Business
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Canada will hit US with retaliatory tariffs Tuesday: Trudeau
Feb 2, 2025Prime 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... -
Mexico to retaliate against US tariffs, president says
Feb 2, 2025President 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... -
Environment friendly steel plant built in Cgt under JICA fund
Feb 2, 2025Bangladesh 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 unveils income tax cuts to boost slowing economy
Feb 1, 2025India’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... -
German unemployment nears 3 mn as economic woes weigh
Feb 1, 2025In 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... -
Telecom giant Nokia says net profit rose 89% in 2024
Feb 1, 2025With 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... -
Trump says Microsoft is in discussions to acquire TikTok
Jan 28, 2025While 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... -
Increasing efficiency of NBR essential for businesses growth: Salehuddin
Jan 28, 2025According to Finance Adviser Dr. Salehuddin Ahmed, the expansion of the nation’s enterprises depends on the National Board of Revenue (NBR) becoming more efficient. In view of the impending LDC graduation, he has also urged local... -
Thai Airways opens new Dhaka Town Office
Jan 28, 2025With the opening of its new Dhaka Town Office today, Thai Airways celebrated a significant milestone in its efforts to investigate more market opportunities in Bangladesh. According to a news statement, Thai Ambassador to Bangladesh Makawadee... -
UMIDIGI kicks off official journey in Bangladesh
Jan 28, 2025With the intention of establishing Bangladesh as its production hub for regional distribution, the Chinese smart gadget company UMIDIGI has formally begun its journey here. The company has established an assembly plant in Gazipur’s high-tech park...