PMI signals modest economic growth in December 2025
FE REPORTEconomic activity expanded marginally in December, according to the latest Purchasing Managers' Index (PMI), which remained firmly in expansionary territory despite mixed sectoral performance. The modest uptick was driven mainly by continued strength in agriculture, manufacturing and services, even as construction activity weakened.The PMI rose by 0.2 points from...
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NBR unveils automated online VAT refund system
The National Board of Revenue (NBR) on Wednesday launched an automated online Value- Added Tax (VAT) refund system, allowing refunds to be transferred directly in taxpayers' bank accounts, a move considered ending long-standing delays and harassment in the refund process, reports BSS.NBR Chairman Md Abdur Rahman Khan formally inaugurated the...
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US corn shipment arrives for first time in 8 yrs
The first shipment of US corn to Bangladesh since 2018 has arrived at Chattogram port, marking a renewed chapter in agricultural trade between the two countries and giving Bangladeshi feed millers access to American grain after a prolonged hiatus.The 57,855-tonne consignment of yellow corn reached the port recently, a spokesperson...
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Large piles of fresh winter pumpkins are stacked at Shyambazar in Sadarghat after arriving from areas near Dhaka
Large piles of fresh winter pumpkins are stacked at Shyambazar in Sadarghat after arriving from areas near Dhaka as traders sort and prepare them for wholesale. The photo was taken recently. — FE photo by Shafiqul Alam
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LPG traders threaten nationwide supply halt from today
Liquefied petroleum gas (LPG) traders have warned of ceasing the supply and marketing of LPG across the country from today (Thursday) if the energy regulatory commission does not fix fresh prices and the administration does not stop "harassment".LP Gas Traders' Cooperative Society Ltd at a press conference on Wednesday demanded...
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Pakistan eyes defence pact with BD, sale of JF-17 jets
The air force chiefs of Pakistan and Bangladesh held talks on a potential pact covering the sale of JF-17 Thunder fighter jets to Dhaka, Pakistan's military said, as Islamabad widens its arms supply ambitions and beefs up ties with Bangladesh, reports Reuters.The talks in Islamabad come as Pakistan looks to...
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Bangladesh will not play World Cup in India
Bangladesh's Youth and Sports Advisor Asif Nazrul said on Wednesday that he would try his best to convince the International Cricket Council (ICC) to relocate Bangladesh's venues for the ICC T20 World Cup, insisting that the governing body of the sport had failed to grasp the gravity of Bangladesh's concerns,...
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Migration from Bangladesh on rise amid poor govt support
The number of Bangladeshi outbound migrant workers has been on the rise in recent years amidst inadequate budgetary and other technical support from the government for the key remittance earning sector.The Refugee and Migratory Movements Research Unit (RMMRU) said this in its year-end analysis, which was shared on Wednesday at...
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BD among 25 new countries under US costly visa bond rule
The United States has expanded a visa bond policy to include Bangladesh and 24 other countries, requiring citizens of these nations to post refundable bonds of up to $15,000 as part of their application for a US visitor visa, according to the US State Department website, reports UNB.Under the updated...
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Auction turns into single-player contest as Robi pulls out
The planned auction for the 700-megahertz (MHz) spectrum has been reduced to a single-player contest following Robi Axiata's formal withdrawal, leaving Grameenphone as the only remaining operator in the field. The move has left the telecom regulator with little option other than a direct allocation if the auction proceeds.Robi confirmed...
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