Trade

Largest private data centre for financial sector opens today

Largest private data centre for financial sector opens today

Felicity IDC Limited (FIDC) -- a tier 3, PCI-DSS-certified internet data centre (IDC) -- is going to open for cloud service today (Saturday). It is specially designed for the country's financial sector. The data centre, located in Bangabandhu Hi-Tech City in Gazipur's Kaliakoir, has over 100,000 s

Gold prices cut by Tk 1,750 per bhori

Gold prices cut by Tk 1,750 per bhori

Gold prices fell by around Tk 1,750 per bhori on local market within four days of price adjustment of the pure gold. As per the decision of the Bangladesh Jewellers' Association (BJA), 22-carat gold will be sold at Tk 8,420 per gram or Tk 98,211 per bhori (11.664 grams). On September 28 (Thursday

BGMEA urges US brands to consider upcharge

BGMEA urges US brands to consider upcharge

The apparel apex body BGMEA has called on the American apparel association AAFA to pursue US brands and retailers to consider a rational price upcharge for orders from next December. It also reiterated a long-pending demand for a unified code of conduct for social compliance in order to save time

Sabrang tourism park to have hotels, resorts soon

Sabrang tourism park to have hotels, resorts soon

Installation of key infrastructure, including hotels and resorts, at Sabrang Tourism Park (STP) will begin soon as land development has been done, people familiar with this matter have said. The Bangladesh Economic Zones Authority (BEZA) is also awaiting a project's approval to establish required


Green chilli prices heating up again

Green chilli prices heating up again

After an unusual hike in July and subsequent return to normalcy, green-chilli prices have started to rise again, reaching Tk 250 a kg on Friday. This marks a Tk 100-to Tk 120-per-kg increase in just three days. Onion, fish and some vegetables also showed price upticks, while egg prices declined in

Oil prices edge higher on US crude draw, tight global supply

Oil prices edge higher on US crude draw, tight global supply

US oil futures jumped to their highest in more than a year on Thursday as a drop in crude stocks in the United States added to worries over tight global supplies from OPEC+ output cuts, reports Reuters. Brent crude futures were up 36 cents to $96.91 a barrel after rising to the highest since Novem

Volkswagen restarts production after suffering major IT outage

Volkswagen restarts production after suffering major IT outage

Volkswagen said on Thursday that a major IT outage, which had caused most of its German plants to halt production, was resolved overnight and its global production network was up and running again. The incident, which VW said began at 10:30 GMT on Wednesday and was disclosed late that evening, imp

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