Investments

Investments

Scope for whitening black money goes

The interim government has finally scrapped the controversial provision allowing the legalisation of undisclosed income through the purchase of apartments and land in the upcoming fiscal year.

14h ago

BPO industry slowly embracing AI

The business process outsourcing (BPO) industry in Bangladesh, once known solely for voice-based customer service and back-office support, is cautiously but steadily embracing artificial intelligence (AI) to stay relevant in an evolving global market...This shift was evident at the r

16h ago

Salehuddin defends budget, says 'a highway is born out of an old road’

Finance Adviser Salehuddin Ahmed has defended the interim government’s conservative budget strategy, pushing back against economists’ criticism that it follows an “old road”..“A highway is born out of the old road. Every new highway begins as a rural path,” Ahmed said yesterday, after the

17h ago

NBR officials again announce pen-down strike

This time, they will observe the strike for three hours beginning at 9 am on June 23

1d ago

Law drafted to offer securities rules, ordinance in one act: BSEC

The draft has already been sent to the task force committee

3d ago

Include CMAs in national audit framework: ICMAB president

He says at a press briefing at the ERF

5d ago

Govt to nearly double food storage capacity

The interim government has planned to nearly double its public food storage capacity to 37 lakh tonnes in the next fiscal year.

6d ago

International Leasing depositors seek BB intervention

The depositors of the International Leasing and Financial Services Limited (ILFSL) have urged the Bangladesh Bank to intervene so they can recover their money.

1w ago

Tax hike to weigh on compliant businesses: FICCI

The Foreign Investors' Chamber of Commerce and Industry (FICCI) yesterday termed reform measures in the proposed national budget "positive" but warned that implementation of certain tax measures may lead to unintended burdens on industries and individuals.

2w ago

Power division gets 30% lower budget allocation

The allocation for the power division in the national budget for fiscal year 2025-26 is around 30 percent less than that of the previous fiscal year, while it has been nearly doubled for the energy and mineral resources division. .The government has decided to cut electricity production c

2w ago

Agri budget not enough to ensure food security: experts

The government has proposed a 3.55 percent rise in the budget allocation for agriculture, food, livestock and fisheries in the next fiscal year, setting aside Tk 39,620 crore..But agro-economists say the increase is far from sufficient to ensure the country’s long-term food security..<p

2w ago

Chambers warn budget may hurt business, investment

Just a day after the interim government proposed the national budget and tax measures for fiscal year 2025-26, leading business chambers expressed significant concern that several measures could potentially impede business growth and affect investment.

2w ago

Corruption pervasive across the country

Corruption remains a pervasive challenge across the country, undermining the effective implementation of the national budget, Anisuzzaman Chowdhury, special assistant to the chief adviser, said at a post-budget discussion yesterday.

2w ago

Budget targets chocolate, lipstick

If you're planning to import cheap lipstick into Bangladesh anytime soon, think again. The country's interim government, in its latest budget, has quietly declared war on undervalued imports with a series of oddly specific tweaks to customs rules. Among the victims: chocolate bars, lipsticks, eye shadow, and -- wait for it -- inflatable toys.

2w ago

Trade deficit narrows 2.6% in July-April

The country’s trade deficit narrowed by 2.60 percent in the first ten months of the current fiscal year compared to the same period a year ago, thanks to a rise in export earnings coupled with subdued imports..During the July-April period of fiscal year (FY) 2024-25, the trade gap was $18.

2w ago

Reducing penalty on false declarations will encourage smuggling: experts

In the Finance Ordinance 2025–26, presented on Monday, the government proposed amending the Customs Act 2023 and revising the penalty structure for tax evasion related to intentional false declarations during import clearance, reducing the minimum fine from twice the evaded amount to an equivale

2w ago

Truely secures $2m to accelerate global expansion

The fresh funding will help the company accelerate its expansion in the eSIM market

2w ago

Commerce ministry forms FBCCI election boards

Md Abdur Razzak, additional secretary (IIT) at the commerce ministry, is the chairman of the election board

2w ago