Industry people join Bangladesh-Malaysia Chamber-organised seminar to explore Bangladesh’s potential
The move aims at better aligning the taka with market fundamentals, the brokerage house says
Steel rod prices have fallen below Tk 90,000 per tonne for the first time in more than three years, as construction demand continues to fall amid reduced government spending and economic uncertainty.
Previously, on April 28 this year, BSCPLC had crossed the 3 Tbps mark
Bangladesh Bank (BB) has lowered the target for private sector credit growth in its latest monetary policy, citing a lack of appetite arising from political uncertainties.
The central bank should adopt a more supportive stance, the chamber says
Bata Shoe, one of Bangladesh’s leading footwear manufacturers, reported a loss of approximately Tk 10 crore for the April-June quarter of the current year, as sales declined sharply following the widespread disruption and damage to several of its retail outlets, the company has said..The l
The depositors of the International Leasing and Financial Services Limited (ILFSL) have urged the Bangladesh Bank to intervene so they can recover their money.
Disbursement of agricultural credit by scheduled banks surged significantly month-on-month in April, although it was slightly lower than that in the corresponding period of last year..According to a report by the Bangladesh Bank, banks disbursed a total of Tk 3,239 crore in agricultural lo
If a company gets listed, it will enjoy tax benefits, and this is one of the major incentives for them to go public..However, the government’s frequent policy changes have disheartened listed firms many times, as they faced higher tax rates once they got listed..It gave a clear, nega
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.
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
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
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.
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.
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.
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.
