Eastern Refinery Limited (ERL), Bangladesh’s sole state-run facility for processing crude oil into various petroleum products, set a record by surpassing its installed production capacity in fiscal year 2024-25.

Tariffs will accelerate Toyota Motor’s advantage. The world’s largest carmaker is barely raising its prices in the US, despite President Trump’s 25 percent levy on auto imports. If Tokyo fails to win a reprieve, manufacturers with slimmer margins will struggle to emulate the $222 billion company and could lose market share fast.

The Centre for Policy Dialogue (CPD) yesterday urged the interim government to review its cancellation of 31 letters of intent (LOI) which the past regime signed with potential investors of solar power projects without adopting any tender process.

Businesses inside the BSCIC Industrial Estate in Jamalpur, some 166 kilometres north of the capital Dhaka, are suffering due to dilapidated roads and, most recently, waterlogging caused by dysfunctional and clogged drainage systems.

Record remittances lift reserves, but economy burdened by sluggish tax, bad loans, high joblessness

For three banks, 2024 brought cause for celebration as they crossed the milestone of Tk 1,000 crore in annual profits for the first time. But for nine others, it was a year of reckoning, marked by mounting losses and a desperate fight for survival.

Import and export activities resumed at sea and land ports across the country yesterday after revenue officials called off their two-day nationwide shutdown on Sunday evening.

The United States is Bangladesh’s single largest export destination.

Jean Pesme assumes World Bank Bangladesh, Bhutan director role; brings vast financial expertise

The DSEX lost 1.38 points to close at 4,838.39

Trade activities restart at Akhaura port, NBR staff protest ends, financial relief

The DSEX lost 9.10 points to 4,830.67 as of 11:20 am

Remittance inflows crossed the $30 billion mark on Saturday, two days before the fiscal year is due to end, making it the highest receipts yet in Bangladesh’s history.

Following a stern government warning and mounting pressure from the country’s top business leaders, officials of the National Board of Revenue have withdrawn their shutdown.

In the sweltering US summer, metal containers decorated with snowmen and sleighs are taking shape -- but tempers are also rising as their manufacturer grapples with President Donald Trump’s steep steel tariffs.

Bangladesh stands on the brink of a major digital transformation, poised to overhaul its citizen identity system.

Logistics costs in Bangladesh remain high, at an estimated 15 percent to 20 percent of the GDP, far above the global average of 8 percent to 10 percent, according to the Dhaka Chamber of Commerce and Industry (DCCI).

Bangladesh is currently going through a transition towards a fully flexible exchange rate regime, and the process may take time, said the International Monetary Fund (IMF).

Export and import activities at sea and land ports across the country ground to a near halt, as a nationwide shutdown by revenue officials entered its second day yesterday.

The 50 banks collectively earned Tk 39,958 crore from treasury bonds in 2024, up from Tk 27,626 crore in the previous year, according to an analysis of their audited financial statements.