Business

According to the most recent data from Bangladesh Bank, inward remittances sent home by Bangladeshis living abroad increased 13.4% year over year to $2.19 billion in January. In January 2024, there was a $2.11 billion remittance...

Afghanistan’s Taliban government took over management of Kabul’s famed Serena hotel on Saturday, a hotel statement said, a luxury property targeted by Taliban attacks during their insurgency.  The Kabul Serena Hotel was run for nearly 20...

Chinese officials declared on Sunday that they “firmly oppose” the new tariffs that US President Donald Trump has imposed on Beijing and that they will take “corresponding countermeasures to resolutely safeguard our own rights and interests.”...

Prime Minister Justin Trudeau announced on Saturday that Canada would impose a 25 percent tax of its own on a few American items in retaliation for the US tariffs. “Canada will be responding to the US...

President Claudia Sheinbaum declared on Saturday that Mexico would impose tariffs and other measures of its own in response to the tariffs imposed by US President Donald Trump. According to Sheinbaum, she instructed her economic minister...

Bangladesh Steel Re-Rolling Mills (BSRM) Limited constructed an environmentally friendly steel facility in Chattogram with the Japan International Cooperation Agency’s (JICA) Private Sector Investment Finance (PSIF) program. According to a JICA press release here, the new...

India’s finance minister unveiled broad income tax cuts on Saturday as Prime Minister Narendra Modi’s government looks to bolster consumption and perk up a slowing economy. The world’s most populous country is forecast to expand at...

In yet another indication of weakness for Europe’s struggling top economy, official figures released Friday indicated that the number of unemployed people in Germany increased to nearly three million in January. After being stable for several...

With revenues soaring in the last three months of 2024, the Finnish telecom equipment behemoth Nokia announced on Thursday an 89 percent increase in net profit for the year. In the fourth quarter of 2023, Nokia...

While the app’s future in the US is questionable, US President Donald Trump announced Monday that Microsoft is in talks to acquire TikTok. A US law has required TikTok to either divest from its Chinese owner...