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Oil prices fell on Tuesday on a strong dollar, and expectations of weakening demand due to fresh COVID-19 curbs in top world crude importer China and fears of a global economic slowdown. Brent crude futures fell $2.32, or 2.2%, to $104.78 a barrel by 0953 GMT, while U.S. West Texas …

The liquefied natural gas (LNG) market will see a growing need for medium-term and customised deals amid concern among some buyers about the price risks of long-term contracts and conflict with decarbonisation goals, an executive with global trading firm Vitol said on Thursday. Approximately 70 per cent of LNG globally …

As many as 300 rural women of Palashbari upazila in the district have become self-reliant through making shopping bags. The women have become self-reliant with the patronization of Sadhina Rani, a successful entrepreneur of the upazila. While talking to Sadhina Rani it is learnt that she received a training from …

Bangladeshi entrepreneurs at a apparel sourcing week underscored the need for taking pragmatic initiatives with strategic planning to grab potentialities of Indian market. They made the observation while participating in the ‘Apparel Sourcing Week 2022’ concluded on Sunday at the Sheraton Grand Bangaluru, India, said a press release. Bangladesh High …

With runaway inflation eating into incomes, staple foods have vanished from the tables of Zimbabweans like Emina Chishangwe, who lives in a poor dormitory town south of the capital Harare. “I can’t remember the last time I ate meat. It has become a luxury for some of us,” said the …

In response to the recent devastating flood in Sylhet, as a responsible corporate citizen, Chevron Bangladesh, the largest producer of natural gas in the country, extended its hand to support flood-affected communities in three districts of the Sylhet division to help fight the ordeal through relief. As part of the …

Bangladesh Bank (BB) has asked the commercials banks to ensure smooth and uninterrupted transactions through the Automated Teller Machine (ATM), Point of Sale (POS), Internet Banking, Online e-Payment Gateway and Mobile Financial Services (MFS) during the vacation of Eid-ul-Azha. In a circular, the BB instructed the banks to ensure adequate …

Japan’s core machinery orders slipped for the first time in three months in May, hurting hopes that a pickup in business spending would offset pressure on an economy struggling with surging costs of energy and other imports due to a weak yen. Core orders, a highly volatile data series regarded …

Foreign exchange reserves in Bangladesh could slip below $40 billion for the first time in nearly two years owing to regular import payments and a slowdown in remittance flow. Bangladesh will have to settle import payments worth $1.96 billion with the Asian Clearing Union (ACU) next week. The reserve may …

Use of launch services in Barishal declined by up to 50 per cent in the first seven days after Padma Bridge was inaugurated but the situation has since changed thanks to an onrush of Eid home-goers. Launch owners say there was an initial reduction in cabin bookings as people preferred …