to offer signs if ailing economy on the mend

German forecast to offer signs if ailing economy on the mend

The German government will present its latest growth forecasts on Wednesday as Europe`s crisis-hit top economy shows tentative signs it is finally turning a corner

11:32 24 April 2024

Ali urges partners to join hands with Bangladesh in leveraging digital innovation

Ali urges partners to join hands with Bangladesh in leveraging digital innovation

Finance Minister Abul Hassan Mahmood Ali has called upon the country`s esteemed partners and stakeholders to join hands with Bangladesh in leveraging digital innovation for sustainable development in Asia and the Pacific

00:42 24 April 2024

IFC, BB sign cooperation agreement to boost digital payment adoption

IFC, BB sign cooperation agreement to boost digital payment adoption

In a landmark development aimed at advancing digital finance in Bangladesh, the International Finance Corporation (IFC) and Bangladesh Bank have formalized a new agreement

00:38 24 April 2024

Qatar keen to sign FTA with Bangladesh: Salman

Qatar keen to sign FTA with Bangladesh: Salman

Prime Minister`s Private Industry and Investment Adviser Salman F Rahman informed that Qatar has expressed its keenness to ink Free Trade Agreement (FTA) with Bangladesh

00:33 24 April 2024

FBCCI, QCCI sign agreement to establish joint business council

FBCCI, QCCI sign agreement to establish joint business council

The Federation of Bangladesh Chambers of Commerce & Industry (FBCCI) and the Qatar Chamber of Commerce and Industry (QCCI) on Tuesday signed an agreement to establish a Joint Business Council (JBC) for strengthening the economic ties and closer cooperation between Bangladesh and Qatar

00:27 24 April 2024

Revenue collection witnesses 15.23% growth in July-March

Revenue collection witnesses 15.23% growth in July-March

The revenue collection by the National Board of Revenue (NBR) from income tax, customs and VAT during the July-March period of the current fiscal year (FY24) witnessed a 15.23 percent growth fetching Tk 2,59,866 crore

00:24 24 April 2024

Depositors’ deposit in merged banks will remain completely safe: BB

Depositors’ deposit in merged banks will remain completely safe: BB

Bangladesh Bank (BB) has informed that the deposits of individual and institutional depositors in the banks that are under the process of merger will remain completely safe and secure

00:20 24 April 2024

Chinese SBS Zipper to invest $19.97mn in BEPZA EZ

Chinese SBS Zipper to invest $19.97mn in BEPZA EZ

Chinese company SBS Zipper Bangladesh Co. Ltd. is going to invest US$ 19.97 million to set up a garments accessories manufacturing industry in the BEPZA Economic Zone (BEPZA EZ)

00:16 24 April 2024

Bangladesh needs $534bn to address climate change impact by 2050: Saber

Bangladesh needs $534bn to address climate change impact by 2050: Saber

Environment, Forest and Climate Change Minister Saber Hossain Chowdhury on Tuesday said Bangladesh needs $534 billion to address climate change impact by 2050 and that is why international financial support is a must for implementing climate plans

00:13 24 April 2024

Price fall in large-cap drives stocks down

Price fall in large-cap drives stocks down

Country`s both the bourses-- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)- today plunged due to mainly price fall in large-cap securities

18:33 23 April 2024