Business

The government has announced that fuel prices will remain unchanged for the month of August, in line with the newly revised pricing formula and guidelines, according to a statement issued by the Ministry of Power, Energy and Mineral Resources on Thursday. Starting August 1, the fuel prices will continue as follows: Diesel: Tk 102 per litre Kerosene: Tk 114 per ...

Bangladesh has successfully secured a 20% US tariff rate; comparable to its key apparel, matching key competitors such as Sri Lanka, Vietnam, Pakistan and Indonesia, all of which received rates between 19% and 20%. According to Chief Adviser’s press wing, the outcome ensures that Bangladesh’s relative competitiveness in the global apparel market remains intact. In contrast, India was assigned a ...

The US has cut tariffs on Bangladeshi imports to 20 percent, a move that poses no threat to Bangladesh’s exports to the US, according to Trade Adviser Sheikh Bashir Uddin. Chief Adviser’s Press Secretary Shafiqul Alam shared the trade adviser’s remarks in a Facebook post on Friday morning. He quoted Bashir Uddin as saying, “The 20 percent tariff keeps us ...

Gold purchases surged in Iran during the second quarter of the year, driven in part by a 12-day conflict with Israel, according to a report released Thursday by the World Gold Council. Despite high global prices, gold sales in Iran rose by 20 percent compared to the same period last year. The report highlighted a six-year high in demand for ...

Trading at the Dhaka Stock Exchange (DSE) started positively on Wednesday, the fourth working day of the week, with the benchmark index showing early gains. Meanwhile, the Chittagong Stock Exchange (CSE) recorded a slight decline. In the first two hours of trading, the DSEX, DSE’s key index, rose by 19 points. The Shariah-based DSES index gained 3 points, and the ...

Hong Kong-based Handa Industries has unveiled plans to invest USD 250 million in Bangladesh’s textile and garment sector, a move set to generate 25,000 jobs and strengthen industrial cooperation between the two nations. The announcement came during a meeting between Handa Industries Chairman Han Chun and Chief Adviser (CA) Professor Muhammad Yunus at the State Guest House Jamuna on Tuesday. ...

Chinese and US officials concluded the first day of renewed trade negotiations in Stockholm on Monday, as the world’s two largest economies seek to extend a fragile truce in their ongoing tariff war under the leadership of US President Donald Trump. The closed-door meeting, held in Sweden’s Rosenbad building—home to the Swedish government—ended shortly before 8:00 pm local time, with ...

Bangladesh received $2.09 billion in remittances in the first 27 days of July—the opening month of the 2025–26 fiscal year—marking a 33.6% increase compared to the same period last year. Arif Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank, confirmed the data on Sunday. In the same period of FY 2024–25, remittance inflows stood at $1.57 billion, according to ...

Top economic officials from the United States and China are set to resume negotiations Monday in Stockholm, with the potential extension of lowered tariffs on the table. The talks come at a pivotal moment for President Donald Trump’s trade policy, as a series of temporary trade truces and looming deadlines could reshape global economic ties by the end of the ...

The U.S. Federal Reserve is widely expected to leave interest rates unchanged at its upcoming policy meeting this week, despite mounting political pressure from President Donald Trump and growing concerns about the economy. The central bank, which has held its benchmark lending rate steady at 4.25% to 4.50% since the start of the year, is taking a cautious, data-driven approach ...