Bangladesh will have to collect an additional Tk 234,000 crore in the three years from the current fiscal year in order to meet the International Monetary Fund’s conditions tagged with its $4.7 billion loan approved last month.

The International Chamber of Commerce (ICC) Bangladesh organised a daylong workshop on “Combating Financial Crimes: Means, Ways & Redress” at a local hotel in Dhaka recently. 

Businesspeople involved with the spice market in Bangladesh have urged the government to reduce the import duty on spices in order to keep the market stable in the upcoming month of Ramadan.

Oimex Electrode Limited incurred a loss of Tk 11.07 crore in the last financial year of 2021-22.

Belgian Queen Mathilde today praised the transition of Bangladesh’s garment industry towards sustainable and responsible manufacturing and the progress the south Asian country has achieved to ensure workers’ rights and welfare.

Bangladesh’s stocks fell for the second consecutive day today.

Bangladesh’s stocks fell in the first half today amid a decline in the prices of most of the shares.

Earnings from jute exports from Bangladesh slumped for the second consecutive year in July-January, raising concerns for the promising industry, one of the few sectors for which raw materials are locally available.     

Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing’s zero-Covid protocols, with a survey by a leading recruiter showing a surge in job openings in the hospitality industry.

The BSCIC Entrepreneurial Fair and Buyer-Vendor Conference, jointly organised by the Bangladesh Small and Cottage Industries Cooperation (BSCIC) and Patuakhali district administration, kicked off at the DC Office field in Patuakhali sadar upazila yesterday.

Stocks in Bangladesh ended a three-day rise yesterday while a third of the turnover of the Dhaka bourse was of that of five companies. 

MetLife Bangladesh’s policyholders received Tk 2,548 crore from their insurance policies in 2022. 

Bangladesh will start exporting potatoes to Russia again this year as the latter has lifted a ban imposed on the entry of tubers from this south Asian nation last year, said Agriculture Minister Muhammad Abdur Razzaque yesterday. 

Bangladesh’s VAT-GDP ratio is not improving to a satisfactory level as the country’s major sectors involved with goods and services are largely enjoying VAT exemptions, according to the National Board of Revenue (NBR). 

Bangladesh Bank will introduce another tool to provide liquidity support to cash-strapped Shariah-based banks in order to safeguard their ailing financial health.

Bangladesh logged higher growth in gross domestic product (GDP) in 2021-22 fiscal year compared to the previous year, but it was 15 basis points below the provisional estimate.

Prime Minister Sheikh Hasina yesterday asked the National Board of Revenue (NBR) to launch campaigns at the grassroots level and motivate people to pay tax as the country’s socioeconomic condition has improved radically in the last 14 years.

The central bank has instructed banks to provide exporters’ retention quota (ERQ) account services to service exporters to help them carry out international transactions.

Infrastructure Development Company Limited (Idcol) signed two agreements with German development bank Kreditanstalt für Wiederaufbau (KfW) yesterday to avail a loan of €140.5 million. 

The Bangladesh Rubber Garden Owners Association yesterday presented an 11-point demand, which includes recognising rubber as an agricultural product, in a bid to help expand the local industry by removing existing hurdles.