Bus fares have been increased by 11 paisa per kilometre across Bangladesh following a recent rise in fuel prices. Road Transport and Bridges Minister Sheikh Robiul Alam announced the revised fares at Secretariat on Thursday, saying the new rates take effect immediately and apply only to diesel-run buses. Under the updated structure, fares for buses and minibuses in Dhaka and ...
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Young Chinese use AI to launch one-person firms over job anxiety
Young Chinese, many who fear age discrimination in their workplace after turning 35, are increasingly starting “one-person companies” that have artificial intelligence do most of the work. Smaller startups are already in vogue in Silicon Valley and elsewhere, with rapidly advancing AI tools seen as a welcome teammate even as they threaten layoffs at existing firms. More young people in ...
Read More »Stocks rise, oil near $100 as Trump extends Iran ceasefire
US stock futures rose and the dollar wavered on Wednesday after President Donald Trump said he would indefinitely extend the Iran ceasefire, keeping sentiment buoyed, although with the Strait of Hormuz still closed, oil prices stayed near $100. Trump’s announcement appeared to be unilateral, and it was not immediately clear whether Iran, or US ally Israel, would agree to extend ...
Read More »Remittance hits $2.12b in first 19-day April
Bangladeshi expatriates sent home $2.12 billion in the first 19 days of April alone, continuing a remarkable run of remittance growth that has seen the country break multiple records in recent months, according to data from Bangladesh Bank. The figure represents a jump of $408 million compared to the same period last year, when inflows stood at $1.71 billion, underscoring ...
Read More »Govt under ‘financial strain’!
The government is facing mounting financial pressure as revenue collection continues to fall short of expectations, widening the budget deficit. Instalments of loans from the International Monetary Fund (IMF) are also being delayed due to unmet conditions, leaving the state with limited fiscal space for expenditure. As a result, the government is increasingly relying on borrowing. It has already taken ...
Read More »Owners propose to hike long-distance bus fares
The Bangladesh Road Transport Owners’ Association has demanded a revision of bus and truck fares, citing an increase in diesel prices at the consumer level following the government’s readjustment of fuel prices in line with the global market. On Sunday, the association proposed raising the fare for long-distance buses from Tk2.12 per kilometre to Tk4.05 per kilometre. Bangladesh Road Transport ...
Read More »Foreign investment falls 18%
Foreign direct investment (FDI) in Bangladesh declined significantly by 18 percent in the final quarter of 2025, mainly due to political uncertainty during the closing period of the interim government. According to the latest data from Bangladesh Bank, net FDI stood at $108 million during October–December 2025, down from $132.81 million in the same period of 2024. Economists have attributed ...
Read More »IMF loan delay puts pressure on Bangladesh economy
The International Monetary Fund (IMF) has reportedly declined to release the next tranche of Bangladesh’s ongoing loan programme by June, citing the country’s failure to implement agreed reforms in the revenue and banking sectors. Instead, the IMF has proposed starting discussions on a new loan programme with additional conditions, according to officials familiar with the matter. The development is expected ...
Read More »Efforts underway to ensure fuel supply for June: State Minister
The government is working to ensure adequate fuel reserves to meet the country’s demand in June, State Minister for Power, Energy and Mineral Resources Anindya Islam Amit said on Friday. Speaking to journalists after visiting Eastern Refinery Limited in Chattogram, the state minister said country currently has sufficient fuel stocks for April and May, while preparations are ongoing to secure ...
Read More »Forex reserves stand at $35.04b
Bangladesh’s foreign exchange reserves stood at $35.04 billion, according to the latest data released by the Bangladesh Bank on Thursday. Under the International Monetary Fund’s (IMF) BPM-6 accounting method, the reserves stood at $30.37 billion, the BB added.
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