FTA with UK can boost trade, investment

Signing of a free trade agreement (FTA) between Bangladesh and the UK can help boost bilateral trade and investment, said Rupa Huq, a member of parliament (MP) in the UK with Bangladeshi origin, yesterday.
7 January 2025, 18:00 PM

Mobile internet users dropped by 44 lakh in November

The number of mobile internet subscribers in Bangladesh witnessed a significant drop of 44 lakh in November, contributing to an overall decline in internet subscribers to 13.28 crore from that in October.
7 January 2025, 18:00 PM

As trade dries up, stock exchanges turn to FDRs for survival

The country’s two stock exchanges logged operating losses in the last fiscal year thanks to sluggish trading activities, according to official data, compelling the markets to resort to their fixed deposit income to avoid a net loss.
7 January 2025, 18:00 PM

Five economic zones to be fully functional in two years: Beza executive chairman

The zones are expected to attract $5.5 billion in investment and create over 200,000 jobs
7 January 2025, 11:53 AM

Hatil's factory workers go on strike, demand attendance bonus raise

Strike ends after management assures of meeting demands
7 January 2025, 10:32 AM

Bangladesh leads with 233 LEED-certified green garment factories

Consist Apparels becomes the latest platinum-ranked factory 
7 January 2025, 08:55 AM

Govt bans import of e-cigarettes

The ban takes effect immediately, as per the notification.
7 January 2025, 08:52 AM

Bangladesh’s economy contracts slightly in Dec: PMI

The country’s PMI declines to 61.7
7 January 2025, 08:47 AM

Dhaka stocks edge up for second consecutive day     

DSEX gains 28.07 points as of 11:26 am  
7 January 2025, 05:47 AM

Metro rail fares exempt from VAT for this year

The National Board of Revenue (NBR) has exempted value-added tax on the fares of Dhaka metro rail, which has gained a lot of popularity since the beginning of its operations.
6 January 2025, 22:03 PM

Direct tax expenditure declined to Tk 1.15 lakh crore in FY22

Bangladesh’s direct tax expenditure, a tax subsidy that includes rebates, exemptions, and reduced rates offered by the revenue authorities, fell 8 percent year-on-year to Tk 1.15 lakh crore in fiscal 2021-22, according to the tax expenditure estimation report..The National Board of Revenue
6 January 2025, 18:12 PM

Economy slows to 1.81% in volatile first quarter

The Bangladesh economy saw its lowest quarterly growth in three-and-a-half years in the first quarter of the fiscal year on the back of political upheaval and severe flood in August.
6 January 2025, 18:10 PM

Rising yields dampen gold prices

Gold prices retreated on Monday as US Treasury yields firmed, while investors’ attention turned to economic data for clues on the Federal Reserve’s interest rate trajectory in 2025 after the central bank flagged a slower pace of rate cuts this year.
6 January 2025, 18:00 PM

Eurozone economy ended 2024 in fragile state: PMI

The eurozone economy ended 2024 in a fragile state, according a survey which showed overall activity contracted for a second straight month in December as a modest recovery in the services industry failed to offset a deeper downturn in manufacturing.
6 January 2025, 18:00 PM

Risk and resilience are the watchwords for 2025

As the world rings in 2025, try to imagine what it would have looked like in 2019 if a visitor from the future appeared with a warning about what was going to happen next.
6 January 2025, 18:00 PM

NBFIs’ bad loans surge to record Tk 26,163cr

Defaulted loans at the country’s non-bank financial institutions (NBFIs) reached a record 36 percent of all loans disbursed by them as of September 2024, a level that sector people described as a reflection of “massive irregularities and scams” seven to eight years ago.
6 January 2025, 18:00 PM

Inflation eased slightly in Dec but still above 10%

Bangladesh concluded another year staring at prices of essential items taking a wild ride, the central bank scrambling to further tighten the money supply and penny-pinching among limited income people.
6 January 2025, 18:00 PM

RMG exports grew moderately in 2024 despite headwinds

In spite of turbulent times prevailing both at home and abroad, garment exports from Bangladesh grew in 2024 by 7.23 percent year-on-year to $38.48 billion, according to the Export Promotion Bureau (EPB)..This is due to an increasing demand for clothing with the fall of inflation in major
6 January 2025, 16:28 PM

Mobile phone talktime, internet to be costlier

The NBR will increase supplementary duty on mobile phone usage by 3 percentage points
6 January 2025, 15:40 PM

High prices, freight costs take a toll on vegetable exports

The exports of fresh vegetables decreased 57.93 percent year-on-year in the first six months of the current fiscal year, official figures showed..Vegetables fetched $70.36 million in the July-December period of fiscal year 2023-24, and in the same period of fiscal year 2024-25 it was $29.6
6 January 2025, 15:18 PM