Business

Bangladesh’s leather industry has been struggling to surpass the US $1.0 billion export mark for over a decade, hindered by compliance gaps and insufficient new investment, said sector leaders and economists. Industry stakeholders describe the sector as ‘trapped in a billion-dollar cage’, with multiple challenges preventing it from reaching its estimated $5 billion potential by 2030. Experts highlight inadequate infrastructure, ...

Bangladesh witnessed a year-on-year growth of 23.7 percent in remittance inflows, reaching US$1,770 million in the first seventeen days of September, according to the latest data released by Bangladesh Bank. In the same period last year, remittance inflows stood at $1,430 million. From July to September 17, 2025, expatriates sent a total of $6,669 million in remittances, up from $5,568 ...

An aviation rarity touched down in the Norway’s second city of Bergen earlier this month. Alia had flown 100 miles (160km) in 55 minutes on battery power alone. Built by US aerospace company Beta Technologies, the electric plane is designed for cargo operations – carrying up to 560kg (half a tonne) loads. The flight had simulated a planned cargo route ...

A Dhaka court has sentenced Evaly Managing Director Mohammad Russell and Chairperson Shamima Nasrin to three years of rigorous imprisonment in a case filed over fraud and embezzlement. The verdict was delivered on Thursday by Dhaka Metropolitan Magistrate Md Monirul Islam. Alongside the jail term, the court imposed a fine of Tk 10,000 each, with an additional three months imprisonment ...

Former spokesperson and Executive Director of Bangladesh Bank Md Mezbaul Haque has resigned citing personal reasons. Bangladesh Bank’s spokesperson and Executive Director Arief Hossain said Mezbaul submitted his resignation on Tuesday. His resignation will come into effect on October 14. Mezbaul Haque is currently serving as the Executive Director of the central bank’s Rajshahi office. Following the fall of the ...

Ben & Jerry’s co-founder Jerry Greenfield has left the ice cream maker after almost half a century at the firm, deepening a dispute with parent company Unilever. In a letter shared on social media by fellow co-founder Ben Cohen, Mr Greenfield said the Cherry Garcia maker had lost its independence after Unilever put a halt to its social activism. His ...

A total of 37.46 metric tonnes of hilsa has been sent to India in the first consignment ahead of the upcoming Sharadiya Durga Puja festival. The shipment was sent through Benapole land port in Jashore around midnight on Tuesday, using seven trucks to reach Petrapole port in West Bengal. The information was confirmed by Md. Shamim Hossain, director of Benapole ...

The Ministry of Commerce has granted conditional approval to 37 firms to export hilsa to India ahead of the upcoming Durga Puja festival. A notification in this regard confirmed the matter on Tuesday. The export period has been fixed from September 16, 2025 to October 5. The government has imposed certain conditions on the export of Hilsha fish. These include: ...

The modular robotics is reaching a new horizon in automation, and that is in flexibility, scaling, and accuracy. It is also possible to configure modular platforms to form classes of robots, including those capable of operating in a vehicle instead of a conveyor belt by reusing or rearranging components instead of relying on existing systems. This has not only to ...

Bangladesh’s remittance inflow has seen a significant year-on-year increase of 13.5 percent in the first 13 days of September 2025, according to the latest data released by Bangladesh Bank today. During this period, the country received $1,306 million in remittances, compared to $1,150 million in the same timeframe last year. From July to September 13, total remittance inflows stood at ...