Business-Economy

Revised US tariff to take effect 7 days after Trump’s executive order

Staff Correspondent: The United States’ announcement of a 20% reciprocal tariff on goods imported from Bangladesh will come into effect at 12:01am (eastern daylight time) – Bangladesh time 10:01am, seven

Exporters fear of reducing buyers’ capacity for 20pc US tariff

Staff Correspondent: Bangladesh apparel exporters fear that the recent US tariff on Bangladeshi goods will reduce the buying capacity of American buyers and dampen consumer demand, even though the rate

Indian apparel stocks slide after US lowers Bangladesh tariffs

TDS Desk: Share prices of leading Indian apparel companies dropped by up to 7% on Friday, hours after US President Donald Trump announced 5% lower tariffs for Bangladesh compared with

US reduces tariffs on Bangladesh to 20pc from 35pc

BSS, Washington, DC: The United States (US) has reduced its tariff rate on goods from Bangladesh to 20 percent, a significant reduction from the previous 35 percent, after a final

7.2pc private sector credit growth projected for next six months

Staff Correspondent: Bangladesh Bank has projected that private sector credit growth will be 7.2 percent for the next six months, down from the previous target of 9.8 percent, reflecting the

Remittance inflow rises by 32pc in 30 days of July

Staff Correspondent: The inflow of remittances witnessed a remarkable year-on-year growth of 32%, reaching $2,368 million in the 30 days of July, according to the latest data from the Bangladesh