NBR flags tax anomalies of former CSE president, his relatives
The National Board of Revenue (NBR) has detected tax anomalies amounting to over Tk 58 crore involving five individuals and their companies, including a former president of the Chittagong Stock Exchange (CSE).
27 March 2025, 18:46 PM
Soybean output, imports rise amid growing feed demand
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).
26 March 2025, 18:00 PM
Local soybean production, imports rise amid growing feed demand: USDA
Acreage and production are expected to continue increasing in MY26, with Bangladesh likely to produce 1.60 lakh tonnes of soybeans next year, according to the report released last week.
26 March 2025, 11:04 AM
Toiletries market brims with opportunities
Bangladesh’s toiletries market is growing and there is a significant potential for further expansion as incomes rise alongside increasing awareness and lifestyle changes.
22 March 2025, 18:00 PM
With four months left, tax target remains elusive
The tax target for the National Board of Revenue (NBR) has become more daunting against the backdrop of slowing collection as the economy continues to grapple with worsening consumer purchasing power due to stubbornly high inflation and declining private and public investment.
20 March 2025, 18:00 PM
Bangladesh needs one lakh flats annually
Bangladesh requires around 100,000 new apartments every year. Despite having the capacity to meet this demand, realtors can only supply 8 percent of the required units, leaving a substantial gap.
8 March 2025, 18:00 PM
Maize continues to win farmers’ hearts
Maize, a little-known crop three decades ago, continues its triumph over wheat, paddy and other crops due to its higher yield and profitability.
3 March 2025, 18:00 PM
Corruption still unbridled for businesses
Although the interim government is focusing on reforms and new measures, corruption remains a major concern for businesses. Instead of waning, demands for undue payments by public officials have increased in some cases, said a top industrialist.
1 March 2025, 18:00 PM
Islamic bank deposits fall again on fragile confidence
Depositors continued to move their funds out of full-fledged Islamic banks in the October-December period last year, a sign that many savers have yet to regain confidence in the Shariah-compliant banks due to alleged irregularities.
27 February 2025, 18:00 PM
Imports rebound on rising exports, remittances
This growth was largely supported by a 30 percent year-on-year surge in imports in December 2024.
17 February 2025, 18:00 PM
No well-thought-out urban planning in the past 50 years
Bangladesh is growing horizontally and vertically, with new multistoried complexes being erected on fresh land in suburbs and towns to replace more modest structures.
15 February 2025, 18:00 PM
Wheat acreage lowest on record
Cultivation of wheat has hit the lowest on record in the current season in Bangladesh as many producers opted to grow potato and other high-value crops on land previously used for the second most important staple food after rice.
15 February 2025, 18:00 PM
Local AC industry seeks ‘fair’ govt procurement policy
Local air conditioner (AC) manufacturers in Bangladesh are pushing for “fair” government procurement policies, arguing that existing rules favour foreign brands despite local companies meeting global standards.
8 February 2025, 18:00 PM
In fragile trust, economy falters
Over the last several years, Ahsan, a rickshaw puller in his 50s, has been eagerly waiting for relief from the high prices of food and other essentials. Days and months have passed, but his pursuit of a better living by escaping the curse of elevated inflation has remained a distant dream.
8 February 2025, 18:00 PM
Bangladesh still top shipbreaking destination
Bangladesh remained the global shipping industry’s first choice for scrapping vessels in 2024, even though the overall import fell to a six-year low amid dollar constraints and subdued demand due to economic woes.
5 February 2025, 18:00 PM
Farmers forced to pay more than subsidised rates for fertiliser
Farmers in different parts of the country are being compelled to buy fertiliser, a key ingredient for crop production, by paying more than government-fixed prices.
28 January 2025, 18:00 PM
SMC: bettering lives in Bangladesh for 50yrs
Anyone of over 30 years of age might recall radio advertisements aired during their childhood and adolescence on contraceptives—Raja and Maya.
25 January 2025, 18:00 PM
Are rising exports, remittance the cure?
December has brought some good news! Remittance hit a record high, taking the total for the 2024 calendar year to $26.87 billion. Exports surged too, pushing the final annual figure to $50 billion.
2 January 2025, 18:00 PM
Economic woes far from over
Just a year ago, this newspaper ran a story leaving a question for our readers as to whether Bangladesh would be able to put its economy back on track in 2024.
30 December 2024, 18:00 PM
Jute millers struggling amid export slump
Jute millers are struggling as exports show no sign of recovery and demand in the domestic market remains lukewarm amid slack implementation of the mandatory jute packaging act.
14 December 2024, 18:00 PM