Commerce, Industry and Textiles Minister Khandaker Abdul Muktadir on Thursday said Chinese investment, technology and innovation are vital to making Bangladesh's textile and garment industry more sustainable, eco-friendly and technology-driven.
Chinese investment, technology and innovation are vital to making Bangladesh's textile and garment industry more sustainable and technology-driven, Commerce, Industries and Textiles and Jute Minister Khondaker Abdul Muktadir said at a Bangladesh-China green textile…
Bangladesh received $1.74 billion in remittances during the first 13 days of May, up 37.5% from $1.27 billion in the same period a year earlier, central bank data showed Thursday.
Air India will cancel about 400 international flights a month from June through August, including a temporary suspension of direct Mumbai-Dhaka service, as Middle East conflict drives up jet fuel prices, the carrier said…
A growing exodus from villages to Dhaka and other cities has left fields short of hands at the height of the boro rice harvest, with farmers paying up to Tk 1,500 a day and…
Information Minister Jahid Hossain Spon has said, "We are bearing the burden of a Tk 30 lakh crore loan debt. The flawed economic policies of the previous Awami League government are being borne by…
Bangladesh Bank's Board of Directors has given preliminary approval for the closure or winding up of five non-bank financial institutions (NBFIs) in the country. The process of closing or winding up these institutions will…
The government has set new prices for the skinning of sacrificial animals in view of the upcoming Eid-ul-Azha. In the decision made this time, salt beef skin has been priced at Tk 2 per…
The Executive Committee of the National Economic Council approved nine development projects worth about 36,695.72 crore taka on Wednesday with Prime Minister Tarique Rahman in the chair.
Opposition leader and Jamaat-e-Islami Amir Dr. Shafiqur Rahman said that the country's market instability is due to the influence of middlemen and hoarders. On Tuesday (May 12) morning, after inspecting the Shah Ali Paikari…
Turkish Investors' Interest in Bangladesh is Growing. Many Turkish investors have been visiting Bangladesh to explore investment opportunities and gain insights into the local market. This information was shared in a statement sent out…
Bangladesh's Finance Minister Amir Khasru Mahmud Chowdhury has stated that the government is emphasizing the concept of "democratization of the economy" to involve communities outside the country's mainstream economy in economic activities. He made…
Bangladesh Bank granted 2.63 trillion taka in deferral relief to 19 banks for provisioning shortfalls last year, allowing 11 to show profits while eight still posted big losses, an analysis of 2025 financial reports…
Oil prices in the world market have risen again after U.S. President Donald Trump rejected Tehran's response to Washington's proposal for a ceasefire. On Thursday, the price of Brent crude rose by 3.17 percent…
"We can't withdraw our deposited money, profits have also stopped for two years. We are being forced to borrow money to run our households." Angry customers of the unified Islami Banks expressed their frustration…
News that the Chattogram-based S. Alam Group could regain ownership of Bangladeshi banks under a new resolution ordinance has alarmed depositors, many of whom are pulling out savings from affected banks burdened by record…
The sale of TCP goods through mobile trucks will start from Monday in anticipation of Eid-ul-Azha. Minister of Commerce Khondker Abdul Muktadir will inaugurate the program in the Agargaon area on Monday. This information…
Ahead of the upcoming Eid-ul-Azha, the Bangladesh Bank has issued new guidelines to curb the spread of counterfeit notes in the country's livestock markets. The central bank has provided ten directives to the branch…
A 40-year-old farmer was electrocuted while connecting a paddy threshing machine to a power source in Sadullapur upazila of Gaibandha on Sunday morning, local authorities said.
DAP Fertilizer Co. restarted production at its Anwara plant in Chattogram on May 9 after an 18-day shutdown caused by an ammonia shortage, the company’s managing director said.
With domestic gas output falling by 100 mmcf a year, business leaders and economists called for greater use of LNG, solar power and energy-efficient technology to sustain industry.
Multinational firms in energy, banking and defense booked record first-quarter earnings as fighting between Iran, the United States and Israel disrupted global supply chains.
Most vegetables in Dhaka are now selling for more than 60 taka per kilogram, and the price of cardamom has jumped by up to 400 taka, traders said Friday.
Saudi Arabia recorded a 125.7 billion riyal (about $33.5 billion) budget deficit in the first quarter of 2026, its largest since 2018, the finance ministry said.
DHAKA — The National Pay Commission has recommended doubling monthly pensions for government retirees who earn less than 20,000 taka a month and raising the Boishakhi allowance to 50 percent of basic pay, officials…
Bangladesh will build its first public-private partnership solar power plant on government land in Feni, the country's economic zones authority said Thursday, signing a memorandum of understanding with the state-run power utility to launch…
DHAKA — Shops and shopping malls in Bangladesh will stay open until 10 p.m. instead of 7 p.m. from May 12 through Eid ul-Adha, the country's shop owners' association said Thursday.
Switzerland's Federal Electricity Commission warned that the ongoing U.S.-Israel war with Iran has created uncertainty over gas supplies for the coming winter and could threaten the stability of power supplies across Europe.
