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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

4 hour(s) ago
Mobile financial services (MFS) are increasingly becoming a major channel for remittances sent by millions of Bangladeshis working abroad.
4 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
whatsapp_image_2023-11-18_at_10.26.32_pm.jpeg

Interest rate in inter-bank trade highest in decade

The interest rate on overnight borrowing and lending in the inter-bank call money market hit 8.07 percent by the end of last week, the highest in more than a decade, reflecting a tight liquidity crunch in the banking sector.
18 November 2023, 23:00 PM
tcb_food_security.png

1.19cr people faced acute food insecurity in May-Sep: FAO

About 1.19 crore people in Bangladesh experienced high levels of acute food insecurity from May to September this year despite record cereal harvests in 2022 and 2023, said the Food and Agriculture Organisation (FAO) in a report on Friday.
12 November 2023, 01:00 AM
Cotton, yarn imports plunge

Cotton, yarn imports plunge

Bangladesh’s cotton and yarn imports nosedived in the first nine months of 2023 as falling demand in the global and local markets, erratic gas supply and the US dollar crisis weighed on textile milers.
6 November 2023, 00:53 AM
Export plunges to a 26-month low

Export plunges to a 26-month low

Exports earnings fell to $3.76 billion in October, the lowest in 26 months, as shipment of apparel items became the last major victim to the falling global demand as consumers tighten belts amid higher inflation.
3 November 2023, 03:54 AM
Blockade could dent supply chain, economy

Blockade could dent supply chain, economy

The economy, which is already reeling under the pressure owing to persisting volatility in the foreign exchange market and higher inflation, is set to face another major setback as the nationwide blockade could disrupt the smooth operation of the entire supply chain.
31 October 2023, 01:56 AM
Candy, noodles top export items alongside biscuits

Candy, noodles top export items alongside biscuits

Candy, which did not attract the attention of exporters even a decade ago, has become one of the top five items in Bangladesh’s processed food export basket, highlighting the much-needed value-addition brought on by manufacturers. 
25 October 2023, 01:00 AM
Shipowners benefitting little from taka depreciation

Shipowners benefitting little from taka depreciation

The devaluation of taka has increased competitiveness of Bangladesh’s oceangoing ships
23 October 2023, 15:31 PM
Bangladesh's rice production rose for 6th consecutive year in FY 2022-23

Rice production hits record high

Rice production in Bangladesh grew for the sixth consecutive year in fiscal year (FY) 2022-23 as farmers expanded cultivation areas of high-yielding varieties (HYV) and hybrid rice in place of local varieties.
16 October 2023, 01:00 AM
whatsapp_image_2023-10-11_at_9.56.21_pm.jpeg

Wheat import surges

Wheat imports grew four times in the first quarter of this fiscal year as businesses showed an interest in tapping into reduced international prices of the second most-consumed grain in Bangladesh.
12 October 2023, 02:58 AM
No good news in investment as well

No good news in investment as well

With major indicators showing stress in the economy, there is no good news in the investment flow too as investors now prefer to stay away from taking new projects or expanding their existing capacity.
10 October 2023, 01:00 AM
‘Illicit financial flows must stop’

‘Illicit financial flows must stop’

Mostafa Kamal, chairman and managing director of Meghna Group of Industries, says in an interview
7 October 2023, 14:13 PM
BB creates Policy Advisor post

BB raises policy rate at sharpest pace in a decade

Amid criticisms over the delay in squeezing money supply, the Bangladesh Bank yesterday made borrowing costlier as it raised the policy rate by 75 basis points to 7.25 percent to step up its fight against inflation..This is the sharpest pace of rate increase in at least a decade, said a ce
5 October 2023, 00:38 AM
provident-funds.jpg

Provident funds to pay 27.5% tax

Companies and organisations will be required to file tax returns on the income generated by employee welfare funds from the current fiscal year and pay a 27.5 percent tax on the earnings. 
20 September 2023, 00:00 AM
Powder milk imports dip to 8-year low as consumers tighten belts

Powder milk imports dip to 8-year low as consumers tighten belts

Bangladesh’s imports of milk and cream plummeted to 118,000 tonnes in the last fiscal year of 2022-23, the lowest in eight years, after a section of consumers cut consumption of milk-based foods and beverages in a bid to manage costs amid heightened levels of inflation. 
11 September 2023, 00:00 AM
Will Bangladesh be affected by India's possible sugar export ban?

Will Bangladesh be affected by India's possible sugar export ban?

Sugar prices have risen globally over the last couple of months
28 August 2023, 15:55 PM
rice-acreage.gif

Bangladesh’s rice acreage, production to drop

Land use for rice cultivation in Bangladesh is likely to decline in marketing year (MY) 2023-24, which began on May, forecasted the US Department of Agriculture at the end of last week. 
26 August 2023, 18:00 PM
Tariff commission wants zero import duty on onion until Dec 31

Tariff commission wants zero import duty on onion

The commission writes a letter to the NBR
21 August 2023, 15:35 PM
Bangladesh to import onion from 9 more countries

Summer onion cultivation expands slowly

Bangladesh is registering a slow spike in the cultivation of onions during summer with the government patronising the expansion to reduce high import dependence during the lean season from October to November.
19 August 2023, 18:00 PM
Digital banks in Bangladesh

A fifth of banks jump on digital bandwagon to power growth

Nearly a fifth of conventional banks in Bangladesh are preparing to establish digital banks to expand their reach to every nook and cranny of the country, win and retain tech-savvy customers without physical presence.
11 August 2023, 00:00 AM
NRB Bank Bangladesh

NRB Bank plans to introduce neo-banking services

NRB Bank is planning and working to onboard digital banking facilities as well as introduce neo-banking services for its customers, according to the top official of the private bank.
5 August 2023, 18:00 PM

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