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
Govt's higher bank borrowing to affect private credit flow: FBCCI
FBCCI President Mahbubul Alam said the deficit in the proposed budget is Tk 256,000 crore, which is 4.6 percent of GDP.
8 June 2024, 21:24 PM
Most state enterprises turned a profit. That was overshadowed by loss-makers
The highest loss, at Tk 6,118 crore, was incurred by the Bangladesh Power Development Board (BPDB) in July-April of the fiscal year. Its provisional loss was Tk 11,163 crore in the full year of 2022-23.
8 June 2024, 21:24 PM
Why have loan defaults risen sharply?
However, NPLs rose 38.5 percent year-on-year to Tk 1,82,295 crore by the end of March, accounting for 11.11 percent of the total loans disbursed in the banking system, according to central bank data.
8 June 2024, 21:24 PM
Crucial to regulate standard VAT rate: AmCham president
The overall taxation system needs to be automated by leveraging technology and data-driven approaches
6 June 2024, 14:00 PM
Govt expenditure reduced by Tk 47,367 crore in revised budget
The government has reduced its expenditure by Tk 47,367 crore in the revised budget for the outgoing fiscal year 2023-24, bringing it down to Tk 714,418 crore..In the budget for FY24, total government expenditure was estimated at Tk 761,785 crore..However, considering overall governm
6 June 2024, 10:29 AM
VAT on SIMs may go up by Tk 100
SD on SIM will be raised to 20% and VAT on eSIM will be increased to Tk 300 each
6 June 2024, 09:06 AM
Banking reforms remain a pipe dream
As new finance minister Abul Hassan Mahmood Ali gears up to place his first budget for FY25, the lack of good governance in the banking sector remains a widely discussed issue.
6 June 2024, 00:42 AM
Spending on education falls short of expectations
For example, when the Dakar Declaration came in 2000, the country said it would spend 6 percent of GDP on education. The United Nations Educational, Scientific and Cultural Organisation recommends earmarking four to six percent of the GDP for the sector.
6 June 2024, 00:42 AM
Exports slide 16% in May
However, overall shipments grew 2.01 percent to $51.54 billion in July-May, according to data from the Export Promotion Bureau (EPB).
6 June 2024, 00:42 AM
How far have fiscal measures promoted industrialisation?
Experts and businesspeople also highlighted the challenges linked with the current tax and incentive system.
6 June 2024, 00:42 AM
State banks' default loans rise 42% in a year
In line with the prescriptions of the International Monetary Fund (IMF) for a $4.7 billion loan programme, the target is to reduce bad loans of state-run banks to 10 percent of their outstanding loans by 2026.
6 June 2024, 00:42 AM
Gas supplies unlikely to normalise this month
Overall, Petrobangla can currently supply around 2,600 mmcfd against a demand of 3,800 mmcfd.
5 June 2024, 16:11 PM
Bangladesh’s poverty rate in 2016 may have been higher than official data
Bangladesh’s poverty rate in 2016 may have been 1.7 to 2.3 percentage points higher than the rate estimated by the Bangladesh Bureau of Statistics while the extreme poverty rate may have been 3.5 to 3.7 percentage points lower, according to a survey by the World Bank..The findings of the s
5 June 2024, 15:42 PM
AnonTex allowed to sell mortgaged property to pay Janata Bank’s loans
AnonTex currently owes Tk 4,960 crore to Janata Bank and the total debt of the garment maker’s 18 institutions to the bank stands at Tk 8,178 crore, according to bank documents.
5 June 2024, 00:40 AM
Cost of kidney dialysis, dengue testing equipment may decline
The NBR specifically suggested reducing the import duty on dialysis filters and dialysis circuits, essential materials used for kidney dialysis, to 1 percent from 10 percent.
5 June 2024, 00:40 AM
No end in sight: low-income families reel from stubborn inflation
The Consumer Price Index grew by an average of 9.73 percent in the first 11 months of the current financial year, which was 8.64 percent during the identical period a year prior, data from the Bangladesh Bureau of Statistics showed.
5 June 2024, 00:40 AM
Excise duty exemption likely on offshore banking deposits
The development comes after Bangladesh Bank relaxed the rules and allowed banks to receive funds from the OBUs amounting to up to 40 percent of their regulatory capital to settle payment obligations.
5 June 2024, 00:40 AM
Regulator, GP holding talks over Tk 6,000cr late fees
The telecom regulator and Grameenphone have initiated negotiations regarding late fees of around Tk 6,000 crore based on an audit claim, as both parties seek an out-of-court settlement on the matter.
4 June 2024, 00:13 AM
Falling healthcare budget forces people to spend more out of pocket
For instance, the outlay for the health sector was Tk 25,028 crore in 2021-22, representing 4.8 percent of the budget of Tk 518,188 crore. It was five percent in the previous fiscal year when the government spent Tk 21,647 crore under a Tk 460,160 crore budget.
4 June 2024, 00:13 AM
Banks asked to beef up security measures
The central bank said some banks are not taking enough security measures at their business centres despite its previous instructions to this end.
4 June 2024, 00:13 AM