This year’s Nobel Prize in economic sciences has been awarded to three U.S.-based economists “for research on banks and financial crises.” The award to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig was announced Monday by the Nobel panel at the Royal

Trade though through the Banglabandha land port in Panchagarh district resumed on Monday (Oct 10) after remaining suspended for 10 days marking Durga Puja and Eid-e-Miladunnabi. Banglabandha Importers-Exporters Group general secretary Khudrat-e-Khuda Milon confirmed the matter to

Import and export activities resumed today (Oct 08) through Hili Land Port (HLP) in Hakimpur upazila of Dinajpur after an eight-day vacation on the occasion of the Durga Puja.   General Secretary of the Customs, Clearing and Forwarding Agents Association of HLP Jamil Hossain

An 11.15-carat pink diamond has been sold for $49.9m in Hong Kong, setting a world record for the highest price per carat for a diamond sold at auction. Auctioned on Friday by Sotheby’s Hong Kong, the Williamson Pink Star diamond was originally estimated at $21m. The gem draws

Jobs growth in the US has slowed for a second month, in a sign that the labour market in the world's largest economy may be starting to cool. US employers added 263,000 new jobs in September, which is almost half the average number seen so far this year. Despite the slowdown,

Bangladesh has earned 1,36,20,000 US dollars (Tk 141.64cr) from exporting 1,352 tonnes of hilsa fish to India this year so far. Besides, hilsa production has doubled in last 12 years and the rate of production is now 90 percent. Fisheries and Livestock Minister SM Rezaul Karim

America's gross national debt exceeded US$31 trillion (S$44 trillion) for the first time on Tuesday, a grim financial milestone that arrived just as the nation's long-term fiscal picture has darkened amid rising interest rates. The breach of the threshold, which was revealed in

A Dhaka court today (Oct 04) allowed 30 more working days for Criminal Investigation Department (CID) for submitting its report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016. Dhaka Metropolitan Magistrate Arafatul Rakib passed the order as

The price of bottled soybean oil has been reduced by Tk 14 per litre to Tk 178. The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association announced the reduction in the price of soybean oil, says a press release on Monday. According to the release, the new rate

Bangladesh’s electronics giant Walton is currently exporting ‘Made in Bangladesh’ labeled Television sets to over 30 countries after meeting the local demand.  With successful market expansion in the European countries, Walton has been exporting TV sets to

Bangladesh Energy Regulatory Commission (BERC) has adjusted the price of liquefied petroleum gas (LPG) reducing by Tk 35 per 12kg cylinder to Tk 1,200.   The new price rate will come into effect from 6pm today, BERC Chairman Abdul Jalil announced at a virtual press

Bangladesh Jeweller's Association (BAJUS) has decided to keep close all jewellery shops across the country on Monday marking the Maha Ashtami. The Hindu community of the country will celebrate the Maha Ashtami on Monday on the third day of the five-day Durga Puja. The

A Dhaka court today (Oct 2) asked the Criminal Investigation Department (CID) to submit its probe report later this year on November 16 in a case filed for a $101m heist from Bangladesh Bank. The fixing of the new date deferred the probe report submission for the 67th time.

Bengal Group of Industries Vice Chairman and President of FBCCI Md Jashim Uddin received prestigious honour from New York State Assembly on September 24. Md Jashim Uddin received the honour at an event “Celebrating 50 years of relations between the United States and

New coins featuring the portrait of King Charles have been revealed, with a 50p carrying his image entering general circulation within weeks. BBC News was given a first glimpse of the 50p and a commemorative £5 Crown which include an image of the King by British sculptor Martin

A global cloud communication company Infobip, and a leader in Omni channel engagement, hosted an exclusive live event ‘Omni channel Customer Experience for Maximizing Business Growth’ at The Westin Dhaka.  The event brought together distinguished industry leaders from

Indian private airlines company Indigo Air is again going to start flights on the Dhaka-Hyderabad route this November. The Authority of Indigo Air informed this in a notification on Wednesday (Sep 28). The company will run flights on this route three days a week, said the

Russia’s war in Ukraine and the lingering effects of the COVID-19 pandemic are dragging down global economic growth more than expected and driving up inflation that will stay high into next year, the Organization for Economic Cooperation and Development said Monday in a darkening

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin has received prestigious "Honor" from New York State Assembly, the lower chamber of the New York State Legislature. Md Jashim Uddin is the very first Bangladeshi business leader,

The country’s jewellers authority has lowered the price of gold by Tk 1,086. The new price of best quality gold now stands at Tk 81,298 per bhori (11.664 grams) in the domestic market. Bangladesh Jewellers Association (BAJUS) said the new price of gold will be implemented from