Samsung Electronics says it expects its profits for the first three months of 2024 to jump by more than 10-fold compared to a year earlier. It comes as prices of chips have recovered from a post-pandemic slump and demand for artificial intelligence (AI) related products booms. South

Istanbul, Türkiye's largest city, has commenced a 45-day trial of the state-of-the-art Chinese smart metrobus, a press release said on Wednesday. The four-wagon electric metrobus, developed by China's CRRC Zhuzhou Electric Locomotive Research Institute, boasts a capacity

The Trading Corporation of Bangladesh (TCB) has started selling Indian onions at Tk 40 per kg today (April 2). State Minister for Commerce Ahsanul Islam Titu inaugurated the onion-selling program at TCB building in the city's Karwan Bazar area this morning.  In its first

Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report. The precious metal has enjoyed healthy buying interest this year as the US central bank

Turkey's main opposition party has claimed big election victories in the main cities of Istanbul and Ankara. The results are a significant blow for Recep Tayyip Erdogan, who had hoped to regain control of the cities less than a year after he claimed a third term as president. He

The government on Sunday (March 31) announced that fuel oil prices have fallen for the second consecutive month with the new prices effective from Monday, under a new auto adjustment mechanism for keeping consistency with global rates. In keeping with the new pricing formula introduced

In a groundbreaking move, Mukesh Ambani and Gautam Adani, two of India's billionaires, have entered into their first-ever collaboration for a power project in Madhya Pradesh. According to a PTI report, Reliance Industries, Ambani's conglomerate, has acquired a 26 per cent stake

Online shopping website “Ghorer Bazar” is working to ensure 100% pure and safe food supply. Domestic e-commerce companies have already gained recognition and trust as one of the safest food suppliers in the country Ghorer Bazar started its journey in 2020.  In

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) today (March 28) urged the market committees to cooperate to identify the corrupt traders. Md Amin Helali, FBCCI's senior vice-president, made this call at a meeting between the FBCCI's market monitoring

The Cabinet Committee on Economic Affairs (CCEA) has approved a proposal in principle for importing some 50,000 metric tons of onion from National Cooperative Exports Limited of India. The approval came from the sixth meeting of the CCEA in this year held at the Cabinet Division

The Islamic Trade Finance Corporation (ITFC) signed an agreement on Monday to provide $1.4 billion to the Bangladesh Petroleum Corporation, Saudi Arabia's state news agency SPA reported. The ITFC, part of Saudi Arabia's Islamic Development Bank, said the financing was aimed at

Boeing boss Dave Calhoun will leave at the end of this year amid a deepening crisis over the firm's safety record. Boeing also said that the head of its commercial airlines division will retire immediately while its chairman will not stand for re-election. The firm is under

India has extended its ban on onion exports indefinitely - a surprise move that comes ahead of a general election and is set to exacerbate high prices in some overseas markets. Imposed by India - the world's biggest exporter of the vegetable - in December, the ban was due to expire

Major General Mohammad Ashrafuzzaman Siddiqui, the director general of Border Guard Bangladesh (BGB), has stated that the launch of the Integrated Checkpost (ICP) in Ramgarh, Khagrachari, will significantly benefit the economies of both Bangladesh and India.  According to him,

South Korea's industry ministry said it has discussed ways to broaden the economic ties with Bangladesh, including seeking a bilateral trade and investment promotion framework (TIPF). Trade Minister Cheong In-kyo met with his Bangladesh counterpart, Nurul Majid Mahmud Humayun, in

Despite economic challenges and high feed prices, demand for feed is expected to grow in Bangladesh as large commercial poultry farms expand their operations, according to a report from the Foreign Agricultural Service (FAS) of the United States Department of Agriculture (USDA). 

Umrah travel agencies and tour operators have nearly doubled the price of tour packages per person, with fees expected to triple in anticipation of a heavy rush during Qiyam Al-Layl, the last 10 days of Ramadan. Umrah travel operators in Riyadh have almost doubled the price of

Jewellers have increased the gold price by Tk2,916 to Tk1, 14,073 per bhori in local market within two days of dropping the tariff of the precious metal. The standing committee on pricing and price monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the decision at a

Reddit has priced its shares at the top of a marketed range, valuing the social media platform at $6.4bn (£5bn). It has raised $748m as it sells 22 million shares for $34 each, making it one of the biggest initial public offerings (IPO) by a social media firm. The shares will

The Chittagong Stock Exchange (CSE) on Wednesday got the license of the country's maiden commodity exchange from the securities regulator nearly four months after the publishing of rules. The Bangladesh Securities and Exchange Commission (BSEC) approved the commodity exchange (CX)