Foreign investors scale back holdings anticipating pre-election political tension
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Trump warns of ‘economic disaster’ if supreme court rules against his tariff powers
US President Donald Trump has warned that the United States could face an “economic and national security disaster” if the Supreme Court rules against his administration’s use of emergency powers to impose sweeping tariffs on imports from nearly every country. Speaking at the White House on Monday, Trump announced that his administration planned to issue […]
BY Insider Desk
BRAC Bank, IDCOL finance major solar project in Pabna
BRAC Bank PLC and the Infrastructure Development Company Limited (IDCOL) have jointly financed a 64.55-megawatt solar power plant in Pabna, one of the largest of its kind in Bangladesh. The $67 million term loan facility was completed with BRAC Bank contributing $22 million and IDCOL $45 million, according to a statement issued on Friday. The […]
BY Insider Desk
Interest payments hit record Tk 1344.30 billion in FY25
Bangladesh spent a record Tk 1344.30 billion ($15.7 billion) on interest payments in the fiscal year 2024–25, equivalent to nearly one-fifth of the national budget, according to the Finance Division’s latest report. The figure almost matches the government’s development expenditure under the Annual Development Programme (ADP), which totalled Tk 1443.56 billion for the same year. […]
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Meta projected $16 billion annual revenue from scam-related ads, leaked documents reveal
Meta Platforms internally projected that around 10 percent of its total revenue – roughly $16 billion a year – comes from advertising tied to scams and prohibited products, according to internal company documents obtained by Reuters. The previously undisclosed files, spanning from 2021 to early 2025, reveal that the parent company of Facebook, Instagram, and […]
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Onion prices remain high at Tk 120 a kg despite government monitoring
Onion prices in Dhaka’s retail markets have remained at their recent high of Tk 120 per kilogram, after an abrupt surge earlier in the week. Prices have jumped about 40 percent in just five days from Tk 80 a kilogram, leaving consumers—especially those with limited incomes—struggling to cope. Data from the Trading Corporation of Bangladesh […]
BY Insider Desk