Business

Small parcels shipped from China to the UK that aren’t subject to import taxes more than doubled in value last year, as British businesses complain of unfair competition. These small packages rose in value from £1.3bn in 2023-24 to around £3bn in the latest financial year, exclusive data obtained by the BBC shows. Chinese e-commerce giants such as Shein and ...

The government has set a minimum price of Tk 22 per kilogram for potatoes at cold storage gates and announced plans to procure 50,000 metric tons for storage and controlled release, officials said on Wednesday. The decision comes amid rising concerns that current market prices are falling below production costs, pushing farmers into financial losses. A four-member review committee has ...

NOVOAIR, one of the country’s private airlines, has announced an additional 20 kg of baggage for free to the passengers going for Umrah and students traveling abroad. Passengers will be able to carry 40 kg of baggage in their checked-in baggage on domestic routes, said a press release issued today (27 August). Generally, passengers are allowed to carry 20 kg ...

Bangladesh has received investment proposals worth nearly $1 billion in first five months of 2025, according to Bangladesh Investment Development Authority (BIDA). The information was shared on Tuesday by BIDA’s Head of Business Development, Nahian Rahman Rochi, during a media interaction at the BIDA auditorium in Dhaka. Rochi described the flow of proposals as a positive trend, noting that about ...

In a world where countless young people aspire to build a better life abroad, very few step forward to show the way with honesty, experience, and heart. Shimoul, a proud Bangladeshi now living in the United States, has become one such rare and remarkable figure. Not only has he carved his own path to success through relentless struggle and exploration, ...

Chinese property giant Evergrande’s shares were taken off the Hong Kong stock market on Monday after more than a decade and a half of trading. It marks a grim milestone for what was once China’s biggest real estate firm, with a stock market valuation of more than $50bn (£37.1bn). That was before its spectacular collapse under the weight of the ...

Bangladesh’s foreign exchange reserves have stood at US$30.87 billion. But, as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6), Bangladesh’s foreign exchange reserves stood at $25.87 billion, according to the latest data of the Bangladesh Bank (BB) released on Sunday.

Following the government’s decision to permit rice imports, a significant quantity of rice has begun entering Bangladesh through Hili land port in Dinajpur, after a nearly four-month pause. Within the past nine days alone, more than 14,500 metric tons of rice have arrived from India, easing market pressure and resulting in a price drop of Tk 2 to 3 per ...

The UK’s third-largest steelworks has been placed under government control, creating an uncertain future for nearly 1,500 workers in Rotherham and Sheffield. Insolvency courts granted a compulsory winding up order sought by creditors owed hundreds of millions of pounds by Speciality Steels UK (SSUK) – part of the Liberty Steel metals empire of controversial tycoon Sanjeev Gupta. The company, which ...

After a four-month pause, Bangladesh has resumed rice imports from India through Benapole Land Port. On Thursday night, nine trucks carrying a total of 315 metric tonnes (MTs) of rice entered yard No-31 of the port at around 9:30 pm, Shamim Hossain, director of Benapole Port, said on Friday. According to port sources, the last rice import through the port ...