Business

Over 400 garment factories have shut down in Bangladesh over the past three years due to a range of domestic and global challenges, Commerce Minister Khandakar Abdul Muktadir said in Parliament on Thursday. “From July 2023 to June 2026, 282 member factories of the Bangladesh Garment Manufacturers a

Bangladesh now has nearly Tk 33 of every Tk 100 in bank loans classified as non-performing, making it the world’s highest in terms of the non-performing loan rate. The South Asian nation is followed by Chad, Equatorial Guinea, Algeria and Ghana. Earlier, the war-torn Ukraine had the highest non-per

Bangladesh Bank is set to launch a specialised financial program titled "Uddyog: Upazila-Based Young Entrepreneur Search, Identification, and Financing Program" to transform young citizens into successful entrepreneurs across the country. The SME and Special Programs Department of the central bank

For fish lovers in Chandpur, the wait for affordable hilsa appears to be ending. After months of relatively low supplies, the arrival of hilsa at the city’s century-old Boro Station fish landing centre has increased sharply in recent days, pushing prices down and bringing renewed activity to the bu

Non-performing loans (NPLs) in Bangladesh's banking sector have surged once again, surpassing Tk 6 lakh crore by the end of June 2026 despite various policy concessions and restructuring facilities offered to borrowers. According to the latest data released by Bangladesh Bank, total default loans

The Information and Communication Technology (ICT) Division under the Ministry of Posts, Telecommunications and Information Technology has designated the Chattogram Port Authority (CPA) as 'Critical Information Infrastructure (CII)'. This declaration was made under Section 15 of the Cyber Protecti

Bangladesh Jewelers’ Association (BAJUS) has announces to further reduction of the prices of gold in the local market. It has reduces highest Tk4023 per bhori including VAT. The BAJUS has announced that the new price will be effective since Wednesday (2 September) morning 10:00am. BAJUS said in i

The Bangladesh Jewellers Association (BAJUS) has announced another reduction in gold prices in the country’s market. The price of gold ornaments, including VAT, has been reduced by up to Tk 4,474 per bhori. The new gold prices came into effect at 10am on Monday (31August). According to a BAJUS no

Finance Minister Amir Khosru Mahmud Chowdhury has said Denmark-based APM Terminals’ investment in Laldia Container Terminal will take Chattogram a step closer to becoming a technology-driven logistics hub. “Our elected government is business- and investment-friendly and has an ambitious economic p

The Bangladesh Standards and Testing Institution (BSTI), the country’s standards-setting and regulatory agency, has ordered the withdrawal of 10 products from the market, including spices produced by Bombay Sweets and ghee sold under the Baghabari brand. BSTI disclosed the information in a press re

Bangladesh received US$ 2.340 billion in remittances during the first 24 days of August, according to the latest data released by Bangladesh Bank. Between August 1 and August 24 of the current fiscal year 2026-27, total remittance inflows registered a 25.7 percent growth compared to $1.861 billion

Bangladesh Bank Governor Md. Mostaqur Rahman has directed the management of Sammilito Islami Bank PLC, formed out of the merger of five previously troubled Islamic banks, to allow individual depositors to withdraw funds as needed starting September 1, 2026. The direction came during a meeting betwe

Investment in the health sector should be viewed as a long-term investment in economic growth rather than merely an expenditure, experts have said, stressing stronger public-private partnerships (PPP) to expand quality healthcare across Bangladesh. They said a healthy and productive population is e

Oil prices fell on Monday as investors braced for details of a US plan to isolate the Iranian economy that President Donald Trump billed as the "most crushing" financial operation ever against Tehran. Asian stocks were mostly down in early trading, with South Korea's tech-rich Kospi falling 1.4 per