The Bangladesh Investment Summit 2025 has drawn initial investment commitments totaling Tk 3,100 crore, according to Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of the Bangladesh Investment Development Authority (BIDA). He disclosed the information during a press conference

New industrial and captive gas consumers in Bangladesh will now face a 33 percent hike in tariffs compared to existing rates. Under the revised pricing, newly connected industrial users will be charged Tk 40 per cubic metre, up from the current rate of Tk 30.  For new captive

Evaly Managing Director Mohammad Rassel and Chairperson Shamima Nasrin have been sentenced to three years of rigorous imprisonment in a fraud case.  Dhaka Metropolitan Magistrate M Mizbah Ur Rahman passed the verdict today. The court also fined them Tk5,000 each. The case,

Gold prices in Bangladesh have hit a new record, with the price of 22-carat gold rising by Tk 4,187 to Tk 1,63,214 per bhori (11.664 grams). The Bangladesh Jewellers’ Association (BAJUS) has set the new price, which will be effective from today (April 13). Before this, the

US President Donald Trump's administration has exempted smartphones, computers and some other electronic devices from "reciprocal" tariffs, including the 125% levies imposed on Chinese imports. In a notice, US Customs and Border Patrol said that the goods would be

Turkish Trade Minister Prof Dr Omer Bolat met with Bangladesh's Information and Broadcasting Adviser Md Mahfuj Alam on the sidelines of the Antalya Diplomacy Forum 2025. The meeting was held on the sidelines of the 'Antalya Diplomacy Forum, 2025' in Turkiye on Friday.

Despite India’s withdrawal of the transshipment facility, trade between Bangladesh, India, Nepal, and Bhutan through the Banglabandha land port has remained unaffected. On April 9, India officially cancelled the transshipment facility, which had previously allowed Bangladesh to

The price of gold in Bangladesh has hit a new record once again, rising by Tk 2,403 per bhori (11.664 grams) to Tk 1,59,027.  The Bangladesh Jewellers' Association (BAJUS) announced the new price on Thursday (April 10). The decision was taken by the members of the Standing

Abdul Samad Dawood, Chief Executive Officer of Engro Holdings from Pakistan, met with Bangladesh’s Chief Adviser Professor Muhammad Yunus today at the State Guest House Jamuna, where they discussed potential investment areas in Bangladesh. During the meeting, the Engro CEO shared

After days of steadfastly defending his decision to implement extensive "reciprocal" tariffs on numerous countries, Donald Trump and his administration have now stepped back, announcing a pause on the planned tariff hikes.  This shift came after news surfaced that the

Square Pharmaceuticals PLC has received the Excellence in Investment Award 2025 under the Local Investment category at the inaugural Bangladesh Investment Summit. The award was presented by the Bangladesh Investment Development Authority (BIDA) in recognition of the company’s

Finnish companies are looking to broaden their business engagement with Bashundhara Group, focusing on key sectors including engineering, technology, energy, and sustainable development, Finland's ambassador to Bangladesh said on Wednesday (April 9). “Bashundhara Group

India’s central bank has cut interest rates by 0.25 percentage points, citing growing concerns over the global economic impact of US President Donald Trump’s new tariffs. The Reserve Bank of India (RBI) reduced its key repo rate — the rate at which it lends to

Gulf-based B2B commerce leader Sary is joining forces with ShopUp, Bangladesh’s most capitalized startup, in a landmark merger aimed at facilitating the entry of Bangladeshi goods into the Saudi market. Both companies specialize in connecting micro, small, and medium-sized

A delegation from the International Monetary Fund (IMF) is currently in Dhaka to review the government’s reform progress as part of the fourth and fifth installments of the $4.7 billion loan.  Following a meeting with Bangladesh Bank on Tuesday (April 8), the central

South Korean investors are poised to make substantial investments in Bangladesh, following the interim government’s recent initiatives to foster a more favourable climate for foreign investment. This development was revealed during a meeting between a delegation of South Korean

Commerce Adviser Sk Bashir Uddin said on Tuesday that since Bangladesh’s key focus is on narrowing the trade deficit, steps have already been taken to expand duty-free access for local products in the United States. Sk Bashir Uddin also said that a formal request had been sent to

A group of foreign investors visited the Bangladesh Special Economic Zone (BSEZ) in Araihazar, Narayanganj today (April 8), marking the second day of the Bangladesh Investment Summit 2025. As part of the visit, Swedish company Nilorn’s local unit, Nilorn Bangladesh Limited,

European stock markets opened with steep losses, mirroring a wave of sell-offs across Asia.  Germany’s DAX index plunged nearly 10% in early trading before clawing back some ground, while London’s FTSE 100 dropped close to 6%. In Asia, Hong Kong’s Hang Seng

The four-day Bangladesh Investment Summit 2025 begins today, spotlighting the country’s dynamic investment landscape and recent economic reforms. Designed to promote Bangladesh’s investment prospects and structural changes in the post-July revolution era, the summit also