Forex reserve crosses $20b again
Bangladesh鈥檚 gross foreign exchange reserves, calculated under International Monetary Fund (IMF) guidelines, have surpassed $20 billion again, driven by strong remittance inflows...
Economy
China economy gets New Year boost
China鈥檚 sluggish domestic consumption got a boost over the weeklong Lunar New Year holiday, with travel and retail sales聽both offering a slight reprieve to a dragging economy facing the prospect of an escalating US trade war...
Shein, Temu face cost of adapting to new US customs rules
US tariffs on Chinese imports and the closing of a customs loophole will wreak disruption on the business models of e-commerce giants Shein and Temu, with consumers potentially bearing the brunt of the cost, analysts say...
BoE slashes UK growth outlook amid Trump tariff threat
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK...
Remittance surge boosts current account to surplus
The country鈥檚 current account balance turned positive in July-December period of FY25, primarily due to a sharp surge in remittance inflows, compared to the same period in FY24...
Inflation to drop to 6-7pc by June, adviser hopes
Finance adviser Salehuddin Ahmed on Tuesday said that they would be able to bring down inflation within the next three months...
LDC GRADUATION: Bashir for speedy execution of trade facilitation roadmap
Commerce adviser Sk Bashir Uddin has emphasised the urgent need to implement the trade facilitation roadmap to address the challenges associated with Bangladesh鈥檚 graduation from the least developed country status...
China slaps tariffs on US coal, oil, vehicles
China said on Tuesday that it would impose tariffs of 15 per cent on imports of coal and liquefied natural gas from the United States, after Washington slapped ten percent levies on Chinese goods....
LC opening in Dec hits 30-month high
The opening of letters of credit for imports surged to $6.92 billion in December, marking a 30-month high as businesses ramped up Ramadan-centric imports...
Exports grow 11.7pc in July-January
Bangladesh鈥檚 earnings from exports witnessed a positive growth of 11.68 per cent to $28.97 billion in July-January period of ongoing financial year 2024-25, according to the latest data published by the Export Promotion Bureau...
Task force emphasises research, innovation to diversify economy
The task force report on re-strategising the Economy and Mobilising Resources for Equitable and Sustainable Development said that Bangladesh can boost its economy by using innovation and R&D to diversify, improve productivity, and add value to its products...
Remittance inflow above $2b for 6th straight month
Remittance inflow to Bangladesh increased slightly in January, with the inflow remaining above $2 billion for the last six consecutive months...
India forecasts slowing growth
India鈥檚 economy will grow 6.3-6.8 per cent in the next fiscal year, a government report said on Friday, among the top-performing countries globally but sluggish compared with recent performance.
Gold futures hit new record
The price of gold hit a new record on Thursday, lifted by uncertainty over the economic policies of US president Donald Trump and the dollar鈥檚 weakness following a disappointing US growth report.
Trump threatens to place 100pc tariffs on BRICS
US president Donald Trump reiterated Thursday his threat to place 100 per cent tariffs on BRICS nations, as the deadline loomed for him to impose tariffs on Canada and Mexico.