Fuel Prices Adjusted To Prevent Smuggling: State Minister Amit
State Minister Amit says fuel prices were adjusted to prevent smuggling to neighbouring countries, with diesel at full international pricing should be Tk 205/litre vs actual Tk 135.
⚡ Breaking
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Economy & Finance News
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⚡ Breaking Oil Hits Over 1-Week Low On Hopes Of Boost To Diplomacy In Iran War
Oil prices hit over 1-week low with Brent at $101.71 as hopes of US-Iran diplomacy emerge at UNGA, while Saudi exports recover through Hormuz despite East-West pipeline shutdown.
📊 Economy & Finance
⚡ Breaking Iran Economy Contracts 10.1% During US War: Official Statistics
Iran's economy contracted 10.1% year-on-year during the first quarter of the Persian calendar (March-June 2026) as the US-Iran war devastated economic activity, official statistics show.
📊 Economy & Finance
⚡ Breaking Standard Chartered Bangladesh Plans To Close Retail Banking, Sell Portfolio
Standard Chartered Bangladesh is preparing to sell its retail banking portfolio through competitive bidding, as part of global strategy to focus on corporate and wealth management clients.
📊 Economy & Finance
⚡ Breaking How Does Fed Rate Hike Threaten Bangladesh's Domestic Firms?
The Fed rate hike threatens Bangladeshi firms with floating-rate dollar debt through higher interest costs and taka depreciation, though export-oriented companies have a natural hedge through dollar revenue.
📊 Economy & Finance
⚡ Breaking Bangladesh Hikes Fuel Prices By Tk 20 Per Litre: Diesel To Tk 135, Octane To Tk 165
Bangladesh has hiked fuel prices by Tk 20 per litre across all four petroleum products, with diesel rising to Tk 135 and octane to Tk 165, as BPC losses reached Tk 22,876 crore amid Middle East war.
📊 Economy & Finance
Should Construction Costs Of Bangladesh Metro Rail Be So High?
Bangladesh has approved three metro-rail megaprojects at Tk 2.5 trillion. Columnist questions whether the abnormal costs and cost escalations are justified given the country's debt servicing burden.
📊 Economy & Finance
Mahbubur Rahman Re-Elected As ICC Bangladesh President For Two-Year Term
Mahbubur Rahman has been unanimously re-elected as president of ICC Bangladesh for a two-year term, with the board electing leadership team including FICCI and FBCCI representatives.
📊 Economy & Finance
Universal Pension Scheme Needs Exit Plan For Private Sector Workers
Bangladesh's Universal Pension Scheme needs an exit plan for private sector workers, as 99% of RMG employees surveyed are uninterested due to inability to access funds during financial hardship.
📊 Economy & Finance
⚡ Breaking Non-Performing Loans Below 5% In 13 Bangladesh Banks: Ranking Reveals Governance Gap
13 Bangladeshi private banks maintain NPL ratios below 5% despite the national average of 32.78%, with Community Bank, BRAC Bank and Pubali Bank leading through disciplined lending governance.
📊 Economy & Finance
⚡ Breaking Bangladesh Pauses Borrowing From Japan As JICA Interest Rate Hiked To 3.05%
Bangladesh has paused borrowing from Japan as JICA interest rates on development finance have been hiked to 3.05%, with Dhaka's request for lower rates going unheeded.
📊 Economy & Finance
BSEC Allows CDBL To Work As Mutual Fund Custodian In Capital Market Reform
BSEC has allowed CDBL to work as mutual fund custodian, expanding its portfolio beyond depository services amid criticism of existing MF custodians for fund management failures.