Business
Coca-Cola to invest $200 million in Bangladesh
The Coca-Cola company has taken a plan to invest $200 million in Bangladesh over the next five years.
G-7 major economies pledge cooperation to deal with virus
Seven major economies pledged to use "all appropriate tools" to deal with the spreading coronavirus but announced no immediate actions.
Smartphone market surges 4.1pc on optimism
According to a report published by International Data Corporation’s (IDC) Worldwide Quarterly Mobile Phone Tracker, 4Q19, Bangladesh’s mobile phone market returned to growth in 2019 with a 4.1 percent annual growth, shipping 29.6 million units during the year.
Walton begins exporting ACs to India
Bangladeshi electronics brand ‘Walton’ has recently started exporting air conditioners to the neighboring country India.
Wine, cars: businesses go online as virus hits trade shows
Fine wines and hipster gin. Hunting rifles and knives. Contemporary paintings and million-dollar sports cars. They're all marketed at trade events that are quickly going dark across the globe due to the new coronavirus - and taking with them sales opportunities that may be difficult to make up.
PRAN UP, Daraz to launch recharge offer
Country’s beverage brand PRAN Up and e-commerce site Daraz.com is going to launch a new offer to the customers titled ‘PRAN UP Daraz Top Up Offer’.
Tokyo falls back, other Asian markets track Wall St gains
Shares in most Asian markets tracked overnight gains on Wall Street, but Tokyo's benchmark fell back Tuesday as gnawing concerns over the virus outbreak chilled buying sentiment.
Malaysian central bank cuts key rate to counter slowdown
Malaysia's central bank reduced its key overnight policy rate by 0.25 percentage points to 2.5% on Tuesday, citing worsening economic conditions from the virus outbreak in a growing number of countries.
Dow surges 5% on hopes for central bank help on the economy
The Dow Jones Industrial Average soared nearly 1,300 points, or 5%, Monday as stocks roared back from a seven-day rout on hopes that central banks will take action to shield the global economy from the effects of the coronavirus outbreak.
New virus hits Mideast airlines with $100M loss, group says
Major travel disruptions due to the new coronavirus have already caused the equivalent of a roughly $100 million loss to airlines in the Middle East, which serves as a connection hub for east-west travel, the industry's main trade association said Monday.