The amount hit $2.9 billion in the January-May period

The primary textile sector will lose competitiveness in global arena, says BTMA president

The disclosure came nearly four months after the HC approved the amalgamation

Dhaka Bank is increasingly embracing technologies to serve customers digitally and enhancing its lending to small clients as it redesigns its focus to stay relevant.

Sri Lanka’s private creditors have accepted a 28 percent haircut on $12.5 billion in sovereign bonds, the government announced Thursday, meeting a key condition of an IMF bailout.

China’s electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing tariffs on Chinese EV firms.

The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of “unfair” state subsidies, despite Beijing’s warnings the move would unleash a trade war.

Chinese company Unicorn Handbag has expressed interest in investing $21.85 million in Bepza Economic Zone (Bepza EZ) in Mirsharai, Chattogram to set up a carry bag and luggage manufacturing industry.

Overall business growth across the eurozone slowed sharply last month as a solid expansion in the bloc’s dominant services industry failed to offset a further deterioration in manufacturing, a survey showed on Wednesday.

EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels’ challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation.

Indian labour officials visited a Foxconn factory in the country's south this week and questioned executives about the company's hiring practices

Gold prices fell on Tuesday under pressure from elevated US treasury yields and a stronger dollar while investors awaited comments from Federal Reserve Chair Jerome Powell for further clues about the interest rate path.

Eurozone inflation cooled in June, official data showed Tuesday but experts say it will not be enough to convince the European Central Bank to accelerate its rate-cutting cycle despite sluggish economic growth.

US manufacturing activity edged lower in June, deepening a recent slump on continued weak demand, according to industry survey data published Monday.

The American Chamber of Commerce in Bangladesh (AmCham) organises monthly luncheon meeting

One way of looking at the euro zone is as a forest where dry tinder is piling up. The locals are not doing much to clear the debris, and some are wandering around with naked flames. But they know it would be foolish to throw lit matches on the forest floor. Besides, there is a fire engine which will probably ride to the rescue.

Manufacturing activity in Europe suffered a setback last month but Asian factories enjoyed solid momentum, offering policymakers some hope the region can weather the hit from soft Chinese demand, surveys showed.

Prime Minister Sheikh Hasina’s four-day China visit begins on July 8

The port handled 31.69 lakh TEUs of containers in FY24, up from 30.07 lakh TEUs the previous fiscal

From FY25 beginning today, the maximum rate of export incentive has been set at 10% and the minimum at 0.3%