The Bangladesh Bureau of Statistics (BBS) will form six expert committees to strengthen monitoring and enhance data credibility, one of its top officials said yesterday.

The adoption of International Financial Reporting Standards (IFRS) for small and medium enterprises (SMEs) provides a structured framework that enhances financial transparency, said Taskeen Ahmed, president of the Dhaka Chamber of Commerce and Industry (DCCI)..He also said that IFRS would

Although the tax policy is “aggressive,” its implementation remains inadequate, Khan said, admitting that there is no scope to introduce harsher tax measures.

The tax authority failed to meet its target, forcing the government to borrow to cover expenditures, increasing the country’s debt burden, NBR Chairman Abdur Rahman Khan said.  

There is an old tale, passed down through generations, about a king and his youngest daughter.

Trade associations in Bangladesh are demanding a simpler and investment-friendly tax structure that would ensure sustainable economic growth and broaden tax collection in the country..Leaders of the Bangladesh Chamber of Industries (BCI), Bangladesh Knitwear Manufacturers and Exporters Ass

Remittance inflows surged by around 78 percent year-on-year in the first 19 days of March as migrant workers sent more money home to relatives ahead of Eid-ul-Fitr, the largest religious occasion in the country.

About 87.5 percent, or 15 crore, of Bangladesh’s citizens do not have access to all eight basic services such as clean drinking water, basic education, and sanitation facilities, according to a recent study.

Paramount Insurance PLC has announced a 10 percent cash dividend for its shareholders for 2024, driven by higher profits. The company declared the same dividend amount in the previous year as well.

Outstanding government and corporate bonds globally exceeded $100 trillion last year, the OECD said on Thursday, with rising interest costs leaving borrowers facing tough choices and needing to prioritise productive investments.

The Bangladesh Chamber of Industries (BCI) has called for urgent reforms to enhance industrial competitiveness in the rapidly evolving global market, saying they would subsequently ensure sustainable growth.

Both the acreage and production of lentils have been declining over the years, according to official data, as farmers cite a combination of factors, including lower profitability, frequent crop diseases and unfavourable weather.

Garment shipments from Bangladesh to the European Union (EU) surged by 52.56 percent year-on-year to $1.97 billion in January this year, according to data from Eurostat. 

The Bangladesh Securities and Exchange Commission (BSEC) has sent a letter to the government requesting the appointment of 19 officials with degrees in economics, finance, commerce, accounting, statistics, mathematics, law, and information technology.

The tax target for the National Board of Revenue (NBR) has become more daunting against the backdrop of slowing collection as the economy continues to grapple with worsening consumer purchasing power due to stubbornly high inflation and declining private and public investment.

Credit card transactions in Bangladesh have shown distinct trends in both domestic and international spending..A recent Bangladesh Bank report highlights shifts in consumer behaviour, sectoral spending patterns, and transaction growth over the past year..In January 2025, domestic cre

Both the acreage and production of lentils have been declining over the years, according to official data, as farmers cite a combination of factors, including lower profitability, frequent crop diseases and unfavourable weather..Over the past five years, lentil cultivation has fallen by 75

Mixed reactions came from different quarters

All customs houses and stations will remain open every day, except on the day of Eid-ul-Fitr, to facilitate import and export activities, said the National Board of Revenue (NBR) yesterday.

Finance Adviser Salehuddin Ahmed yesterday said the interim government will not incorporate any mega projects that cost billions of dollars in the next budget for FY2025-26.