Volvo Cars has announced plans to slash approximately 3,000 jobs, primarily in Sweden, as part of a sweeping cost-cutting initiative aimed at strengthening its financial footing.  The layoffs will affect about 15% of the automaker’s white-collar workforce, the company

The government has increased the prices of salt-applied raw cowhide by Tk 5 per square foot for this year’s Eid-ul-Azha.  In Dhaka, the price has been fixed at Tk 60 to Tk 65 per square foot, while outside Dhaka, it will be Tk 55 to Tk 60. On the other hand, prices of

Petrol pump owners and tank lorry operators across Bangladesh enforced a half-day strike on Sunday (May 25), demanding the fulfillment of 10-point demands, including an increase in fuel sales commissions and regulatory reforms. The strike, observed from 6am to 2pm, was enforced by the

Noted economist Dr Debapriya Bhattacharya has alleged that Tk 20,000 crore was siphoned off from Bangladesh’s capital market during the 2010–11 crisis, with Tk 15,000 crore of that amount laundered abroad — a move he says occurred under the influence of powerful

The Trading Corporation of Bangladesh (TCB) will begin selling essential items at affordable prices from 690 mobile trucks across the country starting today (May 23), ahead of Eid-ul-Azha. The sales will continue daily—including Fridays and holidays—until June 3. Items such

The Trading Corporation of Bangladesh (TCB) will begin selling essential items at affordable prices from 690 mobile trucks across the country starting tomorrow (May 23), ahead of Eid-ul-Azha. The sales will continue daily, including Fridays and holidays, until June 3. Items like edible

The United States has formally accepted a Boeing 747 aircraft gifted by Qatar to be added to the Air Force One fleet — a move that has ignited fierce criticism, even from some of President Donald Trump's staunchest allies. Pentagon spokesperson Sean Parnell confirmed the

Global sportswear giant Nike is set to increase prices across a wide range of its products starting June 1, as the company navigates rising costs and trade policy uncertainty. While Nike attributes the move to regular “seasonal planning,” the timing comes amid growing

Garment owners will have to pay their workers Eid-ul-Azha bonuses within this month, and salaries between the 1st and 3rd of June, said Home Affairs Adviser Lt Gen (retd) Jahangir Alam Chowdhury on Monday. He made the statement following a meeting of the National Law and Order

Jewellers have raised the price of gold by Tk1,365 to Tk1,67,098 per bhori (11.664 grams), just a day after lowering it in the local market. The decision was made at a meeting of the Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association

The Phoenix Convention Centre (PCC) was officially inaugurated on the evening of 16 May 2025, marking a new chapter in Dhaka’s event and hospitality sector. The Gala Opening Ceremony, held at the centre’s stunning location on Phoenix Plaza (Lift 8), Tejgaon, brought together

Chief Adviser Professor Muhammad Yunus on Saturday (May 17) called for the establishment of a dedicated Microcredit Bank to provide collateral-free loans to young entrepreneurs, saying microcredit has evolved beyond the traditional NGO framework. He said, “Microcredit is the real

The Bangladesh Jewelers Association (Bajus) has reduced the price of gold by Tk 3,452 per bhori, effective from Friday. According to the new rates, 22-carat gold is now priced at Tk 1,65,734 per bhori, down from Tk 1,69,186 on Thursday.  The price drop follows a decline in the

Novoair, the country’s oldest operating private airline, announced today that it will resume flight operations from May 22, following a 19-day suspension. "I am very happy to announce that we are starting flight operations from next Wednesday," said Managing Director

Bangladesh’s top cricket star and former national team captain Shakib Al Hasan has been fined Tk 2.26 crore by the country’s capital market regulator for manipulating share prices of a listed company. The penalty was imposed by the Bangladesh Securities and Exchange

The United States and Saudi Arabia have finalized a $142 billion arms agreement, marking one of the largest defense deals between the two nations. Announced during President Donald Trump’s visit to Riyadh, the deal includes advanced weaponry, fighter jets, missile defense

Bashundhara Tissue, a concern of the Bashundhara Group, officially unveiled its latest innovation, the “3-ply Bashundhara Toilet Tissue,” at a launching ceremony held at the Level-5 Training Hall of the Bashundhara Industrial Headquarters (BIHQ) in Dhaka on Wednesday. The

The price of gold has been increased by Tk3,662 per bhori (11.664 grams), just four days after a previous reduction, bringing the new price to Tk1,74,948 per bhori. The decision was made during a meeting of the Standing Committee on Pricing and Price Monitoring of the Bangladesh

The price of Liquefied Petroleum Gas (LPG) has been lowered for May, according to an announcement by the Bangladesh Energy Regulatory Commission (BERC) on Sunday (May 4). The price of a 12kg LPG cylinder has been reduced by Tk 19, bringing it down from Tk 1,450 to Tk 1,431. The new

Gold prices in Bangladesh have dropped once again, just 10 days after the previous adjustment, according to an announcement by the Bangladesh Jewellers Association (BAJUS). The price of 22-carat gold has been reduced by Tk 3,569 per bhori (11.664 grams), setting the new rate at Tk