Business

Remittance inflows to Bangladesh slowed in September, with expatriates sending home $2.77 billion — the lowest monthly amount in 11 months. The figure was still 3 percent higher than the $2.69 billion received in September last year, according to updated Bangladesh Bank data released on Thursday. The slowdown marks a break from the record-setting pace seen earlier in the year. ...

By Matiar Chowdhury: London: The Bangladesh Caterers Association (BCA) hosted its prestigious ‘Chef of the Year Cook-off 2026’ last Tuesday at Hammersmith & Fulham College in West London, bringing together talented British-Bangladeshi chefs from across the United Kingdom. A total of 55 finalists, selected from hundreds of applicants nationwide, took part in the competition. Among the finalists were 11 female ...

BRAC Bank and Midway Securities Limited have signed a Transaction Banking Agreement to facilitate faster and more efficient financial transactions for capital-market investors through API-based digital banking solutions. Under the agreement signed in Dhaka on September 15, Midway Securities will use BRAC Bank’s API-based collection and payment solutions to streamline financial transactions for its customers. The integration is expected to ...

No merchant cost on Bangla QR transactions will take effect from Thursday (October 1), as merchants will no longer have to pay the 1 percent merchant discount rate (MDR), Bangladesh Bank spokesperson and Executive Director Arif Hossain Khan said on Wednesday (September 30). He made the announcement at a press conference at Bangladesh Bank, saying the decision was taken to ...

The government is set to sign an agreement to purchase 10 aircraft from European manufacturer Airbus as early as October, said Civil Aviation and Tourism Minister M Rashiduzzaman Millat on Tuesday. “We are buying Airbus aircraft. We are buying 10. InshaAllah, the agreement will be signed in October,” the minister told reporters at a press briefing at the Secretariat. His ...

QatarEnergy has informed Bangladesh, Pakistan, India and Italy that liquefied natural gas (LNG) supplies will remain suspended through the end of November amid the ongoing instability in the Middle East. Bloomberg reported Monday that concerns over LNG supplies to Asia and Europe have intensified as disruptions to fuel shipments through the Strait of Hormuz continue. QatarEnergy notified Bangladesh and Pakistan ...

Qatar has extended force majeure on liquefied natural gas (LNG) supplies to buyers in Asia and Europe by another month, citing disruption to fuel shipments through the Strait of Hormuz. Cargoes scheduled for Bangladesh and Pakistan could be cancelled until November, Bloomberg and Reuters reported, citing people familiar with the matter. State-owned QatarEnergy told buyers in Bangladesh and Pakistan this ...

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 ...