The Foreign Investors' Chamber of Commerce and Industry (FICCI) yesterday termed reform measures in the proposed national budget "positive" but warned that implementation of certain tax measures may lead to unintended burdens on industries and individuals.

Other sectors will lose competitiveness if only one sector gets the benefit, the chamber says

The announcement came as a delegation from the Ministry of Agriculture and Environment led by Minister Do Duc Duy, visited the United States.

Typically, the Fed holds interest rates at a higher level if inflation is elevated and when inflation is low

Trump late Tuesday signed an executive proclamation that puts into effect from Wednesday his surprise announcement last week that he was taking the tariffs on steel and aluminum imports that had been in place since March to 50% from 25%.

Corruption remains a pervasive challenge across the country, undermining the effective implementation of the national budget, Anisuzzaman Chowdhury, special assistant to the chief adviser, said at a post-budget discussion yesterday.

The International Air Transport Association (IATA) estimates fewer than five billion air journeys will take place this year, compared with the previously forecast 5.22 billion.

Bangladesh recorded a sharp rise in remittance inflows in May, as migrant workers sent more money home in the run-up to Eid-ul-Azha, which falls in early June.

US President Donald Trump’s tariffs, his call to “drill baby drill” and especially a decision by Opec+ to hike crude output quotas have oil prices trading at lows not seen since the Covid pandemic.

Vietnam is now contributing to the production and assembly of several flagship devices, including the iPad, Mac (MacBook and Mac mini), HomePod, Apple Watch and AirPods

Some of the new labels riff off economic implications or his abrupt U-turns as markets and trade partners react

That is good news for consumers but not so much for producers, analysts say.

US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 percent from next week, the latest salvo in his trade wars aimed at protecting domestic industries.

The biennial election of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) was held yesterday to elect office bearers for the 2025-27 tenure.

The commerce adviser made the call during a meeting with the visiting Chinese commerce minister

Finance Adviser Salehuddin Ahmed will lead the panel

Five American trade bodies wrote joint letter to Trump

As Tokyo tries to get all levies lifted, its foreign ministry said "discussions toward reaching an agreement have progressed" in Washington

The Purchasing Managers' Index came in at 49.5, according to the National Bureau of Statistics

The doubling of steel and aluminum levies intensifies Trump's global trade war