Annual sales of engine oil in Bangladesh more than doubled to Tk 8,000 crore in 2024 from Tk 3,616 crore five years ago, driven by higher prices, increased mobility, industrial growth and overall economic activities..And the sector is expected to clock more growth in the coming years, indu

First Security Islami Bank PLC has sent its managing director on a forced leave over his alleged involvement in irregularities centring loans provided to companies linked with S Alam Group.

The price of poultry feed remains high in Bangladesh despite its fall in global markets, said Suman Hawlader, president of the Bangladesh Poultry Association (BPA).

The government’s recent move to increase value-added tax (VAT) on 43 goods and services has raised two key questions: will it generate enough revenue to avoid a huge budget deficit and will it further stoke an already high inflation?

The local currency taka has officially depreciated against the US dollar after seven months as the central bank recently raised the reference rate for taka-dollar transactions by Tk 2.

Despite some episodic spikes here and there, the economy of Bangladesh is still struggling, and the government isn’t sure what the top priority should be.

Six out of the 21 private inland container depots (ICDs) have come up as the major handlers of export and import-laden containers in the just concluded year of 2024, when business in the ICDs rose 16 percent year-on-year.

An internal audit found Syed Waseque Md Ali’s involvement in loan irregularities with S Alam’s companies

KDS Logistics managed to retain its top position among ICDs in handling export and import containers in 2024

Bangladesh Poultry Association says, revealing plan to start selling eggs, chicken countrywide

Asia’s factory powerhouses ended 2024 on a soft note as expectations for the New Year soured amid growing trade risks from a second Donald Trump presidency and China’s fragile economic recovery.

Seat bookings for passenger ships that ply the inland waterways of Bangladesh, including the Barishal to Dhaka route, has decreased by at least 66 percent.

December has brought some good news! Remittance hit a record high, taking the total for the 2024 calendar year to $26.87 billion. Exports surged too, pushing the final annual figure to $50 billion.

The Asian Development Bank (ADB) has outlined 20 conditions for Bangladesh to access $600 million in the second tranche of a loan for the implementation of its “Strengthening Economic Management and Governance Program”.

The Bangladesh Bank (BB) has lowered the cash margin for opening letters of credit (LCs) to import cars as the country’s foreign exchange inflow and dollar stocks show improvement.

The Bangladesh Bank (BB) yesterday asked banks to keep a maximum of Tk 1 as a spread between the buying and selling rates of the US dollar.

Bangladeshi patients searching for better healthcare than that available at home are increasingly travelling to Thailand instead of India as the neighbouring country is limiting visa issuances for Bangladeshi nationals.

Bangladesh’s exports hit $50 billion in 2024, buoyed by a sharp December spike, providing the much-anticipated breather for an economy facing multiple headwinds, including external account pressures.

Pakistan’s consumer inflation rate slowed to 4.1 percent year on year in December, the statistics bureau said on Wednesday, the lowest in more than 6-1/2 years.

Gold prices rose on Thursday, extending gains from 2024 as investors weighed potential shifts in the US Federal Reserve’s interest rate outlook in the face of President-elect Donald Trump’s proposed tariffs and their likely impact on inflation.