Pay hikes for govt employees risk fuelling inflation: BB governor
31 MIN(s) ago
Business
Digital Device and Innovation Expo 2026 kicks off tomorrow in Dhaka
42 MIN(s) ago
Business
US may announce cut in reciprocal tariffs on Bangladesh next week: Lutfey Siddiqi
53 MIN(s) ago
Business
Chinese firm to invest $16.34 million at Bepza Economic Zone
3 hour(s) ago
Business
Jute millers threaten nationwide shutdown from Feb 1 over raw jute shortage
3 hour(s) ago
Business
Pay hike decision for public employees rests with next govt: Adviser Fouzul
5 hour(s) ago
Business
Apex Footwear profit jumps 67% in Oct–Dec on higher sales
8 hour(s) ago
Business
Telenor shrinks Asian footprint, puts GP in spotlight
27 January 2026, 00:00 AM
Economy
Glittering gold draws both buyers and sellers
27 January 2026, 00:00 AM
Business
What banks must get right in 2026
27 January 2026, 00:00 AM
Economy
Crucial to regulate standard VAT rate: AmCham president
The overall taxation system needs to be automated by leveraging technology and data-driven approaches
6 June 2024, 14:00 PM
Govt expenditure reduced by Tk 47,367 crore in revised budget
The government has reduced its expenditure by Tk 47,367 crore in the revised budget for the outgoing fiscal year 2023-24, bringing it down to Tk 714,418 crore..In the budget for FY24, total government expenditure was estimated at Tk 761,785 crore..However, considering overall governm
6 June 2024, 10:29 AM
VAT on SIMs may go up by Tk 100
SD on SIM will be raised to 20% and VAT on eSIM will be increased to Tk 300 each
6 June 2024, 09:06 AM
Spending on education falls short of expectations
For example, when the Dakar Declaration came in 2000, the country said it would spend 6 percent of GDP on education. The United Nations Educational, Scientific and Cultural Organisation recommends earmarking four to six percent of the GDP for the sector.
6 June 2024, 00:42 AM
Exports slide 16% in May
However, overall shipments grew 2.01 percent to $51.54 billion in July-May, according to data from the Export Promotion Bureau (EPB).
6 June 2024, 00:42 AM
Banking reforms remain a pipe dream
As new finance minister Abul Hassan Mahmood Ali gears up to place his first budget for FY25, the lack of good governance in the banking sector remains a widely discussed issue.
6 June 2024, 00:42 AM
How far have fiscal measures promoted industrialisation?
Experts and businesspeople also highlighted the challenges linked with the current tax and incentive system.
6 June 2024, 00:42 AM
State banks' default loans rise 42% in a year
In line with the prescriptions of the International Monetary Fund (IMF) for a $4.7 billion loan programme, the target is to reduce bad loans of state-run banks to 10 percent of their outstanding loans by 2026.
6 June 2024, 00:42 AM
Gas supplies unlikely to normalise this month
Overall, Petrobangla can currently supply around 2,600 mmcfd against a demand of 3,800 mmcfd.
5 June 2024, 16:11 PM
Bangladesh’s poverty rate in 2016 may have been higher than official data
Bangladesh’s poverty rate in 2016 may have been 1.7 to 2.3 percentage points higher than the rate estimated by the Bangladesh Bureau of Statistics while the extreme poverty rate may have been 3.5 to 3.7 percentage points lower, according to a survey by the World Bank..The findings of the s
5 June 2024, 15:42 PM
AnonTex allowed to sell mortgaged property to pay Janata Bank’s loans
AnonTex currently owes Tk 4,960 crore to Janata Bank and the total debt of the garment maker’s 18 institutions to the bank stands at Tk 8,178 crore, according to bank documents.
5 June 2024, 00:40 AM
Cost of kidney dialysis, dengue testing equipment may decline
The NBR specifically suggested reducing the import duty on dialysis filters and dialysis circuits, essential materials used for kidney dialysis, to 1 percent from 10 percent.
5 June 2024, 00:40 AM
No end in sight: low-income families reel from stubborn inflation
The Consumer Price Index grew by an average of 9.73 percent in the first 11 months of the current financial year, which was 8.64 percent during the identical period a year prior, data from the Bangladesh Bureau of Statistics showed.
5 June 2024, 00:40 AM
Excise duty exemption likely on offshore banking deposits
The development comes after Bangladesh Bank relaxed the rules and allowed banks to receive funds from the OBUs amounting to up to 40 percent of their regulatory capital to settle payment obligations.
5 June 2024, 00:40 AM
Regulator, GP holding talks over Tk 6,000cr late fees
The telecom regulator and Grameenphone have initiated negotiations regarding late fees of around Tk 6,000 crore based on an audit claim, as both parties seek an out-of-court settlement on the matter.
4 June 2024, 00:13 AM
Falling healthcare budget forces people to spend more out of pocket
For instance, the outlay for the health sector was Tk 25,028 crore in 2021-22, representing 4.8 percent of the budget of Tk 518,188 crore. It was five percent in the previous fiscal year when the government spent Tk 21,647 crore under a Tk 460,160 crore budget.
4 June 2024, 00:13 AM
Banks asked to beef up security measures
The central bank said some banks are not taking enough security measures at their business centres despite its previous instructions to this end.
4 June 2024, 00:13 AM
Islamic banks face liquidity challenges: Fitch
Islamic banks’ liquidity coverage ratio (LCR) tumbled to 58.7 percent at the end of last year compared to 87.7 percent in 2022 and 188.5 percent in 2021.
4 June 2024, 00:13 AM
Govt to set conservative revenue target
The overall revenue generation target will be Tk 537,000 crore in the new fiscal year that begins on July 1, which is 7.4 percent higher than that of the goal of the outgoing financial year.
4 June 2024, 00:13 AM
'Steel industry now a risky place for fresh investments'
Chowdhury also said it is really difficult to predict when the demand for steel will rise once again as no one knows when the ongoing economic crisis will let up.
2 June 2024, 00:04 AM