Business

Turkish textile giant Sanko has expressed interest in investing $300 million to establish an integrated textile manufacturing facility in Bangladesh’s Mirsarai Economic Zone, marking a major potential boost for the country’s textile and jute industries. The investment proposal was discussed at a meeting on Tuesday between Minister of Commerce, Industry, and Textiles & Jute and a Sanko delegation at the ...

Biman Bangladesh Airlines has resumed direct flights between Dhaka and Japan’s Narita Airport after a year of suspension. Civil Aviation and Tourism Minister Afroza Khanam inaugurated the route at Shahjalal International Airport in Dhaka on Sunday night. She said the government was committed to keeping the route operational. Flight BG-376 departed Dhaka at 2:25AM on Monday. At a meet-and-greet event ...

Ship traffic through Bab el-Mandeb fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through the Strait of Hormuz stayed low over the weekend, shipping data from Kpler showed on Monday. Eleven commodity vessels passed through the Bab el-Mandeb strait on Sunday, the lowest level in months, the data showed. Red Sea ...

An extended period of crude oil prices remaining above $100 per barrel could significantly impact the global economy by driving up inflation, food, and transport costs, according to analysts cited by The National. Oil prices recorded a second consecutive week of sharp gains, driven by the escalating US-Iran conflict, the effective closure of the Strait of Hormuz, and Houthi attacks ...

Social Welfare State Minister Farzana Sharmin has called for preparing children with basic education and moral values from their families to build a safe and sustainable Bangladesh for future generations. She made the remarks at the “Premium Mind Master Retreat and MCA Convocation (July 2026)” organised by Wellbeing Bangladesh Foundation at the InterContinental Dhaka on Saturday (July 25, 2026). Addressing ...

The United States launched fresh strikes on Iran Friday after Tehran-backed Houthi rebels attacked oil tankers in the Red Sea, marking an escalation that pushed crude prices past $100 a barrel. The US military insisted that the Strait of Hormuz — through which one fifth of the world’s oil passed before the war — was “open for transit” after Iran ...

Millionaires including former footballer Gary Lineker and music producer Brian Eno have written to new prime minister Andy Burnham asking to be taxed more. In an open letter, 120 well-off Britons told Burnham: “We can afford it. We’re not talking about higher taxes on those who get up and go to work for their income every day, but on the ...

The demand for quick access to funds has increased significantly in India. Whether it is a medical expense, a home repair, higher education expenses, or an urgent family commitment, many people prefer a borrowing process that does not involve lengthy paperwork or repeated trips to the branch. Digital lending has responded to this need by making applications faster and more ...

The gold prices jumped again in the local market on Tuesday. The Bangladesh Jewellers Association (BAJUS) has raised the price of 22-carat gold by Tk1,633 per bhori (11.664 grams), setting the new rate at Tk221,441 per bhori, inclusive of VAT. The association issued a press release in this regard this morning. The new prices came into effect at 10am the ...

A worsening gas shortage, caused by reduced liquefied natural gas (LNG) supply and ageing infrastructure, has disrupted household cooking, slowed industrial production and created long queues at CNG filling stations across the country. In many parts of Dhaka, residents reported having no gas, while elsewhere pressure remained too low for cooking. Industry leaders said production in the ceramic, steel and ...