Govt inks Tk 6,700cr loan deals with Jica

The interim government has signed two loan agreements with Japan International Cooperation Agency (Jica) for Japanese Official Development Assistance (ODA) loans worth 85,819 million yen (approximately Tk 6,700 crore) for two projects.
25 March 2025, 18:15 PM

Tension over election of Shipping Agents Association

Tension surrounds the upcoming biennial election of the Bangladesh Shipping Agents Association (BSAA), scheduled to be held next month, as a group of outsider pro-BNP business leaders are allegedly pressuring for the selection of an unelected committee comprising their chosen members.
25 March 2025, 18:01 PM

Govt imposes travel ban on 12 garment factory owners over unpaid wages  

The ban will be lifted if they clear the payments by March 27; otherwise, it will remain in effect
25 March 2025, 11:59 AM

Govt may ban yarn imports through land ports

The government may stop yarn imports through land ports in consideration of the greater interests of the local textile and spinning sector, Commerce Secretary Mahbubur Rahman said yesterday.
24 March 2025, 18:00 PM

Poverty rises sharply in multiple districts

Bangladesh is witnessing a concerning rise in poverty, leading to worsening food insecurity, according to a recent study by the Bangladesh Institute of Development Studies (BIDS).
24 March 2025, 18:00 PM

Laid off apparel workers block BGMEA office over unpaid wages

The factory, which employed around 1,200 workers, is owned by former Awami League lawmaker Sifuzzaman Shikhor
24 March 2025, 14:09 PM

Two-thirds of e-return filers don’t have taxable income: NBR chairman

Nearly 10 lakh out of 15 lakh e-return filers have submitted zero returns, he says at ERF event
24 March 2025, 07:15 AM

Padma Islami Life to sell land to settle claims

The possible price of the 20-decimal Cumilla land will be Tk 1.9 crore
24 March 2025, 06:32 AM

Submarine Cables cuts bandwidth prices by 10%

Bangladesh Submarine Cables has decided to reduce bandwidth prices by 10 percent, which is likely to reduce internet bills at users' end.
23 March 2025, 18:00 PM

Three Summit power plants to shut from April 1 

The plants—Rupganj, Maona, and Ullapara—have a combined capacity of 77MW
23 March 2025, 13:44 PM

Bangladesh Investment Summit 2025 to begin April 7 

The event has attracted strong interest, with over 550 investors from 50 countries registering to participate alongside more than 2,500 Bangladeshi investors. 
23 March 2025, 11:37 AM

Int'l Financial Reporting Standards to widen access to finance for SMEs

The adoption of International Financial Reporting Standards (IFRS) for small and medium enterprises (SMEs) provides a structured framework that enhances financial transparency, said Taskeen Ahmed, president of the Dhaka Chamber of Commerce and Industry (DCCI)..He also said that IFRS would
22 March 2025, 16:30 PM

Trade bodies call for easier tax structures

Trade associations in Bangladesh are demanding a simpler and investment-friendly tax structure that would ensure sustainable economic growth and broaden tax collection in the country..Leaders of the Bangladesh Chamber of Industries (BCI), Bangladesh Knitwear Manufacturers and Exporters Ass
21 March 2025, 15:28 PM

Eid windfall: Remittance soars 78% in 19 days

Remittance inflows surged by around 78 percent year-on-year in the first 19 days of March as migrant workers sent more money home to relatives ahead of Eid-ul-Fitr, the largest religious occasion in the country.
20 March 2025, 18:37 PM

Paramount Ins announces 10% cash dividend

Paramount Insurance PLC has announced a 10 percent cash dividend for its shareholders for 2024, driven by higher profits. The company declared the same dividend amount in the previous year as well.
20 March 2025, 18:12 PM

Credit card’s domestic transactions fell in January

Credit card transactions in Bangladesh have shown distinct trends in both domestic and international spending..A recent Bangladesh Bank report highlights shifts in consumer behaviour, sectoral spending patterns, and transaction growth over the past year..In January 2025, domestic cre
20 March 2025, 16:05 PM

Lentil acreage falls as farmers shift to more profitable crops

Both the acreage and production of lentils have been declining over the years, according to official data, as farmers cite a combination of factors, including lower profitability, frequent crop diseases and unfavourable weather..Over the past five years, lentil cultivation has fallen by 75
20 March 2025, 15:10 PM

Should the BSEC hire government officials, or not?

Mixed reactions came from different quarters
20 March 2025, 07:26 AM

Customs open except for Eid day

All customs houses and stations will remain open every day, except on the day of Eid-ul-Fitr, to facilitate import and export activities, said the National Board of Revenue (NBR) yesterday.
19 March 2025, 20:00 PM

Islamic banks see deposit shift

Islamic wings of conventional banks have become the preferred choice for religiously inclined depositors as many full-fledged Shariah-based banks struggle with a crisis of trust..This shift has emerged after controversies and financial scandals involving Shariah-based banks, many of which
19 March 2025, 15:21 PM