Ten companies of S Alam Group have been ordered to pay Tk 1,414 crore of unpaid value-added tax (VAT) they allegedly “evaded” in the past two years.

Bangladesh’s economy is expected to clock a 7.1 percent growth in fiscal year 2025-26, driven by exports and remittances, according to an HSBC Global Research report.

The Bangladesh Securities and Exchange Commission (BSEC) has alleged that manipulators were fuelling protests against the regulator to prevent it from taking a stand against corruption and reforming the stock market.

The uphill battle to restore confidence among the business community is progressing slowly as the Prof Muhammad Yunus-led interim government marks its second month in office.

Summit terms termination of the deal ‘unjustified’, says will appeal for review

The five-member panel starts working today

HSBC says in Global Research report

Experts discussed many other challenges and the importance of raising awareness on social protection among Ready-Made Garment (RMG) workers in the event.

The decision was made yesterday at a meeting between BSEC Chairman Khondoker Rashed Maqsood, Rear Admiral Mir Ershad Ali, director general of the Bangladesh Coast Guard, and other officials from the armed forces

However, passengers with passports will travel through the land port as usual.

The Bangladesh Financial Intelligence Unit (BFIU) yesterday asked banks to freeze all personal accounts of Bashundhara Group Chairman Ahmed Akbar Sobhan, his son and group Managing Director Sayem Sobhan Anvir, and their family members.

Renata PLC, a leading pharmaceutical company in Bangladesh, has started exporting two new products to the UK, thereby expanding its product portfolio in the country, according to a company disclosure.

The media has been abuzz with concerns about the rampant abuse of Bangladesh’s financial sector for more than a decade.

Stock market indexes in Bangladesh fell sharply yesterday, primarily for Islami Bank Bangladesh, as investors were reluctant to pour fresh funds for the purchase of shares amidst price fluctuations.

The interim government of Bangladesh yesterday issued a policy with the aim of raising non-tax receipts as revenue mobilisation in the country remains poor.

Non-bank financial institutions (NBFIs) in the past fiscal year saw their defaulted loans reach a record 33.15 percent of all disbursed loans, according to the central bank, indicating a fragile situation in the sector thanks to widespread loan irregularities and scams.

Bangladesh’s banking sector was not well-managed in recent years. Banks mostly gave loans to their owners, rather than to creditworthy entities. Consequently, several banks are now in difficulty.

Thirty-one organisations and individuals in 25 categories have been recognised and awarded for their excellence in Bangladesh travel, tourism and hospitality sectors

The BFIU also asked to suspend the transactions in the personal and privately-owned institutional accounts of Hanif

The commission recommended NBR cut sugar import duty to 15% from existing 30%