Finance News: Latest Financial News, Finance News today in Bangladesh

Panjabi sales pick up steam

Sales of panjabi, a traditional men's attire for Eid-ul Fitr, have marked a significant rise in the city, with only a few days remaining before the biggest religious festival.This year, shoppers are looking for long and semi-long panjabis made of cotton and other comfortable fabrics considering the present hot and...

Biman increases flights ahead of Eid festival

Biman Bangladesh Airlines has increased the number of its flights in three international and two domestic routes on June 2-3 to meet the rising demand ahead of Eid.The three international routes are Jeddah, Dammam and Kuala Lumpur.The departure of Dhaka-Jeddah flight (BG4135) on 03 June is at 06:30 am andDhaka-Dammam...

MPs’ plea not to raise bidi tax

Twenty-one lawmakers have urged the National Board of Revenue (NBR) not to raise tax on bidi in the next fiscal budget, discounting public health hazards it causes.The members of parliament (MPs) have sent separate demi-official letters on the pad of the national parliament to the revenue board.NBR officials said it...

Trump urges Britain to go for no-deal Brexit

LONDON, June 02 (AFP): US President Donald Trump waded once again Sunday into Britain's Brexit debate on the eve of a state visit to London, urging Theresa May's successor to leave the EU with no deal.Whoever takes over as Britain's next prime minister should not be afraid to "walk away"...

China says trade war 'has not made America great again'

BEIJING, June 02 (AFP): Washington's escalating trade war with Beijing has not "made America great again" and has instead damaged the American economy, China said Sunday, warning that while it wants resolution through talks there will be no compromise on core principles.Beijing's broadside is the latest act in a bruising...

App Store in crosshairs as Apple courts developers

SAN FRANCISCO, June 02 (AFP): Apple is set to court software savants at its annual developers conference beginning Monday while contending with criticism that the iPhone maker has made its App Store a walled garden.The App Store is the lone shop for content for Apple devices, with the technology giant...

Mexican president confident that US will negotiate on tariffs

Mexican President Andres Manuel MEXICO CITY, June 02 (AFP): Mexico's president said on Saturday he thinks US officials are prepared to negotiate on President Donald Trump's threat to use tariffs as a tool to fight illegal migration across the border."There is willingness on the part of US government officials to...

Beijing to investigate FedEx

BEIJING, June 02 (AFP): Chinese authorities will investigate US delivery company FedEx over harming the interests of its clients, state media reported Saturday.FedEx earlier this week apologised for misrouting some Huawei parcels after the Chinese telecom giant said it was reviewing its ties with the package service over the incident."Related...

Kenya’s overall inflation falls to 5.49pc

NAIROBI, June 02 (Xinhua): Kenya’s overall inflation fell to 5.49 per cent in May, down from 6.58 per cent in April, the statistics bureau said on Friday.Zachary Mwangi, director general of Kenya National Bureau of Statistics (KNBS), said that the lower inflation rate was driven by a decrease in the...

South Korea's Transport Minister Kim Hyun-mee (centre) posing

SEOUL: South Korea's Transport Minister Kim Hyun-mee (centre) posing with International Air Transport Association (IATA) chief executive Alexandre de Juniac (left) and Walter Cho (right), chairman and CEO of Korean Air, during the opening session of the annual general meeting of IATA in Seoul on Sunday — AFP

Bulgaria makes first US gas buy with two LNG cargoes

SOFIA, June 02 (Reuters): Bulgaria has agreed to buy US natural gas for the first time, signing a deal for a delivery in the second quarter and another in the third, the Bulgarian energy minister said on Friday.Dutch-registered trader Kolmar NL will deliver a 90 million cubic meter (mcm) cargo...