As prices soar, poor and middle-class struggle with rising cost of living

Says partial independence may cause market distortion

Foreign investors urge stability, good governance to draw more funds

The US government’s budget deficit grew nearly 20 percent in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump’s tariffs, with outlays growing faster than receipts, the Treasury Department said on Tuesday.

Summit Power Ltd has signed an agreement with Sabson Energy FZCO of the United Arab Emirates (UAE) for the sale and re-export of its Narayanganj Unit I, a 102-megawatt heavy fuel oil-fired power plant.

The benchmark index of the Dhaka Stock Exchange closed slightly lower yesterday, extending its bearish run for the seventh consecutive day. 

Indian exporters are scrambling for options to mitigate the fallout of US President Donald Trump’s threatened tariff salvo against the world’s most populous nation.

Bangladesh Shipping Corporation (BSC) is finally going to add two new ships to its fleet after a wait of almost seven years..On Tuesday, the cabinet committee on government purchase approved the purchase of two bulk carriers, each having a carrying capacity of 63,500 deadweight tonnage (DW

The DSEX declined by 1.11 points to settle at 5,314.33

Summit Power signs agreement to sell Narayanganj plant to Sabson Energy

The DSEX declined 4.47 points, reaching 5,310.97 by 12:18 pm

Finance Adviser Salehuddin Ahmed said they have engaged with political parties about reforms in the banking and financial sectors, and the parties have broadly agreed to support and carry forward these initiatives.

Bangladesh’s economy is showing early signs of recovery, but weak private sector credit growth, falling investments, and reduced imports of capital machinery have slowed momentum, according to a new report by the Metropolitan Chamber of Commerce and Industry (MCCI).

In August last year, when the current governor took charge of the central bank, basic banking services were in turmoil. In parts of Dhaka, ATMs were out of service, and some cash-strapped banks were unable to honour cheques for as little as Tk 5,000.

Chief Adviser Prof Muhammad Yunus yesterday urged Malaysian investors to invest in Bangladesh, saying that the interim government had taken a series of measures to create a business-friendly environment.

Dhaka aims for $63.5b in exports, capitalising on new US tariff regime

Currency markets were in a holding pattern on Tuesday, with traders’ reluctance to make large bets ahead of US inflation data - important for Federal Reserve policy expectations - capping moves after UK jobs data and an Australian rate cut.

The benchmark index of the Dhaka Stock Exchange continued its bearish trend yesterday, extending its losses for the sixth consecutive day.

Can Bangladeshi companies raise capital overseas? This question is being asked more often as our economy matures and ambitious businesses look beyond the local stock market.

Commerce Adviser Sk Bashir Uddin has announced that permission will be granted to import onions in order to reduce prices in the local market.