Business

Bangladesh Bank (BB) Governor Dr. Ahsan H. Mansur has expressed optimism that the country’s inflation rate will decline to 7% by September this year. Speaking at a post-budget press conference held Tuesday at Osmani Memorial Auditorium in Dhaka, the newly appointed governor said inflationary pressures are easing, and if the trend continues, interest rates may also be reduced. “One of ...

The OECD slashed its annual global growth forecast on Tuesday, warning that US President Donald Trump’s tariffs blitz will stifle the world economy — hitting the United States especially hard. After 3.3 percent growth last year, the world economy is now expected to expand by a “modest” 2.9 percent in 2025 and 2026, the Paris-based Organisation for Economic Co-operation and ...

Energy Regulatory Commission (BERC) lowered the price of Liquified Petroleum Gas (LPG) by Tk 28 for a 12-kilogram cylinder for the month of June. The price is set at Tk 1403, down from Tk 1,431 last month. The new price would come into effect from Monday (June 2) evening, according to the Bangladesh Energy Regulatory Commission (BERC). Chairman Jalal Ahmed ...

There are numerous models of mobile phones available in the market. As a result, choosing the right phone has become quite challenging. With so many options, camera, processor, design, and mobile price – many people are hesitant about which phone will be the best. It is important to know several things to find the best mobile phone according to the ...

Bangladesh Bank on Sunday officially introduced a redesigned series of banknotes, notably excluding the portrait of Bangabandhu Sheikh Mujibur Rahman, a longstanding feature of the country’s currency. The move follows the recent political developments widely referred to as the “July Revolution.” The central bank began limited distribution of the new Tk 20, Tk 50, and Tk 1,000 notes from its ...

The Forum Panel, led by Mahmud Hasan Khan (Babu), secured a landslide victory in the biennial election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), winning 31 out of 35 director posts, according to final results announced by the election commission. The election was held simultaneously on Saturday at two centres—Dhaka and Chattogram. Of the Forum’s 31 victories, 25 ...

The government has announced another round of fuel price adjustments, reducing the prices of diesel, petrol, and octane while increasing the price of kerosene. The new rates, effective from June 1, were published in a notification by the Ministry of Power, Energy, and Mineral Resources on Saturday. According to the latest pricing: diesel has been reduced by Tk 2, now ...

A daylong ‘Bangladesh-China Conference on Investment and Trade’ will be held on Sunday (June 1) at “Biniyog Bhaban” (Investment Building) in the city as part of efforts to attract foreign investment. Bangladesh Economic Zones Authority (BEZA) and Bangladesh Investment Development Authority (BIDA) are going to jointly organise the event, reports BSS. Chief Adviser Professor Muhammad Yunus is scheduled to inaugurate ...

Bangladesh Bank has directed all scheduled banks in the country to ensure a smooth flow of financial transactions during the upcoming Eid-ul-Azha holiday by maintaining sufficient funds in ATM booths. Additionally, several measures have been outlined to guarantee seamless operations for Point of Sale (POS), e-payment gateways, and Mobile Financial Services (MFS). The Payment Systems Department of Bangladesh Bank sent ...

The government has fleshed out its plans for reforming the UK pension industry, including the creation of £25bn “megafunds” which will be instructed to make a portion of their investments locally to help fuel economic growth. The chancellor said the overhaul, designed to follow the example of Australia and Canada’s huge pension investment funds, would also boost people’s pension pots. ...