Trade and Economy
Bangladesh buys two more LNG cargoes from spot market
The government has approved the purchase of two more liquefied natural gas (LNG) cargoes from the spot market amid global fuel market volatility. According to a proposal from the Energy and Mineral Resources Division, the LNG will be procured through international tenders following the Public Procurement Rules 2025.
Oil prices fall 13 percent after Trump calls off Iran strike
Global oil prices have plunged after US President Donald Trump ordered a halt to military strikes on Iranian energy facilities.
99pc factories clear salaries, Eid bonuses before holiday: BGMEA
Wages and Eid bonuses for workers in the country's readymade garment industry have been almost fully cleared, according to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
Banks to remain open in key industrial zones for two days
Bangladesh Bank (BB) has directed scheduled banks to keep branches open in major industrial areas for two days to facilitate the payment of wages, bonuses, and allowances to workers in the ready-made garment sector.
Half of Bangladesh’s youth missed jobs over past decade: World Bank VP
World Bank Vice President for South Asia Johannes Zutt has said that nearly half of Bangladesh’s working-age youth failed to secure jobs over the past decade, with young women facing even greater challenges.
Global oil prices drop as Trump hints at end to Iran war
International oil prices have fallen after US President Donald Trump indicated that the war against Iran "may end very soon".
War tensions heat up energy markets, world economy at risk
Global crude oil prices are rising rapidly as the Strait of Hormuz remains effectively closed and the war involving Iran, the United States, and Israel intensifies. As a result, not only the energy market but the entire global economy is facing growing risks. Analysts warn that if oil prices continue to climb, it will have a direct impact worldwide on the prices of essential goods and the daily cost of living for ordinary people.
Inflation rises again, crosses 9 percent
Overall inflation in the country crossed the 9 percent mark again in February, the first time in the past nine months. The increase has renewed concerns for ordinary consumers.
Fuel prices unchanged for March
The government has decided to keep fuel oil prices unchanged for March. The information was announced in a notification from the Ministry of Power, Energy and Mineral Resources on Sunday, March 1.
3,220 tons of rice imported through Benapole port in 11 days
Bangladesh has imported 3,220 metric tons of coarse rice (non-basmati) from India via 23 shipments at Benapole Port over the past 11 days.