Economy

Volvo shares accelerate on stock market debut

Shawdesh desk: Swedish car company Volvo is now valued at more than $22bn (£16bn) after its shares jumped in the first hours of trading of its market debut. Volvo, majority-owned

23 organisations get Sheikh Mujib Industrial Award-2020

Shawdesh Desk: The Ministry of Industries has honoured 23 organisations with the “Bangabandhu Sheikh Mujib Industrial Award-2020”. Industries Minister Nurul Majid Mahmud Humayun handed over the prizes, divided in seven

Tesla is now worth more than $1 trillion

Shawdesh Desk: Tesla just became the sixth company in US history to be worth $1 trillion. Shares popped more than 12% Monday to close at about $1,025, boosted by two

Women’s role crucial for further dev of Bangladesh: BGMEA chief

Shawdesh desk: Women have made a significant contribution to the socio-economic transformation of the country in the last 50 years, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan

Bangladesh becoming a higher mid-income country

Govt eyes to raise GDP growth to 9pc by 2031 100 economic zones to transform the economy Driven by economic and social sector success in the last decade, Bangladesh has

Rupayan Lake Castle starts journey in Bashundhara R/A

Shawdesh Desk: Rupayan Lake Castle Condominium Lifestyle officially started its journey at Bashundhara Residential Area in the capital on Thursday. Rupayan Housing Estate Limited constructed the Rupayan Lake Castle, a

German central bank chief to step down after 10 years at helm

Shawdesh desk: German central bank president Jens Weidmann, a renowned fiscal hawk in Europe, will step down at the end of the year after a decade at the helm, the

IFC invests $22.7 million to help forge a new path for Bangladesh’s RMG Industries

Shawdesh DEsk: With an aim to improve global competitiveness for Bangladesh’s ready-made garments (RMG) sector, International Finance Corporation (IFC) has invested $22.7 million in Hamza Textiles Limited (HTL), a dyeing