Economy

US tariffs to kick in on Aug 1, barring trade deals

US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington, Treasury Secretary Scott Bessent said Sunday. The

LPG cylinder price falls for third month

The price of a 12-kilogram LPG cylinder has fallen for the third consecutive month in July to Tk1,364 from Tk1,403. The Bangladesh Energy Regulatory Commission (BERC) announced the new price

Transactions, stock markets to remain suspended tomorrow marking bank holiday

All banking transactions and trading activities at the country’s two stock exchanges will remain suspended on Tuesday due to a Bank Holiday. As per the Bangladesh Bank’s annual holiday calendar,

Chattogram Custom’s ‘shutdown’ halts export of 3,680 containers in a day

A day-long shutdown by customs officials has severely disrupted operations at Chattogram Port, halting the export of 3,680 containers—mostly ready-made garments—on Saturday alone. Industry insiders on Sunday said that it

Budget docs to be available on Finance Division website

Shawdesh desk: The Finance Division will publish national budget-related documents for the fiscal year 2025-26 on its official website, immediately after the budget speech concludes on Monday. Besides, the permitted

Bangladesh Bank moves to revoke licences of 20 troubled financial institutions

Shawdesh desk: Bangladesh Bank has initiated proceedings to cancel the licences of 20 non-bank financial institutions (NBFIs) that have long been mired in crisis due to high levels of defaulted

Inefficient market system drives up food costs: BB study

Shawdesh Desk: Despite adequate production in many cases, Bangladeshi consumers are paying significantly more for essential food items – rice, potatoes, onions, eggs, and broiler chicken – due to a

Bangladesh to stay as top cotton importer in 2025-26

Shawdesh Desk: Bangladesh, the second largest exporter of readymade garment items, is poised to remain the world’s largest raw cotton importer in the marketing year 2025-26, said the US Department