Turkey's Coca-Cola Isek (CCI) has signed an agreement for a whopping $130 million to acquire Coca-Cola Bangladesh Beverages Limited (CCBB).  The agreement outlines the acquisition of the entire 100% shares in CCBB, with CCIHBV emerging as the primary direct shareholder. CCI

Despite the price of fuel oil is stable in the world market at this moment, it may rise again. The United States, China and Europe have begun refilling depleted oil reserves. As a result, the demand for fuel oil will increase again in the world, which may lead to an upward trend in the

Bangladesh Bank announced rules for appointing banks’ independent directors setting the minimum age at 45 years and the maximum age at 75 years. Also, they must have at least ten years of experience in management or business or professional work. The central bank issued a

Ahead of the holy month of Ramadan, the Trading Corporation of Bangladesh (TCB) started the sale of essential commodities at subsidised rates among the low-income group today (February 15). A total of one crore TCB cardholders across the country will be able to buy soybean oil, lentil

Mohammad Al Kashem was appointed as the first Bangladeshi Managing Director (MD) of Coats Thread Exports Limited in Sri Lanka.  He will take on this responsibility in addition to his current role as the Managing Director of Coats Bangladesh Limited and J&P Coats Pakistan

Multi-billionaire Jeff Bezos has sold more of his shares in Amazon, bringing the total value of sales in recent days to more than $4bn ($3.2bn). The technology giant, which he founded in 1994, said Mr Bezos has now sold 24 million shares in the firm this month. Mr Bezos, who is

The United Arab Emirates signed an agreement Sunday to launch an air taxi service by 2026. As a result, Dubai will become the world's first city to launch a commercial, city-wide electric aerial taxi service. The official Emirates News Agency (WAM) announced on X that the Joby

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand. The cryptocurrency has enjoyed a strong run in recent months, fuelled by expectations US lawmakers would

State Minister for Commerce Ahsanul Islam Titu today (February 11) said prices of essentials will remain under control during the holy month of Ramadan.  "The government is taking various initiatives including market monitoring and ensuring smooth supply of goods to keep

The much-awaited river trade route between Rajshahi and Murshidabad in India is going to be opened tomorrow (February 12) with the main thrust of strengthening trade and economic ties between the two countries. Sultanganj River Port under Godagari Upazila in the district is set to open

Prime Minister Sheikh Hasina today (February 11) underscored the need for expanding export market apart from diversification of production. She said: "To increase exports, the market should be expanded alongside diversification of products."  The premier said this

Jeff Bezos this week unloaded 12 million shares of Amazon stock, netting him about $2 billion in a strategic move that may position him to once again claim the title of "world's richest man." The sale was in keeping with a plan announced by the company earlier in February

Separate policies will be formulated for domestic and international markets in the jewelry industry, said Sayem Sobhan Anvir, Managing Director (MD) of Bashundhara Group, and President of the Bangladesh Jewelers' Association (BAJUS). BAJUS President Sayem Sobhan Anvir said this

Prime Minister’s Private Industry and Investment Adviser Salman F Rahman has said the government is ready to provide support for the sector having immense potential of growth. He also said jewellers will have to clarify which one they seek from the government as there will be two

A three-day jewellery exposition, styled "Bajus Fair-2024", kicked off at the International Convention City Bashundhara (ICCB) in Dhaka today (February 8), aiming to promote investment in gold as a means to secure a brighter future. BAJUS President Sayem Sobhan Anvir

BAJUS Fair 2024 will start today at International Convention City Bashundhara in the capital, aiming to promote investment in gold as a means to secure a brighter future. To align with Prime Minister Sheikh Hasina’s Vision 2041, BAJUS President Sayem Sobhan Anvir has planned to

North Korea’s Supreme People’s Assembly has voted to scrap all agreements signed with South Korea on promoting economic cooperation, the North’s official KCNA news agency reported on Thursday, as the two Koreas’ relations continue to deteriorate sharply. The

The Bangladesh Jewellers’ Association (BAJUS) is going to organise a three-day jewellery fair in the capital from tomorrow (February 8). This year, the theme of the fair is “Shonay Biniyog, Bhobishshoter Shanchay” (Investment in gold, savings for the future),

JCX Development Limited is developing a luxurious condominium housing facility at the Bashundhara Residential Area in Dhaka. The two buildings of the facility named “Grand Residence” covered 92 kathas of land of JCX in the prestigious neighbourhood in the capital city, said

The Korea-Bangladesh Chamber of Commerce & Industry (KBCCI) recently organised a "Meet the Delegates" event at Sheraton Dhaka in Banani, aiming to create business opportunities for members of the chamber as well as for other prominent business individuals. Park Young-sik,