Mahmud Hasan Khan, Managing Director of Rising Group, has been elected unopposed as President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) for the 2025–2027 term. The BGMEA Election Board announced the results after confirming only one valid

Global oil prices rose sharply after Israel confirmed it had launched a strike on Iran, marking a significant rise in tensions across the Middle East. Following the news, both major benchmark oil prices—Brent Crude and Nymex light sweet crude—climbed by more than 10%.

Global aviation giants Airbus and Menzies Aviation have expressed strong interest in forging long-term partnerships with Bangladesh, offering proposals to modernise the national carrier and manage airport ground services. The offers were made during separate meetings in London on

Commerce Adviser Sk. Bashir Uddin today (June 10) said that claims of lower rawhide prices during Eid-ul-Azha are incorrect, assuring that sellers are receiving fair rates. Speaking to reporters after visiting a temporary rawhide preservation center at Zamil Madrasah, he explained that

A fresh round of discussions to address the ongoing trade dispute between the United States and China is scheduled to commence in London on Monday. On Friday, US President Donald Trump revealed that a high-level US delegation, including Treasury Secretary Scott Bessent, Commerce

Bangladesh’s ready-made garment (RMG) sector earned $36.55 billion in export revenue during the first 11 months (July–May) of the ongoing 2024–25 fiscal year, marking a 10.20% year-on-year growth. According to the Export Promotion Bureau (EPB), the RMG sector had

In the proposed FY2025–26 budget, the government has extended the VAT exemption on imported raw materials for sanitary napkin production until 30 June 2030, aiming to reduce prices in the coming fiscal year. Interim Economic Adviser Dr. Salehuddin Ahmed made the announcement

The government in the proposed national budget for the 2025–26 fiscal years has suggested increasing duties and reducing tax exemptions on several products, which may lead to price hikes. Finance Adviser Dr Salehuddin Ahmed made the announcement during his budget speech on Monday

Bangladesh’s caretaker government on Monday proposed a reduction in taxes on key food items and daily essentials, including sugar and soybean oil, as part of its national budget for the 2025–26 fiscal year. Finance Adviser Dr Salehuddin Ahmed unveiled the budget in a

Finance Adviser Salehuddin Ahmed began presenting the national budget for the 2025–26 fiscal year at 3:00pm on Monday (June 2) in a live broadcast on Bangladesh Television.  The proposed budget amounts to Tk 7,90,000 crore, marking the first time in Bangladesh’s

The Advisory Council of the interim government has approved a national budget of Tk7,89,999 crore for the 2025–26 fiscal year. The approval came at a meeting chaired by Chief Adviser Muhammad Yunus today. Finance Adviser Salehuddin Ahmed is presenting the budget from 3pm.

All jewellery stores across Bangladesh have shut down indefinitely starting Thursday, following the arrest of Bangladesh Jewellers Association (BAJUS) Vice President Riponul Hasan. In a statement issued late Wednesday night, BAJUS condemned Hasan’s arrest as "false and

Volvo Cars has announced plans to slash approximately 3,000 jobs, primarily in Sweden, as part of a sweeping cost-cutting initiative aimed at strengthening its financial footing.  The layoffs will affect about 15% of the automaker’s white-collar workforce, the company

The government has increased the prices of salt-applied raw cowhide by Tk 5 per square foot for this year’s Eid-ul-Azha.  In Dhaka, the price has been fixed at Tk 60 to Tk 65 per square foot, while outside Dhaka, it will be Tk 55 to Tk 60. On the other hand, prices of

Petrol pump owners and tank lorry operators across Bangladesh enforced a half-day strike on Sunday (May 25), demanding the fulfillment of 10-point demands, including an increase in fuel sales commissions and regulatory reforms. The strike, observed from 6am to 2pm, was enforced by the

Noted economist Dr Debapriya Bhattacharya has alleged that Tk 20,000 crore was siphoned off from Bangladesh’s capital market during the 2010–11 crisis, with Tk 15,000 crore of that amount laundered abroad — a move he says occurred under the influence of powerful

The Trading Corporation of Bangladesh (TCB) will begin selling essential items at affordable prices from 690 mobile trucks across the country starting today (May 23), ahead of Eid-ul-Azha. The sales will continue daily—including Fridays and holidays—until June 3. Items such

The Trading Corporation of Bangladesh (TCB) will begin selling essential items at affordable prices from 690 mobile trucks across the country starting tomorrow (May 23), ahead of Eid-ul-Azha. The sales will continue daily, including Fridays and holidays, until June 3. Items like edible

The United States has formally accepted a Boeing 747 aircraft gifted by Qatar to be added to the Air Force One fleet — a move that has ignited fierce criticism, even from some of President Donald Trump's staunchest allies. Pentagon spokesperson Sean Parnell confirmed the

Global sportswear giant Nike is set to increase prices across a wide range of its products starting June 1, as the company navigates rising costs and trade policy uncertainty. While Nike attributes the move to regular “seasonal planning,” the timing comes amid growing