Japan loses status as top creditor
Japan has lost its position as the world’s top creditor after 34 years, falling behind Germany, even as its net external assets last year hit a record high, officials said Tuesday...
Economy
Economic corridors can boost regional dev
Planning adviser Wahiduddin Mahmud said economic corridors can be beneficial for the economies of the countries in the region...
FY26 budget should focus on damage control: Amir Khasru
Bangladesh Nationalist Party standing committee member Amir Khasru Mahmud Chowdhury has urged the interim government to focus on damage control in the upcoming national budget instead of continuing with current policies...
Trump delays EU tariffs until July 9
US president Donald Trump said on Sunday that he would pause his threatened 50-per cent tariffs on the European Union until July 9, after a ‘very nice call’ with European Commision president Ursula von der Leyen...
WB to provide $270m for sustainable upturn
A financing agreement was signed on Sunday between the government of Bangladesh and the International Development Association of the World Bank Group involving $270 million loan to implement the ‘Bangladesh Sustainable Recovery, Emergency Preparedness and Response Project (B-STRONG)’...
German minister urges ‘serious talks’ with US on tariffs
German finance minister Lars Klingbeil on Sunday urged ‘serious negotiations’ with the United States after President Donald Trump threatened to bring in 50-percent tariffs on imports from the European Union...
NBR Reform Unity Council withdraws strike
The NBR Reform Unity Council on Sunday withdrew its previously announced full-fledged strike and welcomed the government’s announcement that all necessary amendments to Revenue Policy and Administration Reform Ordinance, 2025, will be made by July 31.
Bangladesh government fixes rawhide prices ahead of Eid-ul-Azha
The interim government on Sunday set the prices of salted rawhide of cows at Tk 60- 65 a square foot in the capital Dhaka before Eid-ul-Azha, a Muslim religious festival during which animals, including cows and goats, are sacrificed in the country in large numbers...
ECNEC clears nine projects worth Tk 11,851cr
The Executive Committee of the National Economic Council on Saturday approved nine development projects with a total estimated cost of Tk 11,851.29 crore...
Rare earth production outside China ‘major milestone’
An Australian firm’s production of a heavy rare earth, a first outside of China, is a ‘major milestone’ in diversifying a critical supply chain dominated by Beijing, experts say.
Japan core inflation tops forecasts as rice prices almost double
Japanese inflation spiked to a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid the Trump administration’s trade war.
Trump fires new tariff threats at EU, Apple
US President Donald Trump ratcheted up the US trade war on Friday, threatening to impose a new 25 percent levy against Apple, and a 50 percent tariff on the European Union.
Salehuddin urges all to work together to overcome economic challenges
Bangladesh interim government finance adviser Salehuddin Ahmed on Friday urged all to work together for overcoming all challenges of the country’s economy.
No possibility of dissolving NBR now: ministry
There is no possibility of dissolving the National Board of Revenue right at this moment since it is very much time consuming to implement the recently promulgated ‘Revenue Policy and Revenue Management Ordnance 2025’ after necessary amendments...
Bangladesh need not meet all IMF conditions
Prominent economist Professor Abu Ahmed has questioned the logic behind complying with all the conditions set by the International Monetary Fund saying that following every prescription does not ensure economic progress...
