New venture eyes major share of garment hanger market

Bangladesh’s fast-growing garment exports are attracting fresh investment into support industries, with a new hanger manufacturing venture targeting a significant share of the $400 million apparel-related market.
5 May 2026, 00:00 AM

Pioneer Insurance declares 30% dividend

Pioneer Insurance PLC has declared a 30 percent dividend, including 25 percent in cash, for the year that ended on December 31, 2025.
5 May 2026, 00:00 AM

Dubai airport passenger traffic falls 66% amid war

Dubai airport’s passenger traffic plunged by two-thirds in March following Iran’s attacks on the United Arab Emirates during the Middle East war, the emirate’s media office said in a statement on Monday.
5 May 2026, 00:00 AM

US restaurant sales drop as Iran war pushes gasoline prices higher

Several US restaurant chains including Wingstop and Domino’s reported weaker-than-expected sales growth in the latest quarter, saying that soaring gasoline prices caused by the US-Israeli war on Iran have ​forced their customers to cut back on other spending.
5 May 2026, 00:00 AM

Fuel price hikes to stoke inflation, but ministers see limited impact

After the onset of the US-Israel war on Iran, some policymakers initially took a firm stance, publicly claiming credit for not adjusting fuel prices to shield consumers from global shocks. They argued that they did not want to pass the burden onto the people.
5 May 2026, 00:00 AM

Telcos seek VAT removal on spectrum fees

Mobile operators have called on the National Board of Revenue (NBR) to withdraw value-added tax (VAT) on spectrum and spectrum-related fees, arguing the levy contradicts global norms and undermines investment in the sector.
5 May 2026, 00:00 AM

Asia-Pacific must act together for shared development

The 59th annual meeting of the Board of Governors of the Asian Development Bank (ADB) opened yesterday, with its President Masato Kanda urging countries in Asia and the Pacific to “act together to develop together” through stronger cross-border connections to secure the next generation’s future.
5 May 2026, 00:00 AM

Govt’s debt burden crosses Tk 22 lakh crore

Tk 3 lakh crore borrowed during the interim government
5 May 2026, 00:00 AM

Amir Khosru seeks expanded ADB support as energy bill jumps by $3b

Finance minister makes the plea at ADB annual meeting
5 May 2026, 00:00 AM

Apparel makers to seek clarity on US cotton tariff deal

USTR officials arrive for talks on reciprocal tariff deal implementation and ongoing investigations into overcapacity and forced labour issues
5 May 2026, 00:00 AM

Bangladesh seeks expanded ADB support as global crises raise energy costs by $3bn

Finance minister made the call at a session of the 59th annual meeting of ADB
4 May 2026, 20:05 PM

Emirates regains global network, keeps three daily Dhaka flights

Airline restores 96% of its global network in 137 destinations across 72 countries with 1,300 weekly flights
4 May 2026, 19:04 PM

Remove Bangladesh, Pakistan non-tariff barriers: Karachi Chamber

A delegation of the Pakistani trade body is now visiting Bangladesh
4 May 2026, 18:48 PM

USTR high-ups to visit Bangladesh to discuss trade deal

Assistant US Trade Representative for South and Central Asia Brendan Lynch will lead the delegation
4 May 2026, 17:06 PM

Depositors lock gates of Ctg bank branches, demand scrapping of profit cut decision

Aggrieved clients in the Agrabad area also formed a human chain in front of the port city’s World Trade Center later in the day
4 May 2026, 16:30 PM

ADB president urges Asia-Pacific to act together for shared development

Last year, the ADB provided $29.3 billion in financial support to the region while implementing reforms to deliver assistance more quickly and at scale
4 May 2026, 15:42 PM

Push for urgent tax reforms to boost revenue: experts

Bangladesh needs a decisive push to mobilise revenue by immediately launching reform measures, accelerating automation, and gradually phasing out existing tax exemptions, said economists and policymakers at an event organised by the National Citizen Party (NCP) yesterday.
4 May 2026, 00:00 AM

Low economic diversification leads to middle-income trap

Economies with low diversification will face challenges in coming out of the middle-income trap, said the head of the Asian Development Bank Institute (ADBI) yesterday.
4 May 2026, 00:00 AM

Teletalk gets 10 MHz in 700 MHz band despite huge dues

The decision was taken at a recent Bangladesh Telecommunication Regulatory Commission meeting
4 May 2026, 00:00 AM

ADB unveils $70b plan for Asia power grids, digital highways

Bangladesh is expected to play an important role in linking South Asia and Southeast Asia, particularly in power grids
4 May 2026, 00:00 AM