Sohel Parvez

Sohel Parvez is the Business Editor of The Daily Star.

Value for taxpayers’ money: Why it matters

If you visit the Dhaka Medical College and Hospital (DMCH), you will find it difficult to make your way through the crowded corridors between the wards. Patients lie on narrow, makeshift beds along both sides, while doctors, hospital staff, visitors, and treatment seekers shuffle through the chaos.

2w ago

Bangladesh continues to perform poorly in budget transparency

Bangladesh has continued to showcase a weak performance in the open budget rankings among its South Asian peers, reflecting a lack of transparency and accountability in the formulation and implementation of fiscal measures.

3w ago

Banks see sluggish deposit growth as high inflation weighs on savers

Banks have registered sluggish growth in deposits throughout the current fiscal year as elevated inflation and an economic slowdown have squeezed the scope for many to save, even though the interest rate has risen.

3w ago

From subsistence to commercial farming

From the north-western bordering district Panchagarh to the southern coastal district Patuakhali, farmers grow multiple crops to sell at markets

1m ago

Customs flags hurdles at 3rd terminal of Dhaka airport

Customs House Dhaka said it has found more than a dozen issues related to infrastructure, security, and operational readiness of the new terminal

1m ago

FDI slipped to five-year low in 2024

Net foreign direct investment (FDI) in Bangladesh plunged to a five-year low in 2024, according to provisional figures released by Bangladesh Bank, raising concerns over investor confidence amid growing economic headwinds and policy uncertainties.

1m ago

Govt to rationalise tariffs on around 350 items

In the past two years, the NBR brought down tariffs on 60 items within the bound tariff rates based on the panel's suggestion.

1m ago

US loses cotton market share in Bangladesh

The United States is losing its market share in cotton exports to Bangladesh amid concerns about logistics and the lengthy shipment duration for American cotton, according to a recent report by the US Department of Agriculture (USDA).

1m ago
February 16, 2025
February 16, 2025

No well-thought-out urban planning in the past 50 years

Bangladesh is growing horizontally and vertically, with new multistoried complexes being erected on fresh land in suburbs and towns to replace more modest structures.

February 16, 2025
February 16, 2025

Wheat acreage lowest on record

Cultivation of wheat has hit the lowest on record in the current season in Bangladesh as many producers opted to grow potato and other high-value crops on land previously used for the second most important staple food after rice.

February 9, 2025
February 9, 2025

Local AC industry seeks ‘fair’ govt procurement policy

Local air conditioner (AC) manufacturers in Bangladesh are pushing for “fair” government procurement policies, arguing that existing rules favour foreign brands despite local companies meeting global standards.

February 9, 2025
February 9, 2025

In fragile trust, economy falters

Over the last several years, Ahsan, a rickshaw puller in his 50s, has been eagerly waiting for relief from the high prices of food and other essentials. Days and months have passed, but his pursuit of a better living by escaping the curse of elevated inflation has remained a distant dream. 

February 6, 2025
February 6, 2025

Bangladesh still top shipbreaking destination

Bangladesh remained the global shipping industry’s first choice for scrapping vessels in 2024, even though the overall import fell to a six-year low amid dollar constraints and subdued demand due to economic woes. 

January 29, 2025
January 29, 2025

Farmers forced to pay more than subsidised rates for fertiliser

Farmers in different parts of the country are being compelled to buy fertiliser, a key ingredient for crop production, by paying more than government-fixed prices.

January 26, 2025
January 26, 2025

SMC: bettering lives in Bangladesh for 50yrs

Anyone of over 30 years of age might recall radio advertisements aired during their childhood and adolescence on contraceptives—Raja and Maya.

January 3, 2025
January 3, 2025

Are rising exports, remittance the cure?

December has brought some good news! Remittance hit a record high, taking the total for the 2024 calendar year to $26.87 billion. Exports surged too, pushing the final annual figure to $50 billion.

December 31, 2024
December 31, 2024

Economic woes far from over

Just a year ago, this newspaper ran a story leaving a question for our readers as to whether Bangladesh would be able to put its economy back on track in 2024.

December 15, 2024
December 15, 2024

Jute millers struggling amid export slump

Jute millers are struggling as exports show no sign of recovery and demand in the domestic market remains lukewarm amid slack implementation of the mandatory jute packaging act.