While Bangladesh’s move toward graduating from the Least Developed Country (LDC) status is a testament to decades of perseverance and growth, it will be time to take on the weight that comes with it once the celebration dies down.

Bangladesh’s import of fresh fruits declined in the first six months of the current fiscal year, reflecting a slowdown in demand after import costs increased due to the devaluation of the taka against the US dollar and high import duties.

Date prices have remained relatively stable this year compared to previous years, thanks to the govt's duty waiver and a decline in int'l market prices

Tax compliance is a vital pillar of a country’s economic stability. But in Bangladesh, despite various government efforts to widen the tax net, an alarming 65 percent of eligible taxpayers did not bother filing their returns within the deadline, which was extended thrice this year.

Most listed readymade garment (RMG) producers secured higher profits during the October-December period of this fiscal year, buoyed by global demand even amidst the myriad challenges plaguing Bangladesh’s overall business climate.

The private sector is facing increasing uncertainty as stubbornly high inflation, stagnant investments and inconsistent energy supplies continue to weigh on businesses, according to industry leaders.

The funds to be raised through this bond will support City Sugar Industries Limited in expanding its trade operations, enhancing cash flow management, and diversifying its financing avenues, thereby reducing dependence on traditional credit facilities, the statement said.

Talks on preferential trade deals with a dozen countries have stalled since the political changeover in August last year, potentially adding to the challenges related to Bangladesh’s graduation from the club of Least Developed Countries (LDCs) in 2026, according to economists and business leaders.

When a formal microfinance institution (MFI) enters a village and joins the existing rural lending ecosystem, the influence of both informal moneylenders and exorbitant interest rates declines significantly, according to a study.

The National Board of Revenue (NBR) has halved the amount of value added tax (VAT) it had initially decided to impose on biscuit sales, according to a government notification issued yesterday.

How common is it in our daily life when a teacher or boss sets a deadline, and we all think, “Oh, I’ll start in ten days!” Suddenly, time shrinks, and it’s panic mode: emergency declared, day-and-night sprints commence, and the assignment emerges from chaos.

In a bid to clear a pile-up of containers, the National Board of Revenue (NBR) has approved the delivery of import-laden containers bound for the Dhaka inland container depot (ICD) to consignees from the Pangaon Inland Container Terminal (ICT) in Keraniganj.

Customers will no longer have to pay the additional 7.5 percent trade value-added tax (VAT) when shopping at supermarkets, according to the National Board of Revenue (NBR).

Bangladesh Telecommunication Regulatory Commission (BTRC) has capped bandwidth imports from India at 50 percent of the country’s consumption of 6,500 Gbps to reduce reliance on a single source and promote diversified international connectivity.

The process of recovering laundered assets should not be interrupted due to political reasons, Bangladesh Bank Governor Ahsan H Mansur said yesterday.

Essential commodity imports have seen a sharp rise in the last four months, driven by increased demand ahead of Ramadan, which is scheduled to begin on March 1, according to the latest data from the Bangladesh Bank (BB).

The analysis found that, given current inflation rates, garment workers in Bangladesh paid the minimum wage are losing income year after year, Jason Judd, executive director of GLI told journalists in Dhaka.

Bangladesh, a country grappling with an increasing external debt burden, is owed a staggering $5.8 trillion in climate debt by rich, high-polluting nations, according to a report by ActionAid released this month.

Sustainable agriculture has become an urgent necessity for ensuring food security, protecting the environment, safeguarding the well-being of farmers in Bangladesh, and increasing exports of agricultural products, according to experts and policymakers.

Brent crude oil prices advanced on Tuesday adding to gains in the previous session after a drone attack on an oil pipeline pumping station in Russia reduced flows from Kazakhstan, but gains were capped on the prospects of supply rising soon.