Business

Oil prices fell for a second day on Wednesday on expectations bottled up supply from the key Middle East producing region could resume flowing after US President Donald Trump indicated a possible peace deal may be reached to end the war with Iran. Brent crude futures for July fell $1.52, or 1.38%, to $108.35 per barrel as of 0103 GMT, ...

Gold prices in Bangladesh have been reduced by Tk2,158 per bhori, with the price of 22-carat gold now set at Tk240,336, according to the Bangladesh Jeweller’s Association (BAJUS). In a statement issued on Tuesday (5 May) morning, BAJUS said the new prices were fixed considering the overall market situation, particularly a decline in the price of pure gold (tejabi gold) ...

US Ambassador Brent T Christensen is leading a delegation of 25 Bangladeshi business leaders to the SelectUSA Investment Summit 3-6 May in Washington, DC. The delegation includes leaders representing energy, technology, agribusiness, engineering, and business services, reports a press release. The 2026 Summit, hosted by US Secretary of Commerce Howard Lutnick, is the premier destination for Foreign Direct Investment (FDI) ...

A bilateral Reciprocal Trade Agreement (RTA) between Bangladesh and the United States was signed on 9 February, just three days before Bangladesh’s national parliamentary election. The agreement has drawn widespread debate and criticism for what appears to be a highly asymmetrical set of obligations. Critics argue that the deal imposes extensive and binding commitments on Bangladesh, while placing comparatively minimal ...

Bangladesh has added four more environmentally certified ready-made garment (RMG) factories to its growing list of green industrial facilities, taking the total number of LEED-certified factories in the sector to 284. Of these, 121 factories have achieved the prestigious Platinum rating, while 144 hold Gold certification. The country now also boasts 52 factories among the world’s top 100 highest-rated LEED-certified ...

The government is set to face mounting financial pressure in the 2026–27 fiscal year, with external debt repayments expected to rise significantly amid growing economic challenges. According to sources from the Finance Division, the government’s expenditure on foreign debt servicing could reach nearly $5 billion in FY2026–27, up from an estimated $4.80 billion by the end of the current 2025–26 ...

Airfares for Indian expats in the UAE and wider Gulf are likely to rise as fuel costs surge, with airlines warning of knock-on disruptions in the weeks ahead. Travellers could also face reduced flight frequencies if Indian carriers cut capacity, as well as less flexibility when booking during peak periods. India has held jet fuel prices steady for domestic flights ...

The price of soybean oil has been hiked by Tk4 per litre, effective from Wednesday. Commerce Minister Khandaker Abdul Muktadir announced the hike at a press conference held at the ministry in Dhaka. Following the adjustment, the price of bottled soybean oil has been set at Tk199 per litre, up from Tk195, while unpackaged soybean oil has been fixed at ...

The US Federal Reserve is widely expected to hold interest rates steady on Wednesday after a key policy meeting, likely the last chaired by central bank chief Jerome Powell, a frequent target of President Donald Trump’s ire. Policymakers will weigh the risks of surging energy prices and snarled supply chains due to the US-Israel war on Iran, with analysts widely ...

Gold prices in Bangladesh have been reduced by Tk2,216 per bhori, with the price of 22-carat gold now set at Tk244,711, according to the Bangladesh Jeweller’s Association (BAJUS). In a statement issued on Tuesday (28 April) morning, BAJUS said the new prices were fixed considering the overall market situation, particularly a decline in the price of pure gold (tejabi gold) ...