- Consensus Commission aims for national reform agreement by mid-July
- Bangladesh strongly condemns attacks on Gaza, calls for ceasing military operations
- Exports witness 11.44% growth in March
- Trump says he’s not backing down on tariffs
- Policeman dispersed protesters without charging baton to get President’s medal
- Babar Ali conquers Annapurna-1 as first Bangladeshi
- King Charles III shrugs off health scare to begin Italy visit
- Bandarban Court sends ARSA chief Ataullah to jail after bail rejection
- China vows 'stable' relations with S. Korea after Yoon impeachment
- Nasir impresses with the ball on competitive comeback after ICC ban
- Israel seizes 50% of Gaza by destroying land to extend buffer zone
- Painful memories travel with Unai Emery as he returns to PSG
- Ringleader among 9 TTP militants killed in Pakistan’s Dera Ismail Khan operation
- Country's economy expands in March, PMI reaches 61.7
- BB triggers Tk 9 billion startup fund for new entrepreneurs
- Israel ‘deliberately targeting’ journalists in Gaza
- Trading opens with gains at Dhaka, Chattogram stock exchanges
- 10 healthy drinks to start your day
- Govt working to further reduce internet prices: Ahmad Taiyeb
- Vessel carrying 12,700 MT rice arrives at Ctg port from Vietnam
Country's economy expands in March, PMI reaches 61.7
Bangladeshs overall Purchasing Managers Index (PMI) score recorded an expansion rate of 61.7. This latest reading was attributed to a slower rate of expansion in the agriculture, manufacturing, and construction sectors, while the services sector posted a faster expansion rate. The Metropolitan...
Booming economy during Eid
The political alteration in the country has deeply affected the economy, resulting in an interrupt in investment and employment. The budget implementation has also been hindered, with a revenue shortfall of nearly 58 thousand crore taka for the government. Seven months after the interim government...
Asian stocks rise following Wall Street rally, China reports strong economic data
Asian stocks rose on Monday following a strong rally in U.S. markets, marking the best day since Novembers election, and amid stronger-than-expected factory data from China. Later in the day, Chinese officials were scheduled to brief the media on Beijings efforts to boost consumer spending....
Iran, Bangladesh discuss ways to expand bilateral trade
Iranian Ambassador to Bangladesh Mansour Chavoshi met Commerce Adviser Sk. Bashir Uddin at the Bangladesh Secretariat today to discuss bilateral trade and investment, reports BSS. The Commerce Adviser emphasized that despite significant potential, trade between the two countries remains below...
Beijing ready to boost investment in Bangladesh, says Ambassador Yao
China is prepared to encourage more companies to increase investment in Bangladesh, particularly in textiles, clean energy, electric vehicles, and digital technology, Chinese Ambassador Yao Wen said on Tuesday. Speaking at a seminar titled National Image of China in Bangladesh in Dhaka, he...
China moves closer to flying car mass production
China is moving closer to making flying cars a reality, with electric vehicle maker Xpeng aiming to begin mass production in 2026. This initiative aligns with the countrys push to expand its low-altitude economy, which includes passenger drones, air taxis, and unmanned deliveries, reports ST....
Inflation Relief: Food costs dip, yet challenges remain
Food inflation fell to a 21-month low in February, providing a glimmer of hope for struggling consumers. Moreover, overall inflation has also dropped compared to the previous month, according to a recent update by the Bangladesh Bureau of Statistics (BBS). Apparently, the interim governments...
Worries and concerns mount for industrialists
Industrialists in the country have remained concerned even seven months after the fall of the fascist government following a massive uprising. Throughout the last few years, the high dollar exchange rate against the local currency has driven up the cost of raw material imports while industrial...
Sweden to support Bangladesh’s inclusive economic development
Sweden reiterated continued support in critical development areas like democracy, human rights, rules of law and inclusive economic development in Bangladesh. Expressing continued support for the interim governments reforms, and on the Rohingya situation in the face of reduced overall...
Bangladesh’s economy gradually recovering from political instability: MCCI
Bangladeshs economy has gradually been recovering from political instability and a banking loan scam, according to a review by the Metropolitan Chamber of Commerce and Industry (MCCI). Exports posted robust growth during the period as did the earnings from remittance inflows. The slide...
Ukraine rejects US demand for $500 billion compensation fund
Ukraine has rejected a proposed US plan that would require it to contribute half of its mineral revenues to a $500 billion fund aimed at reimbursing Washington for its aid, Bloomberg reported. Senior Ukrainian officials insist that the actual value of US assistance is closer to $90 billion and...
‘Economic resilience not improved in the past 1.5 decades’
Dr Selim Raihan, economics professor at the University of Dhaka and executive director of SANEM, stressed the need to reassess Bangladeshs economic resilience in light of evolving national and global dynamics. He said that contrary to common belief, the apparent economic and political stability...
