“No country has achieved structural transformation with high export concentration,” he said
The move follows increasing pressure on UK authorities to assist Bangladesh in tracing assets tied to the previous regime
The DSEX lost 8.65 points to 4,776.45 as of 11:50 am
Thousands of young Bangladeshis from rural, low-income backgrounds are entering the gig economy to sustain their education
He threatened with a 25 percent tariff unless the devices are built in the United States
The government plans to raise the food subsidy allocation by 31 percent to Tk 9,500 crore in the upcoming fiscal year, aiming to ensure access to affordable food for poor and low-income households.
Although tanners have voiced opposition, the government will allow rawhide exports during the Eid-ul-Azha season with the aim of fostering demand and ensuring better prices for traders at the field level, Commerce Secretary Mahbubur Rahman said yesterday.
Bangladesh’s external debt soared to $103 billion by the end of December 2024, doubling from $51 billion in fiscal year (FY) 2016–17, as the sharp increase in borrowing coincided with a rapid expansion of the economy.
'We are in the midst of all sorts of challenges,' says the finance adviser
In the face of turmoil amid continued protest by employees, the government yesterday backtracked from its position and stated it would bring “required amendments” to the new ordinance that split the National Board of Revenue.
In the heart of Dhaka, amid vibrant toy displays and the hum of industry conversations at InterContinental Dhaka, sector people were talking about a quiet revolution — one that could redefine Bangladesh’s export landscape and lessen its long-standing reliance on imported toys.
A two-day BPO Summit Bangladesh 2025 is set to begin for the sixth time on June 21 at Senaprangan in the capital, bringing together firms in the business process outsourcing (BPO) sector.
There is a special breed of professionals in every Bangladeshi office, those who seem to know everything from quantum physics to kebab recipes. They speak with such confidence that even Google starts to doubt itself. But here is the twist: a new study by Stav Atir, Emily Rosenzweig, and David Dunning reveals that the more of an expert you are, the more likely you are to claim knowledge of things that don’t actually exist. Welcome to the glamorous world of overclaiming with “I know it all syndrome” or as we like to call it in Dhaka boardrooms, “Bhai, I already have the idea!”
Gold prices rose to a two-week peak on Thursday as investors leaned toward the safe-haven asset, driven by concerns over the US government’s growing debt and soft demand for 20-year Treasury bonds, a sign of low appetite for US assets.
Their four-point demand includes the repeal of the recently issued ordinance and the resignation of the NBR chairman
Students can now pay language course fees directly through banks
The outlook for the US economy remains weak despite a temporary cooling of the US-China trade war, a Reuters poll of economists showed, with a debate over the country’s fiscal health hanging in the balance.
Economists in a May 14-21 Reuters poll were unanimous the Trump administration's policies have hurt the economy
All three main indexes on Wall Street ended sharply lower.
The association urges the interim government to send a letter to India seeking the opportunity
The rush to bond U.S. warehouses for goods ranging from clothing to auto parts is a bet for some that raised U.S. tariffs will be only a short-term policy by the Trump administration.
Beijing condemned new US warnings on the use of AI chips made in China
The US House Budget Committee voted late on Sunday to move forward with President Donald Trump's "One Big Beautiful Bill Act", a proposal that could make sending money back home more expensive for three lakh Bangladeshis currently living in the United States.
Donald Trump can still cut deals and issue orders. But the US president’s power has waned since he imposed sky-high tariffs in April, only to backtrack. In particular, the balance of power between the United States and China, which should be critical to his promise to “Make America Great Again”, has shifted in Beijing’s favour.
Akij Food and Beverage Limited (AFBL), a concern of Akij Venture Limited, has initiated the process to raise Tk 500 crore for the company's expansion through the issuance of a zero-coupon bond.
The authorities are drafting amendments to the Competition Commission Act, enacted in 2012, to establish clearer criteria for identifying dominant market players across various sectors, according to officials.
