Once a thriving regional trade hub, Banglabandha land port—Bangladesh’s only quadripartite port linking India, Nepal, Bhutan, and Bangladesh—is facing a severe downturn due to its heavy reliance on stone imports.

Non-performing loans (NPLs) in Bangladesh soared by Tk 1.34 lakh crore in the second half of 2024, reaching Tk 3.45 lakh crore by December.

Although the interim government is focusing on reforms and new measures, corruption remains a major concern for businesses. Instead of waning, demands for undue payments by public officials have increased in some cases, said a top industrialist.

At the end of 2024, one-fifth of the total loans in the banking sector turned sour, mainly as the true extent of embezzlement by willful defaulters is now coming to light.

It’s a typical price pattern -- every year, as Ramadan approaches, the cost of essential commodities climbs, sometimes sharply. And 2025 is no exception.

On December 8 last year, the Arakan Army announced that it had seized control of the 271-kilometer border shared by Bangladesh and Myanmar after seizing a Border Guard Police’s (BGP) base in Rakhine State.

Compared to Ramadan 2024, several essential goods remain cheaper, but concerns remain over volatility in the market.

At the end of 2024, one-fifth of the total loans in the banking sector turned into bad loans, mainly because the true extent of fund embezzlement by willful defaulters is now coming to light

Once facilitating diverse trade, the port became dependent on Bhutanese stone over the years

With its growing population of students, young professionals, and families, Khilgaon has become a center of commerce, education, and entertainment

The government will provide Tk 525.46 crore from public coffers to clear wages and other service benefits of workers and officials of 14 Beximco textile and garment units that will shutter from today.

The Bangladesh Bank (BB) yesterday appointed a new administrator for Nagad, a mobile financial service provider mired in scandal, following the resignation of the previous administrator, Muhammad Badiuzzaman Dider.

Five enterprises and organisations were honoured at the EBL Climate Change Action Awards 2025 for their outstanding contributions to addressing climate challenges in Bangladesh.

Depositors continued to move their funds out of full-fledged Islamic banks in the October-December period last year, a sign that many savers have yet to regain confidence in the Shariah-compliant banks due to alleged irregularities.

The Executive Committee of the National Economic Council (Ecnec) is expected to approve in mid-March a development project proposal (DPP) for breakwater construction and access channel dredging for the Chattogram port’s Bay Terminal project.

Indonesia has struck a deal with Apple for the tech giant to invest in the country, its industry minister and the company said Wednesday, in a move that could end a ban on iPhone 16 sales in Southeast Asia’s biggest economy.

The Chattogram Port Authority (CPA) has ordered all lighter vessels to leave the port within 72 hours after loading imported goods from mother vessels anchored at the outer anchorage.

Trust Bank PLC, in cooperation with all scheduled banks operating in Jashore, recently organised a “School Banking Conference-2025” at the Software Technology Park auditorium in the district, aiming to promote financial literacy and the importance of savings among young students.

HSBC remains committed to making banking easier and more secure within the ever-evolving economic landscape by blending the power of digitisation, said Md Mahbub ur Rahman, chief executive officer of HSBC Bangladesh.

The Eastern Bank Limited (EBL) has denied allegations of loan irregularities and fund embezzlement, a day after one of its customers sought legal action against nearly four dozen senior officials and the bank’s chairman in a Chattogram court.