The freezing of nearly £90 million worth of luxury property in London, linked to two associates of the country’s deposed prime minister, has offered a sense of accomplishment to Bangladeshi authorities.

After five years, the income tax rate for the highest bracket is likely to revert to 30 percent in the upcoming fiscal year as part of the government’s efforts to address growing inequality — an issue that is among the country’s major economic concerns.

Scrapping the price range cap for bids, making e-GP mandatory for all public procurement and allowing NGOs to compete for tenders, the government has overhauled the public procurement law.

The country’s overseas trade activities have been severely disrupted as officials of the National Board of Revenue (NBR) continued their protest, which began on May 14 in response to an ordinance abolishing the revenue authority two days prior.

Atlas Bangladesh Ltd (ABL) has partnered with Chinese electric vehicle maker Zhejiang Luyuan Electric Vehicle Company Ltd to assemble and manufacture electric scooters and bikes under the former's brand name, Atlas EV.

Bangladesh Bank is likely to issue Tk 20, Tk 50 and Tk 1,000 notes with a new design next week.

The benchmark index of the Dhaka Stock Exchange dropped 38.69 points yesterday, extending the losing run for the second consecutive day.

The BNP leader speaks at DSE Brokers Association’s event on capital market

The DSEX lost 38.69 points to close at 4,746.42

He also said the digital banking licence policy will soon be revised, and new licences will be issued

Tax officials nationwide abstained, demanding NBR autonomy and specific reforms

“No country has achieved structural transformation with high export concentration,” he said

The DSEX lost 8.65  points to 4,776.45 as of 11:50 am

'We are in the midst of all sorts of challenges,' says the finance adviser

Amid the ongoing structural transformation of the economy, there is a pressing need to design targeted policies that extend social protection coverage to both formal and informal workers, said Abdullah Nadvi, research director at Unnayan Shamannay (UnSy).

In the face of turmoil amid continued protest by employees, the government yesterday backtracked from its position and stated it would bring “required amendments” to the new ordinance that split the National Board of Revenue.

Bangladesh’s external debt soared to $103 billion by the end of December 2024, doubling from $51 billion in fiscal year (FY) 2016–17, as the sharp increase in borrowing coincided with a rapid expansion of the economy.

Although tanners have voiced opposition, the government will allow rawhide exports during the Eid-ul-Azha season with the aim of fostering demand and ensuring better prices for traders at the field level, Commerce Secretary Mahbubur Rahman said yesterday.

The government plans to raise the food subsidy allocation by 31 percent to Tk 9,500 crore in the upcoming fiscal year, aiming to ensure access to affordable food for poor and low-income households.

Gold prices rose to a two-week peak on Thursday as investors leaned toward the safe-haven asset, driven by concerns over the US government’s growing debt and soft demand for 20-year Treasury bonds, a sign of low appetite for US assets.