At least 52 garment factories, both small and large, have closed in the past six months in Chattogram thanks to a 25 percent drop in work orders amid political instability, according to Industrial Police sources.

The government will increase the number of beneficiaries of various social safety net schemes by at least 10 lakh from fiscal year (FY) 2025-2026, but allowances will see a small increase, although poor groups have been facing stubbornly high inflation for years.

China has been the single largest trading partner for Bangladesh for many years, but imports from the country have far outweighed exports

Analysts are turning more cautious on US corporate earnings for the first quarter of this year, with the Trump administration’s policies threatening to trigger a global trade war that could undermine economic growth.

The finance adviser said the Finance Division already determined the allocations for various ministries and divisions in the upcoming budget.

TIB said it earlier expressed concern after it came to know that Public Audit Bill 2024 was in the process of being finalised in a non-transparent manner. It later got the draft of the bill and gave its feedback.

He pointed out that while some economic indicators suggest resilience, persistent governance failures, particularly in the banking sector, remain a major concern.

The factory, which employed around 1,200 workers, is owned by former Awami League lawmaker Sifuzzaman Shikhor

The golden rule of crony capitalism, in which profits are private but losses are social, has led to blatant injustice, as is generally recognised.

Nearly 10 lakh out of 15 lakh e-return filers have submitted zero returns, he says at ERF event

The possible price of the 20-decimal Cumilla land will be Tk 1.9 crore

Bangladesh Submarine Cables has decided to reduce bandwidth prices by 10 percent, which is likely to reduce internet bills at users' end.

With Eid-ul-Fitr just a week away, weavers in Pabna and Sirajganj, the country’s major handloom cloth-producing regions, are frustrated by soaring production costs and poor sales.

Bangladesh must ensure long-term political stability, maintain policy consistency, and improve regulatory processes to create an environment conducive to attracting more Japanese investment, according to speakers at a discussion yesterday.

The summit presents a crucial opportunity to restore investor confidence, showcase economic reforms, and position Bangladesh as a competitive investment destination.

Bangladesh needs to ensure an environment conducive to attracting companies, especially multinational ones, with good track records to the stock market, said Rupali Haque Chowdhury, president of the Bangladesh Association of Publicly Listed Companies (BAPLC), yesterday.

Of the 35 NBFIs in the country, a dozen are currently struggling to repay depositors due to an acute liquidity crisis

There is no denying the fact that Bangladesh’s economy has grown at a steady and relatively fast pace since the early 1990s.

Gold fell 1 percent on Friday due to a stronger dollar and profit-taking, although lingering geopolitical and economic uncertainties, and US Federal Reserve rate cut prospects kept bullion on track for a third consecutive weekly rise.

However, SME linkage loans will be exempt from this requirement.