Business

National flag carrier Biman Bangladesh Airlines has achieved the highest-ever profit in its 55-year history, posting an unaudited profit of Tk 937 crore in the fiscal year 2024-25. “This landmark reflects Biman’s transformation into a modern...

As the US government apparently considering acquiring a 10-percent interest in the struggling US chip firm, SoftBank Group, a tech investor based in Japan, announced on Tuesday that it will invest $2 billion in Intel. The...

Thailand will launch an 18-month pilot programme to allow foreign visitors to convert cryptocurrencies into baht to make payments locally, officials said on Monday, part of efforts to rejuvenate the country’s critical tourist sector. Conversions will...

Global miner BHP has agreed to sell copper assets in Brazil to CoreX Holding for up to $465 million, it reported alongside its earnings on Monday. BHP has entered into a binding agreement with CoreX for...

SoftBank Group is taking a $2 billion equity stake in Intel, the two companies said on Monday, amid a ramp-up in efforts to provide financial support to the struggling U.S. chipmaker. The Japanese investment company will...

Industries Adviser Adilur Rahman Khan today said that the green shipbuilding industry could become the country’s next forex giant after the Ready-Made Garment (RMG) sector.  “If the garment sector is our first great leap into global...

The Bangladesh Bank (BB) today issued a master circular on import transactions, consolidating all existing instructions into a single, comprehensive reference document. This initiative aims to streamline procedures and facilitate trade for businesses in the country....

Ansar-VDP Unnayan Bank has regained strength and turned around after reforming key policies and taking strategic decisions in the last one year since Bangladesh Ansar and VDP Director General Major General Abdul Motaleb Sazzad Mahmud assumed...

Brazilian President Luiz Inacio Lula da Silva on Tuesday announced aid worth some $5.5 billion for companies hit by Donald Trump’s trade tariffs, as part of a package of economic relief measures. Last Wednesday the 50-percent...

In a bold and strategic move, AI startup Perplexity offered Google on Tuesday a massive $34.5 billion for its popular Chrome web browser, a crucial asset that the tech giant may be forced to sell as...