The performance of the ASYCUDA World system, used by the National Board of Revenue to process trade documentation, worsened over the weekend, prompting fears of a major disruption in goods clearance..Customs houses across Bangladesh, including Chattogram, Dhaka, Benapole, Mongla, Pangaon,

In a year, imports declined by 631,330 tonnes and exports by 75,232 tonnes

All customs houses across the country will remain open for import and export activities this weekend – today and tomorrow.

.Indo-Bangla Pharmaceuticals, a listed drug maker, is likely to start exporting its products to Afghanistan from this year...In a disclosure at the Dhaka Stock Exchange (DSE) yesterday, the company said its board of directors has approved the signing of a Memorandum of Understa

Unloading of imported goods from mother vessels at the Chittagong Port has been facing disruptions for three days as smaller vessels have failed to go near the outer anchorage to unload the containers amid incessant rain and a turbulent sea..Especially since Monday, the rough weather, whic

Bangladesh’s average wage growth remained negative for the 41st consecutive month in June, even as the inflation rate eased to its lowest level in nearly three years, according to the latest data from the Bangladesh Bureau of Statistics (BBS)..Year-on-year, wage growth stood at 8.18 percen

In a first for the country, ACI Seed has developed a new variety of aromatic rice suitable for cultivation in the Boro season..The seed-focused business unit of ACI PLC has also developed a short-duration, high-yielding Boro rice variety...ACI received approval for the inbred v

The proportion of female agents in Bangladesh’s agent banking sector stood at just 9.15 percent as of March this year—well below the Bangladesh Bank's (BB) mandate that women should comprise 50 percent of total agents...The data were revealed in the central bank’s latest Agent Bankin

Customs House, Chattogram, the country’s highest revenue-generating customs station for more than three decades, collected Tk 75,432 crore in the just-ended fiscal year (FY) 2024-25, according to provisional estimates..This marks a 9.71 percent increase from the previous year’s collection.

The Bangladesh Sustainable and Renewable Energy Association yesterday urged the interim government to reconsider its cancellation of 31 letters of intent that the past regime had signed with potential investors in solar power projects without adopting any tender process...A letter of

Deposit and investment growth in the country’s Islamic banks fell to a four-year low in the first quarter of 2025, apparently driven by rising public concerns over the financial stability and governance practices of the commercial lenders.

Textile millers have demanded the withdrawal of the 2 percent advance income tax (AIT) on cotton imports within a week, warning of possible factory closures otherwise..Speaking at a press conference organised by the Bangladesh Textile Mills Association (BTMA) at the Gulshan Club in Dhaka y

But 25% of the interest income must go to the Investors’ Protection Fund, says a July 3 gazette

The national semiconductor taskforce has charted a roadmap to unlock the country’s potential in semiconductors, focusing on three priority areas — skills development, business environment and policy support, and global linkages...As per the roadmap, the plan includes training program

Local cosmetics makers have warned that the industry faces an uncertain future unless stricter controls are introduced to stop smuggling and misdeclared imports.

The finance ministry yesterday sent four top officials of the National Board of Revenue (NBR) into retirement on ‘public interest’.

Bank branches, booths, hotels, and gift shops are now formally allowed to apply to the central bank for a limited money changer licence by paying a Tk 50,000 fee..In detailed guidelines on the matter issued yesterday, the central bank stated that it has permitted certain entities to operat

Local banks can now lend up to 60% of project cost to foreign firms

The Anti-Corruption Commission (ACC) has initiated another formal inquiry into allegations of corruption and irregularities, including illegal amassing of wealth, abuse of authority, and favouritism, against five more senior officials of the National Board of Revenue (NBR).

Eleven more banks that were hit by irregularities and scams during the Awami League government’s tenure are set to undergo an asset quality review (AQR) by global audit firms.