Business

Bangladesh will adopt April-March as its new fiscal year from 2028-29, while the 2027-28 fiscal year will be shortened to nine months, ending in March, after the Cabinet approved a Finance Division proposal at a meeting on Monday at the Secretariat in Dhaka. The meeting was chaired by Prime Minister

Gas and electricity shortages intensified across Bangladesh on Wednesday, leaving household gas stoves largely unusable for much of the day in Dhaka and other parts of the country, while load shedding expanded nationwide. Rural areas were hit hardest, with outages lasting up to 10 to 15 hours, disru

Bangladesh suffered an estimated economic loss of $1.3 billion to $1.8 billion in 2024 because extreme heat reduced labour productivity, according to a new World Bank report. The loss is equivalent to about 0.3% to 0.4% of the country’s GDP, with damages rising sharply once daytime temperatures exce

US-Bangla Airlines has announced a major investment in Bangladesh’s private aviation sector, unveiling plans to add 21 new Boeing aircraft to its fleet at a cost of nearly $1.5 billion by 2027. The airline also outlined a broader plan to transform US-Bangla into a full global aviation group by expan

Bangladesh Bank on Wednesday issued a circular introducing a “bank-mediated framework” aimed at expanding digital financial inclusion and service access, allowing foreign currency transactions with global e-commerce and international service providers such as PayPal and Payoneer through newly introd

Bangladesh’s biggest economic test now lies in raising productivity—producing more with the same labour, machinery and capital—as slower investment, rising production costs and weaker growth sharpen pressure to generate greater output from existing resources. The OECD’s Compendium of Productivity I

US-Bangla Airlines has completed 12 years of operations and entered its 13th year, with Managing Director Mohammad Abdullah Al Mamun on Sunday reaffirming the carrier’s commitment to uncompromising safety, international-standard service and technology-driven growth. In a media statement issued to ma

Commerce Minister Khandakar Abdul Muktadir has urged stronger international support to ensure Bangladesh's smooth, sustainable and stable graduation from the Least Developed Country (LDC) category and seeking a three-year extension to the country's graduation preparatory period.

US-Bangla Airlines, Bangladesh’s leading private carrier, has marked its 12th anniversary, entering its 13th year of operations with a major fleet expansion and ambitious plans to connect Dhaka to destinations in Europe and North America. Since launching its maiden domestic flight on the Dhaka-Jash

Oil prices surged on Tuesday after the United States launched a fresh wave of strikes on Iran and President Donald Trump vowed to reimpose a naval blockade. International benchmark Brent North Sea crude climbed 5.1 percent to $87.51 a barrel, while the main US benchmark, West Texas Intermediate, ad

US-Bangla Airlines has proposed carrying Bangladesh’s 2027 Hajj pilgrims at a net fare of Tk 98,000 per person, subject to government approval, in a move that could significantly reduce pilgrimage costs compared with the Tk 154,830 airfare charged per passenger for the 2026 Hajj. US-Bangla Airlines