Bangladesh has attracted $1.8 billion in greenfield foreign direct investment (FDI) in logistics between 2019 and 2024, accounting for 4.9 percent of South Asia’s total, according to a report by GlobalData and the International Finance Corporation (IFC).

The Asian Development Bank (ADB) will cancel or redirect around $408 million from projects in Bangladesh this year due to prolonged implementation delays, even as several ADB-funded schemes made progress.

Manufacturers say many factories closed while others sell at a loss just to meet loan instalments

The interim government has withdrawn a requirement for outsourced personnel to renew approvals for working in annual development programmes (ADP).

Real estate slump, stalled projects, and liquidity crunch hit ceramic firms

Lack of investment, skills mismatch fuel high graduate joblessness rate

Prolonging a short-term government is detrimental to the economy, as it hampers investment and employment, said Fahmida Khatun, executive director of the Centre for Policy Dialogue (CPD).

The Bangladesh Bank has decided to merge five struggling Shariah-based banks into a single entity, after their vulnerabilities became starkly visible following the political transition after the ouster of the Awami League-led government last year.

The interim government is preparing a farmland protection ordinance with strict measures against violations, said Agriculture Adviser Lt Gen (retd) Md Jahangir Alam Chowdhury.

Electric vehicles (EVs), once seen as a novelty for the rich, are gradually becoming a familiar sight on Dhaka streets.

When monsoon waters from surrounding rivers pour into Chalan Beel, the vast wetland once famed as the “House of Fish” comes alive. For generations, fishing in the wet season and field farming in the dry season sustained its people. In recent decades, thousands of ducks have joined the ecosystem, gliding across the waters in their flocks, lifting people out of poverty and reshaping the economy.

Bangladesh wants to increase imports of limestone, a key raw material for the cement industry, from Pakistan to meet the growing demand for the construction input, Commerce Adviser Sk Bashir Uddin said yesterday.

In August, the government approved the duty-free import of half a million tonnes of rice to stabilise the market

Bangladesh’s foreign exchange reserves hit $26.39 billion as of yesterday, according to calculations based on the International Monetary Fund’s Balance of Payments and International Investment Position Manual (BPM6) method.

The Implementation Monitoring and Evaluation Division (IMED) under the planning ministry has put forward a 15-point reform package to ensure the timely and efficient execution of development projects.

Bangladesh wants to finalise negotiations on an Economic Partnership Agreement (EPA) with the European Union by 2028, aiming to secure duty-free access to its largest export destination in the post-LDC period, Commerce Secretary Mahbubur Rahman said yesterday.

The 23rd edition of the DHL-The Daily Star Bangladesh Business Awards will be held today.

Gold prices rose on Friday, holding close to record highs hit earlier this week, as signs of a weakening US labor market reinforced expectations the Federal Reserve will deliver its first rate cut of the year next week.

The financial services industry stands at a decisive moment.

Global dairy giant Arla Foods plans to expand its operations in Bangladesh with a focus on affordable nutrition, local talent and long-term investment in the country’s dairy sector, according to Magnus Glennborn, vice-president and head of Southeast Asia at the company.