Bond facility for partial exporters soon
The government is set to introduce a temporary duty-free bond facility for partial exporters against bank guarantees to enhance export earnings and promote diversification...
Economy
NBR eases receiving customs clearance
The National Board of Revenue instructed the country鈥檚 customs houses to clear consignments for bonded factories even if there are minor discrepancies between the declared HS Code and product description during customs inspections...
Most NBFIs not fit to survive
Bangladesh Bank has moved to shut down nine non-bank financial institutions (NBFIs) after they failed to return depositors鈥� money, collapsed under massive non-performing loans, and suffered crippling capital shortfalls...
Oasis Accessories to invest $4.8m in BEPZA EZ
Oasis Accessories (Pvt) Ltd, a Bangladeshi company, is set to invest $4.8 million to establish a garment accessories industry in the BEPZA Economic Zone located in Mirsharai, Chattogram...
Forex reserve above $30b after ACU payment
Gross foreign exchange reserve has dropped to $30.3 billion after the central bank cleared a payment of $1.5 billion to the Asian Clearing Union to settle import bills for July and August...
Bangladesh鈥檚 PMI slips by 3.2 points in August
The overall Purchasing Managers鈥� Index of Bangladesh declined by 3.2 points in August, reaching聽a slower expansion rate at 58.3, according to the latest PMI index published jointly by the Metropolitan Chamber of Commerce and Industry and Policy Exchange Bangladesh on Sunday...
Inflation 3-year low amid high prices
Inflation in Bangladesh in August 2025 marked the lowest in more than three years, according to Bangladesh Bureau of Statistics released on Sunday.
Frost, hail, heat sour season for Turkey鈥檚 lemon growers
鈥楢t first, there was the frost and we lost a lot of blossoms. Then we had a very severe hailstorm when the fruits were small,鈥� grimaces Turkish citrus farmer Aleaddin Cogal.
US hiring weakens sharply in August
US job growth stalled in August while unemployment crept up to its highest level since 2021, in a closely watched report Friday after weak data earlier prompted president Donald Trump to fire a key economic official.
FID for more help from home, law ministries
The Financial Institutions Division in a meeting decided to ask the attorney general office, the ministry of home and the ministry of law to extend more cooperation to expedite the recovery of the defaulted loans...
Five firms get BB nod for forming credit bureaus
The Bangladesh Bank has issued Letters of Intent (LoI) to five companies to set up private credit reporting bureaus that will assess the creditworthiness of borrowers and build comprehensive credit histories for individuals and businesses...
Firms 鈥榟esitant鈥� to hire in uncertain economy: survey
Businesses in several regions of the United States were reluctant to hire workers in August because of uncertainty over the economic outlook, a Federal Reserve report said Wednesday...
Seniors back to work as ageing Germany battles pension burden
At age 70, Pete Maie appears nervous at the start of a job interview to work as a part-time parcel delivery driver for a German logistics company...
BB to settle $1.5b ACU payments for July-Aug
Bangladesh Bank will make a payment of $1.5 billion to the Asian Clearing Union on September 7 to settle import bills for July and August...
Prioritising eco-industrial parks stressed
Experts called for prioritising eco-industrial parks in Bangladesh and addressing a national framework to ensure sustainable growth...
