Business

Britain is suspending the previously planned introduction of extra border checks on live animal imports from the European Union to ease trade ahead of the implementation of a deal agreed in May to reduce friction, the UK government said on Monday. Extra border checks on some animal and plant goods imported from Ireland will also be suspended. May’s sanitary and ...

The Anti-Corruption Commission (ACC) has filed a case against 20 people, including S Alam Group Chairman Mohammad Saiful Alam, on charges of embezzling Tk 80 crore from First Security Islami Bank. ACC Deputy Director Afroza Haque Khan lodged the case on Sunday at Chattogram District Integrated Office-1. The accused include former chairman of First Security Islami Bank Mohammad Saiful Alam, ...

Bangladesh’s economy is displaying renewed resilience, supported by a surge in digital transactions, improved external balances, and rising exports, according to the latest economic update from the General Economics Division (GED) of the Planning Commission. The GED report highlights strong momentum in mobile financial services (MFS), with year-on-year growth in transaction volumes across merchant payments and salary disbursements. March 2025 ...

Bangladesh received 1.14 billion US dollar in remittances in the first 13 days of August of the fiscal year 2025-26. According to the latest data from the Bangladesh Bank, the amount was 889 million dollar during the same period of the previous fiscal year. The central bank’s report, released Thursday (Aug 14), shows a significant year-on-year increase of 255 million ...

Asian stock markets saw mixed performance on Friday, with stronger-than-expected Japanese growth offset by weak Chinese economic data, while oil prices edged lower ahead of a key summit between US President Donald Trump and Russian President Vladimir Putin. Japan’s economy expanded by 0.3% in the April–June quarter, with the previous quarter’s output also revised upward—helping the world’s fourth-largest economy narrowly ...

UK economic growth slowed between April and June, according to official figures, but came in better than expected. The economy expanded by 0.3%, down from 0.7% in the first three months of the year, the Office for National Statistics said. The biggest contribution came from services while the construction industry also grew. The government has made boosting economic growth a ...

Bangladesh has recorded $1.054 billion in remittance inflows during the first 12 days of August, reflecting a strong 34% year-on-year growth and signaling renewed momentum in foreign exchange earnings. According to Arif Hossain Khan, Spokesperson and Executive Director at Bangladesh Bank, the figure marks a significant increase from $721 million received during the same period in August 2024—an additional $333 ...

Fashion accessories chain Claire’s has collapsed into administration in the UK and Ireland, putting 2,150 jobs at risk. The company has 278 shops in the UK and 28 in Ireland but has been struggling with falling sales and fierce competition. Claire’s said all outlets will continue trading while it considers “the best possible path forward”. Its administrators from Interpath and ...

The price of jet fuel used in aircraft has been increased for both domestic and international flights, according to a new announcement by Bangladesh Energy Regulatory Commission (BERC) on Wednesday. Effective from midnight, the price of jet fuel for domestic flights has been set at Tk 99.62 per litre, up from Tk 98.02. For international flights, the price has been ...

National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan has said the agency’s recent notice on zero-tax returns is intended to raise taxpayer awareness, not to intimidate anyone. “We do not want to scare taxpayers in any way. We simply want to make them aware,” he told a press conference on Tuesday at the Ministry of Finance’s multipurpose hall ...