China warned the United States yesterday against further harming trade ties after President Donald Trump effectively barred Chinese telecom giant Huawei from the US market, escalating tensions between the world's top economic powerhouses. At the same time, Beijing's diplomatic relations with…

Bakhrabad Gas Field resumed gas production from its well No-1 that was remained closed for last four years. The well of the Bakhrabad Gas Field has now been contributing in the national grid to 15 million cubic feet gas every day and the gas pressure in the wellhead has about 1950 PSI (pound-force per…

Biman Bangladesh Airlines added its 14th aircraft, a Boeing 737-800 to its fleet yesterday. The national flag carrier brought the aircraft on lease from Kuwait’s Alfaco Company that arrived at Hazrat Shahjalal International Airport (HSIA) in Dhaka around 3:25am  yesterday, Biman’s spokesperson…

Stocks yesterday finished the week down with falling trends of all major price indices at Dhaka and Chittagong Stock Exchanges as the daily transactions declined amid volatility in large-cap securities. The broader DSEX of the DSE finished the week with 45.05 points down at 5,230.79. The blue-chip DS30…

Asian markets were mixed yesterday as investors weighed hopes for trade talks against Donald Trump's ban on US firms from using foreign telecoms equipment, which has been seen as a kick against China. Investors were jolted in the morning after the president issued an executive order, citing national…

Chinese e-commerce leader Alibaba on Wednesday announced revenue for the latest quarter that beat analyst estimates, indicating that the Sino-US trade tiff and a slowing domestic economy were having little impact on the bottom line. Revenue for the January-March period rose 51 per cent year on year…

Bangladesh Bank (BB) has taken a decision to release new notes of Tk 10, 20, 50 and 100 in the market from May 22 to 30 (except the government holidays) ahead of Eid-ul-Fitr. The new notes will be distributed from all branches of Bangladesh Bank across the country, according to a BB circular issued…

President Donald Trump plans to hold off on imposing steep tariffs on imported autos while the US pursues agreements with key trading partners, industry sources told the news agency on Wednesday. Trump has threatened to impose 25 per cent punitive duties on autos -- a possibility that has worried the…

Jowher Rizvi and Rashed Khan have been elected president and general secretary, respectively, of Steel Building Manufacturers’ Association of Bangladesh…

The Chattogram Metropolitan Chamber of Commerce and Industries (CMCCI) started selling of essential commodities at fair prices for the low income group people in the port city during the holy month of Ramadan from yesterday. City Mayor AJM Nasir Uddin inaugurated the fair price sale programme of CMCCI…

Women Entrepreneur Association of Bangladesh (WEAB) wants 30 per cent allocation of land in every government projects for women entrepreneurs. The association at a press conference urged the government to reduce corporate tax to 25 per cent from 35 per cent for women owned companies. Bangladesh Bank…