Business

The International Monetary Fund said Wednesday that it had reached a staff-level deal with Ivory Coast authorities, paving the way towards disbursements amounting to about $740 million. The announcement comes after reviews of the country’s economic reform program and its climate change reform program, the IMF said in a statement. Authorities continue making “great strides” towards objectives that include reducing ...

A “commercial solution” for British Steel is “within reach” according to Culture Secretary Lisa Nandy, as the government considers nationalising the Chinese-owned business. Nandy told the BBC that British Steel – which employs 2,700 people – will “continue to be an important part of our economy for years to come” and an agreement over its future was “achievable and within ...

ASEAN must take “bold” steps to accelerate regional economic integration, according to the bloc’s Secretary-General Kao Kim Hourn, as escalating US tariffs disrupt global trade. Speaking at an investment conference in Kuala Lumpur, he emphasized that ASEAN nations, heavily reliant on the United States as their main export market, have been deeply affected by President Donald Trump’s tariffs. Kao called ...

The government approved separate proposals for procuring some 1.20 crore liters of soybean oil and 10,000 metric tons of lentils to meet the growing demand for the country at the total cost of Tk 280.14 crore. The approvals came from the 14th meeting of the Advisers Council Committee on Government Purchase in this year held on Tuesday (April 8) at ...

The interim government of Bangladesh has issued new, stricter guidelines concerning official foreign travel by public servants. The directive, which introduces several revisions, aims to ensure the necessity of such trips while simplifying the approval process. According to a circular issued by the Office of the Chief Adviser on March 23, all government officials must now clearly establish the relevance ...

The price of Liquefied Petroleum Gas (LPG) will remain unchanged for the current month (April), according to Bangladesh Energy Regulatory Commission (BERC) announcement on Sunday. It said the price of 12 kg LPG cylinder will be sold at Taka 1,450 at retailer level. The new price will be effective from Sunday and all licenses of LPG marketing companies will implement ...

Bangladesh received a record-high US$3.29 billion in inward remittances in March 2025, marking the highest monthly inflow in the country’s history. According to the latest data from Bangladesh Bank, remittance inflows in March saw a staggering 64.7 percent year-on-year growth, compared to $1.99 billion in March 2024, reports UNB. During the first nine months (July–March) of the current fiscal year ...

Trade with India through Benapole land port resumed on Saturday after an 8-day of suspension on the occasion of Eid-ul-Fitr holidays. Benapole Port has returned to its busy operational rhythm with the resumption of import-export activities, said Benapole Checkpost Immigration Police Officer-in-ChargeIbrahim Ahmed. Although the trade was halted during the Eid holidays the movement of passport passengers remained normal. Unlike ...

President Donald Trump on Friday vowed to stick to his policies as new US tariffs triggered sharp falls in global stock markets, and he pledged investors in the country would benefit, reports AFP. “To many investors coming into the United States and investing massive amounts of money, my policies will never change,” Trump said on Truth Social. “This is a ...

Another consignment of 10,850 metric tonnes (MTs) of Indian parboiled rice arrived at the country’s premier seaport, Chattogram Port on Thursday. A vessel ‘MV HT UNITE’ carrying the consignment docked at the port, said a media release sent from the Ministry of Food. Earlier, Bangladesh decided to import 500, 000 MTs of rice from India through international open tenders. Meanwhile, ...