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Dr. Khalil redesignated as Nat’l Security Adviser

Dr. Khalilur Rahman, Chief Adviser's High Representative for the Rohingya Issue and Priority Affairs, was redesignated as the National Security Adviser today.

The Cabinet Division has issued a gazette notification to this end. Dr Khalil will retain his functions as the High Representative for the Rohingya issue.

Additionally, he will assist the Chief Adviser in the discharge of his responsibilities relating to the Ministry of Defence. "I am very gra...

Trump announces 90-day tariff pause except for China

President Donald Trump announced a 90 day pause on his sweeping tariffs Wednesday, giving all countries a 10 percent baseline except China, which will see even higher levies.

"Based on the lack of respect that China has shown to the World's Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately," Trump wrote on Truth Social.

Saying that more than 75 countries had asked for negotiations ove...

US foreign investment shifts course

Alex Irwin-Hunt, fdiintelligence.com

The US is becoming a less prominent source of capital in an early sign that President Donald Trump’s ‘America First’ agenda is leading companies to shift investment plans to support US manufacturing and jobs.

Preliminary fDi Markets data for the first two months of 2025 show that the US’s role as a source of global foreign direct investment has continued to diminish und...

Youngone Chairman honoured with honorary citizenship

Kihak Sung, Chairman of Youngone Corporation and a pioneer in Bangladesh’s readymade garments (RMG) and textile sectors, who first came to the country in the mid-1990s, was honoured with honorary citizenship on Wednesday for his outstanding contributions to the industry and Bangladesh economy. Chief Adviser Prof Muhammad Yunus handed over the citizenship document to Sung at the formal inaugural ceremony of the Bangladesh Investment Summit-2025 at a city hotel.

Economy struggling but to recover in next fiscal

The Asian Development Bank (ADB) has sharply revised down its growth forecast for Bangladesh, now projecting the country's economy to expand by just 3.9% in the fiscal year 2024–25. This represents a significant reduction from the 5.1% forecast issued in September 2024 and a steep decline from the 6.6% projection made in April 2024.

In addition, the ADB warns that Bangladesh's annual average inflation is expected to rise further, reaching 1...

BD envoy to Spain highlights infrastructure, connectivity

On the occasion of the celebration of the 54th anniversary of Independence and the National Day of the People’s Republic of Bangladesh, Ambassador Mohammed Sarwar Mahmood held a reception last Monday for the Diplomatic Corps and the Bangladeshi community in Madrid. Ambassador Mohammed Sarwar Mahmood began his speech by emphasizing that “the ultimate goal of our independence was to end the oppression of the then ruling class and eliminate all forms of economic, social and political exploitation and
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