Business

The Asian Infrastructure Investment Bank (AIIB) has agreed to provide budgetary support to Bangladesh to help the country tackle its energy crisis and ongoing economic pressures. At the same time, the government is taking initiatives to increase investment and create jobs by reopening closed industrial factories. Finance Minister Amir Khasru Mahmud Chowdhury shared this information on Saturday after a meeting ...

Bangladesh Bank has set new office and transaction hours for all scheduled banks, effective from Sunday, as part of nationwide efforts to conserve fuel and electricity. According to a circular issued on Saturday, bank offices will remain open from 10:00am to 5:00pm, while customer transactions will be conducted from 10:00am to 3:00pm from Sunday through Thursday until further notice. However, ...

World food prices climbed in March to their highest level since September last year and could rise further if the Middle East conflict that pushed up energy prices continues, the United Nations Food and Agriculture Organization said on Friday. “Price rises since the conflict began have been modest, driven mainly by higher oil prices and cushioned by ample global cereal ...

Fuel oil supplies at Chattogram Port have increased as part of efforts to ensure the country’s energy security. A Hong Kong-flagged vessel, Yan Jing He, carrying 27,000 tonnes of diesel from Singapore, reached the outer anchorage of the port early on Friday (3 April). Port authorities said another vessel carrying 34,000 tonnes of diesel from Malaysia is expected to anchor ...

Foreign aid disbursement to Bangladesh declined significantly during the July–February period of the current fiscal year (2025–26), while pressure from external debt repayments increased, putting strain on the country’s macroeconomic stability. Officials concerned said that while the inflow of assistance is decreasing, the burden of existing foreign debt is rising—an alarming trend for the national economy. According to the latest ...

Panicked consumers are now excessively buying fuel oil supplies from refueling stations within two hours the same amount they used to purchase in one-and-a-half days before the start of the Iran war, said Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood. The long queues at refueling stations is the result of unfounded consumer worries, and not shortages in supplies, ...

The government on Thursday raised the price of a 12-kilogram LPG cylinder by Tk387 to Tk1,728. The nearly 28.9% price hike would come into effect from the evening, announced the Bangladesh Energy Regulatory Commission (BERC). The price of auto gas has also been hiked by Tk36 to Tk79.77 per litre, BERC said. Last month, the price was kept unchanged at ...

Bangladesh Shop Business Owners’ Association has directed all shops, commercial establishments, and shopping malls nationwide, including in Dhaka, to close by 8:00pm to support government efforts amid the global energy crisis. The decision came on Thursday after a joint meeting of the standing committees of the Bangladesh Shop Business Owners’ Association and the Dhaka Metropolitan Shop Business Owners Association. The ...

Bangladesh’s financial sector achieved a historic milestone as remittance inflows surged to a record-breaking US$3.75 billion in March 2026, the highest monthly figure ever recorded in the nation’s history. According to data released by Bangladesh Bank on Wednesday, the March 2026 performance represents a significant leap over previous peaks, comfortably eclipsing the prior record of $3.29 billion established in March ...

AB Bank PLC. has signed a Memorandum of Understanding (MoU) with Scholastica School, under which the children of permanent officials of AB Bank will be entitled to enjoy up to 50% discount on admission fees for enrollment at Scholastica School. Mr. Reazul Islam, Managing Director & CEO (Acting), AB Bank PLC. and Ms. Syeda Madiha Murshed, Managing Director, Scholastica School ...