A well-functioning tax system rests on three foundational pillars: fairness, predictability and finality. While Bangladesh has made progress in expanding the tax base and modernising legislation, the lived experience of corporate taxpayers shows a persistent failure on the last two counts. Nowhere is this more evident than in the country’s regressive and repetitive tax audit practices.

The general manager, the third-highest post at the Sammilito Bank PLC, can be appointed through open competition, transfer of GMs from state banks, or specially selecting officials from the five banks being merged to form the new bank, the government has decided.

Bangladesh’s booming farm production is coming at a hidden cost of health risks, environmental damage, and long-term threats to future generations, warns eminent economist Prof Anu Muhammad.

Defaulted loans at the country’s non-bank financial institutions (NBFIs) have surged to a record 37 percent, highlighting the sector’s fragile condition.

The Bangladesh Bank (BB) will not change its decision about paying no profits on deposits for 2024 and 2025 at five shariah-based banks now undergoing a merger, even as depositors staged protests at a number of branches.

The commerce ministry has recommended that the revenue board end the duty-free import of certain types of yarn under the bonded warehouse facility.

Not all crops require flood irrigation, and using it on wheat, corn, onions, garlic, sugarcane, and other winter crops causes water wastage and may even harm the crop itself. To address this, the Bangladesh Agricultural Development Corporation (BADC) is testing a centre-pivot irrigation system to deliver water precisely to maintain optimal soil moisture.

The National Board of Revenue (NBR) has introduced an automated system that allows advance income tax (AIT) paid at the import stage to be directly credited to taxpayers’ electronic returns.

The commission organised a stakeholders’ meeting

The rise reflects growing stress in the overall financial sector

The hidden cost is translating into long-term threats to future generations, the economist said

The ministry recommended the cancellation of the bond facility to import yarn of 10 to 30 count

Fortress Property Expo 2026 began on Friday at Rupayan Shopping Square in the Bashundhara Residential Area of Dhaka.

Mercantile Bank PLC yesterday held its “Annual Business Summit 2026” at the Pan Pacific Sonargaon Dhaka.

SBAC Bank PLC recently signed an agreement with MAY International Trade Services Limited, a financial advisory firm operating in Bangladesh.

Midland Bank PLC recently signed a memorandum of understanding (MoU) with Best Western Plus Bay Hills, a hotel of the Goldsands Group located in Cox’s Bazar.

ACI Motors Limited has launched Bangladesh’s first hybrid motorcycle, the Yamaha FZS Hybrid, marking a new chapter in the country’s motorcycle industry with the introduction of advanced technology for local riders.

The government has introduced a new “Property, Plant and Equipment (PPE) and Lease Manual” to strengthen asset governance and mitigate long-term liabilities, as hidden fiscal exposures from state-owned entities continue to pose risks to macroeconomic stability.

The Pangaon Inland Container Terminal (PICT) in West Keraniganj of Dhaka formally resumed operations yesterday under the management of Medlog Bangladesh Private Limited, a concern of the Switzerland-based logistics giant Medlog.

ACI Ltd, one of the leading diversified conglomerates in Bangladesh, plans to enter the property and semiconductor businesses.