Defying all common wisdom, the world had never had an apex body for international tax cooperation.

s soon as the coronavirus pandemic hit Bangladesh in early 2020, thousands of people, mostly in the informal sector, lost their jobs. 

As the US dollar shortage persists, businesses in Bangladesh are increasingly finding it difficult to open letters of credit (LCs) since banks can’t supply the adequate American greenback needed to finance imports.

Remittance flow to Bangladesh rose to a five-month high in January as banks have made an all-out effort to mobilise US dollars from abroad to overcome the stress in the foreign exchange market. 

Concord Group is going to set up its fifth green block manufacturing plant installing a German machine in Munshiganj’s Gajaria upazila. 

Unilever Bangladesh yesterday appointed its first female finance director. 

South Korea’s economy inched toward its first recession in three years as data on Wednesday

Emirates has operated a demonstration flight on the use of a 100 per cent sustainable aviation fuel (SAF) to power one of the engines of a Boeing 777-300ER.  

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday asked

E-commerce entrepreneurs yesterday came down heavily against the formulation of a new law to regulate the sector, saying that it would hinder the development of digital commerce in Bangladesh.

The International Monetary Fund’s (IMF) $4.7 billion credit facility will come as a relief for Bangladesh as the country faces a shortage of foreign exchanges, said the Dhaka Chamber of Commerce and Industry (DCCI) yesterday.   

Summit Alliance Port Limited (SAPL) posted nearly 91 per cent spike in profit to Tk 9.95 crore in the second quarter of the current financial year of 2022-23.

Pharmaceutical company Renata Ltd witnessed a 35 per cent year-on-year drop in net profit in the October-December period due to increased price of raw material generated by the dollar crisis.

Bangladesh Bank yesterday widened the scope for contactless payments in order to further boost touch-and-go transactions and push the country towards a cashless economy.

Bangladesh Bank yesterday raised the interest rate on loans availed from its export development fund (EDF) by 50 percentage points to make borrowing costlier in an effort to save foreign currencies. 

Shares in Indian tycoon Gautam Adani’s conglomerate plunged again on Wednesday as a rout in his companies deepened to $86 billion in the wake of a US short-seller report, with the billionaire also losing his title as Asia’s richest person.

Bangladesh Bank yesterday asked non-bank financial institutions (NBFIs) to take initiatives such that they can mobilise funds issuing bonds instead of relying much on the interbank call money market. 

Bangladesh ships apparel items to the Middle Eastern countries and the good thing is local garments are steadily gaining popularity in the Middle eastern countries.

Stocks of Bangladesh returned to the black today after a break of three days though most of the shares either dropped or remained unchanged.

The International Monetary Fund’s (IMF) $4.7 billion credit facility will come as a relief for Bangladesh as the country faces a shortage of foreign exchanges, said the Dhaka Chamber of Commerce and Industry (DCCI) today.