Thursday 18 June 2026
           
Thursday 18 June 2026
       
Business
Daraz reaffirms its commitment to Bangladesh
Daraz Bangladesh has reaffirmed its long-term commitment to the country, stating that it continues to operate normally and remains focused on sustainable growth in the Bangladesh market, following recent media reports regarding its investment and operational outlook.The company said such characterizations do not reflect its actual strategic priorities or day-to-day operations and sought to provide ...more
Southeast Bank PLC. relocates Motijheel Branch (Islamic Banking)
Southeast Bank PLC. has relocated its Motijheel Branch (Islamic Banking) to a new and more spacious location to ensure enhanced and modern customer services. The branch has commenced its operations on Sunday, June 7, 2026, at its new address: DR Tower (1st Floor), 65/2/2, Box Culvert Road, Purana Paltan, Motijheel, Dhaka-1000.M.A. Kashem, Chairman of Southeast ...more
BB announces Tk60,000 crore stimulus to revive closed factories
Bangladesh Bank has unveiled a Tk60,000-crore stimulus package aimed at reviving closed and distressed factories to boost production, exports, employment, and overall economic recovery.Of the total package, Tk41,000 crore will be allocated for refinancing and reopening shuttered industrial units, while Tk19,000 crore will come directly from Bangladesh Bank’s own funds, Governor Md Mostaqur Rahman said ...more
Bangladesh releases new design Tk 5 currency note
The government is releasing a newly designed Tk 5 currency note under the theme “Historical and Archaeological Architecture of Bangladesh” from today (Tuesday).According to a press release issued by the Finance Division of the Ministry of Finance, the new note has been printed with updated design and security features bearing the signature of Finance Secretary ...more
Millers for nutrition coalition highlights business potential of fortified wheat flour
In a landmark initiative to combat micronutrient deficiencies and improve public health, Millers for Nutrition powered by TechnoServe successfully hosted a motivational workshop titled “Technology and Benefits of Introducing Fortified Wheat Flour in the Commercial Market.” The event occurred May 17, 2026, at Lakeshore Heights, Gulshan, Dhaka, bringing together Government, development partners and industry participants. The workshop aimed to raise ...more
Global potato futures surge over 700pc
An unprecedented situation has emerged in the global potato market, with potato futures prices surging by more than 700 percent within less than a month despite abundant supplies across major European producing countries.According to a report by Euronews, benchmark potato futures contracts rose sharply from 2.11 euros per 100 kilograms on April 21 to 18.50 ...more
Dry chili prices surge as imports through Bhomra Land Port decline
Dry chili prices have increased sharply in local markets following a decline in imports through the Bhomra Land Port in Satkhira, raising concerns among traders and consumers ahead of the peak consumption season.According to data from the revenue department of Bhomra Custom House, imports of dry chili through the port fell by nearly 1,000 tonnes ...more
Tea auction prices rising at Ctg decline in other centres
Tea prices continued to rise at the Chattogram auction centre during the ongoing auction season, although prices and supply declined at the Srimangal and Panchagarh auction centres in the second round of auctions, according to tea sector insiders and Bangladesh Tea Board data.Industry stakeholders said the price trend varies among auction centres mainly due to ...more
Bangladesh overtakes China  in US apparel exports
Bangladesh has moved ahead of China to become the second-largest exporter of readymade garments (RMG) to the United States, as steep retaliatory tariffs imposed by the Trump administration sharply reduced Chinese apparel shipments to the American market.According to the latest data released by the Office of Textiles and Apparel (OTEXA) under the US Department of ...more
Summit group accused of Tk1,100 crore tax evasion
 Khan Zahirul Islam, a development economist and lecturer at University of British Columbia, has alleged that Summit Group evaded taxes worth Tk1,100 crore and was involved in large-scale irregularities in the power sector under the quick rental system. He made the remarks while speaking at a national convention titled “Energy, Economy, Human Rights, Reform and Referendum,” ...more
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