Business

Stocks Slump Amid Renewed Middle East Geopolitical Tensions

Dhaka: Stocks today extended losses as investors remained cautious amid uncertainty over the renewed geopolitical tensions in the Middle East, which further weakened market sentiment.

According to Bangladesh Sangbad Sangstha, the DSEX, the broad in…

CCEA Reduces Fertilizer Procurement Tender Period to 21 Days

Dhaka: The Cabinet Committee on Economic Affairs (CCEA) today has given approval in principle to reduce the minimum international open tender submission period for the emergency procurement of fertilizer raw materials from 42 days to 21 days to ensure…

Bangladesh’s Gross Forex Reserves Rise to $36.47 Billion

Dhaka: Bangladesh’s foreign exchange reserves stood at US$36.47 billion (gross), according to the latest data released by Bangladesh Bank today. The country’s gross foreign exchange reserves reached this figure, while reserves calculated under the IMF…

CCGP Approves Fertilizer Procurement for Agriculture Needs

Dhaka: The Cabinet Committee on Government Purchase (CCGP) today approved several procurement proposals, including the import of fertilizer. The approvals came at the 32nd meeting of the CCGP for 2026, held at the Cabinet Division in the capital with …

CCGP Approves Solar Power Plant with Battery Backup for Hatiya

Dhaka: The Cabinet Committee on Government Purchase (CCGP) today approved the establishment of a solar power plant with battery backup and an associated power distribution system at Hatiya upazila in Noakhali district to ensure a reliable and sustaina…

BB Doubles Exporters’ Retention Quota to 15pc

Dhaka: Bangladesh Bank (BB) has doubled the Exporters’ Retention Quota (ERQ) for merchandise exporters of goods with high import content, raising the permissible retention limit from 7.5 percent to 15 percent of the repatriated Free on Board (FOB) val…

Stocks Retreat as Late Selling Wipes Out Early Gains

Dhaka: The country’s stock market today ended lower as strong selling pressure in the final trading hour erased early gains amid persistent policy uncertainties and renewed tensions in the Middle East, dampening investor sentiment. The benchmark DSEX …

Remittance Inflow in Bangladesh Sees a 23.5% Rise in Early July

Dhaka: Bangladesh received US$2.095 billion in workers’ remittances during the first 21 days of July, the opening month of the 2026-27 fiscal year, marking a 23.5 percent increase compared with the corresponding period of the previous year.

Accordin…