DHAKA — Bangladesh’s gold price has risen again, with the price of a bhori of 22-carat gold raised by Tk 2,216 to Tk 244,711, the Bangladesh Jewellers Association said.
Crude oil prices climbed on global markets Thursday on reports that Iran and the United States are close to a preliminary peace agreement, with U.S. crude futures up about $1 a barrel in early…
The Bangladesh Securities and Exchange Commission has ordered Vanguard Asset Management to return funds to a mutual fund within 30 days for two investments made in violation of securities laws, or face fines.
The Dhaka Stock Exchange closed lower as 216 of 391 companies that traded saw share prices fall, with the benchmark DSEX index dropping 18.86 points to 5,248.37.
After weeks of uncertainty, a tanker carrying 100,000 tonnes of crude oil arrived at Chattogram port Wednesday, clearing the way for Eastern Refinery Ltd. to resume full production.
The Bangladesh Power Development Board has formally asked the regulator to raise wholesale electricity tariffs by 17% to 21% to cut the government's mounting subsidy bill.
DHAKA — Bangladesh's headline inflation rose to 9.04% in April from 8.71% in March as food and non-food prices climbed, the Bangladesh Bureau of Statistics said Wednesday.
DHAKA — A 23-member pay commission led by former finance secretary Zakir Ahmed Khan has recommended that the lowest government basic salary more than double from 8,250 taka to 20,000 taka and the highest…
A 32-year-old auto-rickshaw driver in Cumilla's Chouddagram died of electrocution while trying to repair a TV dish cable that had moments earlier injured his wife.
Salt is essential for preserving animal hides, so demand spikes sharply before Eid ul-Adha. Workers at salt factories along Chattogram's Anu Majhi Ghat are putting in long hours to meet the seasonal rush.
Bangladesh plans to roll out a new public-sector pay scale in three phases starting fiscal year 2026-27, adding about 35,000 crore taka ($2.9 billion) to the upcoming budget to fund the first stage, finance…
A welfare body for Bangladesh’s 22 lakh civil servants will hold rallies across the country in May to push the government to issue a gazette on the ninth pay scale, which the finance ministry…
The United Arab Emirates' decision to leave OPEC is likely to increase global oil supply and may lead to lower prices, as the UAE plans to set its own production levels from May 1.
The OPEC Fund for International Development announced a $1.5 billion aid package for developing countries to help them cope with the energy and trade crisis caused by the Iran war.
Customers and shareholders of Islami Bank held a human chain in Dhaka on Wednesday demanding the return of money laundered from the bank and the repeal of a new banking law.
Prime Minister Tarique Rahman told Parliament on Wednesday that the government's Family Card scheme will not put pressure on the national budget and will instead help reduce inflation.
TEHRAN — Iran has loaded about 4.6 million barrels of crude oil at its export terminals, the maritime analytics firm TankerTrackers reported, indicating exports are continuing despite a U.S. naval blockade.
Years of unpaid electricity bills at Bihari camps in Saidpur, Nilphamari, have piled up to about 66 crore taka, leaving the Northern Electricity Supply Company struggling to collect.
DHAKA — The Executive Committee of the National Economic Council approved 14 projects worth a total of 13,445 crore taka and ordered an inquiry into repeated extensions of road sector projects.
The Bangladesh government raised bus fares by 11 paisa per kilometer Thursday after a fuel price hike, with new fares taking effect immediately, the road transport and bridges minister said.
DHAKA — Prime Minister Tarique Rahman on Thursday announced the formation of a 10-member joint committee of the ruling and opposition parties to recommend solutions to the country's ongoing energy crisis.
The government has no plan to hand over the Chattogram port to any foreign operator, Shipping Minister Sheikh Rabiul Alam told parliament on Wednesday, although foreign operators may run individual terminals.
International crude oil prices fell Tuesday on the prospect that peace talks between Iran and the United States could resume, raising hopes for greater supply from the Middle East.
Finance Minister Amir Khasru Mahmud Chowdhury told parliament Tuesday that Bangladesh has paid off $90.66 million in foreign debt since the current government took office.
Outstanding bills owed to public and private power plants in Bangladesh have reached 52,300 crore taka, Energy Minister Iqbal Hasan Mahmud told parliament Sunday.
Bangladesh received about $1.97 billion in remittances during the first 18 days of April, with daily inflows averaging $109 million, the central bank said Sunday.
Bangladesh will dissolve six government agencies including BIDA, BEPZA and BEZA and merge them into a single new body called the Investment Development Authority, officials said.
Traders in Jashore's Chougachha upazila are selling 12-kg LPG cylinders at up to 2,200 taka, well above the government-set rate, prompting consumer complaints.
Iran's oil exports have climbed sharply despite a U.S. naval blockade, with Tehran using a vast 'ghost fleet' of tankers to ship crude to China and other markets, maritime trackers say.
DHAKA — The Bangladesh Energy Regulatory Commission has raised the consumer price of furnace oil by 24.59 taka per liter, effective from midnight Sunday.