The DSEX lost 3.18 points to 4,787.90 as of 11:48 am

The non-tariff barriers hurt Bangladesh-India trade, increasing costs and damaging bilateral trust

Additional 330,000 people became jobless in Oct-Dec 2024

Trust Bank PLC reported a fall in profit for the first quarter of 2025, as rising expenses dented its earnings.

The government will form an independent board to run mobile financial service provider Nagad, Finance Adviser Salehuddin Ahmed said yesterday.

Bangladesh’s government recently enacted a long-awaited reform measure: dissolving the National Board of Revenue (NBR) and splitting it into two new agencies. The goal is to separate the tax policymaking and implementation processes, in line with a key conditionality of the International Monetary Fund (IMF) for the next tranche of disbursements.

A US sovereign downgrade by Moody’s has exacerbated investor worries about a looming debt time-bomb that could spur bond market vigilantes who want to see more fiscal restraint from Washington.

Employees of the National Board of Revenue (NBR) yesterday vowed to continue their pen-down strike against a May 12 ordinance on restructuring the revenue administration, unless Chief Adviser (CA) Prof Muhammad Yunus or a representative proposes a mediation.

Maize cultivation remains a profitable venture for farmers, although many in districts where production is concentrated have voiced concerns over a drop in market prices this season amid a rise in production costs.

The interbank exchange rate of the US dollar rose slightly yesterday, two working days after the central bank adopted a market-driven exchange rate system.

The National Board of Revenue (NBR) is expected to continue the prospective tax system until fiscal year 2027-28, allowing taxpayers and businesses to determine applicable tax rates in advance instead of waiting until the end of the income year.

Some manufacturers say they are now opting to reduce office utility consumption, optimise office supplies, minimise bank dependence, and find alternative funding sources.

The inter-bank exchange rate hit Tk 122.78 per US dollar today

Business leaders and economists have warned that if the situation continues, it could lead to a shortage of essential commodities in the local market

The DSEX dropped 29.38 points to 4,791.08

“We have learned about the restrictions through media reports and social media,” Bashir Uddin told reporters today at the Secretariat in Dhaka

The commerce ministry's findings conclude a probe launched in May 2024, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports.

The ratings agency cut America's pristine sovereign credit rating by one notch on Friday, the last of the major ratings agencies to downgrade the country, citing concerns about the nation's growing $36 trillion debt pile

The DSEX gained 15.32 points to 4,835.79 as of 11:20 am

India has imposed restrictions on the import of garments, agro-processed foods, furniture and other goods from Bangladesh through land ports, a move likely to disrupt trade flows and increase logistical challenges for exporters.