The interim government has decided not to sign an agreement with US-based Excelerate Energy to build another regasification plant for liquefied natural gas (LNG) imported by Bangladesh, according to officials of state-run Petrobangla. 

The volume of cash outside the banking sector of Bangladesh has been increasing since the start of the year due to persistent inflation, the loss of consumer confidence in the sector due to the presence of ailing lenders, and the prevailing situation following the recent political changeover.

The commerce ministry on Monday sent a letter of consent to the foreign ministry, requesting Bangladesh’s entry into the China-led Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade pact.

After successful trials, three local drug makers are set to begin full-fledged commercial production of active pharmaceutical ingredients (APIs) at the BSCIC API Industrial Park at Gazaria in Munshiganj.

Labour and Employment Adviser Asif Mahmud Shojib Bhuiyan today said the government planned to initiate a pension scheme for readymade garment (RMG) workers to ensure their financial security after retirement

Several economic theories help explain the current scenario.

Sadek Mia, a daily wage earner who came to Moulvibazar six months back in search of work, has been finding it hard to bear his living expenses and send money to his family members in Sunamganj Sadar upazila.

Retired Major General Md Anwarul Islam made new chairman of the company

The company will annually produce 70 million pieces of pullers of zippers

This is the first step taken to join the world's largest trade pact 

Starting today, corporate businesses and farmers will supply eggs directly to the wholesalers in capital at a reasonable price set by the government.

As the current political transition in Bangladesh stands, it presents a rare opportunity for massive reform that must not be missed. Navigating this pivotal time requires focus on changes that enhance governance, foster a business-friendly environment, and protect the rights and freedoms of our people. This reformative era should aim to build a transparent, competitive ecosystem that boosts investor confidence and curbs corruption.

United Commercial Bank (UCB) is currently running a forensic audit to look into the role played by the previous board of directors and management committee, its new chairman, Sharif Zahir, said in a press conference yesterday.

The country’s steel production fell significantly in September compared to the previous year as the industry reeled from a damaging slump in demand and subsequent price reduction.

Until early September this year, Mahfuza Begum’s Surzu Handicrafts was making eco-friendly, lightweight and reusable net shopping bags out of jute and cotton for a handful of buyers.

The share of unemployed tertiary-educated youth within the total unemployed population in Bangladesh increased to 27.8 percent in 2022 from 9.7 percent in 2013 as many struggled to find jobs that match their skills and educational qualifications, according to the latest World Bank (WB) report.

The prices of essential and grocery commodities have skyrocketed in Bagerhat amid supply crunch..Green chilli, priced at Tk 180-220 per kilogramme just a week ago, is now being sold at Tk 600 per kg

Tariff commission recommended reducing VAT on imports of oil to 10 percent

A delegation of the US-based LNG company calls on chief adviser

This was the second consecutive year of losses for Desco