Business

Bangladesh is set to sign a new country partnership framework agreement with the World Bank (WB), with a government delegation scheduled to hold talks with the global lender within the next two to three weeks to finalise the terms. “Although there are no major disagreements over the fundamental policy issues, the two sides will determine the final details through discussions ...

Bangladesh’s foreign exchange reserves rose to $36.308 billion as expatriate Bangladeshis sent $1.516 billion in remittances during the first 14 days of October. According to the latest Bangladesh Bank data, remittance inflows during the period were 12.2% higher than the $1.351 billion received in the same period last year. The country received $111 million in remittances on October 14 alone, ...

Samsung has reportedly raised the prices of its Galaxy A27 5G, Galaxy M47 5G and Galaxy F70 Pro 5G smartphones in India by Rs 2,000 across all variants amid an ongoing RAM and storage shortage. According to Gizmochina reports, the revised prices took effect on October 11, making the three handsets more expensive for buyers. The Galaxy A27 5G now ...

No harmful heavy metals, including lead, were found in soybean oil sold in Bangladesh, Industries, Commerce and Textiles and Jute Minister Khandaker Abdul Muktadir said on Wednesday (October 14), citing around 193 tests conducted on different brands. Speaking at an event marking World Standards Day at the Officers’ Club in Dhaka, the minister said the tests were conducted following media ...

The International Monetary Fund (IMF) has cut its forecast for Bangladesh’s economic growth to 3.2% for fiscal year 2027, down from the 4.3% projected in April. In its latest World Economic Outlook report, released on Tuesday, the IMF said the global economy was once again proving resilient, “but unevenly so”. The report identified two major transformative forces — geopolitics and ...

The UK economy is forecast to grow by more than previously expected this year before higher energy prices and interest rates hit the economy in 2027, the International Monetary Fund (IMF) said. The organisation’s latest report, which is closely watched by the government, said the UK economy would expand by 1.3% in 2026, up from the 1% it predicted in ...

The World Bank is ready to provide necessary support to Bangladesh as the government works to restore economic stability and implement its development plans, Finance Minister Amir Khasru Mahmud Chowdhury has said. However, no final decision has been made on an additional $10 billion in assistance. The minister made the remarks while speaking to journalists after a meeting with a ...

Chancellor John Healey faces having to find £35bn to avoid cuts to public spending while meeting defence promises in his first Budget, an influential think tank has warned. The Institute for Fiscal Studies (IFS) said that if the government wants to raise defence spending to 3% of national income by 2030 and lift health spending without squeezing other departments, it ...

A high-level delegation of the Military Engineer Services (MES) has praised Walton Hi-Tech Industries PLC for its manufacturing capacity, technological capabilities and research activities, emphasising the importance of prioritising locally made products. Led by Major General Hasan Uz Zaman, Engineer-in-Chief of MES, the delegation visited Walton’s headquarters in Chandra, Gazipur, where it observed the company’s manufacturing facilities, product range and ...

By Matiar Chowdhury:   The Bangladesh Caterers Association (BCA) has shortlisted 48 restaurants from across the United Kingdom for its prestigious Restaurant of the Year 2026 competition, following a rigorous selection process involving hundreds of entries. The winners will be announced at the 19th BCA Awards ceremony on November 1, 2026, at the five-star Park Plaza Westminster Bridge Hotel in ...