The present tax system does not favour industrial development as losses of firms are not accepted in many cases, the Bangladesh Chamber of Industries (BCI) said yesterday.

India has suggested that Bangladesh review the proposed import quota on seven food items as the neighbouring nation believes the quantity sought as a guaranteed supply is too high.

Social Islami Bank gets nod to raise funds of Tk 600 crore by issuing non-convertible, unsecured, mudaraba subordinated floating rate bond.

More than three years after the release of a preliminary report on the Agriculture Census-2019, the Bangladesh Bureau of Statistics (BBS) yesterday unveiled the final results without providing an actual estimate on the number of farmers in the country.

India has suggested that Bangladesh review the proposed import quota on several food items as the neighbouring nation believes the quantity sought as a guaranteed supply is too high.

The Bangladesh Securities and Exchange Commission (BSEC) has approved an open-ended mutual fund named Grameen Bank AIMS First Unit Fund.

Bangladesh Bank has printed a commemorative note of Tk 50, marking the launch of the country’s first metro rail tomorrow, the central bank said today.

Bangladesh Securities and Exchange Commission (BSEC) has approved Islami Bank’s fourth subordinated bond worth Tk 800 crore.

Social Islami Bank gets nod to raise funds of Tk 600 crore by issuing non-convertible, unsecured, mudaraba subordinated floating rate bond.

Pubali Bank has got go-ahead to raise Tk 700 crore through its third subordinated bond.

Orion Infusion has decided to give 20 per cent cash dividend to its investors for 2021-22.

Stocks continued to drop for the second consecutive day although the turnover experienced a rise today.

Stocks in the Dhaka bourse continued the falling trend since today's morning.

Three more Bangladeshi garment factories have been awarded the Leadership in Energy and Environmental Design (LEED) certification for extraordinary initiatives taken for green production.

In 2022, Bangladesh’s consumers had to buy edible oil by paying historic high prices because of record prices in the international market and the country’s high dependence on imports to meet its demand.

The lack of quality onion seeds in Faridpur is forcing many local farmers to resow their fields, increasing both the time and cost of cultivation in the process.

Plastic toy makers and retailers in Bangladesh are feeling the pinch of a nearly 40 per cent drop in sales amid higher raw material prices fuelled by raging inflation stemming from the Russia-Ukraine war.

The beginning of 2022 saw Bangladesh’s economy poised to make a strong recovery from Covid-19 with demand across the world rebounding, supply chain backlogs easing and improving domestic consumption.

Bangladesh’s steady embrace of digitalisation, spearheaded by a growing number of tech startups and rising software and IT service exports, has suffered a heavy blow from the imposition of new taxes this year. 

Local apparel suppliers are expecting moderate recovery in exports in the upcoming year as sales in the Western world are gradually gaining pace with a new normal arising from the Russia-Ukraine war and falling prices of petroleum products.