Business

Bangladesh received $1.64 billion in remittances from expatriate workers in the first 20 days of August, according to the latest data from Bangladesh Bank. This brings total remittances for the current fiscal year 2025–26 (July 1 to August 20) to $4.12 billion, marking a 19.6% increase compared to the same period last year, when $3.44 billion was sent. Remittances surged ...

UK government borrowing was lower than expected in July, following a rise in tax and National Insurance receipts. Borrowing – the difference between public spending and tax income – was £1.1bn in July, which was £2.3bn less than the same month last year, the Office for National Statistics (ONS) said. It was the lowest July figure for three years, the ...

Asian stock markets retreated on Wednesday, following a decline on Wall Street led by technology giants like Nvidia, which have benefited from the recent surge in artificial intelligence enthusiasm. Japan’s Nikkei 225 dropped 1.7% to 42,787.28 amid weakness in chip-related stocks. Exports from Japan fell slightly more than expected in July, pressured by higher U.S. tariffs. Key semiconductor equipment makers ...

Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of air fares and food. That means inflation is at its highest level since January 2024 and still far above the Bank of England’s target of 2%. The cost of eating out, as well as food and non-alcoholic beverages more ...

The Malaysian government will hire 24.68 lakh foreign workers under its calling visa program, with applications open until December 31, 2025. The announcement was made on Tuesday, August 19, by Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, and widely reported across Malaysian media. Saifuddin said foreign workers will be recruited across 13 sub-sectors, including agriculture, plantations, and mining. Other ...

Asian markets showed minimal movement on Tuesday, following a muted session on Wall Street and renewed geopolitical attention as US President Donald Trump reported “very good” talks with Ukrainian and European leaders aimed at ending the three-year war in Ukraine. Markets were cautiously optimistic after Trump revealed he had spoken by phone with Russian President Vladimir Putin—just days after the ...

Britain is suspending the previously planned introduction of extra border checks on live animal imports from the European Union to ease trade ahead of the implementation of a deal agreed in May to reduce friction, the UK government said on Monday. Extra border checks on some animal and plant goods imported from Ireland will also be suspended. May’s sanitary and ...

The Anti-Corruption Commission (ACC) has filed a case against 20 people, including S Alam Group Chairman Mohammad Saiful Alam, on charges of embezzling Tk 80 crore from First Security Islami Bank. ACC Deputy Director Afroza Haque Khan lodged the case on Sunday at Chattogram District Integrated Office-1. The accused include former chairman of First Security Islami Bank Mohammad Saiful Alam, ...

Bangladesh’s economy is displaying renewed resilience, supported by a surge in digital transactions, improved external balances, and rising exports, according to the latest economic update from the General Economics Division (GED) of the Planning Commission. The GED report highlights strong momentum in mobile financial services (MFS), with year-on-year growth in transaction volumes across merchant payments and salary disbursements. March 2025 ...

Bangladesh received 1.14 billion US dollar in remittances in the first 13 days of August of the fiscal year 2025-26. According to the latest data from the Bangladesh Bank, the amount was 889 million dollar during the same period of the previous fiscal year. The central bank’s report, released Thursday (Aug 14), shows a significant year-on-year increase of 255 million ...