Samsung Electronics said Thursday that operating profit soared 750 percent on-year to a record high in the first quarter thanks to strong sales of chips crucial for artificial intelligence, and forecast continued healthy demand in the next three months.

The news was so uplifting that one could almost picture an emergency meeting of the “Chor Samity”, “Dakat Association”, “People Looter Forum” and the esteemed “Bank Looters Welfare Council”. Tea was poured. Samosas arrived. A solemn resolution was passed.

Rice supply is expected to fall this year as farmers cut planting acreage across Asia because of fertiliser shortages and soaring fuel costs ​from the Iran war, with an emerging El Nino also set to squeeze output of the world’s most consumed staple.

The government has selected two Chinese companies to drill three wells at different locations across the country at a cost of Tk 945 crore.

Foreign financing received by Bangladesh fell 19 percent year-on-year in the July-March period of fiscal year 2025-26 (FY26), mainly due to the slow implementation of foreign-funded development projects.

The government has allowed the duty-free import of electric buses for educational institutions to promote safe and environment-friendly transportation for students.

Bangladesh cited gaps in readiness, incomplete core reforms, and economic fallout from the Iran war as reasons for seeking an extension of the transition period for graduation from the least developed country (LDC) category by three more years at the public hearing of the UNCDP on April 29.

More than half of the country’s scheduled banks will not be able to pay dividends this year, as rising bad loans and provisioning shortfalls continue to erode their financial strength.

This year, Boro paddy was cultivated on 9.63 lakh hectares across the seven haor districts

The European Central Bank held interest rates steady on Thursday but signalled a possible increase ahead as it warned of growing risks to the growth and inflation outlook due to the war in the Middle East.

Order marks the biggest expansion in the national carrier’s history, with the first jet due in 2031

The projects aim to strengthen the country’s gas and oil reserves

The vehicles should have a minimum of 17 seats, including the driver

Commerce minister attended the virtual hearing with UNCDP chair, held on April 29

The bank made Tk 241 crore in the January–March quarter

Private sector credit similarly increased, though year-on-year growth held steady at 6.03 percent in both months

Gold is seen as a safe haven asset in times of volatility but investment volumes fell in the first quarter, industry data showed Wednesday, as the Middle East war forced some investors to liquidate holdings to raise cash.

When the IMF’s Asia-Pacific director signalled to Bangladesh’s delegation in Washington last week that the expected $1.3 billion tranche would not be released in June, the key message was not financial but what Bangladesh can credibly offer in return, and what it cannot.

Double-digit bank lending rates will be brought down to a tolerable level to make them more investment-friendly, Commerce Minister Khandakar Abdul Muktadir said yesterday.

Retail price in Dhaka remains the same as last year, as per TCB