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 ...
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Bangladesh to get $250m investment from Hong Kong-based Handa
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. ...
Read More »US, China resume trade talks in Stockholm amid pressure to extend tariff truce
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 ...
Read More »Remittance tops $2bn in first 27-day of July
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 ...
Read More »US, China resume trade talks in Stockholm as tariff truce deadline looms
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 ...
Read More »Fed expected to hold interest rates steady amid Trump pressure, economic uncertainty
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 ...
Read More »Government considering having borrowing assessed once a year
The UK government is considering having the public finances formally assessed only once a year following a suggestion from the International Monetary Fund (IMF). The global economic watchdog said the change could avoid “overly frequent” switches in policy to meet the government’s borrowing rules. The UK’s independent forecaster – the Office for Budget Responsibility (OBR) – currently assesses if the ...
Read More »Bangladesh’s forex reserves stand at $30 billion, $24.99 billion under IMF method
Bangladesh’s foreign exchange reserves currently stand at $30 billion, according to Bangladesh Bank. However, based on the International Monetary Fund’s (IMF) Balance of Payments and International Investment Position Manual (BPM6) methodology, the reserves are calculated at $24.99 billion, the central bank said in a press release issued today.
Read More »Bangladesh Bank withdraws dress code instruction
Bangladesh Bank has withdrawn its earlier direction regarding employees’ attire following widespread criticism. According to spokeperson Arif Hossain Khan, executive director of the bank, it was just a proposal at departmental meetings considering the social context of all levels of officers and employees. No official order or formal policy decision was issued regarding the matter. ”When the matter was known ...
Read More »US, Indonesia strike critical mineral and tariff deal; Trump hails ‘huge win’
The United States and Indonesia have reached a major trade agreement aimed at easing export restrictions on critical minerals and lowering tariffs, the White House announced Tuesday. President Donald Trump called the deal a “huge win” for American companies. As part of the agreement, the US will reduce a previously threatened 32% tariff on Indonesian goods to 19%. However, goods ...
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