White House releases AFTP report, signaling major shift in US trade policy
White House releases AFTP report, signaling major shift in US trade policy

The White House released a sweeping report on Thursday detailing the America First Trade Policy (AFTP), a cornerstone of President Trumps economic agenda. The report, mandated by a Presidential Memorandum issued on January 20, outlines an aggressive strategy aimed at reducing the U.S. trade...

China High Speed Transmission Group Launches Legal Action Over $930m Fund Misappropriation
China High Speed Transmission Group Launches Legal Action Over $930m Fund Misappropriation

China High Speed Transmission Equipment Group announced on Tuesday, that its wholly-owned subsidiaries have initiated legal proceedings in the High Court of Hong Kong, seeking to recover approximately USD 929.6 million (RMB 6.64 billion) in misappropriated funds. The lawsuit, filed on March 31,...

No substitute for NATO, says former British PM Boris Johnson
No substitute for NATO, says former British PM Boris Johnson

Former UK Prime Minister Boris Johnson has warned that Europeans should not be deluded into thinking there is an alternative defense framework to NATO. In an article for the Daily Mail on Friday, he stressed the need for European nations to increase their defense spending. This follows a report...

Thailand approves tax breaks for large commercial EVs
Thailand approves tax breaks for large commercial EVs

The Thai government has approved new tax measures to promote the adoption of large commercial electric vehicles (EVs), including buses and trucks, by businesses across the country. Announced by Deputy Finance Minister Julapun Amornvivat, the policy aims to encourage eco-friendly transportation and...

Prof Yunus receives honorary doctorate from China's Peking University
Prof Yunus receives honorary doctorate from China's Peking University

Chief Adviser Professor Muhammad Yunus received an honorary doctorate degree from Peking University (PKU) on Saturday morning. The PKU conferred the honorary doctorate on the Bangladesh chief adviser at a function held at the university conference hall in Beijing, reports BSS. Chief Adviser...

ChatGPT’s viral Ghibli-Style images raise AI copyright concerns
ChatGPT’s viral Ghibli-Style images raise AI copyright concerns

ChatGPTs latest AI image tool has thrilled Studio Ghibli fans by transforming personal photos and memes into the distinct style of Hayao Miyazaki. However, the trend has also sparked fresh concerns about AIs use of copyrighted material and its implications for human artists. Miyazaki, 84,...

T-Mobile agrees to sell $3.5 billion of senior notes
T-Mobile agrees to sell $3.5 billion of senior notes

T-Mobile USA, a fully-owned subsidiary of T-Mobile US, revealed on Monday its plan to offer $3.5 billion in senior notes as part of a public offering. The offering is divided into three tranches: $1.25 billion of 5.125% Senior Notes due 2032, $1 billion of 5.300% Senior Notes due 2035, and $1.25...

Rizwana calls for stronger corporate environmental responsibility at Asia Conference
Rizwana calls for stronger corporate environmental responsibility at Asia Conference

Environment Adviser Syeda Rizwana Hasan on Tuesday urged a reimagination of corporate roles in environmental protection, emphasising that safeguarding environmental rights is a collective responsibility involving governments, businesses, civil society and communities. The Environment Adviser...

Finance Adviser hints at corporate tax cuts in upcoming budget
Finance Adviser hints at corporate tax cuts in upcoming budget

Finance Adviser Dr. Salehuddin Ahmed on Sunday hinted that corporate tax rates may be revised downwards in the upcoming budget for the 2025-26 fiscal, with an acknowledgement that current rates are relatively high. Speaking to reporters after a pre-budget meeting with leading economists at the...

Saudi Arabia reduces rate of issuing Umrah visas for Bangladeshis
Saudi Arabia reduces rate of issuing Umrah visas for Bangladeshis

The Saudi government has reduced the rate of issuing Umrah visas for Bangladeshi pilgrims under a quota system introduced this month. Earlier, the Saudi embassy in Dhaka approved almost all Umrah visa applications, but since 5 March, they have approved only about 8%-10%. Farid Ahmed Mozumder,...

From 7.24% to 11.89%: Businesses alarmed by sharp rise in loan rates
From 7.24% to 11.89%: Businesses alarmed by sharp rise in loan rates

Over the past two years, the average interest rate on loans in the country has surged by nearly 5 percentage points, raising serious concerns among entrepreneurs and business owners. The rising cost of borrowing is significantly impacting business expansion and investment decisions, with many...

Trump signs executive order establishing 'Strategic Bitcoin Reserve'
Trump signs executive order establishing 'Strategic Bitcoin Reserve'

US President Donald Trump signed an executive order Thursday establishing a Strategic Bitcoin Reserve, forcefully endorsing a currency once shunned as a tool for money launderers. The government stockpile, which backers liken to a digital Fort Knox, will be composed of digital currency seized in...

Bangladeshi asylum applications in Europe reach record high in 2024, 96% rejected
Bangladeshi asylum applications in Europe reach record high in 2024, 96% rejected

The number of Bangladeshi asylum applications in Europe hit a record high in 2024, though nearly 96% were rejected, according to data published on Monday by the European Union Agency for Asylum (EUAA). A total of 43,236 Bangladeshis applied for asylum in EU+ countriesthe highest in a...

