Category: BUSINESS

Vietnamese budget carrier Vietjet Air announced a $8 billion order for 20 Airbus A330-900 widebody aircraft, doubling its previous order. The deal was signed during […]

Nvidia plans to launch a new AI chipset for China priced at $6,500-$8,000, significantly cheaper than its restricted H20 model ($10,000-$12,000). The Blackwell-architecture GPU will […]

Atlas Bangladesh Ltd has partnered with Chinese company Zhejiang Luyuan Electric Vehicle to assemble and manufacture electric scooters and bikes under the “Atlas EV” brand. […]

US President Donald Trump stated Thursday that India has proposed a trade deal with “no tariffs” on US goods. The announcement comes as New Delhi […]

China has reportedly ended its ban on domestic airlines accepting new Boeing aircraft, following a significant de-escalation in the US-China trade war. Both nations agreed […]

Skoda Auto Volkswagen India has appointed Ashish Gupta as Brand Director of Skoda India effective May 1, 2025, replacing Petr Janeba who returns to the […]

EIB has committed €350 million in framework loans for renewable energy projects in Bangladesh, with the EU adding €45 million in grants. The announcement came […]

Olympic Industries will acquire 503.5 decimals of land in Narayanganj for Tk 22.25 crore to support future expansion. The board approved purchasing five plots, including […]

The US has eliminated the “de minimis” tariff exemption on Chinese goods worth less than $800, implementing new duties of 120-145%. The move targets e-commerce […]

Vietnam and the US have initiated negotiations on trade issues following President Trump’s threat of 46% tariffs on Vietnamese goods. Washington accuses Vietnam of helping […]

Bangladesh’s garment exports to the US increased 17.23% during July-March FY2024-25 despite recent Trump tariffs. Total RMG exports reached $30.25 billion, up 10.84% year-on-year. The […]

Tata Motors has achieved a record number of patents and design applications in FY25, highlighting its commitment to automotive innovation through sustainable solutions and new […]

ACI Motors has introduced Yamaha’s FZ 25 motorcycle in Bangladesh, featuring a 249cc engine. Inaugurated by Yamaha Motor India Group Chairman Itaru Otani, this high-performance […]

India has withdrawn Bangladesh’s transhipment facility for export cargo to third countries via Indian land borders. The decision, effective immediately, cancels a 2020 arrangement that […]

China’s Vice Commerce Minister Ling Ji promised to protect US firms despite imposing 34% retaliatory tariffs against similar US levies. During a meeting with American […]

Japan’s Fair Trade Commission has designated Apple and Google as subjects of a new law regulating major IT companies in the smartphone app market. Taking […]

Nike faces potential setback as President Trump prepares to announce new tariffs Wednesday, with Vietnam a likely target. The sportswear giant produces 50% of its […]

Starlink must route its commercial broadband through a local gateway in Bangladesh, following the country’s NGSO policy. Chief Adviser Muhammad Yunus has directed authorities to […]

Major billionaires who attended Trump’s January inauguration have lost a combined $209 billion in wealth over the past seven weeks, according to Bloomberg. Despite stock […]

The National Board of Revenue has eliminated advance tax on raw materials for cancer drug manufacturing, following a reduction in import tax from 5% to […]

Chinese President Xi Jinping met with prominent private sector leaders, including Alibaba co-founder Jack Ma, at Beijing’s Great Hall of the People. The meeting, which […]

The government has implemented an immediate ban on e-cigarette imports by adding electronic nicotine delivery systems to the list of prohibited items under the Import […]

KEPZ governing body, led by Professor Muhammad Yunus, fast-tracks land registration and eases bond licensing to boost foreign investment. The meeting decentralized authority, simplified procedures, […]

The US Commerce Department has finalized a $7.86 billion subsidy for Intel, reduced from the previously announced $8.5 billion after Intel secured a separate $3 […]

Boeing announces first wave of layoffs, affecting 2,199 jobs in Washington state, with additional cuts in Oregon, Colorado, and South Carolina. The cuts are part […]

Singapore-China joint venture Chic Wings (BD) Lingerie Co Ltd will invest $18 million to establish a garment factory in Bepza Economic Zone, Mirsharai. The factory […]

Bank Asia PLC reported a significant loss of Tk 103.13 crore in Q3 2024, compared to a Tk 27.74 crore profit in the same period […]

Apple reported quarterly revenue of $94.9 billion, slightly exceeding analyst expectations. iPhone sales reached $46.2 billion, while services hit a record $25 billion. However, the […]

China’s manufacturing output expanded in October for the first time since April, with the Purchasing Managers’ Index (PMI) reaching 50.1, up from September’s 49.8. This […]

Unilever Consumer Care Ltd experienced a significant 48% decline in profit during Q3 2024, dropping to Tk 15.92 crore from Tk 31.16 crore in the […]

Nestlé Bangladesh PLC has appointed its sales director, Syed Iqbal Mahmud Hossain, as a board member effective October 15. Hossain, who joined the board of […]

Bangladesh Bank Governor Ahsan H Mansur has alleged that tycoons connected to former PM Sheikh Hasina’s administration, along with military intelligence, siphoned $17 billion from […]

Swiggy has launched a new ‘Swiggy Seal’ badge feature to help customers identify restaurants that maintain high food hygiene and quality standards. According to CEO […]

Heidelberg Materials Bangladesh PLC reported a loss of Tk 79.10 lakh in the July-September quarter 2024, with a loss per share of Tk 0.14. The […]

Import and export through Benapole-Petrapole land port are suspended from today until October 24 due to Indian Home Minister Amit Shah’s visit. Shah will inaugurate […]

Premier Cement Mills PLC reported a significant turnaround, posting a profit of Tk 74.23 crore for the fiscal year ending June 30, 2024, compared to […]