Business

A Singapore-bound Biman Bangladesh Airlines flight made an emergency landing in Dhaka on Friday morning following a technical glitch shortly after takeoff. All 154 passengers and seven crews were safe, officials of Hazrat Shahjalal International Airport (HSIA) said. The Boeing 737-800 aircraft, operating as flight BG 584, departed HSIA at 8:38 AM, and upon reaching an altitude of around 2,500 ...

Bangladesh’s foreign exchange reserves rose to $30.51 billion on Thursday, marking a significant improvement in the country’s external financial position, according to data from Bangladesh Bank. However, central bank officials noted that under the IMF’s Balance of Payments and International Investment Position Manual (BPM6), the reserves stand at $25.51 billion. Of this, the usable portion is calculated at $19.80 billion. ...

Most global stock markets fell Thursday while oil prices edged higher for a second consecutive day. Investors remained cautious amid fragile Iran-Israel ceasefire developments and fresh remarks from US President Donald Trump suggesting he is preparing to replace Federal Reserve Chair Jerome Powell, raising expectations for interest rate cuts. Market sentiment was also dampened by ongoing uncertainty around the US ...

The price of gold has been revised downward for the first time in weeks, following four consecutive hikes, according to the Bangladesh Jewellers Association (BAJUS). In a press release issued Tuesday night, BAJUS announced that the price of 22-carat gold has been reduced by Tk 1,668 per bhori (equivalent to 11.664 grams), bringing the new rate to Tk 172,860 per ...

Bangladesh’s foreign currency reserves have seen a significant rise, crossing $27 billion mark, driven by renewed remittance inflows and a recent disbursement from International Monetary Fund (IMF). According to the latest data from Bangladesh Bank, the country’s gross foreign exchange reserves currently stand at $27.30 billion, marking a notable increase from previous levels. When calculated under the Balance of Payments ...

Officially, Google Pay launched in Bangladesh, ushering in a new era of seamless digital transactions for consumers. City Bank customers will be able to add their Mastercard or Visa cards to Google Wallet to use the Google Pay payment mechanism. Ahsan H. Mansur, Governor of Bangladesh Bank, launched the services at a programme held at a hotel in the capital ...

In light of the ongoing global situation, the United Arab Emirates, Kuwait, Bahrain and Qatar have temporarily closed their airspace. For this, schedules of several flight from Dhaka to these destinations have been changed and some flights have been temporarily disrupted. Specially, authorities changed the flights schedules on Sharjah, Bahrain, Kuwait, Doha, Abu Dhabi and Dubai routes. These flights have ...

Bangladesh has made a notable impact at this year’s China-South Asia Expo, demonstrating its growing commitment to regional economic cooperation and trade expansion, report UNB. The country’s significantly expanded presence reflects a strategic push to strengthen partnerships across South Asia and beyond. Compared to previous years, Bangladesh’s participation has seen a sharp increase. “Last year, Bangladesh had fewer than 10 ...

Remittance inflow from overseas Bangladeshis reached nearly Tk 22,700 crore in the first 18 days of June, according to Bangladesh Bank. The country received about 1.86 billion dollars through official banking channels during this period, averaging 103.3 million dollars daily. Since the start of the current fiscal year in July 2024, total remittance has crossed 29.36 billion dollars, up 27.3 ...

In Bangladesh’s thriving garment sector, where sustainability and global competitiveness are increasingly critical, Blue Dream Group stands out as a model of responsible success. With over 16 years of industry experience and a clear commitment to ethical manufacturing, the company has solidified its place as a trusted partner for clients worldwide. Founded in 2010 by visionary entrepreneur KSM Shopnill Chowdhury ...