Warns of inflation, erosion of purchasing power

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.

Gold rose on Thursday on ‌dip-buying, but was on track for a second straight monthly fall as elevated oil prices kept fears of inflation and higher-for-longer interest rates alive.

The government has formed a high-powered panel to review the widely discussed ordinances on revenue reform framed by the Prof Muhammad Yunus-led interim administration.

Google-parent Alphabet impressed Wall Street with its latest quarterly earnings on Wednesday, as big tech rival Meta left investors lukewarm amid concerns about the huge cost of AI development.

IPDC Finance PLC has announced a 10 percent dividend for 2025, including 5 percent in cash.

Bata Bangladesh Limited has announced a 248 percent cash dividend for 2025, including 105 percent for the fourth quarter.

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.

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