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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

8 March 2026, 00:00 AM
Mobile financial services (MFS) are increasingly becoming a major channel for remittances sent by millions of Bangladeshis working abroad.
8 March 2026, 00:00 AM
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
mfs.jpg

MFS booming but largely confined to fund transfer

More than a decade has passed since the rollout of mobile financial service (MFS) in Bangladesh, but its use has largely been limited to fund transfers though it can become a major vehicle to turn the country into a cashless economy eliminating its over-dependence on fiat currencies.
27 February 2023, 02:00 AM
graph.jpg

Depositors withdraw Tk 11,426cr from Islamic banks in 3 months

Deposit flow to Islamic banks in Bangladesh registered a fall in the fourth quarter of 2022, the first such decline in eight years, in a sign of erosion of confidence among savers owing to loan irregularities.
24 February 2023, 02:00 AM
Rules eased for US cotton import in Bangladesh

Rules eased for US cotton import

The government has eased the rule of compulsory fumigation test for import of American cotton, particularly from the United States, clearing the ways for smooth import of the raw material of textile mills, the backward linkage industry for country’s main export earning garments.
23 February 2023, 02:30 AM
Consumers feel the heat of war everywhere

Consumers feel the heat of war everywhere

Nearly a year ago when President Vladimir Putin launched a full-scale invasion of Ukraine, many had thought that the war would end soon
22 February 2023, 03:00 AM
russia-ukraine major sources of wheat

Russia, Ukraine now major sources of wheat for Bangladesh

Russia and Ukraine have become major sources of wheat for Bangladesh after India’s ban of its shipment, thanks to a United Nations and Turkey brokered grain deal that allowed moving the cereal from Ukraine over the Black Sea. 
19 February 2023, 04:00 AM
aman-paddy

Dollar crisis hurts pesticide imports, may hit crop output

Crop protection chemical sellers in Bangladesh are facing difficulty in opening letters of credit amid banks’ lack of interest owing to the crunch of the US dollar.
14 February 2023, 02:00 AM
ship.jpeg

Pvt ship owners irked over BSC privilege

A shipping ministry rule issued last week stipulating that only Bangladesh Shipping Corporation (BSC) will be able to carry goods imported by the government has created frustration among private oceangoing ship operators. 
12 February 2023, 03:00 AM
rangpur.jpg

Potato acreage shrinks to 7-year low

Potato acreage has declined to a seven-year low this season as many farmers switched to other crops, particularly mustard, as the production cost of the oilseed is lower than the tuber while its prices are more attractive.
9 February 2023, 03:30 AM
Tax collection growth

Tax collection growth on the decline

Tax collection growth slowed drastically in the first half of the current fiscal year due to falling customs tariff and direct taxes amid declining imports and reduced profits of firms, limiting the government’s scope to spend on development activities.
8 February 2023, 02:30 AM
jute exports from Bangladesh

No respite from jute export slump

Earnings from jute exports from Bangladesh slumped for the second consecutive year in July-January, raising concerns for the promising industry, one of the few sectors for which raw materials are locally available.     
6 February 2023, 02:00 AM
khwaja-shahriar.jpg

Raising fund thru bonds to cut costs of NBFIs

Raising fund by issuing bonds is a very good option for the non-bank financial sector and banks as medium and long-term debts will reduce overall costs, said a top executive of LankaBangla Finance. 
4 February 2023, 18:00 PM
rice.jpg

USDA revises up Bangladesh’s rice production forecast

The US Department of Agriculture (USDA) has revised upward its forecast regarding Bangladesh’s rice production in the marketing year (MY) 2022-23 beginning from last May.
29 January 2023, 04:00 AM
rice milling

Meghna Group of Industries, TK Group enter rice milling

Meghna Group of Industries (MGI) and TK Group, two major commodity processors in Bangladesh, are set to enter into the milling and marketing of rice, a move that may intensify competition but drive small operators out of the market.
25 January 2023, 02:30 AM
LC

After energy, LC opening crisis now cripples businesses

At the beginning of 2022, businesses were upbeat and many of them thought that the worst stemming from the losses induced by the coronavirus pandemic was finally over. That was short-lived. 
23 January 2023, 02:00 AM
wheat cultivation

Wheat acreage expands on record prices

Farmers, buoyed by soaring prices of flour in the domestic market because of the decline in imports, have brought more areas under wheat cultivation this season in a welcoming development.  
22 January 2023, 04:00 AM
asm-mainuddin-monem.jpg

Abdul Monem Ltd goes from strength to strength

Bangladesh launched its first metro rail on December 28. Albeit it is running on a limited scale at present, it holds the promise of offering a fast-commuting experience to thousands of people every day and contributing to ridding the capital city of notorious traffic congestion.  
15 January 2023, 02:40 AM
Bangladesh expands cargo carrying capacity

Bangladesh expands cargo carrying capacity by sea

Bangladesh’s entrepreneurs, encouraged by prospects, tax and VAT benefits, expanded their capacity in oceangoing shipping sector, with the total number of vessels rising to 91, the highest so far, at the end of 2022 from 80 ships a year ago. 
10 January 2023, 02:30 AM
local-airlines.jpg

Local airlines look to rebound from pandemic losses

The year 2022 had been a good year for Bangladesh’s two local airlines thanks to increased flow of travellers after the authorities lifted pandemic-related restrictions.
9 January 2023, 03:30 AM
pvt-sector-foreign-debt.jpg

Pvt sector foreign debt sees first fall since 2020

For the first time since December 2020, private sector borrowing from external sources declined as the appetite among firms eroded for increased borrowing costs.
2 January 2023, 02:30 AM
aman paddy farming

Farmers come to our rescue, yet again

When Abdul Haque woke up at dawn yesterday, not even the bone-chilling cold or the fog could stop him from getting out onto the field.
1 January 2023, 01:00 AM

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