US importers race to create bonded warehouses amid Trump tariffs

Companies importing goods into the United States from China are rushing to convert warehouses into facilities that are exempt from President Donald Trump's tariffs until they are ready to sell the merchandise.

Admin May 21, 2025 0
Stocks rise for second day

Stocks gained in morning trade today, extending their positive run for the second consecutive day.

Admin May 21, 2025 0
DCCI seeks security amid investment uncertainty

The Dhaka Chamber of Commerce and Industry (DCCI) today demanded an "investment-friendly atmosphere" to restore business confidence, citing concerns among entrepreneurs due to an unstable law and order situation.

Admin May 21, 2025 0
The shadow of a 5% tax: Bangladesh's remittance dilemma

The latest proposal by US President Donald Trump that foreign remittances sent from the US be taxed at 5 percent is a cause of major concern for Bangladesh. With Bangladesh as one of the leading recipients of international remittances, the country risks notable economic repercussions if ever such a proposal is implemented. During the first nine months of the 2024–25 financial year, remittances from the USA amounted to approximately $3.94 billion and accounted for more than 18 percent of the country's total remittance inflows. The amount highlights the significance of the Bangladeshi diaspora in the United States and their vital role in the national economy.

Admin May 21, 2025 0
Nearly 42% of deposits held by 0.1% of account holders: PRI study

Only 0.1 percent of account holders have deposits of Tk 1 crore or more, and they collectively held almost 42 percent of the total deposits in the banking system in 2024.

Admin May 21, 2025 0