Just five days after issuing a gazette notification imposing export fees on raw jute and jute products, the government has withdrawn the order to review the decision, following strong concerns from industry stakeholders over what they described as an excessive hike.

With the central bank halting direct financing by printing new notes, the government also has no option but to turn to commercial banks to meet its fiscal needs.

Held meeting with officials of foreign companies, introduced dedicated emergency contact line

The benchmark index dropped 29.52 points to 5,044.85

In addition, 40 percent of the surveyed companies reported facing problems while adjusting their tax refunds.

The private lender said its profit grew 18 percent year-on-year to Tk 279.59 crore in 2024

This includes allowing more duty-free imports from the US, offering warehouse facilities for American cotton and removing various non-tariff barriers.

Turnover, a key indicator of market activity, stood at Tk 126.95 crore during the session

CPD estimated that around 50 percent of this amount has been lost to corporate tax evasion.

IDLC Finance saw its profit grow in 2024 as the company looks to expand its capital base and portfolio.

The government yesterday gave the go-ahead to a support project for the construction of key marine infrastructures for the Chattogram port's mega expansion Bay Terminal project.

The fresh gas price hike has become a major challenge for local industries at a time when they are at risk of experiencing a fall in exports to the US due to the new Trump tariffs, a trade expert said today.

The International Monetary Fund (IMF) has decided to prolong its discussions with Bangladesh, aiming to reach a staff-level agreement for the next tranche of its $4.7 billion support package.

Last week, a pack of rice crackers at Sun Vin Grocery store on Mulberry Street in New York City’s Chinatown cost $4.99.

The latest hike in gold prices in Bangladesh has pushed the precious metal’s value beyond levels anticipated from global market trends.

More than a year since bancassurance was introduced in Bangladesh, the benefits have proven uneven across the insurance industry.

Best Holdings Ltd is set to open the first five-star hotel in Bangladesh’s industrial belt by June 2026, introducing luxury hospitality to Bhaluka in Mymensingh district.

Interest rates on government treasury bills rose again this month, reversing a brief downward trend and signalling a continued liquidity crunch in the banking sector.

Although stubborn inflationary pressures have worsened the situation of poor people in recent years, public food distribution under various social protection schemes fell by more than 7 percent year-on-year in the first three quarters of the current fiscal year, driven by political instability and dysfunctional local governance.

When a country showcases its potential to attract investors, it should not forget to include its equity market