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.

3w 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
December 7, 2024
December 7, 2024

Govt must improve law and order fast

Improving law and order has become imperative in recovering Bangladesh’s global image that took a beating for domestic politics over the past decade, said a top chamber leader.

November 21, 2024
November 21, 2024

Elected govt needed to revive economy

The sooner the country returns to a democratic process, the better it is for the economy, said top industrialist Ahsan Khan Chowdhury.

November 20, 2024
November 20, 2024

Bangladesh loses $335m a year for corporate tax abuse

Bangladesh is losing $355 million in tax annually because of outward profit shifting by the corporates, particularly multinational firms, and abuses by individuals who have wealth, especially in tax havens.

November 13, 2024
November 13, 2024

Political consensus needed to make reforms sustainable

Without proper institutions, it’s not possible to prevent abuse of power, prevent corruption, and improve public life, said business leader Abdul Awal Mintoo.

November 12, 2024
November 12, 2024

Political consensus needed for sustainable reforms: Mintoo

Without proper institutions, it’s not possible to prevent abuse of power, prevent corruption, and improve public life, says business leader Abdul Awal Mintoo

November 12, 2024
November 12, 2024

Widespread graft was the norm, not exception

The Awami League regime's economic strategy was not always based on equity.

November 6, 2024
November 6, 2024

Govt gears up efforts to raise rice imports to curb prices

Against the backdrop of rising prices, the government has geared up efforts to buy rice from the international market to replenish stocks and ensure distributions under social safety net schemes to arrest market volatility.

November 3, 2024
November 3, 2024

AL policy favouring oligarchs dampened economy

The Awami League government favoured the super-rich who controlled capital and laundered the funds aboard, dampening the country’s economy.

October 31, 2024
October 31, 2024

Defying guidelines, NTTN operators yet to go public

Five of the six operators of Nationwide Telecommunication Transmission Network (NTTN) have not gone public despite being mandated to float shares on the stock market several years ago.

October 24, 2024
October 24, 2024

Govt borrowing from banks rises as unrest hits tax collection

The government’s net borrowing from the banking system rose in the first two and half months of the current fiscal year in the face of falling tax collection and surging foreign debt servicing costs, raising concerns of a crowding out effect on private credit.