The country’s e-commerce and F-commerce platforms are witnessing a surge in sales ahead of Eid-ul-Fitr, but growth remains below expectations.

Nearly 75 percent of the 9,596 garment and non-garment factories across Bangladesh were yet to pay workers their March wages till yesterday, according to Industrial Police, as Eid holidays are just around the corner.

The Bangladesh Bank has raised transaction limits for mobile financial service (MFS) providers such as bKash, Rocket, and Nagad ahead of Eid-ul-Fitr, a time when money flow in the economy typically increases.

The country’s foreign exchange market is stabilising thanks to a surge in US dollar (USD) inflows, driven by higher remittances, stronger export earnings and tighter oversight by the central bank.

As Bangladesh’s graduation from the least developed country (LDC) club to a developing one draws near, a six-member high-powered committee of public officials, economists, and policy experts has been formed by the interim government to implement a smooth transition strategy.

While S Alam Cold Rolled Steels and Shinepukur Ceramics Ltd have not been faring well in their business, the share prices of the companies almost tripled in the past month, raising the eyebrows of stock market analysts.

The government has formally responded to concerns raised by major foreign telecom investors regarding the upcoming 700MHz spectrum auction, proposing conditional pricing concessions to ease industry apprehensions.

Bangladesh’s soybean production and imports are increasing steadily as demand from the poultry, livestock, and aquaculture sectors continues to grow alongside rising domestic consumption, according to the latest report by the US Department of Agriculture (USDA).

Gold prices in Bangladesh have been steadily climbing for over a year, driven by global market trends and fluctuations in domestic supply.

The finance adviser said the Finance Division already determined the allocations for various ministries and divisions in the upcoming budget.

TIB said it earlier expressed concern after it came to know that Public Audit Bill 2024 was in the process of being finalised in a non-transparent manner. It later got the draft of the bill and gave its feedback.

The price of liquid milk has gone up once again, dealing another blow to consumers already struggling with high inflation in the country.

Despite being a humble banking professional, I am very lucky to have been engaged with the country’s budgetary process since the early ‘90s. Many champions, including Saifur Rahman, Shah AMS Kibria, AB Mirza Azizul Islam, Akbar Ali Khan, Masihur Rahman and Khairuzzaman Chowdhury, valued my inputs and private sector insights.

Bangladesh’s toiletries market is growing and there is a significant potential for further expansion as incomes rise alongside increasing awareness and lifestyle changes.

Bangladesh is set to graduate from the least-developed country (LDC) club next year, which will bring several challenges in international trade.

The Bangladesh Bureau of Statistics (BBS) will form six expert committees to strengthen monitoring and enhance data credibility, one of its top officials said yesterday.

After a challenging year, Japanese companies in Bangladesh are eyeing 2025 with cautious optimism, as 50 percent anticipate a rise in operating profits despite persistent hurdles.

The Bangladesh Bank (BB) has drafted a Deposit Protection Ordinance, proposing a maximum payout of Tk 2 lakh per depositor if a bank undergoes liquidation. The limit will be reviewed every three years.

Although the tax policy is “aggressive,” its implementation remains inadequate, Khan said, admitting that there is no scope to introduce harsher tax measures.

There is an old tale, passed down through generations, about a king and his youngest daughter.