Industry

US 20% Counter-Tariff Kicks In, Triggers Export Surge at Ctg Port

Chattogram: The newly imposed 20 percent counter-tariff on Bangladeshi exports to the United States took effect at 10 am on Wednesday, prompting a sharp surge in shipments from Chattogram Port as exporters rushed to beat the deadline.

According to B…

Inflation Rate in Bangladesh Reaches 8.55% in July 2025

Dhaka: The general point-to-point inflation rate in the country in July, 2025 reached 8.55 percent.

According to Bangladesh Sangbad Sangstha, the latest data from the Bangladesh Bureau of Statistics (BBS) indicated that the inflation rate was mainly…

Stock Markets Show Resilience Amid New US Tariffs

Dhaka: Most stock markets gained Thursday even as President Donald Trump’s new tariffs on dozens of countries took effect, with investors eyeing exemptions from his threatened 100-percent levy on semiconductors. Sentiment was also lifted by hopes of e…

Bangladesh’s Overall PMI Score in July Increases to 61.5

Dhaka: The July reading of the Bangladesh Purchasing Managers’ Index (PMI) increased 8.4 points from the previous month, reaching 61.5, indicating a faster expansion rate. This marks significant progress for the country’s economy, particularly in the …

Sony Hikes Profit Forecasts Following Strong Gaming Quarter

Tokyo: PlayStation-maker Sony raised its annual profit forecasts, driven by robust performance in its gaming division and a smaller-than-expected impact of US trade tariffs. The Japanese electronics and entertainment giant reported continued strong mo…

Toyota Cuts Annual Profit Forecast, Share Price Falls

Tokyo: Japanese auto giant Toyota on Thursday cut its annual net profit forecast to 2.66 trillion yen ($18.06 billion) owing to the impact of US tariffs. “Due to the impact of US tariffs and other factors, actual results showed decreased operating inc…