Star Business Report

The development comes despite opposition from businesses, as they think allowing trade unions with such a low number of workers may affect stability

The indices of stock market in Bangladesh gained yesterday despite jitters over the political climate, centred on the verdict in a case against deposed prime minister Sheikh Hasina and two of her aides over crimes against humanity.

Tax collection jumped 20 percent year-on-year in the July-September quarter, the highest in recent years, buoyed by robust growth in value-added tax (VAT) and income tax receipts.

Bangladesh has welcomed the outcome of trade negotiations with Washington, securing a 20 percent tariff rate on its exports to the US under a sweeping new executive order issued by President Donald Trump.

The second day of the second round of three-day tariff talks between Bangladesh and the United States ended on today in Washington, DC.

This marked the steepest decline since the Covid-19 pandemic, when roughly 3.8 lakh vehicles were registered with the BRTA

Bangladesh’s interim government has moved to restructure the country’s tax system by creating two new divisions under the Ministry of Finance, a move aligned with recommendations from the International Monetary Fund.

Stocks fell last week as concerns over potential corporate tax hikes in the upcoming budget weighed on investor sentiment.