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.
Stocks gained in morning trade today, extending their positive run for the second consecutive day.
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.
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.
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.
We use cookies to improve your experience, deliver personalized content and ads, and analyze our traffic. By continuing to browse our site, you agree to our use of cookies. Cookie Policy