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Economy


Tight monetary policy harming trade: DCCI

The Dhaka Chamber of Commerce and Industry has raised serious concerns over Bangladesh Bank’s continued contractionary monetary policy, warning that high interest rates and declining credit growth are choking trade, investment and industrial activity...

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US, Pakistan strike tariff deal

The United States and Pakistan have finalised a deal that will lower tariffs for Pakistan and include US assistance in developing the country’s oil reserves, officials from both sides confirmed as reported by The Economic Times...

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3rd-round tariff talks enter 2nd day

The third round of tariff talks of Bangladesh with the United States entered the second day on Wednesday, just one day before a steep 35 per cent tariff on Bangladeshi exports to the US market comes into effect...

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Yunus stresses moving forward for LDC graduation

A high-level review meeting on the country’s preparation to graduate from Least Developed Country status to a developing country was held today with chief adviser Professor Muhammad Yunus in the chair...

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Handa (BD) to invest $41.33m in BEPZA EZ

Handa (Bangladesh) Garments Company Limited, a Chinese apparel manufacturer, is set to invest $41.33 million in BEPZA Economic Zone located at Mirsarai in Chattogram, said a press release...

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HSBC banks lower profits on higher costs

Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was ‘well positioned’ to deal with the effects of US tariffs...

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Third-round tariff talks begin

The third round of tariff talks with the United States was scheduled to begin at about 12:30pm on Tuesday (Washington time), according to a message received from commerce ministry officials...

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IMF lifts 2025 growth forecast

The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump’s sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats...

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Barclays bank profit jumps on US tariff volatility

British bank Barclays posted on Tuesday second quarter profits that beat expectations as traders benefitted from volatility in global markets caused by US president Donald Trump’s tariff blitz...