A steep 35 percent tariff on Bangladeshi garment exports to the United States would affect far more than the country’s $8 billion annual shipments, according to economists and business leaders.

In January this year, the MD was sent on forced leave over loan irregularities linked with S Alam Group

The company will purchase machinery worth Tk 92.53 lakh to set up the production line

Consumer prices expected up; tariff impact looms, halting Fed rate cuts

Simply raising the tax gap between listed and non-listed firms and taking some piecemeal steps would not restore investors’ confidence in the stock market, BNP Standing Committee member Amir Khosru Mahmud Chowdhury said yesterday..“Many foreign investors want to invest in the stock market,

The DSEX rose 15.83 points to 5,077.66 as of 11:42 am

He paid tribute to the students who lost their lives in the July Uprising last year

The dominance of middlemen, a lack of information, extortion, and unpredictable transportation costs have a significant impact, resulting in the high retail prices of vegetables, according to a recent Bangladesh Trade and Tariff Commission (BTTC) report.

Bangladesh will launch the third round of negotiations with the United States Trade Representative (USTR) next week, aiming to secure a more “rational” tariff structure before the August 1 deadline, said Commerce Adviser Sk Bashir Uddin yesterday.

Owners of Chattogram-based readymade garment factories, many of which do business with buyers in the United States, are worried about a US tariff hike to 35 percent set to take effect on August 1.

Top executives, directors, auditors, and issue managers of Ring Shine Textiles are facing regulatory action after a share placement scandal came to light.

China’s exports rose more than expected in June, official data showed Monday, after Washington and Beijing agreed a tentative deal to lower swingeing tariffs on each other.

Bangladesh sits at the bottom of a list of 37 countries in the Asia-Pacific region in terms of the tax-to-GDP ratio, largely stemming from the failure to tap into the potential originating from the steady growth of the economy and a lack of reform.

Local currency taka has started to gain strength against the US dollar for the first time in several years, as a steady inflow of foreign currency drives down the official exchange rate.

Gold rose to a three-week high on Monday, boosted by safe-haven demand after US President Donald Trump threatened tariffs on the European Union and Mexico, while silver hit a near 14-year peak.

While the continued decline in foreign direct investment (FDI) in Bangladesh remains a cause for concern, the first quarter of 2025 showed signs of promise. It reflects growing unease about the country’s investment climate and long-term competitiveness, but also presents an opportunity that can be harnessed through timely reforms and consistent, investor-friendly policy actions.

The Bangladesh Financial Intelligence Unit (BFIU) has sought bank account details of Md Obayed Ullah Al Masud, chairman and independent director of Islami Bank Bangladesh, and his family members.

State-run Bangladesh Standards and Testing Institution (BSTI) yesterday opened two laboratories to certify whether products labelled halal meet Islamic dietary laws and ethical standards, and whether helmets meet safety requirements.

The 35% tariff imposed by the US is not a final decision, as discussions are still ongoing

The Bangladesh Financial Intelligence Unit wants the information by July 15