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

Rising interest rates deter new investment, expansion plans

Rising rates are creating headwinds for at least 40 listed conglomerates
12 January 2025, 18:00 PM

Malaysian palm oil stocks hit 19-month low

Malaysia’s palm oil stocks fell for a third consecutive month in December to hit their lowest since May 2023, as output dropped due to floods, data from the industry regulator showed on Friday.
12 January 2025, 18:00 PM

Businesses seek relaxed loan classification rules

Business leaders have presented nine demands to the central bank, including an exit policy, relaxed loan classification rules, and faster disbursement of cash incentives, as they struggle to sustain their industrial institutions amidst ongoing economic hardship.
12 January 2025, 18:00 PM

Manufacturers express concern on planned phasing out of single use plastic

They recommended promoting plastic recycling initiatives
12 January 2025, 14:40 PM
12 January 2025, 14:14 PM

Introduce national minimum wage: Experts

Informal sector employs 85% of the workforce
12 January 2025, 09:31 AM
12 January 2025, 09:24 AM

Dhaka stocks down slightly    

Total turnover stood at Tk 169.05 crore.
12 January 2025, 06:32 AM

IMF to crank up pressure to boost tax collection

The International Monetary Fund is set to tighten the noose on the Bangladesh government over its dismal revenue mobilisation...
11 January 2025, 18:00 PM

China’s electric and hybrid vehicle sales jumped 40.7% in 2024

Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models continues to surge and the sector remains entrenched in a gruelling price war.
11 January 2025, 18:00 PM

Large loan restructuring: lessons learned from Hallmark

Classified loans in Bangladesh have exceeded Tk 284,000 crore. Various agencies are even talking of Tk 4 lakh to Tk 7 lakh crores of stressed assets in the banking sector, which tends to be 25-45 percent of the total loans.
11 January 2025, 18:00 PM

Financial inclusion evolves with focus on rural Bangladesh

Financial inclusion in Bangladesh is evolving, as evidenced by the increasing penetration of agent banking, mobile financial service (MFS), and no-frills accounts (NFAs), alongside a strong commitment to rural outreach, according to
11 January 2025, 18:00 PM

Consensus reached for BGMEA polls in April

The administrator and two panels of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have reached a consensus to hold the election of the garment exporters’ platform in April this year.
11 January 2025, 18:00 PM

Trade deficit narrows in Jul-Nov

Bangladesh’s trade deficit in the first five months of the current fiscal year was 20 percent, or $1.97 billion, lower than in the same period of the previous fiscal year.
11 January 2025, 18:00 PM

VAT, tax hikes: Short-sighted state policies to hurt people

The recent decisions of the interim government—tax hikes and the suspension of the TCB truck sale programme—clearly reflect the short-sightedness and inconsistency in state policies.
11 January 2025, 18:00 PM

Local airlines worried over excise duty hike

The government’s recent decision to increase excise duty on domestic and international air tickets will have a serious negative impact on the aviation market, especially domestic passenger growth, said top officials of the country’s air operators.
11 January 2025, 18:00 PM

Small businesses to face tougher times as VAT threshold lowered

Economists and businesses criticised the timing of the NBR’s decision, as people have been struggling with above-9-percent inflation for nearly two years.
11 January 2025, 18:00 PM

11 conditions made mandatory for trade through Benapole port

Beanpole customs also listed 12 types of imported goods that should go through physical inspection
11 January 2025, 14:39 PM

Consensus formed to hold BGMEA election in April: administrator

Updated voter list will be published and election board will be formed within January
11 January 2025, 13:40 PM