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Airlines halt many Middle East flights

Global airlines cancelled flights to Tel Aviv, Tehran and other Middle East destinations, or rerouted planes, on Friday after countries shut airspaces following Israeli strikes on Iran.

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Card-based forex transactions rise

Foreign currency transactions through cards reached a four-month high in April, reflecting a rebound in international travel and improved economic stability in Bangladesh...

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Loan release for leather sector falls short of target

The Bangladesh Bank’s initiative to inject Tk 232 crore into the leather sector for procuring rawhide during Eid-ul-Azha has fallen significantly short, with only Tk 125 crore disbursed to businesses, according to industry insiders...

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Businesses struggle as economic activity slows

Businesses in Bangladesh have fallen into a holiday trap, with economic activity slowing due to supply chain disruptions and bank closures during the extended 10-day Eid-ul-Azha holidays...

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Trump to set unilateral tariffs within weeks

President Donald Trump plans to inform trading partners of unilateral US tariff rates in the coming weeks, as a July deadline approaches for steeper levies to kick in on dozens of economies...

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SCB team visits Payra port

A delegation of Shippers’ Council of Bangladesh, led by its chairman Md Rezaul Karim, on Wednesday visited Payra port at Kalapara in Patuakhali, said a press release...

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UK economy shrinks in April

Britain’s economy shrank more than expected in April following a tax hike on UK businesses and a record drop in exports to the United States due to president Donald Trump’s tariffs, official data showed Thursday...

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Dollar dives on Trump’s new trade threat

The dollar plunged on Thursday after US president Donald Trump threatened higher unilateral tariffs on trade partners, and oil slipped as traders evaluated the probability behind reports that Israel could be gearing up to strike Iran...

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Ehram Neem Bathing Bar launched

Hamdard Laboratories (Waqf) Bangladesh on Wednesday launched ‘Ehram Neem Bathing Bar,’ said a press release...