Economy

Govt should keep commercial gas price minimal: BGMEA

Shawdesh Desk: Despite the increased cost of liquefied natural gas (LNG) imports, the government can increase commercial gas price at a lower rate, apex body of apparel exporters said on

ADB predicts tourism in Asia-Pacific to rebound to pre-pandemic level by 2024

Shawdesh desk: Tourism recovery in Asia and Pacific region has picked up speed and might rebound to the pre-pandemic level by 2024, according to a report released by the Asian

Shell reports highest profits in 115 years

Shawdesh desk: Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine. Profits hit $39.9bn (£32.2bn) in 2022, double

Adani is no longer Asia’s richest person: Forbes

Shawdesh desk: Indian billionaire Gautam Adani on Wednesday lost his position as Asia’s richest person, as shares of his listed companies slide further while his empire fights allegations of serious

Fake notes infiltrate banks, ATMs!

Shawdesh DEsk: Lack of sophisticated detection devices and sheer negligence of authorities have enabled a quarter to inject fake notes into banks and automated teller machines (ATMs). Banks say they

Economy on brink of destruction as import of 330 luxurious goods goes unabated

Shawdesh desk: Import of 330 luxurious goods continues putting the vital sectors and country’s economy in jeopardy. Bangladesh Tariff Commission earlier suggested for controlling import of unnecessary products to save

Gold prices hover near 9-month peak

Shawdesh dEsk: Gold prices held steady on Wednesday, hovering near a nine-month peak touched in the previous session on expectations of slower interest rate hikes from the U.S. Federal Reserve.

Bangladesh bleeding dollars for luxury imports

Shawdesh Desk: Despite the ongoing dollar crisis in the country, the import of luxury goods has not stopped. A significant amount of hard-earned foreign currency, specifically US dollars, is being