Chinese shoe co to invest $10.20m in BEPZA EZ
Dunion Taiyang Sheng Shoes (BD) Company Limited, a Chinese company, is set to invest $10.20 million in BEPZA Economic Zone to establish a footwear industry, said a press release...
Economy
Mongla Port introduces LCL cargo handling
Mongla Port authority has introduced the long-awaited Less-than-Container Load (LCL) cargo handling system, opening new opportunities for both small and large-scale importers and exporters...
Less tax, more luxury: millionaires flock to Dubai
Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy and easy luxury lifestyle that has become harder to maintain elsewhere...
Canada removing tariffs on US goods compliant with FTA
Canada will remove all tariffs on US goods that are compliant with the existing North American free trade agreement, prime minister Mark Carney said Friday, matching exemptions affirmed earlier this month by Washington...
US Fed chair opens door to rate cut
US Federal Reserve chair Jerome Powell left the door open to interest rate cuts in a keenly watched speech Friday, balancing risks to the economy as president Donald Trump intensifies pressure on the central bank...
Pressure on Merz as Trump tariffs hit German economy
Germany鈥檚 economy shrank more than expected in the second quarter as US tariffs battered exports, official data showed Friday, ramping up pressure on chancellor Friedrich Merz to turn Europe鈥檚 top economy around.
Dhaka, Islamabad to revive joint economic commission
Bangladesh and Pakistan on Thursday agreed to revitalise the joint economic commission and establishment of a trade and investment body to bolster economic cooperation between two nations separated after 24 years of co-existence in 1971...
Walmart lifts outlook for sales, earnings despite tariffs
Big-box retailer Walmart hiked its outlook for sales and some earnings in results released Thursday, even as costs of goods imported to the United States rose after president Donald Trump鈥檚 wide-ranging tariffs this year...
Swiss exports fall before huge US tariff
Swiss global exports fell in July but those to the United States rose slightly before president Donald Trump imposed huge tariffs on the Alpine country, official figures showed Thursday...
Tk 1.6 lakh crore default loans stuck in cases
Court stay orders has shielded 1,086 borrowers from being classified as defaulters, forcing banks to show Tk聽1.63 lakh crore in unpaid loans as regular, according to a Bangladesh Bank report...
July tax receipts rise, but fall short of target
The country鈥檚 revenue collection witnessed an increase of 24.32 per cent to Tk 27,247 crore in July, the first month of the financial year 2025-26, according to the National Board of Revenue data...
BB relaxes credit rating rules
Bangladesh Bank has relaxed its Internal Credit Risk Rating System (ICRRS) guidelines for banks, allowing them to approve, renew, or adjust loans for borrowers with an 鈥榰nacceptable鈥� credit rating...
US metals tariffs hit industrial goods, baby products
The United States has broadened the reach of its steel and aluminium tariffs, the Commerce Department said Tuesday, impacting hundreds more products that contain both metals such as child seats, tableware and heavy equipment...
Japan exports fall most in 4yrs as Trump tariffs bite
Japanese exports suffered their steepest drop in more than four years last month as tariffs imposed by US president Donald Trump bit, official data showed Wednesday...
BB governor stresses capital market鈥檚 role for revenue
Bangladesh Bank governor Ahsan H Mansur has said that the capital market should be prioritised as an alternative source of revenue collection, given the lack of progress in traditional methods...
