The country’s steel manufacturers yesterday urged the government to reverse the recent electricity tariff hike, warning that it will increase production costs, push up steel prices and slow economic activity.

Bangladesh’s economy appears to have expanded at a faster pace in May than in the previous month, supported largely by stronger activity in the manufacturing and services sectors, as the Bangladesh Purchasing Managers’ Index (PMI) climbed 8.2 points from April to 62.8 in May.

Four separate funds cover agriculture, CMSMEs, exports, and green factories

The core objective of the recently signed trade agreement between Bangladesh and the United States is to build a more balanced, sustainable and mutually beneficial economic partnership, creating new opportunities for businesses and consumers in both countries, said US Ambassador to Bangladesh Brent T Christensen yesterday.

Naser Ezaz Bijoy is stepping down from his role as chief executive of Standard Chartered Bangladesh after serving for nearly nine years.

The government is set to make it mandatory for businesses to have a Business Identification Number (BIN) to open merchant accounts with mobile financial services (MFS) providers in the fiscal year 2026-27 national budget.

Startups and IT-based businesses may no longer have to pay turnover tax from the next fiscal year, as the government looks to encourage entrepreneurship and innovation.

Finance minister inherited a ruptured economy. Now comes the harder part -- fixing it

Under the scheme, banks and financial institutions will be able to access refinance support at an interest rate of 2 percent and lend to eligible borrowers at a maximum rate of 5 percent

The leaders of the Editors’ Council meet the central bank chief

The resignation is subject to regulatory approval

The Purchasing Managers’ Index reading increased by 8.2 points from the previous month to 62.8 in May

Mamun Rashid, chairman of National Tea Company Limited, will head the panel

Both appointments are for a tenure of three years from their respective joining dates

Widely used MS rod price may jump to Tk 97,000 a tonne

Gold fell about 3 percent on Friday after a stronger-than-expected US jobs report reinforced expectations that ‌the Federal Reserve will keep interest rates higher for longer amid inflation concerns fuelled by the war in the Middle East.

The global airline industry nearly halved its ​2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air ‌corridors and exposed the fragility of a sector operating on thin margins.

Bangladesh Securities and Exchange Commission (BSEC) Chairman Masud Khan said the regulator would take an aggressive approach to attract quality companies to the stock market, arguing that such a move is necessary to build a more stable and mature capital market.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will hold an emergency board meeting today to review the persistent decline in garment exports.

Experts, bankers, academics and policymakers yesterday called for the formation of a dedicated reform commission for the banking sector, warning that years of politically backed bank takeovers, weak oversight and regulatory failures have eroded public confidence in the financial system.