The Bangladesh Export Processing Zones Authority (Bepza) has signed a Letter of Intent (LoI) with the International Labour Organization (ILO) to implement a two-year action plan (2025–2027) focused on labour reforms, aimed at strengthening workers’ rights and enhancing workplace safety across Ba
Social Marketing Company (SMC) has launched a new oral rehydration solution, “SMC ORSaline”, under the brand, “ORSaline-N,” featuring a fresh new packaging design..The newly unveiled pack commemorates SMC’s 50th anniversary, reflecting its enduring legacy of innovation and its remarkable i
Techvital Systems Limited has entered into a strategic sales partnership agreement with Indonesia-based Mega Andalan Kalasan (MAK) during the 16th Meditex Bangladesh 2025 exhibition, aiming to enhance access to advanced medical equipment in Bangladesh..Nizamuddin Hasan Rashid, managing dir
The Yamaha Riders Club, a community of motorcycle enthusiasts dedicated not only to biking activities but also to promoting social awareness, has recently launched a nationwide campaign entitled “Safe Road, Safe Ride” in observance of UN Global Road Safety Week..As part of the initiative,
Electro Mart Limited, a manufacturer and marketer of electronics and home appliances in the country, has recently introduced four new series under the renowned air conditioner brand Gree -- Cosmo, Shimo, Zeno, and Clivia -- to the Bangladeshi market..The newly launched series are equipped
Prime Bank Investment Limited (PBIL), a subsidiary of Prime Bank PLC, has entered into a memorandum of understanding (MoU) with WeGro Technologies Limited, a digital platform facilitating investment in agricultural ventures..Syed M Omar Tayub, managing director and CEO of PBIL, and Md Mahm
Watch today's episode of Star Explains to find out more
Watch to find out more in today's episode of Star Explains with Ahsan
In recent years, treasury bills and bond interest rates have exceeded those of savings certificates
When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.
Migrant Bangladeshis sent home $2.39 billion in October
If you place a frog in cold water and gradually heat it, the frog won’t react; it just adjusts, thinking “I can handle this”. But as the temperature keeps rising, it reaches a point where the frog realises it must escape. Sadly, by then, it’s too weak to jump. It didn’t die from the heat; it died from not acting in time. That’s the “Boiling Frog Syndrome”.
US President Donald Trump said on Thursday that India had offered a trade deal that proposed “no tariffs” for American goods, while expressing his dissatisfaction with Apple’s plans to invest in India.
The Bangladesh Bank (BB) has, somewhat unexpectedly, reverted to the exchange rate regime announced on December 31, 2024, effectively transitioning the country into a free-floating currency system.
The US dollar rate remained stable yesterday although Bangladesh adopted a market-based exchange rate regime the day before, giving some relief to businesses and importers.
Protesting officials and employees of the National Board of Revenue (NBR) yesterday vowed to continue their pen-down strike on Saturday, pressing a three-point demand, including the repeal of a new ordinance on restructuring the revenue administration.
Central bank finally adopts a market based exchange rate
Bangladesh’s transition from a least developed country (LDC) to a developing one will require a strong focus on quality, regulatory compliance, adherence to global standards, and environmental sustainability, an expert said yesterday..However, as businesses feared an erosion in duty benefi
Kaiser A Chowdhury has been elected chairman of AB Bank PLC..The election took place during the bank’s 813th board meeting, held at its head office in Dhaka recently, according to a press release..Chowdhury is a seasoned banker with extensive experience as a chief executive officer (
A two-member delegation from the Institute of Chartered Accountants of Bangladesh (ICAB), led by President Maria Howlader, met with Malcolm Bacchus, President of the Institute of Chartered Accountants in England & Wales (ICAEW), at the latter’s office in London, the United Kingdom (UK) recently.
AKM Mizanur Rahman has recently been elected chairman of the audit committee of NRB Bank PLC..The election took place during a meeting of the bank’s board of directors at its head office in Dhaka, according to a press release..Rahman is an independent director at Standard Ceramic Ind
