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Sohel Parvez

Sohel Parvez is the Business Editor of The Daily Star.

MFS--graph.jpg

MFS emerges as fast-growing remittance channel

10 hour(s) ago
Mobile financial services (MFS) are increasingly becoming a major channel for remittances sent by millions of Bangladeshis working abroad.
10 hour(s) ago
private investment in Bangladesh ports

Private investment hits 11-year low

1 March 2026, 00:00 AM
Bangladesh’s private investment fell for the third consecutive year, reaching 22.03 percent of Gross Domestic Product (GDP) in the fiscal year 2024-25, the lowest level in 11 years, amid a weak investment climate and macroeconomic stress.
1 March 2026, 00:00 AM
TakaPay Card Bangladesh

TakaPay struggles to gain traction two years after launch

25 February 2026, 00:00 AM
TakaPay card, the first-ever national debit card, has failed to secure a significant foothold in the two years since its launch by the central bank, aimed at reducing dependency on global payment networks such as Visa and Mastercard.
25 February 2026, 00:00 AM
Bangladesh LDC graduation 2026 preparedness

‘Substantial gaps’ found in LDC readiness

20 February 2026, 00:00 AM
Bangladesh has met the criteria to graduate from Least Developed Country (LDC) status, but serious gaps in trade readiness, macroeconomic stability and institutional strength could threaten a smooth transition in November 2026, according to a new independent assessment commissioned by the United Nations (UN).
20 February 2026, 00:00 AM
Hybrid rice coverage doubles in five years

Hybrid rice coverage doubles in five years

19 February 2026, 00:00 AM
Bangladesh has recorded a sharp jump in hybrid rice coverage as many farmers gradually move away from farming inbred and local varieties, looking for higher yields and profits.
19 February 2026, 00:00 AM
Concerns Over Trade Deal With US

US trade deal overshadows Bangladesh’s economic freedom

17 February 2026, 00:00 AM
The reciprocal trade deal signed by the interim government with the United States has raised questions regarding the economic sovereignty of Bangladesh, especially in decisions on trade, energy and security.
17 February 2026, 00:00 AM
mofizur rahman.jpg

Private aviation sends SOS amid policy turbulence

15 February 2026, 01:03 AM
Over the past three and a half decades, Bangladesh has seen the entry of several dozen private airlines and helicopter operators, driven by the ambition to capture a share of the country’s growing passenger and cargo market.
15 February 2026, 01:03 AM
Govt’s net bank borrowing jumps nearly fivefold

Govt’s net bank borrowing jumps nearly fivefold

5 February 2026, 00:00 AM
The interim government’s net borrowing from the banking system rose almost fivefold in the first seven months of the current fiscal year 2025-26, as spending raced ahead of sluggish revenue collection.
5 February 2026, 00:00 AM
Bangladesh exports

Export to Asia growing fast

Bangladesh’s exports to Asian markets are growing steadily thanks to increasing demand from several major markets but the country needs to sign trade pacts and diversify products in a continent where the consumer class is fast expanding.     
19 April 2023, 02:00 AM
shah-a-sarwar-1.jpg

IFIC Bank aims to serve one out of every four families

IFIC Bank Ltd, one of the oldest banks in Bangladesh, is expanding its physical presence fast across the country in its bid to bring one in every four families under its network, said its top executive.
18 April 2023, 03:00 AM
Capital machinery imports

Capital machinery imports keep falling

Bangladesh’s import of capital machinery has continued its falling trend as banks have remained cautious in financing purchases amid the dollar crisis while entrepreneurs showed reluctance to expand owing to slowing domestic and export sales. 
18 April 2023, 02:00 AM
Int’l air travels surge in Bangladesh in 2022

Int’l air travels surge in Bangladesh in 2022

International air traffic to and from Bangladesh hit the highest at least in four years in 2022, riding on pent-up demand for travel by migrant workers, non-resident Bangladeshis and the upper-middle-class segment.
12 April 2023, 02:00 AM
graph.jpg

Female bankers in top positions on the rise

An increasing number of female bankers are gradually securing top positions at banks thanks to their skills, competence and dedication, according to a Bangladesh Bank report released yesterday. 
10 April 2023, 18:00 PM
rice cultivation

