Ring Shine Textiles reported a decline in its financial performance for the October–December quarter of 2024, as the company's losses deepened year-on-year.

In a step towards expanding Bangladesh's export market, Pran-RFL Group, one of Bangladesh's leading conglomerates, signed an agreement with China's Haitian Group to enhance its production capacity and boost exports of household plastic goods through a Tk 200 crore project.

SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company’s executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.

The number of mobile subscribers dropped by 12 lakh to 18.75 crore in December last year, marking the sixth consecutive month of decline, according to the latest data from the Bangladesh Telecommunication Regulatory Commission (BTRC).

US President Donald Trump on Saturday ordered a new trade investigation that could heap more tariffs on imported lumber, adding to existing duties on Canadian softwood lumber and 25 percent tariffs on all Canadian and Mexican goods due next week.

In line with demands from stakeholders, the Bangladesh Telecommunication Regulatory Commission (BTRC) recently reversed its decision to award a contract for the maintenance of the National Equipment Identity Register (NEIR) system through the direct purchase method and instead opted for an open tender process.

The government’s borrowing from domestic sources surged in the first half of FY25, primarily driven by a substantial increase in the issuance of special bonds, particularly those issued to clear arrears to electricity and fertiliser producers, as well as treasury bills (T-bills) and bonds targeting institutional and individual investors.

Overall budget expenditure jumped nearly 25 percent year-on-year in the first five months of the current fiscal year, driven by soaring interest payments and subsidies despite lower development spending.

US consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, setting up the economy for weak growth or even a contraction this quarter.

Remittances have become a much-anticipated relief for the economy reeling under macroeconomic stress, growing steadily since August last year and providing the interim government with a breather amid a rapid erosion of foreign exchange reserves.

Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the gains they made after Donald Trump’s election win triggered a wave of excitement across the industry.

The Bangladesh Small and Cottage Industries Corporation (BSCIC) has called for stricter monitoring to ensure the proper utilisation of imported industrial salt in order to protect the interests of local salt producers.

United Commercial Bank (UCB) PLC has recorded a remarkable net deposit growth exceeding Tk 1,332 crore in February 2025.

Social Islami Bank PLC organised its “Agent Banking Conference 2025” at the bank’s head office in Dhaka recently.

BRAC Bank has bolstered its international remittance network through strategic partnerships with six prominent exchange houses in the UK, Canada, Italy, the UAE, Oman, and Qatar.

Mercantile Bank PLC recently held a “Town Hall Meeting” at the Grand Sylhet Hotel and Resort in Sylhet.

Bank Asia PLC recently organised its “Annual Business Meet 2025” at the Palace Luxury Resorts in Sylhet.

India’s Adani Group has revived plans for major infrastructure investments in the US, where the group’s founder has been charged with bribery, the Financial Times reported on Sunday.

Brac, an international development organisation in Bangladesh, and the European Union recently launched an initiative, titled the “SHIKHA Project,” at a function held at the Renaissance Hotel in Dhaka.

The workers placed a 13-point demand