Monday, 25 Nov, 2024

Business

Twitter sues Elon Musk over $44bn takeover deal

Twitter has taken billionaire Elon Musk to court to try to force him to buy the social media firm, setting up a legal battle with the world's richest man. It comes after Mr Musk announced he was walking away from his proposed $44bn (£37bn) takeover of Twitter on Friday. He

Rupee Collapses To 79.60, A Record Low Close On Dollar's Broad

The rupee collapsed to close provisionally at 79.60 against the greenback as the safe-haven stampede into dollar-denominated assets brushed aside almost every other currency, including the euro, which was on the brink of parity with the US currency for the first time since 2002. PTI

Hide without salt in tanneries, trader complains of low price

It has been alleged that the hide of the sacrificial animals is being brought to the tannery without following the government directives. On Monday (July 11) this morning, most of the rawhide that arrived at the tanneries in the leather industrial city, Savar was found without salt.

Uber lobbied politicians, broke laws in global push: reports

Uber Technologies Inc. attempted to lobby politicians and flouted laws as part of efforts to expand globally from 2013 to 2017, according to newspaper reports based on leaked documents. The company allegedly received assistance in its efforts from politicians including French President

AL govt to focus on export-oriented industrialization

The government is trying to reduce dependency on imports and focus more on industrialization to diversify the country's export sector. If the Awami League government comes to power in the future will focus on reducing dependency on imports and increasing export-oriented industries.

Sri Lanka president asks Russia's Putin for help to buy fuel

Sri Lanka's president says he has asked Russia's Vladimir Putin to help his cash-strapped nation import fuel, as it faces its worst economic crisis since independence from Britain in 1948. Gotabaya Rajapaksa said he "had a very productive" discussion with Mr Putin.

Gold price drops in domestic market by Tk 1,166 a bhori

Bangladesh Jeweller’s Association (BAJUS) has lowered the price of gold by Tk 1,166 to Tk 78,382 per bhori (11.664 gram). The prices of the precious item have reduced in the domestic market in line with the global market, said a press release of BAJUS on Wednesday (July 6).

Bangladesh Bank re-fixes MFS transaction limit

Bangladesh Bank (BB) has re-fixed the limits on daily and monthly transactions from Mobile Financial Services (MFS) accounts to bank accounts. From now on, people will be able to make daily transactions of up to Taka 50,000 and up to Taka 3,00,000 monthly from MFS to bank accounts, as

Rawhide prices fixed at Tk 47-52 per sq foot

The government has increased the prices of rawhide by Taka 7 per square foot than to the previous year ahead of Eid-ul-Azha. The prices of raw cowhide have been fixed at Taka 47-52 per square foot in the capital and Taka 40-44 outside Dhaka. The decision came from an online meeting

Indian businesses keen to invest in Bangladesh’s jewellery industry

Leading Indian businessmen have expressed their interest to invest in setting up jewellery manufacturing factories in Bangladesh. They have shown the interest after receiving a request from Bangladesh Jewellers’ Samity (BAJUS) President Sayem Sobhan Anvir during an international

Bangladesh Export earnings fetch record in last FY22 

Export earnings of the country has fetched a record height of US$52.082 billion in the last fiscal year (FY22) despite the unstable global economic situation mainly caused by the impacts of the COVID-19 pandemic and other global issues. According to the latest statistics of the Export

LPG cylinder price hiked again by Tk 12

Bangladesh Energy Regulatory Commission (BERC) increased the price of LPG cylinders at the customer level for the month of July. As a result, the 12-kg cylinder will be sold at Tk 1, 254 which is Tk 12 higher than the previous rate.  The new price comes into effect from Sunday

Tanvir Shahriar Rimon received the DYDF Change Maker award

Ranks FC Properties CEO Engr. Tanvir Shahriar Rimon received the "Change Maker" award from Dhrubatara Youth Foundation, the country's one of the best youth organization, in recognition of the successful implementation of various innovations in the Real Estate Sector. The

Krishoker Batighor gives farmers advice on Kharif crops cultivation 

The Agricultural Library and organization Krishoker Batighor (The Farmers' Lighthouse) have come up with some advice and services for the farmers about cultivation during the Kharif season.  The members of the organization met with the farmers to discuss the current

NRB Bank awarded best sustainable bank by Bangladesh Bank

NRB Bank Limited has been awarded as one of the best sustainable banks through Sustainability Rating-2021 by Bangladesh Bank.  Fazle Kabir, Governor, Bangladesh Bank handed over the Crest and Certificate to Mamoon Mahmood Shah, Managing Director and CEO of NRB Bank at Bangladesh

Ctg Port sets record handling containers in FY 2021-22 

Chattogram Port has set a new record by handling 32 lakh TEUs (twenty-foot equivalent units) of containers during the fiscal 2021-22. According to the Chattogram Port Authority (CPA) data, a total of 32,55,358  TEUs of containers were handled through the country's prime

Bashundhara Group holds ‘Halkhata’ in Kurigram

King Brand Cement, a leading product of the country’s largest business conglomerate Bashundhara Group organized, ‘Halkhata and prize-giving ceremony in Kurigram on Thursday. The Halkhata and prize-giving ceremony were held at Dada More of the district. Kurigram Area

Toggi Shipping commissions first cargo ship

The first vessel manufactured by Toggi Shipping and Logistics Limited (TSLL) has been commissioned recently. By launching the ship, TSLL, a concern of Bashundhara Group, has opened up a new era in local logistics operations as local engineers demonstrated their excellence in

4,407 cattle markets countrywide, no entry without mask

A total of 4,407 cattle markets will be set up across the country ahead of Eid-ul-Azha across the country and no one can enter these markets without wearing masks, said Home Minister Asaduzzaman Khan Kamal. The minister came up with the information after holding a meeting at the

Japan to provide Tk 11,409cr to Bangladesh for 3 projects

Japan will provide some 165,989 million Yen or approximately Taka 11,409.57 crore to Bangladesh for three projects. Japan will provide approximately Taka 11,400 crore for two investment projects while another 128 million Yen or Taka 9.57 crore as grant against a grant project. In