The Asian Development Bank (ADB) will organize a Business Opportunities Seminar (BOS) on November 12, 2025 at the Bangladesh China Friendship Conference Center (BCFCC) in the capital. The BOS will be held in Dhaka with active support from the Economic Relations Division (ERD) in collaboration with relevant government agencies. The BOS will highlight key ongoing and upcoming business opportunities under ...
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Remittance hits $584M in first 5 days of Nov
Bangladesh received remittances worth $584 million in the first five days of November, averaging $116.8 million per day, according to Bangladesh Bank Executive Director and Spokesperson Arif Hossain Khan. He said that the inflow during the same period last year was $421 million, indicating a significant year-on-year increase. On November 5 alone, expatriates sent $123 million in remittances. From July ...
Read More »Asian markets rebound as Wall Street rally eases economic worries
Asian markets rose on Thursday, recouping part of Wednesday’s steep losses as investors cheered a Wall Street bounce sparked by strong US jobs data and easing concerns about the economy. Investor sentiment improved after ADP payroll figures showed US private sector employment jumped far more than expected last month, following an unexpected decline the month before. Separate data also indicated ...
Read More »Share trading of 5 Islamic banks suspended
Dhaka Stock Exchange (DSE) has suspended share trading of five Islamic banks that are in the process of merging. The five banks are First Security Islami Bank, Social Islami Bank (SIBL), Exim Bank, Global Islami Bank and Union Bank, according to a DSE notice on Thursday. The country’s two stock exchanges informed the matter to investors this morning. The suspension ...
Read More »Adani Power opts for arbitration to settle payment dispute with Bangladesh
India’s Adani Power said on Monday it has opted for an international arbitration process to resolve disputes over Bangladesh’s power supply payments. The company led by Indian billionaire Gautam Adani has been at loggerheads with Bangladesh Power Development Board over pending payments for the electricity it supplies as part of a pact that both sides had signed in 2017, reports ...
Read More »Remittance inflow sees 15.5pc growth till Nov 2
Inflow of remittances witnessed 15.5 percent (pc) growth, reaching US$10,368 million during the period from July 1 to November 2, 2025, which was $8,980 million during the same period of the previous fiscal year. According to the latest data of Bangladesh Bank (BB) issued on Monday, during the first two days of November 2025, expatriates sent remittances of $219 million, ...
Read More »12-kg LPG cylinder price cut by Tk 26
Bangladesh Energy Regulatory Commission (BERC) has announced a Tk 26 reduction in the price of a 12-kg LPG cylinder for Nobvemer 2025. Effective from 6 PM on November 2, the new price of a 12-kg cylinder is Tk 1,215, down from Tk 1,241 in October. BERC Chairman Jalal Ahmed said the price adjustment aligns with ARAMCO international LPG price for ...
Read More »BIDA undertakes major reform to streamline investment services in Bangladesh
The Bangladesh Investment Development Authority (BIDA), the government’s apex investment promotion agency, has announced a significant internal restructuring to better align its operations with the investor lifecycle, aiming to make Bangladesh a more competitive investment destination. The reform is part of the broader 32-point investment climate agenda, which seeks to attract both foreign and domestic investment through more efficient, transparent, ...
Read More »Pound heads for worst monthly performance since July
The pound headed for its worst performance against the dollar since July on Friday, while also wallowing at 2-1/2-year lows against the euro, reflecting growing investor nervousness about the outlook for UK government finances. Sterling GBP, which has fallen 2.3 percent in October, set for its biggest monthly decline since July and the second-largest this year, was down another 0.11 ...
Read More »‘It’s my only income’: Home baker battles Newham Council over cake business ban
A baker is fighting Newham Council’s order to stop running her business from her home. Fatima Yusuf says she has been running her cake business, The Bakeress, since 2010 from her home kitchen in Claremont Road, Forest Gate, where she lives with her mum. But now the council has ordered her to stop as she doesn’t have planning permission. Fatima ...
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