Sohel Parvez

Sohel Parvez is the Business Editor of The Daily Star.

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.

3d ago

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.

4d ago

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.

1w ago

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

1w ago

Widespread graft was the norm, not exception

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

1w ago

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.

2w ago

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.

3w ago

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.

3w ago
May 5, 2024
May 5, 2024

Will there be any respite from inflation?

To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.

April 29, 2024
April 29, 2024

BSRM's two entities’ sales drop, but profit surges 574%

The two made Tk 333 crore profit in nine months

April 24, 2024
April 24, 2024

Small businesses, daily earners scorched by heatwave

After parking his motorcycle and removing his helmet, a young biker opened a red umbrella and stood on the footpath.

April 16, 2024
April 16, 2024

Rice prices unlikely to fall from current level

Yesterday, the price of coarse grain, the benchmark variety, was 6.25 percent higher year-on-year, reaching Tk 50 to Tk 52 per kilogramme at retail markets in Dhaka.

April 7, 2024
April 7, 2024

FBCCI's plea for tariff protection devoid of reality

On April 4, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to pay attention to ensuring reasonable protection from customs tariffs for the sake of employment and promoting domestic industries, services and small and medium enterprises.

April 5, 2024
April 5, 2024

News Analysis: BB’s feeble fight against loan defaulters

The central bank has already unveiled a framework to address vulnerabilities in the banking sector, rein in non-performing loans (NPLs) and punish wilful defaulters.

March 31, 2024
March 31, 2024

Solar power that once lit up rural homes is dimming

In 2021, some 2.25 percent of the population used SHSs. The number declined to 1.81 percent in 2023, according to a recent survey report of the Bangladesh Bureau of Statistics (BBS).

March 26, 2024
March 26, 2024

Tax on provident funds' income: One country, dual policy

A provision in the Income Tax Act 2023 created the discrimination

March 26, 2024
March 26, 2024

Ageing in Bangladesh: Are we ready for more social spending?

The dependency ratio of the people who are over 65-plus years rose to 9.4 percent in 2023 from 8.6 percent in 2022.

March 25, 2024
March 25, 2024

More households use refrigerators, ACs as income grows

Here, the steady growth of Bangladesh’s economy -- around 6 percent annually -- for the last two decades, and subsequent increases in overall buying capacity, played a big role. Another factor is the increasing domestic assembly of these items by local companies.