Business

Mahtab Uddin Ahmed has been elected as President of Institute of Cost and Management Accountants of Bangladesh (ICMAB) while Hasnain Thoufiq Ahmed as Secretary for 2025.  The council meeting of ICMAB was held on Sunday night...

The Asian Development Bank (ADB); Posts and Telecommunications Division (PTD) under the Ministry of Posts, Telecommunications and Information Technology; Bangladesh Telecommunications Company Limited (BTCL); and the Public-Private Partnership Authority (PPPA) of Bangladesh have signed a memorandum...

The largest music organization in the world, Universal Music Group, and streaming giant Spotify announced a multi-year direct agreement on Sunday that will impact publishing and recording royalties. Although the joint statement did not specify the...

Bangladesh Bank (BB) Governor Dr Ahsan H Mansur today urged businessmen to provide necessary support and cooperation for sustainable development of the economy. “Bangladesh Bank is working intensively to ensure discipline in the financial sector,” he said while exchanging...

Over US$1.68 billion in remittances were sent by Bangladeshi expatriates in the first 25 days of January of the fiscal year 2024–2025. According to figures issued today by Bangladesh Bank (BB), of this, remittances through state-owned...

Microsoft aims to provide 1 million people in South Africa with artificial intelligence (AI) and cyber security training opportunities by 2026, Lillian Barnard, President for Microsoft Africa, said on Thursday. Microsoft’s (AI) national skilling initiative targets...

Meta-owned Instagram has been wooing creators from TikTok as the China-based video-snippet sharing app’s future remains uncertain in the United States. After officially increasing the allowed length of videos and adding a new editing tool, Meta...

According to data released by the central bank on Thursday, South Korea’s economy grew more slowly in the last quarter of 2024 as the nation dealt with the aftermath of impeached President Yoon Suk Yeol’s temporary...

Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year’s level, missing its expectations. Net profit was 282 million euros ($294 million) for the year, compared to 305...

E-commerce giant Amazon.com is exiting its operations in Quebec, leading to the loss of about 1,700 full-time jobs, a company spokesperson said on Wednesday. The online retailer will phase out operations across seven sites in the...