HC bars trade, town association groups from Ctg chamber’s polls
23 October 2025, 15:00 PM
Business
Akij Resource plans to launch digital bank
23 October 2025, 13:27 PM
Business
ILO ratification demands labour reforms in Bangladesh
23 October 2025, 12:59 PM
Business
Summit Power’s profit plunges 88% in FY25
23 October 2025, 10:18 AM
Business
Culture of impunity behind repeated industrial disasters: BILS
23 October 2025, 08:05 AM
Business
Govt moves to boost House Building Corporation’s lending capacity
22 October 2025, 18:42 PM
Business
Interbank dollar price crosses Tk 122 after 2.5 months
22 October 2025, 18:36 PM
Business
Auction full ‘golden spectrum’, lower prices
22 October 2025, 18:35 PM
Business
Foreign banks top profits, trail in social spending
22 October 2025, 18:24 PM
Business
Telcos, ISPs asked to boost fire safety measures
22 October 2025, 15:40 PM
Business
Eight state firms had Tk 183cr default loans until Feb
Eight state-owned enterprises (SOEs) of Bangladesh had a combined default loan of Tk 183.62 crore in February, official figures showed.
15 June 2024, 18:00 PM
3rd tranche of loan: IMF board to meet on June 24
The International Monetary Fund will discuss releasing $1.15 billion in the third instalment of its loan to Bangladesh during its board meeting on June 24. This is part of the IMF’s $4.7 billion loan programme for the country.
14 June 2024, 18:00 PM
High bank borrowing by govt to crowd out private sector
The government plans to borrow Tk 137,500 crore from the banking sector in the fiscal 2024-25 to finance the budget deficit. If the Bangladesh Bank does not provide any fund, the entire amount will need to come from the commercial banks.
12 June 2024, 18:00 PM
Bangladesh Bank’s digital efforts off to a slow start
The services have received lukewarm responses from the targeted customers because they were launched hastily and lack user-friendly features and campaigns were not run to make them popular. Besides, there is no incentive and banks are unwilling, industry insiders said.
12 June 2024, 03:18 AM
Stock indices at nearly 4-year low
The DSEX, the benchmark index of the country’s premier bourse, dropped 0.70 percent to close the session at 5,070 points. This is the lowest point to be reached since December 9, 2020, when the index stood at 5069.88 points.
12 June 2024, 03:09 AM
Gifts not sweet anymore as NBR mulls taxes
If someone receives a gift, they will have to show it in their income tax return at the end of the year. At the same time, the person who gives the present will also have to inform it in their income tax return.
12 June 2024, 03:09 AM
WB retains Bangladesh’s growth forecast at 5.7% for FY25
The projection from the Washington-based lender comes a couple of days after the government targeted a 6.75 percent growth of the gross domestic product -- the final value of goods and services produced in an economy in a certain period -- for 2024-25.
12 June 2024, 03:09 AM
Govt plans to increase non-tax revenue
Bangladesh’s revenue collection is lower than its potential, hovering below the level of Nepal and India, which have similar economic development, according to the finance ministry.
11 June 2024, 00:16 AM
Blow for private economic zones, hi-tech parks as tax benefits go
Currently, investors in the EZs and hi-tech parks qualify for a tax break for a decade starting from the first year of their operations. They are entitled to a full tax waiver in the first three years.
11 June 2024, 00:16 AM
Budget missing guidance on economic stability
Moreover, the political commitment to bring massive reforms to the energy, banking and port sectors was also ignored.
11 June 2024, 00:16 AM
Economic immorality called out
Bangladesh is heading towards an economic system devoid of moral values, which is causing a breakdown in financial discipline, spoiling the business climate, and discouraging honest taxpayers, said noted economist Wahiduddin Mahmud.
10 June 2024, 18:00 PM
Patenga Container Terminal commences operations
The operations kicked off with the berthing of container vessel “Maersk Davao” at one of the PCT’s four jetties.
10 June 2024, 16:16 PM
Black money whitening an injustice to honest taxpayers: speakers
Prof Selim Raihan, executive director of SANEM, criticises the tax disparity between honest earners and black money holders
10 June 2024, 16:02 PM
Recovery from crisis impossible without addressing banking sector’s vulnerability
Economists today expressed deep concerns over the current situation in the banking sector of Bangladesh and warned that the recovery from the current economic crisis would not be possible without addressing the sector’s vulnerability.
10 June 2024, 09:34 AM
NBR tightens ambulance import rules
As per the new rules, Noah can no longer be imported as an ambulance from the current fiscal year as its passenger cabin does not meet the length requirement, according to an NBR official.
10 June 2024, 01:02 AM
DSE welcomes budget but investors don’t
However, the move could have little effect on revitalising the market in the past as it was seen that black money holders do not prefer parking funds in stocks when the amnesty was in place.
10 June 2024, 01:02 AM
Govt to bank on crawling peg, global interest rate cuts to rebuild reserves
The revised gross forex reserves target for the current fiscal year ending on June 30 was $29.1 billion. It stood at $24.23 billion on June 5, according to the traditional calculation of the Bangladesh Bank. To meet the goal, another $4.87 billion will have to be added to the reserves by this month.
10 June 2024, 01:02 AM
BB allows new entities to assess credit worthiness of borrowers
These credit bureaus will work to determine credit standards by analysing borrower data before sharing it with banks, which will help financial institutions make informed decisions, said the central bank guidelines on the licencing, operating and regulating of credit bureaus.
10 June 2024, 01:02 AM
ICAB backs amnesty for companies to whiten black money
About the overall budgetary measures, the ICAB said the proposal to finance the budget deficit by borrowing from internal sources may lead to inflation in the next fiscal year.
8 June 2024, 21:24 PM
Power Grid gets large sums as govt prioritises transmission, distribution
In Bangladesh, the power generation capacity increased to 30,277 megawatts in 2023-24 from 4,942 MW in 2009, said Finance Minister Abul Hassan Mahmood Ali in his budget speech.
8 June 2024, 21:24 PM