Macro economy shows stability, says BB Governor
Bangladesh Bank Governor Dr Ahsan H Mansur on Thursday said that the countrys foreign exchange reserves are stable and gradually increasing, despite the delayed disbursement of loan installments from the International Monetary Fund (IMF), reports UNB. Speaking at an event of Economic Reporters...
New default loan policy to jeopardise businesses
Bangladeshs defaulted loans are expected to exceed Tk 5 lakh crore, surpassing 30 per cent of total disbursed loans, if new regulations take effect in March. Businesspeople are urging the authorities to defer the implementation of the new default regulations by at least a year. According to the...
German voters demand change as Europe's biggest economy stalls
Lars Baumguertel, head of one of the last manufacturers in Gelsenkirchen, is urging Germanys politicians to invest in infrastructure to revive the economy. Like many in the Mittelstand, his company struggles with high energy costs after the Ukraine war disrupted cheap Russian gas supplies....
UAE minister urges global action to prevent conflicts, not just resolve them later
The UAEs minister of Cabinet Affairs has called on world governments to shift their focus from solving conflicts to preventing them, urging a rethink of education, economic growth, and social values in the face of rapid technological advancements, reads a Khaleej Times report. Speaking at the...
Investments in country’s start-ups plunge by 43%
New investments in the countrys start-ups have dropped significantly in 2024 compared to the previous year due to political volatility, economic uncertainties, and changing global trends. According to a report titled Bangladesh Startup Investments Report 2024: Year In Review, published by...
'Reducing inflation: Biggest challenge for Interim Government'
Finance Adviser Dr. Salehuddin Ahmed said inflation has risen due to the disrupted stock and supply of various essential commodities, including rice, adding that the biggest challenge for the Interim Government is to reduce inflation, and it will take at least three more months for it to reach a...
Asia’s automakers lead decline amid Trump tariffs impact
Shares of Japanese and South Korean automakers, along with their suppliers, plunged on Monday as the region faced a heavy blow from the U.S. President Donald Trumps newly imposed tariffs on Mexico, Canada, and China, reports Reuters. Despite being anticipated, Trumps tariffs rattled major global...
Country's economy is going in opposite direction
Bangladeshs economy has not found the right path even after six months of the interim government. Most of the macroeconomic indicators except the export sector show a negative impact on the economy. Inflation is still in double digits. Factories are being closed one after another due to problems...
Political crisis hits South Korea growth: Central bank
South Koreas economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached President Yoon Suk Yeols brief declaration of martial law. GDP in the fourth quarter expanded 0.1 percent quarter on quarter and...
Europe extends hand to US, warns of 'race to bottom'
The European Union (EU) signalled its readiness to engage and negotiate with U.S. President Donald Trump on Tuesday, warning of the need to avoid a trade conflict that would hurt both sides and the global economy. While Trump refrained from using his first day in office to launch tariffs on...
Economists say Los Angeles fire to have limited national economic impact
Devastating fires in the Los Angeles area are likely to put modest pressure on the US national economy in the near term but are unlikely to derail strong forward momentum, economists say. Forecasters reckon the fires destruction of property and job market disruptions could put upward pressure on...
Strong US economy challenges Trump’s reform agenda
When Donald Trump takes office next week, he inherits a US economy in better shape than when he began his first term in 2017. While he campaigned on promises of aggressive import tariffs, stricter immigration policies, deregulation, and smaller government, the economy now faces fewer challenges...
Massive gold mine discovered in Pakistan, set to revolutionize world economy
A staggering discovery of gold reserves, valued at Rs800 billion, has been claimed by Ibrahim Hassan Murad, the former Punjab Minister for Mines and Minerals, in Pakistan. According to Murad, the Geological Survey of Pakistan (GSP) has confirmed the presence of 2.8 million tolas of gold along a...
Businessmen backed against the wall
Resentment among businessmen is mounting as they feel increasingly cornered by the challenges facing the economy. With no clear guidance to revive trade and business, many have turned to Bangladesh Bank Governor Ahsan H. Mansur, presenting a nine-point set of demands aimed at easing their burden....
IMF predicts steady global growth, disinflation for 2025
The International Monetary Fund (IMF) expects steady global economic growth and ongoing disinflation in 2025, IMF Managing Director Kristalina Georgieva revealed ahead of the updated World Economic Outlook release on January 17, reports Reuters. Georgieva highlighted that the U.S. economy is...
Businesspeople in awe
The countrys industrial sector has been grappling with persistent challenges, with no signs of improvement. Difficulties are soaring for local industrialists as they have been struggling for a long time with dollar shortages, high interest rates, labour unrest, and other issues that made it harder...