Business is war.
India’s Eighth Pay Commission remains unformed nearly 10 months after approval, prompting central employee organizations to press for immediate action. The Central Secretariat Service Forum wrote to the Prime Minister, noting that the Seventh Pay Commission received nearly two years for study before implementation, while the current commission faces a December 2025 deadline with no…
Bangladesh and Pakistan have signed an agreement to expand cooperation in halal-certified product trade. The two nations finalized the deal on Monday at the 9th Bangladesh-Pakistan Joint Economic Commission meeting in Dhaka. The accord establishes a partnership between the Bangladesh Standards and Testing Institution and the Pakistan Halal Authority. Maqsura Noor, from Bangladesh’s Ministry of…
Pakistan’s petroleum minister met with Bangladesh trade officials on Monday to discuss expanding commercial ties between the nations. Ali Pervaiz Malik told Adviser Sk. Bashir Uddin believes that both countries have significant opportunities for increased investment and commerce. The officials agreed to strengthen the Bangladesh-Pakistan Joint Economic Commission after more than 15 years of limited…
Tea sales this week attracted solid interest from buyers as most varieties maintained stable prices. The market received support from primary customers, though demand from loose tea purchasers declined compared to recent weeks. Traders offered 49,421 packages of CTC leaf with strong buyer participation across categories. Well-made broken leaf teas held firm prices with limited…
Mongla Port handled 255 foreign commercial vessels in the first 117 days of fiscal year 2025-26, according to port authority officials. The southwestern facility processed 4.7 million tons of cargo between July 1 and Oct. 25, with 18 ships delivering 10,608 container units and 10 vessels importing 3,253 automobiles. Deputy Director Muhammad Makruzzaman said government…
Bangladesh’s stock exchanges fell on Monday as investors sold shares in major companies. The Dhaka Stock Exchange broad index dropped 40.1 points to close at 5,087, while trading volume declined 14.6 percent to 3.9 billion taka from 4.6 billion taka in the prior session. Pharmaceutical stocks recorded the highest trading activity, accounting for 13.6 percent…
Bangladesh needs better-trained workers to adapt to rapid technological changes driven by the Fourth Industrial Revolution, experts said at a roundtable discussion on Monday. The National Skills Development Authority plans to send 100,000 trained workers to Japan and will prioritize programs for women. Business leaders warned that artificial intelligence will transform one-quarter of jobs within…
The European Central Bank will likely maintain its deposit rate at 2 percent on Thursday after three consecutive decisions to leave borrowing costs unchanged. Inflation has stabilized near the bank’s target while the eurozone shows signs of economic improvement following concerns about American tariffs. President Christine Lagarde said in September the bank holds a strong…
Asian stock markets jumped on Monday after United States and Chinese negotiators made progress toward resolving their trade dispute. Treasury Secretary Scott Bessent said Washington will not impose an additional 100 percent tariff on Chinese products following weekend discussions in Malaysia. Chinese Vice Premier He Lifeng described the talks as constructive and said both nations…
South Korea will begin negotiations with ASEAN to upgrade its free trade agreement, as both parties aim to reach $300 billion in annual trade by 2029. The Ministry of Trade, Industry and Resources announced the plan after President Lee Jae Myung attended the Korea-ASEAN summit in Malaysia, where leaders agreed to modernize the pact signed…
