The Bangladesh Sustainable and Renewable Energy Association yesterday urged the interim government to reconsider its cancellation of 31 letters of intent that the past regime had signed with potential investors in solar power projects without adopting any tender process...A letter of

Deposit and investment growth in the country’s Islamic banks fell to a four-year low in the first quarter of 2025, apparently driven by rising public concerns over the financial stability and governance practices of the commercial lenders.

Textile millers have demanded the withdrawal of the 2 percent advance income tax (AIT) on cotton imports within a week, warning of possible factory closures otherwise..Speaking at a press conference organised by the Bangladesh Textile Mills Association (BTMA) at the Gulshan Club in Dhaka y

But 25% of the interest income must go to the Investors’ Protection Fund, says a July 3 gazette

Currently, 95 percent of claims are processed within three working days

Millers said the levy is hurting the sector

Around 700 private couriers form the country’s logistics backbone from cities to villages

The national semiconductor taskforce has charted a roadmap to unlock the country’s potential in semiconductors, focusing on three priority areas — skills development, business environment and policy support, and global linkages...As per the roadmap, the plan includes training program

Local cosmetics makers have warned that the industry faces an uncertain future unless stricter controls are introduced to stop smuggling and misdeclared imports.

The finance ministry yesterday sent four top officials of the National Board of Revenue (NBR) into retirement on ‘public interest’.

Bank branches, booths, hotels, and gift shops are now formally allowed to apply to the central bank for a limited money changer licence by paying a Tk 50,000 fee..In detailed guidelines on the matter issued yesterday, the central bank stated that it has permitted certain entities to operat

Local banks can now lend up to 60% of project cost to foreign firms

The announcement comes nearly two weeks after the FBCCI had set September 7 as the date for polls

It also announced formation of subsidiary Jenson & Nicholson Packaging

The Anti-Corruption Commission (ACC) has initiated another formal inquiry into allegations of corruption and irregularities, including illegal amassing of wealth, abuse of authority, and favouritism, against five more senior officials of the National Board of Revenue (NBR).

The Chittagong Port Authority (CPA) will operate its New Mooring Container Terminal for the next six months or until a new operator is chosen.

However, ISPAB does not want Tk 400 package to be made mandatory for them

Eleven more banks that were hit by irregularities and scams during the Awami League government’s tenure are set to undergo an asset quality review (AQR) by global audit firms.

The United States is Bangladesh’s single largest export destination.

NBR officials’ work abstention hampering export, import activities, they say