Mango Moment: A sweet deal for Bangladesh

In late May, as mercury levels rise and monsoon clouds loom over the parched plains and verdant hills of Bangladesh, the mango harvest quietly gets underway, ushering in a season of sweetness just as the rains prepare to break.

Bangladesh to become half a trillion-dollar economy in FY27

The government expects the country’s economy to cross the $500 billion mark in the fiscal year (FY) 2026-27, buoyed by stabilising policies and sectoral improvements.

Electric vehicle makers get VAT, duty waivers

In a bid to accelerate the shift to cleaner transport and promote domestic manufacturing, the interim government plans to roll out a series of tax benefits focusing on electric vehicles, including electric bicycles (e-bikes), and lithium and graphene batteries.

Imbalanced tax structure worsens income inequality

An imbalanced tax structure exacerbates income inequality in Bangladesh, underscoring the need for reforms to increase direct tax contributions, according to a recent publication by the finance ministry.

Synthetic footwear exports soar as global demand shifts

Bangladesh’s non-leather footwear sector is emerging as a steering force in the country’s export landscape, driven by global shifts in consumer preferences, strong manufacturing capacity, and competitive pricing

FDI falling—experts call for urgent policy overhaul

Bangladesh must urgently adopt a strategic, reform-driven foreign direct investment (FDI) policy by removing existing barriers to attract and retain investment to remain competitive in the region, experts suggest.

Islamic banks’ deposit share continues to shrink

The share of deposits at Islamic banks declined in the January-March quarter of 2025, continuing a recent downward trend.

Vietnam ready to further open market for US exports: minister

Vietnam is ready to further open its market and offer additional incentives for US exports, and hopes for corresponding steps from the US side, Minister of Industry and Trade Nguyễn Hồng Diên told Senator Roger Marshall at their meeting in Washington DC on June 11 (local time).

Audit gaps, national traps

One reason we remain stuck in the slow lane of progress is painfully simple: in Bangladesh, the individual trumps the institution, and the institution trumps the nation.

Economy

Economy

Synthetic footwear exports soar as global demand shifts

Non-leather footwear exports rose 30.25% in the first 11 months of the current fiscal year

1d ago

Islamic banks’ deposit share continues to shrink in Jan–Mar quarter

Islamic bank deposits declined, dropping to 19.56% of total in Jan-Mar of 2025.

1d ago

Boeing shares fall 8% after Air India plane crashes

Aviation tracking site Flightradar24 said the plane was a Boeing 787-8 Dreamliner

1d ago

Subsidy load swells despite weak revenue

The government’s target to provide subsidies and incentives amounting to Tk 125,741 crore in fiscal year 2025-26 is creating high pressure on fund mobilisation amid a challenging macroeconomic situation.

2d ago

Yunus lauds IMF for its positive role in Bangladesh

Chief Adviser Prof Muhammad Yunus has credited the International Monetary Fund (IMF) for its “positive role” in helping Bangladesh overcome its concerns about allowing market forces to determine the exchange rate.

2d ago

Cattle sales this Eid lowest in four years

Sales of cattle, as reflected in the number of animals sacrificed during this Eid-ul-Azha, declined this year amid an economic slowdown and political uncertainty in the country, said dairy producers and stakeholders yesterday.

2d ago

FAO predicts favourable Boro harvests

Production prospects for Boro paddy, the principal rice crop in Bangladesh, remain favourable as harvests are expected to conclude this month.

2d ago

Import containers pile up at Ctg port for poor Eid deliveries

Containers packed with imports are starting to pile up at the Chattogram port due to a drastic drop in the delivery of goods, as factories and vehicles are yet to resume running in full swing amidst the Eid-ul-Azha holidays.

2d ago
Global Economy

Global Economy

Boeing shares fall 8% after Air India plane crashes

Shares of planemaker Boeing fell 8 percent in premarket US trading on Thursday after an Air India aircraft with 242 people crashed minutes after taking off from India’s western city of Ahmedabad.

1d ago

Myanmar to lose 2.5% of GDP to March quake: WB

Myanmar’s economy is set to shrink 2.5 percent in the 2025/26 financial year, largely as a result of March’s devastating magnitude-7.7 earthquake, the World Bank said on Thursday.

1d ago

Dollar keeps losing market share

The dollar continued to lose market share as the world’s dominant currency last year but mostly smaller rivals and gold benefited rather than the euro, an ECB report showed on Wednesday.

1d ago

Asian shares stumble after Trump's latest trade threat

Asian shares fell as Trump renewed tariff threats and Mideast tensions grew.

1d ago

US inflation edges up but Trump tariff hit limited for now

US consumer inflation edged up in May as Trump tariffs ripple; Fed eyes impact

1d ago

US, China agree on trade ‘framework’ after high-level talks

Top officials from the United States and China said Tuesday that they had agreed on a “framework” to move forward on trade, following two days of high-level talks in London to resolve tensions.

2d ago

Inditex shares drop as sales disappoint

Shares in Zara owner Inditex fell Wednesday after the world’s biggest fashion retailer posted disappointing first quarter sales as concerns mount over US President Donald Trump’s trade war.

2d ago

Vietnam talks to Gap, Levi Strauss to head off Trump tariffs

Vietnam has sought to enlist major US garment companies including Gap and Levi Strauss as it tries to head off President Donald Trump’s threatened 46 percent trade tariff.

