Trump's trade war ripples through the business world, hits stocks again
REUTERS/Brendan McDermidA trader works on the floor at the New York Stock Exchange (NYSE) in New York City, US, Apr 16, 2025. Stocks fell broadly, with tech stocks hit particularly hard after bellwethers like Nvidia that are highly tied into the world's supply chain warned of hits to their bottom line. The president was set to engage personally in talks with Japan over tariffs later on Wednesday. While the market volatility that erupted two weeks ago has ebbed, business leaders still say the uncertainty is stalling spending plans. Spending on goods and equipment - both to and from the United States - could also face a bumpier path.
Source:bd News24
April 17, 2025 04:33 UTC
BD's people will decide its future: US State Dept
They're facing what you've been describing for some-and in others that, of course, we've seen the reports as well. They are also a country that we've talked about often, certainly with the questions from the crew here. "However, Bruce did speak of the arrest warrant issued against British MP and ouster Bangladesh prime minister Sheikh Hasina's niece Tulip Siddiq. "What I do have is something I want to mention regarding Bangladesh, which is that there's been an arrest [warrant for] a UK MP Tulip Siddiq," she said. "The-this is from the Bangladeshi courts have issued that arrest [warrant].
Source:bd News24
April 17, 2025 02:38 UTC
Deposit growth dips to 7.89pc in February amid inflation, low confidence in banks
The total deposits stood at Tk 17.92 trillion in February, down from 8.28 percent growth the previous monthDeposit growth dips to 7.89pc in February amid inflation, low confidence in banksAfter climbing above the 8 percent mark in January, deposit growth in Bangladesh's banking sector has slipped below the threshold again. Bangladesh Bank’s updated report shows that since September in the current fiscal year, deposit growth had been declining, falling to 7.26 percent in that month. The last time such low deposit growth was recorded was in February 2023, when the rate fell to 6.86 percent. A senior official of Bangladesh Bank also cited declining public confidence in banks as a major reason for the drop in deposits. The Bangladesh Bank official added that rumours about the shutdown of Islamic banks after the fall of the government led to mass withdrawals by depositors, which pushed those banks into crisis.
Source:bd News24
April 16, 2025 19:20 UTC
Rain eases heat in Bangladesh, more showers forecast in coming days
Widespread showers cool down the country, with the highest rainfall recorded in Cox’s BazarRain eases heat in Bangladesh, more showers forecast in coming daysAfter days of intense heat across Bangladesh, rainfall in Dhaka and other parts of the country brought much-needed relief. The Bangladesh Meteorological Department (BMD) has predicted that the showers may continue for a few more days. In the capital, heavy rain began on Wednesday afternoon and continued intermittently until the evening. Cox’s Bazar recorded the highest rainfall during this period with 60 mm, while other areas saw light to moderate showers. Some areas may also experience moderately heavy to heavy rainfall.
Source:bd News24
April 16, 2025 18:28 UTC
Bhorer Kagoj dropped from govt media listing
The government inquiry exposed several inaccuracies. "Many of our dismissed colleagues are still waiting for their dues. I devoted 16 years of my life to this newspaper and considered it my own institution. Today, I feel deeply saddened. "�"bdnews24.com
Source:bd News24
April 16, 2025 17:49 UTC
Interim government delists Bhorer Kagoj from official media list
The interim government has revoked the official media listing of Bhorer Kagoj, a newspaper with a three-decade legacy, citing fraudulent circulation figures and misinformation regarding its printing press. On Jan 20, Bhorer Kagoj, which had been in print for 33 years, announced its closure through a notice. The government’s letter said a three-member inspection team from the DFP visited Bhorer Kagoj’s office and printing facilities on Jan 20. More than three months later, the newspaper resumed limited printing at Hamrai Press on Mar 11. In a follow-up visit on Mar 21, a two-member DFP team again found the main office, located at Karnaphuli Media Point, 2nd floor, closed.
Source:bd News24
April 16, 2025 14:35 UTC
Man sentenced to death for raping daughter in Chuadanga
The convict has also been fined Tk 200,000Man sentenced to death for raping daughter in ChuadangaA court has handed down the death penalty to a man for raping his daughter in Chuadanga. Chuadanga Women and Children Repression Prevention Tribunal Judge Syed Habibul Islam delivered the verdict on Wednesday. According to the case dossier, the teenage girl was married off on Feb 16, 2024, in Meherpur's Gangni Upazila. Following the revelation, the girl’s mother filed a case under the Women and Children Repression Prevention Act at Alamdanga Police Station on Mar 7, 2024. "The father has received the maximum punishment for raping the teenage girl.
Source:bd News24
April 16, 2025 11:58 UTC
Jamaat-e-Islami chief Shafiqur meets Khaleda in London
Jamaat-e-Islami chief Shafiqur Rahman has recently met with BNP Chairperson Khaleda Zia in the United Kingdom. Several senior figures from both parties confirmed that the meeting took place on Sunday at the residence of Khaleda Zia’s eldest son, BNP Acting Chairman Tarique Rahman, in London. Shafiqur returned to Bangladesh on Monday and later acknowledged that he had met with the BNP chairperson during his time in London. On January 08, Khaleda flew to London on a special air ambulance provided by the Emir of Qatar for advanced medical treatment. The details of that meeting remain undisclosed.
