Tag: Economy
Accelerating US Economy Sideswipes Markets
Far from the recession forecasts of earlier this year, US economic growth may actually be accelerating in the second half of 2023 - upending...
Citibank NA Bangladesh Appointed New Country Officer
Citibank NA Bangladesh recently appointed a new Country Officer. The appointee, Md Moinul Huq, joined Citibank NA in 2002 and previously worked for Al...
India Surpassed U.K. To Become 5th Largest Economy
According to IMF projections, India has overtaken the U.K. to become the world's fifth-largest economy and is now behind only the U.S., China, Japan,...
Six Bank’s MD Served Show-cause Notices For Dollar Manipulation
The Bangladesh Bank has transmitted show-cause notices to Managing Directors (MD) of six banks for allegedly benefiting more from selling US dollars. They have...
Australian Federal Court Fined Google $42.7mn For Deceiving Users
Australia's Federal Court has sentenced Google for US$ 42.7 million on accounts of misleading users and collecting personal location history without proper consent. As...
Bangladeshi Entrepreneurs Demanded Fuel Price Slash
Entrepreneurs urged the Bangladesh government to slash fuel prices, quoting that the unprecedented spike in the rates of petroleum products is hurting businesses, hindering...
BEZA Signed Agreement For Chinese Economic ZoneÂ
Bangladesh Economic Zones Authority has recently partnered with a state-owned Chinese company to set up the Chinese Economic and Industrial Zone (CEIZ) at Chattogram....
Coca-Cola HBC Flags $195m Hit From Russia
Coca-Cola HBC AG said it took a one-time hit of $195.4 million in the first half from costs related to its Russian business after...
Iron Ore Price Dropped Down in The International Market
Iron ore prices fell in the international market. The shock from China's COVID-19 virus and weak steel demand has led to a downward trend...
Foreign Currency Transactions Hit High in Bangladesh
Foreign currency transactions via cards hit an all-time high of Tk. 356 crore in May 2022 due to a rise in the number of...