2d ago
Organisation News

Organisation News

Nationwide tree plantation, anti-plastic campaign held

Mission Green Bangladesh took the initiative. Over 5,000 trees were planted, with the active participation of 1,700 volunteers

1w ago

Marriott Business Council, BBDN sign MoU to promote disability-inclusive hiring

The signing ceremony was held on June 3 at the BEF office in Police Plaza Concord

1w ago

bKash presents top remittance recipients

bKash, a leading mobile financial services (MFS) provider, has presented 14 individuals with Hisense deep freezers and 43-inch Hisense smart TVs for receiving the highest amount of remittance through its platform during the first week of a special campaign ahead of Eid-ul-Azha..JM Taslim K

1w ago

Mastercard, ShopUp join forces to empower women-led small businesses

The Mastercard Center for Inclusive Growth, in partnership with commerce platform ShopUp, has launched an initiative titled Porshi, aimed at equipping women-led small businesses in Bangladesh with the digital tools and skills necessary to flourish in the modern economy..Supported by the Ga

1w ago

ACI Motors partners with EcoFlow to launch portable power solutions

ACI Motors Limited, an automobile enterprise and a subsidiary of ACI Limited, has recently signed a strategic partnership deal with the Chinese technology firm EcoFlow to introduce a new line of portable energy solutions tailored for the Bangladeshi market..FH Ansarey, managing director of

1w ago

Chinese investors eye strategic sectors for long-term investment

Chinese investors have shown interest in strategic sectors in Bangladesh — including textiles, renewable energy, electronics, and agribusiness — signalling a new phase of bilateral investment cooperation, according to the Bangladesh Investment Development Authority (Bida)..The interest was

1w ago

Mastercard launches discount campaign with Star Cineplex

Mastercard, a leading global digital payment solutions, has joined forces with Star Cineplex to unveil the “Mastercard–Star Cineplex Exclusive Discount Campaign 2025”, launched in anticipation of Eid-ul-Azha..Running from June 1 to June 15, the campaign offers Mastercard credit cardholders

1w ago

Mamun Rashid appointed chairman of BD Venture

Mamun Rashid has been appointed chairman of BD Venture Limited, a technology-oriented venture capital firm in Bangladesh..Rashid is a seasoned finance professional, policy advocate, and corporate leader with nearly four decades of experience spanning banking, consultancy, and institution b

1w ago
Business Multimedia

Business Multimedia

How is Bangladesh being affected despite the US tariff suspension?

Watch today's episode of Star Explains to find out more

What's stopping the govt from breaking market syndicates?

Watch to find out more in today's episode of Star Explains with Ahsan

Which savings certificate offers the highest returns?

In recent years, treasury bills and bond interest rates have exceeded those of savings certificates

Food prices stubbornly high despite govt measures

When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended periods, it understandably hits the poor and low-income people where it hurts the most: in their wallet.

Remittance rises 21% in October

Migrant Bangladeshis sent home $2.39 billion in October

Mango Moment: A sweet deal for Bangladesh

In late May, as mercury levels rise and monsoon clouds loom over the parched plains and verdant hills of Bangladesh, the mango harvest quietly gets underway, ushering in a season of sweetness just as the rains prepare to break.

4h ago

Dollar keeps losing market share

The dollar continued to lose market share as the world’s dominant currency last year but mostly smaller rivals and gold benefited rather than the euro, an ECB report showed on Wednesday.

1d ago

Myanmar to lose 2.5% of GDP to March quake: WB

Myanmar’s economy is set to shrink 2.5 percent in the 2025/26 financial year, largely as a result of March’s devastating magnitude-7.7 earthquake, the World Bank said on Thursday.

1d ago

Boeing shares fall 8% after Air India plane crashes

Shares of planemaker Boeing fell 8 percent in premarket US trading on Thursday after an Air India aircraft with 242 people crashed minutes after taking off from India’s western city of Ahmedabad.

1d ago

Audit gaps, national traps

One reason we remain stuck in the slow lane of progress is painfully simple: in Bangladesh, the individual trumps the institution, and the institution trumps the nation.

1d ago

Vietnam ready to further open market for US exports: minister

Vietnam is ready to further open its market and offer additional incentives for US exports, and hopes for corresponding steps from the US side, Minister of Industry and Trade Nguyễn Hồng Diên told Senator Roger Marshall at their meeting in Washington DC on June 11 (local time).

1d ago

Islamic banks’ deposit share continues to shrink

The share of deposits at Islamic banks declined in the January-March quarter of 2025, continuing a recent downward trend.

1d ago

FDI falling—experts call for urgent policy overhaul

Bangladesh must urgently adopt a strategic, reform-driven foreign direct investment (FDI) policy by removing existing barriers to attract and retain investment to remain competitive in the region, experts suggest.

1d ago

Synthetic footwear exports soar as global demand shifts

Bangladesh’s non-leather footwear sector is emerging as a steering force in the country’s export landscape, driven by global shifts in consumer preferences, strong manufacturing capacity, and competitive pricing

1d ago

Imbalanced tax structure worsens income inequality

An imbalanced tax structure exacerbates income inequality in Bangladesh, underscoring the need for reforms to increase direct tax contributions, according to a recent publication by the finance ministry.

1d ago