Germany鈥檚 unemployment rises in March
Germany鈥檚 unemployment rate unexpectedly rose in March after holding steady for two months, data showed Friday, with economists lamenting no 鈥榮pring revival鈥� was in sight for Europe鈥檚 ailing top economy.
Economy
Record inflow of remittance raises reserves to $25b
Foreign currency reserves have crossed $25 billion mark before the end of March thanks to a record inflow of remittances this month.
Startups allowed to invest up to $10,000 abroad
The Bangladesh Bank has introduced a new policy allowing local startup companies and individuals to invest up to $10,000 abroad by establishing legal entities...
Yunus seeks FAO support to export fruits, farm products to China
Chief adviser Muhammad Yunus on Thursday sought support from the Food and Agriculture Organisation in an effort to export fruits and farm products to China in a bigger way...
Global outcry as Trump heaps 25pc tariffs on auto imports
World powers on Thursday blasted US president Donald Trump鈥檚 steep tariffs on imports of vehicles and car parts, vowing retaliation as a widening trade war intensifies...
Remittances extend monthly record to $2.95billion in just 26 days of March
Bangladesh received its highest ever $2.95 billion in inward remittances in 26 days of March...
Policy changes in US affect global economy: ICCB bulletin
Recent shifts in US leadership have demonstrated that policy changes 鈥� especially in tariff, taxation, trade, climate regulations and monetary policies 鈥� can have far-reaching effects across the global economy, according to the International Chamber of Commerce-Bangladesh鈥檚 editorial of...
US consumer confidence falls to lowest level since 2021
US consumer confidence fell for a fourth straight month in March, according to survey data published Tuesday, hitting its lowest level since the midst of the pandemic in 2021.
Investments of Norway sovereign fund hit 8-year low
Norway鈥檚 sovereign wealth fund, the world鈥檚 largest fund, saw its investments in the Bangladesh capital market drop to an eight-year low in 2024, declining by 5.73 per cent to $141.93 million from $150.56 million in 2023, according to data from Norges Bank Investment Management...
Three price tiers of cigarette sought to hike revenue
Research and advocacy organisation PROGGA (Knowledge for Progress) and Anti-Tobacco Media Alliance have urged policymakers to reduce the number of cigarette price tiers from 4 to 3 in the upcoming national budget for the financial year 2025-26...
NBR chief urges finance adviser to slash budget size
Chairman of the National Board of Revenue Md Abdur Rahman Khan on Monday requested the finance adviser to reduce the budget size and give some relaxation to the mass people...
LC opening for imports rises
The opening of letters of credit (LCs) for imports increased in the first eight months of the 2024-25 fiscal year compared to the same period in the previous year, reflecting a gradual recovery in business activity...
ASEAN urged to increase imports from Bangladesh
ASEAN diplomats recently visited ICC Bangladesh and held a meeting with its president Mahbubur Rahman and vice-presidents AK Azad and Naser Ezaz Bijoy...
UK govt to cut costs by 15pc
UK finance minister Rachel Reeves said Sunday she plans to cut the costs of running government by 15 per cent within four years, as she grapples with strained public finances...
IFRS to help SMEs have access to easy investment: Taskeen
The International Financial Reporting Standards will strengthen access to finance and investment, boost global competitiveness and reduce the risks of financial misreporting...