Economy

Economy

Digital dreams disconnected realities

In Ferighat, a remote corner of north-eastern district Sunamganj, stationery shop owner Md Sumon Mia fights a battle that millions of rural Bangladeshis face daily – the struggle for a reliable internet connection.

2h ago

Bida to host China-Bangladesh conference on investment

The Bangladesh Investment Development Authority (Bida) is set to host the China-Bangladesh Conference on Investment and Trade on June 1 as part of efforts to attract foreign investment.

21h ago

Bank Asia to acquire Bank Alfalah’s local operations

Bank Asia signed a memorandum of understanding (MoU) with Bank Alfalah to acquire the latter's operations in Bangladesh, subject to regulatory approval and the completion of legal formalities.

22h ago

Budget to be placed on June 2

The interim government is going to place the proposed budget for fiscal year 2025–26 on June 2.

1d ago

Three new bank notes ahead of Eid-ul-Azha

Bangladesh Bank will release redesigned Tk 20, Tk 50, and Tk 1,000 banknotes into circulation from June 1, ahead of Eid-ul-Azha.

1d ago

Cancer drugs, insulin to get cheaper as NBR plans tax cuts

The government is going to expand import duty exemptions on pharmaceutical raw materials and medical equipment, with 79 new items expected to be added to the duty-free list in the upcoming national budget.

1d ago

Foreign debt repayment surges 25%

Bangladesh’s repayment of foreign loans surged in the first 10 months while the inflow of loans from bilateral and multilateral lenders continued to fall, according to provisional data from the Economic Relations Division (ERD) released yesterday.

1d ago

69% overwhelmed by ‘excessive’ VAT on essentials

About 69 percent of low-income people view the value-added tax (VAT) on essential items as excessive, according to a survey, with most seeing it as a significant financial burden.

1d ago

Digital dreams disconnected realities

In Ferighat, a remote corner of north-eastern district Sunamganj, stationery shop owner Md Sumon Mia fights a battle that millions of rural Bangladeshis face daily – the struggle for a reliable internet connection.

2h ago

Bida to host China-Bangladesh conference on investment

The Bangladesh Investment Development Authority (Bida) is set to host the China-Bangladesh Conference on Investment and Trade on June 1 as part of efforts to attract foreign investment.

21h ago

Bank Asia to acquire Bank Alfalah’s local operations

Bank Asia signed a memorandum of understanding (MoU) with Bank Alfalah to acquire the latter's operations in Bangladesh, subject to regulatory approval and the completion of legal formalities.

22h ago

Budget to be placed on June 2

The interim government is going to place the proposed budget for fiscal year 2025–26 on June 2.

1d ago

Three new bank notes ahead of Eid-ul-Azha

Bangladesh Bank will release redesigned Tk 20, Tk 50, and Tk 1,000 banknotes into circulation from June 1, ahead of Eid-ul-Azha.

1d ago

69% overwhelmed by ‘excessive’ VAT on essentials

About 69 percent of low-income people view the value-added tax (VAT) on essential items as excessive, according to a survey, with most seeing it as a significant financial burden.

1d ago

Foreign debt repayment surges 25%

Bangladesh’s repayment of foreign loans surged in the first 10 months while the inflow of loans from bilateral and multilateral lenders continued to fall, according to provisional data from the Economic Relations Division (ERD) released yesterday.

1d ago

Cancer drugs, insulin to get cheaper as NBR plans tax cuts

The government is going to expand import duty exemptions on pharmaceutical raw materials and medical equipment, with 79 new items expected to be added to the duty-free list in the upcoming national budget.

1d ago

ICX operators demand data-driven review of new licensing policy

Industry stakeholders have expressed strong reservations over a telecom licensing policy proposed in April that seeks to phase out interconnection exchange (ICX) operators.

1d ago

US court blocks most Trump tariffs

A US trade court blocked most of President Donald Trump’s tariffs in a sweeping ruling on Wednesday that found the president overstepped his authority by imposing across-the-board duties on imports from US trading partners.

1d ago