The DSEX rose 15.83 points to 5,077.66 as of 11:42 am

The dominance of middlemen, a lack of information, extortion, and unpredictable transportation costs have a significant impact, resulting in the high retail prices of vegetables, according to a recent Bangladesh Trade and Tariff Commission (BTTC) report.

Bangladesh will launch the third round of negotiations with the United States Trade Representative (USTR) next week, aiming to secure a more “rational” tariff structure before the August 1 deadline, said Commerce Adviser Sk Bashir Uddin yesterday.

Gold rose to a three-week high on Monday, boosted by safe-haven demand after US President Donald Trump threatened tariffs on the European Union and Mexico, while silver hit a near 14-year peak.

While the continued decline in foreign direct investment (FDI) in Bangladesh remains a cause for concern, the first quarter of 2025 showed signs of promise. It reflects growing unease about the country’s investment climate and long-term competitiveness, but also presents an opportunity that can be harnessed through timely reforms and consistent, investor-friendly policy actions.

The Bangladesh Financial Intelligence Unit (BFIU) has sought bank account details of Md Obayed Ullah Al Masud, chairman and independent director of Islami Bank Bangladesh, and his family members.

State-run Bangladesh Standards and Testing Institution (BSTI) yesterday opened two laboratories to certify whether products labelled halal meet Islamic dietary laws and ethical standards, and whether helmets meet safety requirements.

Owners of Chattogram-based readymade garment factories, many of which do business with buyers in the United States, are worried about a US tariff hike to 35 percent set to take effect on August 1.

Top executives, directors, auditors, and issue managers of Ring Shine Textiles are facing regulatory action after a share placement scandal came to light.

Bangladesh sits at the bottom of a list of 37 countries in the Asia-Pacific region in terms of the tax-to-GDP ratio, largely stemming from the failure to tap into the potential originating from the steady growth of the economy and a lack of reform.

Local currency taka has started to gain strength against the US dollar for the first time in several years, as a steady inflow of foreign currency drives down the official exchange rate.

The 35% tariff imposed by the US is not a final decision, as discussions are still ongoing

The Bangladesh Financial Intelligence Unit wants the information by July 15

In total, 41 banks have now partnered with the National Pension Authority

The DSEX lost 4.6 points before closing the day at 5,061.83

Taka gains ground as dollar influx rises, strengthening currency after years

The DSEX rose 8.77 points to 5,075.21 as of 11:54 am

The US has demanded zero duty facility for a large number of its products from Bangladesh.

The National Board of Revenue will certainly be split once the flaws in the ordinance are corrected, said Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan, accusing its drafters of “deliberately inserting loopholes” through “trickery”.

As of December last year, they disbursed Tk 25,808 crore in loans against collateral worth Tk 6,899 crore, according to the BB report