Bangladesh’s exports to US may increase: WTO report

Some Least Developed Countries (LDCs), including Bangladesh, are likely to see their exports rise in the US, said a report by the World Trade Organization (WTO).
17 April 2025, 18:20 PM

Investors not confident

Investors do not feel confident because they are not sure if the policies taken by the interim government will be in place for long, said Debapriya Bhattacharya, head of the white paper panel on economy, yesterday.
17 April 2025, 18:17 PM

Cancellation of Transhipment due to ‘some developments’

India yesterday said its withdrawal of transshipment facility to Bangladesh for third-country exports should be seen in the backdrop of “some of the developments” that preceded it.
17 April 2025, 18:01 PM

NBR to collect travel tax directly from outbound passengers

The National Board of Revenue (NBR) is set to introduce a new system for collecting travel tax directly from outbound passengers, replacing the current practice where airlines include the tax in ticket prices and later deposit it into the state coffer.
17 April 2025, 18:01 PM

Highway to justice on a rickshaw

Someone I know once joked, “In Bangladesh, legal process is like a traffic signal -- it exists, but nobody follows it.” I know of a family that has been caught in a legal battle regarding land for decades. It is the kind of dispute that survives elections, grey hairs, and a few judges. They have won every round up to the top court, but the case? It is still pending outside the court. The legal system here is not just blind -- it is apparently waiting in traffic, hoping to dodge the maxim justice delayed is justice denied.
17 April 2025, 18:00 PM

Debate heats up over locking SIM slots for smartphone sales on EMI

The major telecommunication companies in Bangladesh and their smaller peers are in a debate over whether they should be allowed to lock all SIM slots when selling smartphones on instalment plans.
17 April 2025, 18:00 PM

ADP spending in July-March lowest in 15 years

Implementation of the Annual Development Programme (ADP) in the first nine months of the current fiscal year of 2024-25 has reached its lowest point in at least 15 years, with about Tk 82,894 crore being spent during the period.
17 April 2025, 18:00 PM

Shop rent Tk 3 lakh, but govt gets just Tk 22,000

A probe has found massive irregularities in the rental of shops at nine markets of the National Sports Council (NSC), including a case where the government receives as little as Tk 22,000 in monthly rent while as much as Tk 3 lakh is being collected from the tenant. 
17 April 2025, 18:00 PM

It’s time to go for more flexible exchange rate: IMF

The time is right for Bangladesh to move towards a more flexible exchange rate regime, said Chris Papageorgiou, mission chief of the International Monetary Fund (IMF) to Bangladesh.
17 April 2025, 18:00 PM

Ctg customs saw 12% revenue growth in July-March

Revenue collection by Chattogram Customs House rose 12 percent over the past nine months thanks to the easing of import restrictions, with shipments of Ramadan essentials surging ahead of the month of fasting for Muslims..The country’s top revenue earner collected Tk 55,346 crore in the Ju
17 April 2025, 15:05 PM

Stocks extend losing streak

Turnover, a key measure of market activity, dropped 14 percent to Tk 339.29 crore.  
17 April 2025, 10:02 AM

IMF to continue talks with Bangladesh for near-term agreement

The global lender said such an agreement would pave the way for completing the combined third and fourth reviews
17 April 2025, 09:30 AM

Free trade agreement with the US can be Bangladesh’s long-term solution: economist  

The economist said Bangladesh will need to undertake major reforms as it graduate from the LDC group
17 April 2025, 07:25 AM

US collects over $1 billion a year in tariffs on Bangladeshi goods: CPD  

The CPD said Bangladesh imposes customs and other duties averaging 6.2 percent on US imports
17 April 2025, 05:48 AM

Stocks rebound after three-day slump 

Turnover, a key indicator of market activity, stood at Tk 76.35 crore during the period.
17 April 2025, 05:15 AM

Bida expresses concern over gas price hike

The newly fixed gas tariff discriminates against new investors, as it compels them to pay 33 percent more in bills than existing ones, said Chowdhury Ashik Mahmud Bin Harun, executive chairman of the Bangladesh Investment Development Authority (Bida).
16 April 2025, 18:56 PM

Dream71 to build renewable energy web platform for Lesotho

.Dream71 Bangladesh Limited has been entrusted with building a digital platform to promote renewable energy in the African nation of Lesotho..The leading Bangladeshi information technology company will develop a modern, web-based system to streamline e-tendering, data management, rea
16 April 2025, 18:30 PM

BFIU fines Premier Bank for unfreezing HBM Iqbal’s account

The Bangladesh Financial Intelligence Unit (BFIU) has fined Premier Bank Tk 1.11 crore and $30,000 (in equivalent local currency) for unfreezing the bank account of HBM Iqbal, the former chairman of the bank, and allowing fund withdrawals from the account in violation of law.
16 April 2025, 18:24 PM

Provide info on wilful loan defaulters every 3 months

Bangladesh Bank yesterday instructed banks to furnish detailed information about wilful loan defaulters.
16 April 2025, 18:01 PM

IoM to use €5m EU grant for migration management

The International Organization for Migration (IoM) will use a €5 million grant from the European Union to implement a project on improving migration management and reintegration services in Bangladesh.
16 April 2025, 18:00 PM