Philips etches small profit gain in Q3
Dutch electronics and medical device manufacturer Philips reported a slight gain in third-quarter net profits Tuesday as it battles tariff uncertainty and ongoing litigation over faulty sleep apnoea machines...
Business-Economy
SIBL records loss of over Tk 1,704 crore in nine months
Social Islami Bank PLC has incurred a record net loss exceeding Tk 1,704 crore in nine months (January-September) of 2025.
12 firms seek digital bank licence
Twelve entities have applied to Bangladesh Bank for licences to establish digital banks, as the central bank moves ahead with plans to introduce fully branchless banking in the country...
Exports decline for 3rd month
Bangladesh鈥檚 export earnings in October recorded a negative growth of 7.43 per cent to $3.82 billion, lower than the $4.13 billion in September 2024...
Highest FDI comes from Netherlands in FY25
Netherlands has become Bangladesh鈥檚 largest foreign investor in the financial year 2024-25, contributing $453.65 million in net foreign direct investment (FDI), which accounts for 26.9 per cent of total inflows, according to Bangladesh Bank鈥檚 latest Foreign Exchange and FDI report...
Exporters allowed to swap forex holdings for taka
Bangladesh Bank has allowed exporters to swap foreign currency holdings for local currency to ease short-term liquidity stress without converting export proceeds...
Bay terminal鈥檚 first unit to be ready by 2030
Chittagong Port Authority chairman Rear Admiral S M Moniruzzaman on Monday said that the authority aimed to bring the first terminal of the Bay Terminal project into operation by 2030...
SME Foundation to host 3rd nat鈥檒 business plan competition
SME Foundation will host the third edition of the National SME Business Plan Competition 2025 to inspire existing MSME entrepreneurs and students from educational institutions to showcase innovative business ideas...
Internet prices may rise by 20pc under proposed guideline: ISPAB
The proposed regulatory and licensing guidelines for broadband service providers could increase internet costs for users by at least 20 per cent due to new fees and charges, the Internet Service Providers Association of Bangladesh said...
Pvt investment may remain stagnant till polls: experts
Businesses said that policy uncertainty and political transition have kept private investment on hold, and the country鈥檚 investment climate is unlikely to recover until a new elected government takes charge...
High price of gold inspires new rush in California
Matt James has collected gold nuggets for years from the hills and riverbeds of California, but as the precious metal鈥檚 price soars, he has found an unexpected El Dorado: on social media...
US could hike tariffs if China backtracks on rare earths: Bessent
US president Donald Trump鈥檚 administration is prepared to raise tariffs on China if Beijing continues blocking rare earth exports, treasury secretary Scott Bessent warned Sunday...
Global stocks rise on AI optimism
Major European and Asian stock markets rose Monday as optimism over the artificial intelligence sector carried over into the new week, according to analysts...
Denmark鈥檚 fabled restaurant noma sells products to amateur cooks
Several times crowned the best restaurant in the world, noma, a beacon of gastronomy in Copenhagen, wants to carve a niche among home cooks by selling them some of its products...
Turkey inflation eases to lowest level since 2021
Turkish inflation eased slightly in October, reaching 32.87 per cent 鈥� its lowest figure in nearly four years, official data showed on Monday after rising for the first time in more than a year...
