Instability hinders business, Eid sales expected to decline
Instability hinders business, Eid sales expected to decline

Due to overall instability in the country, business activities have not picked up pace. Seven months after the fascist Sheikh Hasinas regime fell, the law and order situation has not normalized, and the political climate is still unstable. The country is grappling with an economic crisis, and...

Saudi oil giant Aramco reports decline in annual profit, cuts dividend
Saudi oil giant Aramco reports decline in annual profit, cuts dividend

Saudi Arabias state oil giant, Aramco, has announced a decline in its net profit for 2024, reporting $106.2 billion, down from $121.3 billion in 2023, UNB reported, citing other agencies. The company also revealed a significant reduction in its dividend payouts for 2025, expecting total...

Foreign loan commitments plummet 67% in Jul-Jan of FY25
Foreign loan commitments plummet 67% in Jul-Jan of FY25

Bangladesh has seen a sharp decline in foreign loan commitments, dropping by 67.22% in the first seven months of the current fiscal year 2024-25, as the interim government re-evaluates its borrowing strategy and reassesses projects inherited from the previous administration, according to data from...

Stock markets end week’s first trading day in decline
Stock markets end week’s first trading day in decline

The stock market started the week on a negative note, with indices dropping on both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) on Sunday, reports UNB. At the DSE, both the benchmark DSEX index and the Shariah-based DSES index fell by 2 points, while the blue-chip DS30...

Stocks decline after six-day rally
Stocks decline after six-day rally

The stock market lost momentum on Sunday after six consecutive sessions of gains, as investors engaged in profit booking ahead of the upcoming monetary policy announcement for the second half of the fiscal year, reports BSS. The Dhaka Stock Exchange (DSE) saw its benchmark index drop by 13.29...

Over half of Gen Z in UK favor a dictatorship
Over half of Gen Z in UK favor a dictatorship

A new survey suggests a growing inclination among Generation Z towards authoritarian leadership, sparking concerns over democracys future. The findings, part of Channel 4s Gen Z: Trends, Truth and Trust report, will be unveiled at a Royal Television Society event, reads an Independent (UK) report....

Capital machinery imports plunge amid rising economic uncertainty
Capital machinery imports plunge amid rising economic uncertainty

The import of capital machinery in Bangladesh has plummeted, reflecting the deepening economic uncertainty facing the nation. Data from Bangladesh Bank reveals a stark decline in letters of credit (LCs) for machinery imports across all industrial sectors during the first five months (July-November)...

Thailand’s auto industry faces uncertain future
Thailand’s auto industry faces uncertain future

Thailands automotive industry is under pressure as new car sales remain uncertain due to an uneven economic recovery, the Bank of Thailand reported. According to the Monetary Policy Committees Q4 2024 report, pickup sales recovery lags behind passenger cars due to weaker purchasing power among...