CPD teams up with Denmark for economic reform, green transition

Time has come to work on institutional strengthening, good governance, and make the systems transparent and accountable for Bangladesh, said Christian Brix Møller, the Danish ambassador to Bangladesh..He made the remarks at a signing ceremony with the Centre for Policy Dialogue (CPD) in Dh
14 January 2025, 15:09 PM

India to promote its textiles as political crisis hits Bangladesh’s exports, say sources

India aims to boost its textile and garments industry in next month's budget with financial support, tariff cuts on key inputs and incentives to produce locally, two government sources said..An ongoing political crisis in neighbouring Bangladesh, opens new tab has prompted global retailers
14 January 2025, 15:02 PM

ADP spending fell 19% in Jul-Dec

Tk 50,002 crore was spent in the period
14 January 2025, 14:38 PM

Bangladesh-Pakistan trade yet to reach expected level

DCCI president says at meeting with the Federation of Pakistan Chambers of Commerce and Industry
14 January 2025, 12:57 PM

Tripartite panel formed to solve industrial sector problems

Labour adviser made president of the 60-member panel
14 January 2025, 11:43 AM

Dhaka stocks fall for third consecutive day  

The benchmark index lost 1.01 points today 
14 January 2025, 09:33 AM

US top remittance source in Nov, Dhaka top recipient

The biggest source of all the remittance received by Bangladesh last November was the US, according to the latest report of Bangladesh Bank (BB)..Moreover, Dhaka secured the lion’s share of the foreign currencies..Bangladeshi migrants sent home $2,199.99 million in November. Of it, $
13 January 2025, 18:37 PM

China saw booming exports in 2024 as Trump tariffs loom

China’s exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.
13 January 2025, 18:00 PM

Bangladesh, Pakistan to form joint business council

The apex trade bodies of Bangladesh and Pakistan signed a memorandum of understanding (MoU) yesterday to form a joint business council to strengthen trade between the two countries.
13 January 2025, 18:00 PM

External debt rises slightly

Although Bangladesh’s foreign debt slightly increased in the first quarter of the current fiscal year 2024-25, the debt of private sector and public sector corporations decreased due to a lack of confidence in the banking sector and payment delays.
13 January 2025, 18:00 PM

Paint makers decry tax hikes as demand slumps

The local paint industry is reeling from increased supplementary duties (SD), which threaten both revenue and the survival of manufacturers amid rising production costs and shrinking consumer demand, according to industry insiders.
13 January 2025, 18:00 PM

Foreign fruits turn costlier for duty hike

Recent supplementary duty (SD) hikes on the import of fruits have dealt a fresh blow to people who were already cutting back on these delicacies since the imposition of regulatory duties in mid-2022..On January 9, the National Board of Revenue (NBR) increased the supplementary duty on the
13 January 2025, 15:35 PM

Bangladesh has huge potential to attract investment

Bangladesh has significant potential for foreign investment due to its large pool of human resources, strategically advantageous location, and sizable consumer market, said PARK Young Sik, the South Korean ambassador to Bangladesh..He made the remarks during a courtesy meeting with Taskeen
13 January 2025, 15:27 PM

FICCI expresses concern over hikes in tax, SD

Increased costs of doing business could weaken operational capacity, the chamber said
13 January 2025, 10:41 AM

Dhaka stocks down for second consecutive day

DSEX lost 7.35 points as of 12:04 pm  
13 January 2025, 06:26 AM

Independent directors not liable for finance company’s default: BB

No independent director will be considered a defaulter if the finance company with which they are associated defaults, the central bank said in a circular.
12 January 2025, 18:00 PM

Killing the golden goose of internet opportunity

The previous Awami League regime, which touted its efforts to make Bangladesh digital, mirrored the poor farmer in Aesop’s fable of the golden goose when dealing with the mobile voice and internet sectors. The interim government is now replicating this flawed approach following its predecessor’s footsteps.
12 January 2025, 18:00 PM

Imports of most Ramadan commodities rise

Imports of most essential commodities related to Ramadan increased in the first six months of the current fiscal year 2024-25, with the Bangladesh Trade and Tariff Commission (BTTC) stating that the prices of these items, whose demand rises during the fasting month, would remain stable.
12 January 2025, 18:00 PM

VAT hike raises medicine prices

Healthcare seekers face higher prices for medicine due to the hike in value-added tax (VAT) on trades by pharmacies and drug stores.   
12 January 2025, 18:00 PM

Introduce national minimum wage, uniform labour law

Experts and members of a labour reform commission formed by the government have suggested the introduction of a national minimum wage for workers and a uniform labour law applicable to employees both inside and outside the Export Processing Zones (EPZs).
12 January 2025, 18:00 PM