Global Business

Global Business

IMF loan tranches: Agreement with IMF at last

The government has reached a staff-level agreement with the International Monetary Fund for the fourth and fifth tranche of the $4.7 billion loan programme, putting to bed months of uncertainty over their disbursement.

1h ago

'Panic and paralysis': US firms fret despite China tariff reprieve

Trump's escalating trade war since his return to office saw US duties on Chinese goods -- including toys -- reach a whopping 145 percent

11h ago

US inflation cooled in April as Trump began tariff rollout

he consumer price index (CPI) eased to 2.3 percent in April

12h ago

US President Trump blinked in trade war with China. Can Southeast Asia get a break, too?

It took one weekend in Geneva for US President Donald Trump to roll back what has been seen till now as the raison d’etre of his presidency

14h ago

Trump says 'very strong' trade deal with China will see it 'open up'

US President Donald Trump said Washington had the blueprint for a "very, very strong" trade deal with China

17h ago

Bepza secures $480 million investment this fiscal year so far

Today, Chinese firm Qingdao Dongfang agreed to invest $4.5 million in Ishwardi EPZ

1d ago

China lifts Boeing ban after US trade talks: report

Last month the American aircraft maker confirmed that Chinese airlines had stopped accepting delivery of new planes due to huge tit-for-tat levies imposed by both sides.

1d ago

Most Asian markets extend rally in glow of China-US truce

Equity markets across the world rallied with oil and the dollar

1d ago

Meta posts big profit, aims to take AI lead

The parent company of Facebook, Instagram, and WhatsApp saw its net income soar 59 percent to $62.36 billion for the full year, while fourth-quarter profits jumped 49 percent to $20.84 billion.

3m ago

SoftBank eyes $15-25 bn investment in OpenAI: FT

The report comes after Chinese startup DeepSeek sparked panic this week with a powerful new chatbot developed at a fraction of the cost of its US competitors, dealing a blow to markets.

3m ago

Market-based pricing can cut fuel prices by Tk 10-15 a litre: CPD

The existing automatic pricing formula does not reflect global markets, the think-tank says

3m ago

Top UAE companies to invest in Bangladesh

Two major companies from the United Arab Emirates, Abu Dhabi Ports Group and Masdar, have unveiled plans to invest in Bangladesh’s port development, management, and logistics, as well as the renewable energy sector.

3m ago

Increasing efficiency of NBR essential for business growth

Finance Adviser Salehuddin Ahmed yesterday said that increasing the efficiency of the National Board of Revenue (NBR) is essential for the growth of trade and commerce in the country.

3m ago

Don’t hike gas price further: factory owners

Four associations, including BGMEA, sent joint letter to the power adviser

3m ago

Davos presents elites with economic Rorschach Test

Muhammad Yunus, the Nobel laureate who is leading Bangladesh’s government after protests forced out the previous prime minister, told Reuters Breakingviews that the upheaval in his country demonstrated the dangers of sycophantically praising politicians who pursue headline GDP growth without much thought about the consequences.

3m ago

China manufacturing activity contracts for first time in four months

Policymakers have battled to reverse a post-pandemic slump driven by a crisis in the property sector, weak consumption and high government debt.

3m ago

Weak yuan, Trump tariff threats confound Beijing's economic puzzle

Just days after beginning his second term in the White House last week, Trump said he would impose a 10 percent levy on all Chinese products from February 1, while leaving the door open for negotiations.

3m ago

40 local firms to participate in world’s largest trade fair in Germany

The five-day show, Ambiente 2025, will begin on February 7

3m ago