‘Strategic partnerships key to climate actions’
‘Strategic partnerships key to climate actions’

Environment, Forest, and Climate Change Adviser Syeda Rizwana Hasan on Sunday stressed the need for strategic partnerships to ensure that climate investments deliver tangible benefits to local communities and ecosystems, reports BSS. She reiterated the governments commitment to sustainable...

Japan births fall to new historic low
Japan births fall to new historic low

Japans birth rate reached a new record low in 2024, marking the ninth consecutive year of decline, as young people delay marriage and the elderly population continues to grow, according to government data released on Thursday. The figures underscore the severe demographic issues confronting the...

How to stay hydrated and keep your skin glowing while fasting
How to stay hydrated and keep your skin glowing while fasting

Ramadan is a time for spiritual reflection, discipline, and community, but the extended hours of fasting, particularly in the warm climate, can affect your skin, leading to dehydration, dullness, and breakouts. The good news is that with the right skincare routine, proper hydration strategies,...

Govt to export 11,000 tonnes of hilsa to KSA, UAE for Bangladeshi expatriates
Govt to export 11,000 tonnes of hilsa to KSA, UAE for Bangladeshi expatriates

The government has decided to export 11,000 metric tonnes of hilsa to Saudi Arabia and the United Arab Emirates (UAE) for Bangladeshi expatriates. Following the request from Bangladeshi expatriates, who contribute significantly to the countrys economy through remittances and have shown...

AI expanding role in Japan’s fashion industry
AI expanding role in Japan’s fashion industry

Generative artificial intelligence is reshaping Japans fashion industry, influencing runway designs and mass-market production. Yet, the absence of national or industry guidelines raises concerns about counterfeiting and design theft. At the Tokyo Collections in September 2024, Japanese brand...

Sharjah imposes 20% tax on natural resources companies under new law
Sharjah imposes 20% tax on natural resources companies under new law

Sharjah has introduced a 20% corporate tax on companies involved in both extractive and non-extractive activities related to natural resources, as announced on Thursday, reads a Khaleej Times report. The law, passed by Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of...

Somali pirates head back to sea
Somali pirates head back to sea

Shipping has been warned that Somali pirates are back hunting for targets. British maritime security consultants Ambrey has issued a notice to clients detailing a suspected pirate action group sighted departing Marreya, Eyl, to the northeast of Somalia. Merchant vessels are advised to...

BB announces monetary policy, keeping policy rate unchanged at 10%
BB announces monetary policy, keeping policy rate unchanged at 10%

The Bangladesh Bank (BB) on Monday announced monetary policy for the second half of the current fiscal year, saying it would keep its policy rate, at which it lends to commercial banks, unchanged at 10% till June 10 to reduce inflation. Governor Dr Ahsan H Mansur presented the new monetary...

Dalton Investments demands resignation of Fuji Media advisor Hisashi Hieda
Dalton Investments demands resignation of Fuji Media advisor Hisashi Hieda

U.S. investment fund Dalton Investments has intensified its pressure on Fuji Media Holdings, demanding the resignation of Executive Managing Advisor Hisashi Hieda. In a letter to the companys board on Monday, the fund criticized Fuji Medias handling of the recent scandal involving television...

Dubai to welcome world's tallest wellbeing resort by 2028
Dubai to welcome world's tallest wellbeing resort by 2028

Dubai is set to become home to the worlds tallest wellbeing resort as part of the Dubai Quality of Life Strategy 2033, announced Sheikh Hamdan on Tuesday. The ambitious project, named Therme Dubai, will be located at Zabeel Park and is scheduled to open in 2028, reports Khaleej Times. The city...

NATO plans to oust Zelensky – Russian intelligence agency
NATO plans to oust Zelensky – Russian intelligence agency

The US-led NATO alliance views Ukrainian President Vladimir Zelensky as an obstacle to peace talks and is working to discredit him ahead of potential elections next fall, according to a statement by Russias Foreign Intelligence Service (SVR) on Monday; reads an RT report. The SVR claims that...

High interest rates deepen trouble for businesses and employment
High interest rates deepen trouble for businesses and employment

The surge in inflation is eroding household incomes and employment opportunities, driven largely by rising bank loan interest rates and reduced production. While depositors may benefit from higher interest rates, the banking sector and businesses face significant challenges. Banks are struggling...

Inflation can be reduced to 6-7% in next FY
Inflation can be reduced to 6-7% in next FY

Dr Zahid Hussain, a prominent figure and former lead economist at the World Banks Dhaka Office, has expressed optimism that the general point-to-point inflation rate could be reduced to between 6 to 7 percent in the next fiscal year (FY26) if the country does not face natural or political...

Singapore charges ex-director in landmark money laundering case
Singapore charges ex-director in landmark money laundering case

Singapore has charged Wang Junjie, a former director of corporate service provider LW Consultancy Pte Ltd, for his alleged involvement in the city-states largest money-laundering case, worth a record S$3 billion (US$2.2 billion), reports Bangkok Post. The Singapore Police Force announced on...

Emirates cancels some flights to the US
Emirates cancels some flights to the US

Emirates Airlines has cancelled its flights to Houston, Texas, amid severe weather conditions. In a travel update shared on its website, the airline said, Flight EK211 Dubai to Houston and EK212 Houston to Dubai flights operating on January 21 have been cancelled. The airline said it regrets...