Oil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating conflicts offset an industry report that said US crude inventories unexpectedly rose.

Until June 15, some 15,553 TEUs of export containers were lying at the 21 ICDs, much higher from 8,000 on any regular day

Export, import through Akhaura will resume on June 20

Monetary policy stance should be tight, the economist said in an MCCI-PRI organised post-budget discussion

The World Bank's prediction is much lower than govt projection of 6.75%

The ‘Second Strengthening Social Resilience Program’ will help improve financial inclusion of disadvantaged people

But extra duty and tax on telecom, carbonated beverages, water purifiers to hurt potential FDI, it said.

Office hour 10am to 6pm, transaction hour 10am to 4pm

By re-launching the initiative, the government seeks to increase the flow of money into the economy, although such measures failed to yield any fruitful benefit in the past.

The baggage rule should be amended to stop gold smuggling, the association said in budget reaction

Shipment to the American market has been falling for high inflationary pressure

The reserves hit $18.67 billion on June 5, down from $18.72 billion on May 29

Factories in industrial belts need 15 PSI (pounds per square inch) of gas pressure, but are getting a maximum of 3 PSI

Shipments hit $4.07 billion in May, 23.75% lower than the monthly target of $5.33 billion

Bangladesh Jeweller's Association (Bajus) wants to put a stop to travellers bringing in gold bars

State Minister for Commerce Ahasanul Islam Titu sits with businesses of the two nations

Of the $21.61 billion remittance Bangladesh received in FY23, only $44.99 million came from Saarc countries

They also demanded action against factory owners who will stay aboard or will not pay before Eid

Apparel’s demand decreases among end consumers hit hard by high inflation, it says

Only 10 economic zones (EZs) have become operational since the Bangladesh Economic Zones Authority (Beza) rolled out its massive industrialisation plan in 2015, raising questions about whether its goal of setting up 100 enclaves will be materialised on time.