Onion farmers in several major producing districts are facing heavy losses as bumper production has driven prices down, while a large share of stored onions has started rotting.

The European Union is set to begin an internal assessment of Bangladesh’s proposal for a free trade agreement (FTA) with the bloc, nearly a year after the proposal was first placed.

More than 95 percent of factories across garment and textile associations paid April salaries ahead of Eid-ul-Azha as of yesterday evening, according to Industrial Police (IP) data.

The country’s liquefied petroleum gas (LPG) market is seeing a sharp fall in demand as steep price increases, driven by higher import costs and supply disruptions in the Middle East, continue to strain household budgets and force consumers to cut back on usage.

Many ATM (Automated Teller Machine) booths in Dhaka either ran out of cash or went out of service yesterday, the first day of the weeklong Eid holiday, raising fears of a worsening cash crunch during the festival period.

The government’s net borrowing from the banking sector in the first nine months of the current fiscal year has crossed the full-year target by more than Tk 22,000 crore, due mainly to weak revenue collection.

On a two-day visit to Dhaka from May 24, the ADB chief met with the prime minister and finance minister

Amzad Hossain and Moshiul Alam were elected senior vice-president and vice-president, respectively

Pledges to raise annual sovereign commitments by 20%

The discussions took place at a virtual meeting between Finance and Planning Minister Amir Khosru Mahmud Chowdhury and IMF Deputy Managing Director Nigel Clarke on May 21

Customers in several areas of Dhaka on Sunday and Monday found ATM services of many banks unavailable

FY26 debt servicing to cost $30.59b, says IMF

The budget, by all accounts, will be a large one

The upcoming national budget should avoid imposing any new taxes on food products consumed by ordinary people, said Ahsan Khan Chowdhury, chairman of PRAN-RFL Group, one of the country’s largest food and beverage companies.

Private commercial banks need stronger legal backing rather than financial support in the next national budget to restore confidence in the banking sector and protect depositors, according to the Bangladesh Association of Banks (BAB).

The government should reduce import duties on solar equipment in the upcoming budget for fiscal year 2026-27 to encourage wider adoption of renewable energy and help exporters meet international compliance requirements, said Vidiya Amrit Khan, vice-president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

The government should focus on stabilising businesses in the upcoming budget for fiscal year 2026-27 rather than chasing ambitious growth targets, according to a top business leader, as he says confidence remains fragile at home and global risks are rising.

The business community wants to see the government prioritise energy security, banking stability and practical reforms in the upcoming budget for fiscal year 2026-27, Taskeen Ahmed, the president of the Dhaka Chamber of Commerce and Industry (DCCI), has said.

The National Board of Revenue (NBR) seeks at least 10 percent higher value-added tax (VAT) collection from businesses each year, regardless of whether their sales grow, according to Riad Mahmud, president of the Bangladesh Association of Publicly Listed Companies (BAPLC). He said the practice has created a “double whammy” for manufacturers already strained by years of overlapping economic shocks.

He submitted his resignation letter to the governor of Bangladesh Bank