Dhaka, Tuesday


30 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

Bangladesh, Qatar sign 5 agreements, 5 MoUs

Bangladesh, Qatar sign 5 agreements, 5 MoUs

Bangladesh and Qatar today signed five agreements and five memorandums of understanding (MoUs) to enhance mutual cooperation between the two countries

16:23 23 April 2024

Bangladesh’s digital innovation showcased at ESCAP Bangkok summit

Bangladesh’s digital innovation showcased at ESCAP Bangkok summit

Bangladesh`s remarkable achievements in digital innovation and government`s ongoing initiatives to build a smart nation by 2041 ensuring sustainable development were showcased in a side event of the ongoing 80th session of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in Bangkok

12:28 23 April 2024

Tensions flare at US universities over Gaza protests

Tensions flare at US universities over Gaza protests

Classes at Columbia University were shifted online Monday as protests over the Israel-Hamas war heightened tensions on US campuses and led to dozens of arrests at Yale University

12:23 23 April 2024

Israel’s strike on Iran: limited hit, major message

Israel’s strike on Iran: limited hit, major message

Israel`s apparent strike on Iran was deliberately limited in scope but sent a clear warning to the country`s leadership about Israeli abilities to strike at sensitive targets

12:19 23 April 2024

Qatar Amir is at PMO

Qatar Amir is at PMO

Amir of the State of Qatar Sheikh Tamim Bin Hamad Al Thani reached Prime Minister’s Office (PMO) to hold a bilateral meeting with Prime Minister Sheikh Hasina

12:14 23 April 2024

US sues to block Coach owner’s $8.5bn buyout of Versace parent

US sues to block Coach owner’s $8.5bn buyout of Versace parent

The US Federal Trade Commission (FTC) said Monday it has sued to block fashion group Tapestry`s $8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace

11:59 23 April 2024

EU lawmakers to greenlight new spending rules

EU lawmakers to greenlight new spending rules

The EU hopes to move towards healthier public finances after the expected passage of reforms to the bloc`s spending rules on Tuesday in the European Parliament

11:56 23 April 2024

Most Asian markets rise with earnings, US data in view

Most Asian markets rise with earnings, US data in view

Asian markets mostly rose Tuesday, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve`s interest rate plans ahead of the release of key US growth and inflation data

11:53 23 April 2024

Eyeing China, EU parliament to back ban on forced labour

Eyeing China, EU parliament to back ban on forced labour

EU lawmakers will vote on Tuesday to ban products made using forced labour under a new law that has China in its sights, risking raising tensions with Beijing

11:50 23 April 2024

Tesla earnings a ’moment of truth’ for Musk after stumbles

Tesla earnings a ’moment of truth’ for Musk after stumbles

Tesla CEO Elon Musk faces heightened pressure with Tuesday`s earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline

11:47 23 April 2024

Walton profits surge by 205% in July-March

Walton profits surge by 205% in July-March

Walton Hi-Tech Industries PLC has demonstrated remarkable resilience and growth under strong leadership, achieving a significant increase in sales and profit during the first nine months of the financial year 2023-24

00:16 23 April 2024

Dhaka, Washington engage in comprehensive discussion on trade relations

Dhaka, Washington engage in comprehensive discussion on trade relations

Dhaka and Washington on Monday engaged in a comprehensive discussion on various aspects of Bangladesh-US Trade Relations

23:59 22 April 2024

5 instruments likely to be signed during PM’s Thailand visit: FM

5 instruments likely to be signed during PM’s Thailand visit: FM

Foreign Minister Dr Hasan Mahmud on Monday said five bilateral instruments including one agreement, three Memorandum of Understandings (MoU) and one Letter of Intent are likely to be signed during Prime Minister Sheikh Hasina`s Thailand visit this week

23:55 22 April 2024