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Economy


Emirates half-year profit up 13pc

Dubai’s Emirates Group, which includes the Middle East’s biggest airline, announced half-year profits of 10.6 billion dirhams ($2.9 billion) on Wednesday, up 13 per cent from last year...

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Govt to issue Tk 2,500cr Sukuk bond

The government has decided to raise an additional Tk 2,500 crore by issuing a Sukuk or Islamic bond for rural infrastructure development in Noakhali, Feni and Lakshmipur districts...

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IMF-WB experts back unified debt management office

A joint technical assistance mission of the International Monetary Fund and World Bank recommended establishing a unified Debt Management Office in Bangladesh to strengthen the country’s public debt management framework and reduce fiscal and operational risks...

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Canada PM says first budget will help reduce reliance on US

Canadian prime minister Mark Carney’s government was set to present its first budget on Tuesday, a spending plan he says will provide ‘the answer’ for an economy starting to buckle under US tariffs...

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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...

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Highest FDI comes from Netherlands in FY25

Netherlands has become Bangladesh’s 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’s latest Foreign Exchange and FDI report...

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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’s investment climate is unlikely to recover until a new elected government takes charge...

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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’s price soars, he has found an unexpected El Dorado: on social media...