Sohel Parvez

The International Monetary Fund has suggested the National Board of Revenue (NBR) restructure the personal income tax slabs and increase the tax-free income limit to Tk 5 lakh from the existing Tk 3.5 lakh.

For the past two and a half years, entrepreneurs in Bangladesh have been facing numerous hurdles, beginning from a dollar shortage and a sharp rise in import costs for their escalated rates in global markets and the depreciation of the taka.

More women are joining the agriculture sector in Bangladesh as their job opportunities in industries, especially garment factories, have stagnated and men switch to non-farm sectors amid increased mechanisation of farming activities

Farmers are registering reduced profitability from paddy cultivation due to tightening of the rural labour market and declining real prices for the cereal grain, according to a joint study by two international research organisations.

Bangladesh’s wheat imports recovered and hit a two-year high in the first seven months of the fiscal year as prices of the grain cooled and demand from local industries soared.

Bangladesh's annual average inflation crept up to 9.59% last month, way above the central bank's revised target of 7.5% for the financial year ending in June

People made Tk 4,100 crore MFS transactions in 2023's December

Bangladesh registered at least $2.5 billion in funding from investors for mergers and acquisitions (M&A) of firms since 2005, according to a recent study, which says there is room for growth in terms of M&A in Bangladesh although the volume is modest in comparison with regional counterparts.

Turkish beverage company Coca-Cola Icecek (CCI) has signed a deal to acquire Coca-Cola Bangladesh Beverages Ltd (CCBB) for $130 million.   

Turkish beverage company Coca-Cola Icecek (CCI) has signed a deal to acquire Coca-Cola Bangladesh Beverages Ltd (CCBB) for $130 million.

Exports from Bangladesh to South Korea nearly tripled over the past five years thanks to duty-free benefits and a push by exporters to explore the world’s 13th largest economy and thereby diversify their export destinations.

In December last year, the yield of 364-day treasury bills (T-bills) stood at 11.28 percent, the highest in 11 years

Automated teller machines (ATMs) were once a symbol of modern electronic banking for facilitating quick and easy cash withdrawals alongside other banking solutions, including credit card payments and balance confirmation

Dollar crisis along with LC opening difficulties is giving small and medium firms no respite

Increase in shipping time and cost is expected as the fallout from Red Sea crisis deepens

Central bank data highlights continuing financial account deficit in the face of international currency outflow

Except knitwear, exports earnings have been in decline across the other seven major sectors according to data by EPB

Bangladesh’s corn import may plunge in the marketing year (MY) 2023-24 beginning from May owing to reduced requirement of feed in poultry, aqua and other farms, and difficulties faced by millers in importing goods amid the ongoing forex shortage in the country, according to a recent report by the US Department of Agriculture (USDA).

Businesses in Bangladesh will face challenges in managing the impacts of higher inflation and exchange rate in 2024 as well while the cost of production and operation may increase amid the rising bank interest, several business and corporate leaders warn

Bangladesh’s economy has been passing through a challenging time for the past two years amidst growing pressure on foreign exchange reserves, the sharp depreciation of the taka and an elevated level of inflation