Fewer than 3 percent of manufacturing units in Bangladesh use computers or information technology (IT) in their production work, according to the latest Economic Census 2024.

The National Board of Revenue (NBR) is on course to miss its annual revenue target for the current fiscal year, extending its run of shortfalls to a tenth straight year.

Private sector credit growth fell to 4.72 percent -- a record low -- in March, marking another month of slowdown.

The government is likely to reintroduce a provision allowing the legalisation of undisclosed income through investment in selected sectors in the national budget for the next fiscal year.

Major banking scandals, market manipulation, and financial misreporting have created severe capital shortages in banks and the private sector, Finance Minister Amir Khosru Mahmud Chowdhury said yesterday.

The US dollar hit a six-week high on Wednesday as investors came to terms with the possible need ‌for higher interest rates to tackle inflation resulting from the Iran war.

As Bangladesh prepares to graduate from least developed country (LDC) status, the country needs to modernise its intellectual property (IP) laws to attract more foreign investment, especially from the United States, and strengthen confidence among global businesses, a US diplomat said yesterday.

Sunshine Outdoor (BD) Co Ltd, a British Virgin Islands- and Hong Kong-based company, will invest $15 million to establish a tent and camping products manufacturing facility at the Bepza Economic Zone in Mirsharai, Chattogram.

Bangladesh and Morocco are considering a free trade agreement (FTA) to deepen bilateral trade and economic engagement.

Uber has re-launched its ridesharing services in Chattogram, extending its presence in Bangladesh beyond its existing markets.

Brazil sits atop a potential bonanza of rare earths that has sparked global interest, led by Washington, as demand surges for the increasingly vital minerals.

Atikur Rahman braved lightning and waist-deep water to harvest his half-ripened Boro crop. Rain lashed the haor almost without pause. Upstream water surged in. He raced against nature, trying to salvage whatever paddy he could.

Impaired banking intermediation has become a central part of the problem

Md Mizanur Rashid’s promotion to HR director was cancelled amid internal criticism; sources say ACC is still probing earlier allegations over software procurement

The factory will manufacture a wide range of outdoor products, including tents, canopies, backpacks, duffel bags, sleeping bags, tarpaulins, waterproof dry bags, inflatable pillows and mattresses, mosquito nets, carpets, mats, folding chairs, and storage baskets

Shilpi Jha, senior commercial specialist and IP policy advisor for South Asia at the US embassy in New Delhi, attends AmCham roundtable

Riders in the city can now book rides through the Uber app

The finance minister said economic management and related institutions in Bangladesh have grown increasingly ineffective

British American Tobacco Bangladesh recorded a 14 percent year-on-year decline in domestic cigarette sales volume in the first quarter of FY2025-26, as tax-driven affordability pressures, downtrading, and competition from illicit cigarettes weighed on sales, according to an earnings update by BRAC EPL Stock Brokerage Ltd.

Despite inflationary pressures, consumer spending during Eid-ul-Azha is holding up, driven by resilience and a retail market that continues to mature.