Business

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 ...

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 ...