Source:bd News24
April 16, 2025 03:57 UTC
China Q1 GDP growth beats expectations, but US tariff shock dims outlook
REUTERS/Go NakamuraGantry cranes stand near shipping containers at Yangshan Port outside of Shanghai, China, Apr 15, 2025. A string of recent data has pointed to an uneven economic recovery, with bank lending beating expectations and factory activity picking up speed. While several other countries have been swept up in US tariffs, Trump has targeted China for the biggest levies. On a quarterly basis, the economy expanded 1.2% in the first quarter, slowing from 1.6% in October-December. In March, China unveiled fiscal measures, including a rise in its annual budget deficit.
Source:bd News24
April 16, 2025 03:36 UTC
Magnitude 5.6 earthquake strikes Hindu Kush region, Afghanistan, EMSC says
EMSC first reported the quake at a magnitude of 6.4An earthquake of magnitude 5.6 struck the Hindu Kush region in Afghanistan on Wednesday, the European-Mediterranean Seismological Centre (EMSC) said. The quake was at a depth of 121 km (75 miles), EMSC said, and the epicentre 164 km east of Baghlan, a city with a population of about 108,000. EMSC first reported the quake at a magnitude of 6.4.
Source:bd News24
April 16, 2025 03:22 UTC
NBR chairman sees Trump tariffs taking toll on BD's revenue collection
"We have to rationalise our duty structure a bit, as we have made some commitments under the US Treasury system," he said. "He also hinted at adjustments in the country's income tax policy, citing high rates of minimum tax and tax deduction at source. "Then where will the collection increase? "Our individual and corporate tax rates are comparatively quite low, so the tax in that sector will remain unchanged this year," he said. "The existing disparity in revenue rates, however, will be eliminated in the next budget.
Source:bd News24
April 15, 2025 18:17 UTC
Lightning strikes kill 3 farmers in Netrokona’s Khaliajuri
The UNO says another farmer was injured after struck by lightningThree farmers have been killed and another has been injured in lightning strikes that hit separate parts of Netrokona’s Khaliajuri Upazila. The incidents occurred between late afternoon and early evening in the Rasulpur, Krishnapur, and Hayatpur villages of Khaliajuri Upazila on Tuesday, according to Ujjal Hossain, the Upazila executive officer. The injured, Runu Mia, 30, is being treated at Khaliajuri Upazila Health Complex. Kabir was taken to Derai Upazila Health Complex in Sunamganj, where he succumbed to his injuries around 6:45pm. “He died on the spot after being struck by lightning,” said Omar Chowdhury, a local Union Parishad member.
Source:bd News24
April 15, 2025 18:14 UTC
More than 100 expelled on second day of SSC, equivalent examinations
The second day’s examinations included English First Paper for SSC candidates, Arabic Second Paper in the Dakhil stream, and Mathematics-2 for both SSC and Dakhil Vocational candidates. 31 EXPELLED FROM ENGLISH-1 EXAMThe SSC English First Paper examination under nine general education boards was held across 2,291 centres. Following the written tests, practical examinations for SSC candidates will be held from May 15 to 22. The written Dakhil exams will conclude on May 13 and practical examinations will be held between May 14 and 18. Vocational SSC and Dakhil students will wrap up their written assessments with the English Second Paper on May 13.
Source:bd News24
April 15, 2025 14:58 UTC
Rumours swirl over NovoAir closure. MD says 'not true'
The airline has resumed ticket bookings after a brief suspensionRumours swirl over NovoAir closure. MD says 'not true'Mofizur Rahman, the managing director of NovoAir, has brushed aside speculations of the private airline shutting down its services, putting an end to rumours swirling on social media. NovoAir, one of three private airlines in Bangladesh, has recently been the topic of widespread posts across social media platforms. Ticket booking has reopened as well.”Speculations of NovoAir exiting the business have circulated, across social media in particular, for nearly two years. Several private airlines in Bangladesh—such as United Airways, GMG Airlines, and Regent Airways—have already ceased operations in recent years.
Source:bd News24
April 15, 2025 13:54 UTC
Bangladesh shuts yarn imports from India through land routes
Under the retracted order issued on Aug 29, 2024, 100 percent of export-oriented industries with customs bond licences were allowed to import yarn via these land ports. Imports through land ports were still restricted for other businesses. With the latest order, the NBR has now imposed a blanket ban on all yarn imports via the land ports. Previously, yarn imports from India were only routed through these five land ports. The move comes in response to demands from the Bangladesh Textile Mills Association (BTMA), which first sent a letter to the commerce ministry and then to the NBR.
Source:bd News24
April 15, 2025 12:31 UTC