Dhaka: Most stock markets gained Thursday even as President Donald Trump’s new tariffs on dozens of countries took effect, with investors eyeing exemptions from his threatened 100-percent levy on semiconductors. Sentiment was also lifted by hopes of e…
Dhaka: The July reading of the Bangladesh Purchasing Managers’ Index (PMI) increased 8.4 points from the previous month, reaching 61.5, indicating a faster expansion rate. This marks significant progress for the country’s economy, particularly in the …
Zurich: Switzerland scrambled for answers Thursday after a last-gasp government mission to Washington failed to stop a 39-percent tariff blow from President Donald Trump, sparking job fears in what businesses called a “horror scenario”. The government…
Dhaka: Asian equities saw significant gains on Thursday as investors chose to overlook the potential implications of former US President Donald Trump’s threat to impose a 100 percent tariff on semiconductors. The market optimism was further buoyed by …
Tokyo: PlayStation-maker Sony raised its annual profit forecasts, driven by robust performance in its gaming division and a smaller-than-expected impact of US trade tariffs. The Japanese electronics and entertainment giant reported continued strong mo…
Tokyo: Japanese auto giant Toyota on Thursday cut its annual net profit forecast to 2.66 trillion yen ($18.06 billion) owing to the impact of US tariffs. “Due to the impact of US tariffs and other factors, actual results showed decreased operating inc…
Gazipur: A workshop aimed at formulating a comprehensive roadmap for the implementation of the National Social Insurance Scheme (NSIS) was held in Gazipur. The scheme seeks to enhance social security coverage for workers across Bangladesh, a press rel…
Dhaka: Commerce Adviser Sk. Bashir Uddin announced that the government has successfully dismantled the market syndicate system, following a significant change in power dynamics after last year’s mass uprising. This reform has led to a more inclusive o…
Dhaka: The Bangladesh Investment Development Authority (BIDA), in collaboration with Swisscontact’s PRABRIDDHI project, today hosted a high-level workshop in the city to present the findings of the Municipal Competitiveness Index (MCI) 2024, positioni…