Ziad Shatara, former Banglalink CEO, appointed Robi Axiata MD and CEO effective September 1

Government secures $400 million AIIB loan for climate resilient inclusive development program

The interim government has finally scrapped the controversial provision allowing the legalisation of undisclosed income through the purchase of apartments and land in the upcoming fiscal year.

The stock market in Bangladesh plunged by over 1.6 percent yesterday, mainly due to investor apprehensions over news of the US joining Israel in bombing Iran.

Finance Adviser Salehuddin Ahmed has defended the interim government’s conservative budget strategy, pushing back against economists’ criticism that it follows an “old road”.

The country’s business climate is weighed down by a deep shadow of uncertainty, economist Hossain Zillur Rahman said yesterday, warning that the stagnation is slowing economic progress.

The rhythmic clatter of sewing machines may still define Bangladesh’s garment factories, but in the near future, that familiar sound could fade beneath the shimmer of self-cleaning fabrics and the quiet of nanotechnology at work.

The interim government has kept the corporate tax rate for non-listed firms unchanged at 27.5 percent for fiscal year 2025-26, despite repeated demands from entrepreneurs and business chambers to reduce the tax, especially for those transacting through banking channels.

The authorities have decided in principle to let the Chittagong Port Authority (CPA) take charge of the New Mooring Container Terminal (NCT) for six months amid opposition from major political parties to appointing a foreign operator.

The business process outsourcing (BPO) industry in Bangladesh, once known solely for voice-based customer service and back-office support, is cautiously but steadily embracing artificial intelligence (AI) to stay relevant in an evolving global market...This shift was evident at the r

Finance Adviser Salehuddin Ahmed has defended the interim government’s conservative budget strategy, pushing back against economists’ criticism that it follows an “old road”..“A highway is born out of the old road. Every new highway begins as a rural path,” Ahmed said yesterday, after the

The DSEX plummeted 76 points to 4,677 to close trading

Lower tax benefit only for firms offloading minimum 10% shares via IPO or direct listing

Now it is 10%, down from 15%

The World Bank (WB) yesterday approved $500 million in financing to enhance trust in Bangladesh’s public institutions through increased accountability and transparency.

Despite having spent more than three decades in the financial sector, I faced the real test as a credit officer when I was appointed head of restructuring and recovery at Standard Chartered Bank. This was particularly so during audit, portfolio review and due diligence assignments following the Asian financial meltdown in 1997, in East Africa, Greater China and Europe.

The interim government is likely to scrap the provision that allows black money to be legalised through the purchase of apartments and land in the next fiscal year (FY) 2025-26, amid criticism from civil society groups, think tanks and watchdogs.

Inflation in Bangladesh is not a monetary phenomenon, so only a tight monetary policy may not reduce it at the expected pace. Rather, it will reduce investment and job creation, said economists yesterday.

The negotiation for the signing of an economic partnership agreement (EPA) between Bangladesh and Japan will be completed by the end of August, said Commerce Secretary Mahbubur Rahman yesterday.

If business process outsourcing (BPO) companies in Bangladesh fail to adopt technologies like artificial intelligence, machine learning, and large language models, they will fall behind in global competition, experts warned yesterday..“Technological advancement in the past two years has su