Business

Bangladesh’s foreign debt repayments hit $699 in July-August, nearly 137% higher than new foreign loan disbursements over the same period, according to data revealed by the Economic Relations Division on Sunday. Of the total serviced loan, $516.04 million was the principal amount, while $182.88 million was paid in interests. Meanwhile, foreign assistance disbursements plunged 61% year-on-year to $294.56 million, down ...

Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) President Mohammad Hatem and Pakistan High Commissioner to Bangladesh Imran Haider held a meeting at BKMEA office in the capital on Sunday. Several BKMEA directors were also present on the occasion, said a press release. Discussions focused on organising activities under the MoU between BKMEA and Pakistan Hosiery Manufacturers and Exporters Association (PHMA) ...

A US federal jury has ordered Apple to pay more than $5.7 billion to San Diego-based Taction Technology after finding that the tech giant infringed two of the company’s patents related to haptic feedback technology. The jury in California found on Friday that Apple’s Taptic Engine, which produces tapping and vibration effects in devices, infringed Taction’s patents used in iPhones ...

Bangladesh’s ready-made garment (RMG) exports to the United Kingdom reached $915.63 million in the first two months of fiscal year 2026-27, marking a 3.74 percent year-on-year increase. According to Export Promotion Bureau (EPB) data compiled by Bangladesh Apparel Voice, exports stood at $882.62 million during July-August of FY2025-26. The growth was driven mainly by a 10.53 percent rise in exports ...

Bangladesh is making a vibrant and successful participation in the fourth edition of the four-day Saudi Fashion and Tex Expo 2026, which formally began on Thursday at the Jeddah International Exhibition and Convention Centre in Saudi Arabia. The international trade fair is being held with financial support from the Export Promotion Bureau (EPB) and overall cooperation of the Ministry of ...

Banglalink has received approval from the Bangladesh Telecommunication Regulatory Commission (BTRC) to launch its Starlink Direct-to-Cell service, bringing mobile connectivity to places across Bangladesh beyond the reach of traditional mobile networks. With this service, Bangladesh becomes the first country in South Asia to introduce Starlink Direct-to-Cell connectivity, according to a press release. The service is designed to be simple and ...

US Ambassador in Dhaka Brent T Christensen on Wednesday welcomed Dhaka’s decision to procure 11 additional Boeing aircraft and congratulated Biman Bangladesh and the US aircraft producer as they are set to seal an agreement finalising the procurement in New York. “Congratulations to Boeing and Biman on the agreement to purchase 11 more of the world’s best commercial planes,” he ...

The Dhaka Stock Exchange (DSE) will fully reimburse investments of up to Tk5 lakh to affected investors of five defaulted brokerage houses from its Investors Protection Fund (IPF), with payments set to begin on 28 September. The investors selected for reimbursement in the initial stage were clients of Mosihor, Banco, Crest, Tamha and Sunrise Securities. The 17,925 investors have together ...

Bangladesh earned $38.8 billion from garment exports in the 2025-26 fiscal year, accounting for 9.1% of the global apparel export market, according to an Export Promotion Bureau (EPB) report. The report divides Bangladesh’s ready-made garment exports into three categories, with knitwear accounting for 54% of the country’s total apparel exports. Knitwear products include T-shirts, sweaters and undergarments, while the woven ...

The Bangladesh Road Transport Owners Association has proposed increasing bus fares by Tk 0.20 per kilometre following the recent hike in fuel prices. The proposal was placed at a meeting with the Bangladesh Road Transport Authority (BRTA) held at its Banani office on Monday (September 21) afternoon. Representatives of bus owners, workers and other stakeholders attended the meeting. Under the ...