Business Desk

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    Major tech cos criticise Trump immigration order

    Business Desk | Updated at 10:19pm on January 28, 2017

    Major tech companies including Google and Facebook have criticised US president Donald Trump’s new order banning entry of citizens from seven Muslim-majority countries...

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    HSBC to close 117 branches in Britain, cut 380 jobs

    Business Desk | Updated at 11:24pm on January 24, 2017

    HSBC said on Tuesday it plans to close 117 branches this year and will cut 380 roles in Britain to try to reduce costs, reports...

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    25 Dubai shops penalised for illegal money transfer to Bangladesh

    Business Desk | Updated at 10:19pm on January 22, 2017

    A crackdown across Dubai unearthed an illegal money transfer racket run by 25 shops, the Department of Economic Development revealed on Saturday, reports Gulf News...

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    Masoom becomes BD Finance MD, CEO

    Business Desk | Updated at 11:32pm on January 19, 2017

    Mohammad Masoom has recently joined Bangladesh Finance And Investment Company Limited as its managing director and chief executive officer, said a news release...

  • Shelina becomes Jiban Bima chair

    Business Desk | Updated at 11:05pm on January 15, 2017

    Career civil servant and former secretary Shelina Afroza joined as chairperson of the board of directors of Jiban Bima Corporation on January 8, said a...

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    World food prices fall in 2016 for fifth year: FAO

    Business Desk | Updated at 11:13pm on January 12, 2017

    World food prices fell for a fifth straight year in 2016 as losses in cereals, meat and dairy outweighed rises in sugar and vegetable oils,...

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    Indian auto sales see biggest drop in 16yrs on note ban

    Business Desk | Updated at 11:38pm on January 10, 2017

    India’s automobile sales saw their biggest monthly fall in 16 years in December after prime minister Narendra Modi’s ban on high-value banknotes sparked a severe...

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    IBBL and IBF get new chairmen

    Business Desk | Updated at 10:29pm on January 07, 2017

    Arastoo Khan, former secretary, has been elected chairman of board of directors of Islami Bank Bangladesh while Syed Monjurul Islam, former secretary, has been elected...

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    India banks sharply cut lending rates after Modi nudge

    Business Desk | Updated at 10:33pm on January 02, 2017

    Several banks, including top lender State Bank of India, announced sharp cuts in lending rates after a surge in deposits following a government ban on...

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    Nurul Amin re-elected BAFEDA chairman

    Business Desk | Updated at 01:53am on January 02, 2017

    Mohammed Nurul Amin, managing director and chief executive officer of Meghna Bank, has recently been re-elected chairman of the Bangladesh Foreign Exchange Dealers’ Association, said...