Global Business

Global Business

Trump’s remittance tax plan poses threat to Bangladesh

The US House Budget Committee voted late on Sunday to move forward with President Donald Trump's "One Big Beautiful Bill Act", a proposal that could make sending money back home more expensive for three lakh Bangladeshis currently living in the United States.

7h ago

Banks can now pay fees for correspondence courses abroad

The facility shall be admissible for one correspondence course at a time

12h ago

Apple supplier Foxconn to invest $1.5 billion in India unit

In March, Apple ramped up India production, exporting around 600 tons of iPhones worth $2 billion to the US.

17h ago

Japan's Honda to scale back on electric vehicles, concentrate on hybrids

It plans to launch 13 next-generation hybrid models globally in the four years from 2027.

19h ago

China's central bank cuts two key rates to historic lows

The five-year LPR, the benchmark for mortgage loans, was cut from 3.6 percent to 3.5 percent, it said.

19h ago

RMG export to EU rises 29% in Jan-Mar

Bangladesh shipped $5.98 billion worth of apparels to the EU in the first three months of 2025

1d ago

Opinion / How is the economy doing?

The silver lining is that the economy isn’t falling apart

1d ago

Samsung’s next big bet? M&A hopes rise in advanced tech

Questions remain over whether the company has the liquidity to pursue large-scale deals

1d ago

Asian markets drop after US loses last triple-A credit rating

The move dealt a blow to markets, which had enjoyed a healthy run-up last week after Washington and China hammered out a deal to temporarily slash tit-for-tat tariffs

1d ago

Strained ties: non-tariff barriers and the future of Bangladesh-India trade relations

The non-tariff barriers hurt Bangladesh-India trade, increasing costs and damaging bilateral trust

1d ago

Taka weakens against US dollar again

The inter-bank exchange rate hit Tk 122.78 per US dollar today

2d ago

China slaps anti-dumping duties on plastics from US, EU, Japan, Taiwan

The commerce ministry's findings conclude a probe launched in May 2024, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports.

2d ago

Moody's downgrade intensifies investor worry about US fiscal path

The ratings agency cut America's pristine sovereign credit rating by one notch on Friday, the last of the major ratings agencies to downgrade the country, citing concerns about the nation's growing $36 trillion debt pile

2d ago

Trump tariff highlights the need for diversifying exports: special assistant to CA

He says this at a discussion organised by the International Business Forum of Bangladesh

3d ago

Central bank caps passport endorsement fee at Tk 300

No additional service fee or charge can be collected beyond this amount

3d ago

Vietnam steps up talks with US to reduce hefty tariff

Vietnam has the fourth-largest trade surplus among all US trading partners, worth $123.5 billion last year

3d ago

Tokyo, Osaka top trending destinations for summer travel

Mastercard Economics Institute says in its report on travel trends in 2025

5d ago

Trump: India has offered US a trade deal with no tariffs

The United States is India's largest trading partner, with bilateral trade totalling some $129 billion in 2024

5d ago