Economist Debapriya Bhattacharya yesterday urged the government to explain the intention behind recent revisions to the Bank Resolution Act, which now allow former owners to regain control of five Islamic banks being merged amid a severe liquidity crisis due to past irregularities.

Several hundred former employees dismissed from six troubled Islamic banks gathered in front of Islami Bank Bangladesh headquarters in Motijheel yesterday morning, demanding reinstatement and the dissolution of the current boards of directors.

The latest fuel price increase is expected to send shockwaves through much of the economy, lifting costs for farmers, transporters and manufacturers while offering only slight relief to the government finances and the exchange rate, according to an analysis by Brac EPL Stock Brokerage Ltd.

They also called for a private-sector administrator, at a meeting with the commerce minister

Govt will extend support to the small-scale poultry farmers, he says

The DAP plant exhausted its stock of the indispensable raw material on Saturday

A total of 20 directors were elected

The proposal was placed at a pre-budget seminar in Dhaka for fiscal year 2026-27

Most of the dismissed employees are reportedly from Patiya in Chattogram

The ousted Awami League-led government effectively held the people “hostage” by taking the bailout loan from the International Monetary Fund (IMF) with difficult conditions in 2022, said Rashed Al Mahmud Titumir, finance and planning adviser to the prime minister.

Abdur Rahman, an elderly farmer from Bhukshimail union in Kulaura upazila of Moulvibazar, took loans to cultivate Boro paddy this season, hoping for a good harvest and some financial relief.

Bangladesh has shouldered nearly $2 billion in extra costs as global disruption drives up energy imports, said Finance Minister Amir Khosru Mahmud Chowdhury.

As many factories scramble for diesel to keep generators running during load-shedding, production lines at Ha-Meem Group hum on without interruption.

The Gulf energy crisis isn’t over. Ever since the United States and Israel launched joint strikes on Iran, regional tumult has throttled worldwide oil and gas supplies.

Bangladesh’s liquefied petroleum gas (LPG) sector has grown rapidly, yet lacks the storage capacity to buffer itself against global market shocks, according to the president of the LPG Operators Association of Bangladesh (LOAB).

Prime Bank PLC has signed a refinancing agreement with SME Foundation aimed at enhancing credit access for cottage, micro, small, and medium enterprises (CMSMEs). T

The unequal agreement signed by the interim government with the US poses a major obstacle to energy security in Bangladesh rather than the disruption in fuel imports through the Strait of Hormuz, said Debapriya Bhattacharya, a public policy analyst.

They spoke at the ninth SANEM Annual Economists’ Conference

The two signed an MoU on April 9

The following is a recap of those major stories as covered by Star Business