More farmers joining in synchronised cultivation of rice

For the first time in his 30 years of farming, Samaresh Mondal is growing dry-season rice, locally named Boro, along with 50 of his peers in a synchronised manner in their locality of Satibunia under Botiaghata upazila of Khulna.
9 April 2023, 04:00 AM
wheat.jpg

Private wheat imports slump 45%

Wheat imports by the private sector have continued to remain low in Bangladesh than the last fiscal year as businesses are facing persisting difficulties in opening letters of credits owing to the dollar shortage at banks. 
7 April 2023, 03:30 AM
Shrimp exports

Shrimp exports recovering from downturn

Shrimp exports are gradually recovering from a downturn earlier this year mainly due to increased demand and prices for freshwater prawn and partly for brackish water shrimp locally known as black tiger, two exporters said.
4 April 2023, 02:00 AM
solar-panels.jpg

World’s greenest factory: making clothes, caring for nature

While passing through Nijhury Baraid Bazar, Bhaluka, around 100 kilometres north of Dhaka, anyone would spot the factory building on the side of the road.
2 April 2023, 03:00 AM
Hybrid rice

Hybrid rice planted on record area

Farmers have planted hybrid rice on the highest amount of land in the current Boro season, the source of the biggest crop output, to profit from higher production and prices of the staple grain in the market. 
29 March 2023, 02:30 AM
city-bank-ltd-2.jpg

City Bank: a phoenix in Bangladesh’s banking sector

Many banks in Bangladesh struggled to ensure expected profit in the last couple of years owing to the business slowdown, but The City Bank Ltd managed remarkable returns on the back of corporate governance and diversified products. 
28 March 2023, 03:00 AM
Non-bank financial institutions

NBFIs lose over 48,500 deposit accounts in 3 months

Non-bank financial institutions in Bangladesh lost 48,637 deposit accounts in the three months to December as savers moved away from NBFIs owing to the imposition of the cap on the deposit rate and the erosion of confidence in the wake of allegations of irregularities at some banks. 
27 March 2023, 03:30 AM
Soybean consumption to rise in Bangladesh: USDA

Soybean consumption to rise in Bangladesh: USDA

However, households are shifting to palm oil from soybean for high prices
25 March 2023, 13:49 PM
swamp.jpg

Shwapno targets massive expansion

Shwapno, the largest retail chain in Bangladesh, plans to raise the number of its stores by 10 times to 3,000 in the next three to five years to meet the growing demand for comfortable shopping among urbanites and become a profitable entity by increasing sales volume. 
24 March 2023, 03:30 AM
foreign bank deposits

Foreign banks see spike in deposits

Foreign banks operating in Bangladesh registered an 8.57 per cent growth in deposits in the October-December quarter of 2022, the highest since 2018, as many savers shifted their funds from local banks amid a confidence crisis. 
21 March 2023, 02:00 AM
ebl-1.jpg

Ensuring corporate governance, curbing NPL biggest challenges

The observation comes from Ali Reza Iftekhar, managing director and chief executive officer of Eastern Bank Ltd.
11 March 2023, 18:00 PM
mfs.jpg

Women-owned MFS accounts falling

Although the number of mobile financial service (MFS) accounts has grown in Bangladesh, the ratio of accounts held by women is falling, which, analysts say, is not desirable as increased participation of female is necessary for digital financial inclusion and gender equality.
7 March 2023, 03:00 AM
jute-packaging-act-2010.jpg

Jute bags mandatory, in practice a different story

The use of jute sacks to package 19 commodities remains a far cry 13 years past the enactment of the Mandatory Jute Packaging Act 2010. 
6 March 2023, 03:00 AM
Export brings $4.63b in Feb, lowest in four months

Export brings $4.63b in Feb, lowest in four months

Bangladesh’s export earnings stood at $4.63 billion in February, the lowest in four months, although overall receipts rose 7.81 per cent year-on-year led by apparel, leather and leather goods shipments, official figures showed yesterday.  
3 March 2023, 02:00 AM
Mohammad Iqbal Chowdhury, the first Bangladeshi CEO of LafargeHolcim Bangladesh

‘Never be complacent, take up new challenges to achieve perfection’

Chowdhury believes this has been the story behind success in the recent years for LafargeHolcim Bangladesh
28 February 2023, 13:59 PM

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