IMF agrees on new $1.3b loan for Pakistan

The IMF said Tuesday it has reached agreement with Pakistan on a new $1.3 billion loan program and reviewed an existing bailout that would, if approved, unlock an additional $1 billion.
26 March 2025, 18:04 PM

US consumer confidence falls to lowest level since 2021

The US consumer confidence index fell 7.2 points to 92.9 in March,
26 March 2025, 13:00 PM

CPA, shipping ministry staff to get Tk 60,000 bonus

The shipping ministry has approved a special incentive bonus of Tk 60,000 for all categories of employees of the Chittagong Port Authority (CPA) and the ministry for achieving record cargo and container handling at the port.
25 March 2025, 18:16 PM

Donald Trump’s boomerang will hit the US hard

Trump has imposed tariffs and threatened economic warfare; mused that the US could leave allies in the lurch if Russia attacks them; intimidated Greenland; and taunted Canada that it should become the 51st US state.
24 March 2025, 14:25 PM

Airbus, Boeing eye fast output as plastics loom for future jets

Both told a packed technical audience at a Paris composites fair this month that they were already making progress in researching what the succeeding generation of models could be made of - and in turn how fast they could be built.
24 March 2025, 14:02 PM

Some European officials weigh if they can rely on Fed for dollars under Trump

President Donald Trump has made a sharp break from long-standing US policy in several areas, such as appearing to endorse Russia's position on Ukraine, raising questions about US commitment to European security and imposing tariffs on its allies.
23 March 2025, 14:30 PM

'Antipathy' to US: Tourists turning away from Trump's America

Foreign traveler arrivals in the United States are expected to decline by 5.1 percent in 2025 compared to last year
23 March 2025, 13:01 PM

How Trump’s regulatory freeze is disrupting the US fishing industry

President Donald Trump’s regulatory freeze has injected chaos and uncertainty into a number of lucrative American fisheries
23 March 2025, 12:55 PM

China tech giants dig pricey trench for AI war

Tencent last year more than tripled its capital expenditure to $10.7 billion, or 12 percent of its top line
22 March 2025, 13:45 PM

Eid windfall: Remittance soars 78% in 19 days

Remittance inflows surged by around 78 percent year-on-year in the first 19 days of March as migrant workers sent more money home to relatives ahead of Eid-ul-Fitr, the largest religious occasion in the country.
20 March 2025, 18:37 PM

Beijing woos global executives as FDI slides, trade tensions build

Six of the 12 companies are headquartered in the United States. The others are European, British, Australian and Brazilian multinationals.
19 March 2025, 14:14 PM

Malaysia's Silicon Valley ambitions face tough challenges

Malaysia's signing of a major deal with British chip giant Arm this month was the latest step towards achieving the country's goal of producing its own top-end chips in the next five to seven years.
19 March 2025, 11:15 AM

Sri Lanka records first annual growth since crisis

The last quarter of 2024 saw the economy expand by 5.4 percent, bringing the full calendar year's GDP growth to 5.0 percent, compared to a contraction of 2.3 percent in 2023.
19 March 2025, 11:11 AM

Ctg port links with Indo-Pacific maritime information sharing platform

As part of the initiative, the CPA arranged an 11-day training on the use of the IORIS platform
19 March 2025, 09:37 AM

US retail sales weaker than expected as consumer health under scrutiny

In February, retail sales crept up by 0.2 percent from January to $722.7 billion, according to Commerce Department data.
18 March 2025, 13:39 PM

Xiaomi posts 2024 revenue surge as EV push deepens

The Beijing-based firm manufactures a diverse array of tech gadgets ranging from smartphones and laptops to rice cookers and air purifiers.
18 March 2025, 12:48 PM

Govt preparing smooth transition plan for Bangladesh’s LDC graduation: finance adviser

United Nations believes the graduation would inspire smaller nations, he says
18 March 2025, 09:14 AM

NBR again cuts duties on imported fresh fruits

It is second duty cut in 10 days
18 March 2025, 05:09 AM

OECD lowers global growth projections over tariffs, uncertainty

"We are navigating troubled waters," said the OECD's chief economist Alvaro Santos Pereira
17 March 2025, 12:56 PM

China looks to boost consumption amid consumer squeeze

The plan was issued to all regions and departments to "vigorously boost consumption, expand domestic demand in all directions, improve consumption capacity by increasing income and reducing burdens," a report from the Council said.
16 March 2025, 13:48 PM