In general, e-commerce is the exchange of goods and services, and the transmission of funds and data over internet. It is governed by technology and digital platforms, including websites, mobile apps and social media, which make buying and selling more feasible.

The share of the total allocation for spending directly on poverty reduction has come down for the upcoming fiscal year despite persistently higher inflation, deepening the uncertainties of the poor.

Bangladesh is going to sign agreements with India and Myanmar for importing essential commodities round the year to sell those among local consumers at affordable prices, State Minister for Commerce Ahasanul Islam Titu said yesterday.

Implementation of the budgetary proposal to phase out a tax holiday for investors and developers of private economic zones (EZs) will be a violation of agreements signed over developing the zones, according to the Japanese ambassador to Bangladesh.

Bangladesh should explore potential avenues for joint protection of shared GI (geographical identification) with India and put in place a legal framework to safeguard the country’s traditional products, said the Centre for Policy Dialogue (CPD) yesterday.

Postal officials have misappropriated Tk 55 crore from both people and departmental resources, said Zunaid Ahmed Palak, state minister for Posts, Telecommunications, and Information Technology today.

IRRI said climate change, characterised by rising temperatures and increased frequency of extreme weather events, significantly impacts rice production and yields.

Bangladesh is set to accelerate its digital transformation through a collaborative effort with GovStack, an initiative that focuses on the development and implementation of digital public infrastructure through public-private collaborations, said experts yesterday

The two will work jointly in Chattogram, Mongla, Dhaka

$21.64 billion worth of apparels were shipped to the European Union in the Jul-May period this fiscal year

The number of border haats will also be increased, State Minister for Commerce Ahasanul Islam Titu also said

The suggestion comes after Sundarbans’ honey was displayed as a GI product of India

Despite widespread condemnation from economists, watchdogs, businesspeople and even multiple lawmakers, the government is expected to retain the amnesty allowing individuals and businesses to whiten black money without scrutiny by paying a 15 percent tax in the upcoming fiscal year.

Bangladesh will have to comply with 33 new conditions by June next year in order to receive the next two instalments under the International Monetary Fund’s $4.7 billion loan programme.

National Logistics Policy 2024 is a wonderful step towards developing Bangladesh’s economy and enhancing its position in the global market and therefore it needs to be properly utilised, said speakers at a seminar yesterday.

The broad index of Dhaka Stock Exchange (DSE) rebounded yesterday after plunging on the preceding day.

The proposed budget for fiscal year 2024-25 offered no relief to startups and neglected their long-standing demands, in sharp contrast with the government’s vision for a Smart Bangladesh, where startups are key economic drivers.

The Bangladesh Bank has issued new directives on the repayments of industrial term and home construction loans in line with the new market-based method of calculating the interest of bank loans.

Bangladesh’s foreign debt decreased by $1.34 billion in the first three months of this year.

The government gave its commitment to the International Monetary Fund regarding around 50 issues to restore macroeconomic stability and good governance in the financial sector.