Business

Bangladesh has received investment proposals worth nearly $1 billion in first five months of 2025, according to Bangladesh Investment Development Authority (BIDA). The information was shared on Tuesday by BIDA’s Head of Business Development, Nahian Rahman Rochi, during a media interaction at the BIDA auditorium in Dhaka. Rochi described the flow of proposals as a positive trend, noting that about ...

In a world where countless young people aspire to build a better life abroad, very few step forward to show the way with honesty, experience, and heart. Shimoul, a proud Bangladeshi now living in the United States, has become one such rare and remarkable figure. Not only has he carved his own path to success through relentless struggle and exploration, ...

Chinese property giant Evergrande’s shares were taken off the Hong Kong stock market on Monday after more than a decade and a half of trading. It marks a grim milestone for what was once China’s biggest real estate firm, with a stock market valuation of more than $50bn (£37.1bn). That was before its spectacular collapse under the weight of the ...

Bangladesh’s foreign exchange reserves have stood at US$30.87 billion. But, as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6), Bangladesh’s foreign exchange reserves stood at $25.87 billion, according to the latest data of the Bangladesh Bank (BB) released on Sunday.

Following the government’s decision to permit rice imports, a significant quantity of rice has begun entering Bangladesh through Hili land port in Dinajpur, after a nearly four-month pause. Within the past nine days alone, more than 14,500 metric tons of rice have arrived from India, easing market pressure and resulting in a price drop of Tk 2 to 3 per ...

The UK’s third-largest steelworks has been placed under government control, creating an uncertain future for nearly 1,500 workers in Rotherham and Sheffield. Insolvency courts granted a compulsory winding up order sought by creditors owed hundreds of millions of pounds by Speciality Steels UK (SSUK) – part of the Liberty Steel metals empire of controversial tycoon Sanjeev Gupta. The company, which ...

After a four-month pause, Bangladesh has resumed rice imports from India through Benapole Land Port. On Thursday night, nine trucks carrying a total of 315 metric tonnes (MTs) of rice entered yard No-31 of the port at around 9:30 pm, Shamim Hossain, director of Benapole Port, said on Friday. According to port sources, the last rice import through the port ...

Bangladesh received $1.64 billion in remittances from expatriate workers in the first 20 days of August, according to the latest data from Bangladesh Bank. This brings total remittances for the current fiscal year 2025–26 (July 1 to August 20) to $4.12 billion, marking a 19.6% increase compared to the same period last year, when $3.44 billion was sent. Remittances surged ...

UK government borrowing was lower than expected in July, following a rise in tax and National Insurance receipts. Borrowing – the difference between public spending and tax income – was £1.1bn in July, which was £2.3bn less than the same month last year, the Office for National Statistics (ONS) said. It was the lowest July figure for three years, the ...

Asian stock markets retreated on Wednesday, following a decline on Wall Street led by technology giants like Nvidia, which have benefited from the recent surge in artificial intelligence enthusiasm. Japan’s Nikkei 225 dropped 1.7% to 42,787.28 amid weakness in chip-related stocks. Exports from Japan fell slightly more than expected in July, pressured by higher U.S. tariffs. Key semiconductor equipment makers ...