Bangladesh received a record $3.29 billion in remittances in March, crossing the $3 billion mark in a single month for the first time, according to Bangladesh Bank report.  This is a 65% increase compared to the same month last year. According to the Central Bank, the

Elon Musk has voiced support for creating a tariff-free trade zone between the United States and Europe, calling for the elimination of trade barriers to boost economic cooperation. The tech entrepreneur and adviser to US President Donald Trump made the remarks during a video

Chief Adviser’s High Representative on the Rohingya Issue and Priority Matters, Khalilur Rahman, has said there is no reason for concern over the US tariff issue, assuring that the situation is under control. "We are in contact with the US administration. We are prepared...

US stock markets have endured their most challenging week since 2020, as the global economy reels from the impact of Donald Trump’s new tariff policies.  All three major Wall Street indexes experienced a drop of more than 5%, marking a significant downturn in market

Foreign Affairs Adviser Md Touhid Hossain today (April 3) underscored the importance of practical and outcome-driven cooperation among BIMSTEC member states, with a particular focus on accelerating intra-regional trade through the effective implementation of the BIMSTEC Free Trade Area

Bangladesh’s trade deficit has decreased by 4.41% during the first eight months of the current fiscal year (July-February), reflecting a positive shift in the country’s foreign trade balance.  The reduction is largely attributed to a rise in remittance flows and export

The White House has confirmed that President Donald Trump will roll out new tariffs this week, though it has yet to disclose their full extent, leaving the world bracing for potential economic turmoil.  The uncertainty has fueled fears of a deepening global trade conflict.

President Donald Trump has announced that new tariffs set to be unveiled this week will apply to all countries, not just those with significant trade imbalances with the United States.  Speaking aboard Air Force One, Trump described the measures as part of America’s

The Bangladesh Jeweller’s Association (BAJUS) has called on authorities to bolster security for jewellery shops and traders during the upcoming Eid holidays. At a press conference on Friday at BAJUS' headquarters in Dhaka, the association's leaders emphasized the growing

The Bangladesh Bank has allowed startup businesses in the country to invest abroad. A circular was issued in this regard on Thursday (March 27) which said, Bangladeshi startups can now send up to 10,000 US dollars or its equivalent in foreign currency to establish a single company

The government has imposed a travel ban on 12 factory owners for failing to pay workers’ wages and bonuses within the deadline. Brigadier General (Retd.) Dr. M Sakhawat Hossain, Adviser for Shipping and Labour and Employment said this at a press conference at the Ministry of

Workers of Roar Fashion Limited in Bhaluka have besieged the BGMEA building in Uttara, Dhaka, demanding unpaid wages and compensation.  However, following the incident several officials of the garment manufacturers' association could not enter the building on Monday (March

BRAC Bank has partnered with Bengal Aitken Spence Travels Limited to introduce Sri Lanka’s premium healthcare services to Bangladeshi travellers, marking the launch of the first-ever Sri Lanka Medical Tourism Campaign in Bangladesh. This exclusive initiative offers BRAC

Gold prices in Bangladesh have reached a new record, rising again within three days due to an increase in the price of raw gold in the local market. According to the Bangladesh Jewellers Association (BAJUS), the price of the best quality 22-carat gold has been increased by Tk 1,469 per

The National Board of Revenue (NBR) has once again lowered duties on imported fresh fruits to help stabilise domestic prices during Ramadan and beyond. In two separate notifications issued on Monday, the tax authority announced a 5 percent reduction in the supplementary duty (SD) on

Bangladesh received $1.65 billion in remittance in the first 15 days of March, which amounts to Tk 20,370 crore, according to Bangladesh Bank data released on Sunday (March 16). On average, expatriates sent $110.41 million per day during this period.  According to the central

Banks will not be allowed to distribute dividends if more than 10% of their total loans become defaulted, according to Bangladesh Bank. Additionally, banks cannot give dividends if they fail to pay penalty interest or fines imposed due to shortfalls in cash reserves or statutory

The Bangladesh Bank (BB) has postponed the distribution of fresh currency notes to the public ahead of Eid-ul-Fitr. In a directive issued today, the central bank instructed all branches holding fresh notes to refrain from exchanging them and to keep them in reserve. Banks have been

Jewellers have raised gold prices by Tk3,557 to Tk1,51,900 per bhori (11.664 grams), citing an increase in the price of pure gold in the local market. The Bangladesh Jewellers Association (BAJUS) Standing Committee on Pricing and Price Monitoring made the decision at a meeting on

US stock markets tumbled after President Donald Trump confirmed he would proceed with a 25% tariff on goods imported from Canada and Mexico, citing a failure to reach an agreement. The tariffs, long threatened, will take effect on Tuesday. Trump also announced an additional 10% tariff