The government lost a substantial amount of revenue last year due to a surge in contraband cigarettes and local counterfeit production, said National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan yesterday..This came about in spite of the imposition of higher taxes, he said, adding,
Long seen as the “London of Bangladesh” for its foreign earnings and opulent villas, Sylhet has been dealt a sobering blow. The country’s first Multidimensional Poverty Index (MPI) has revealed that the division is, in fact, the poorest in Bangladesh when measured by access to education, healthc
There is no official mobile app or website for TakaPay, says the central bank
Central bank raises Sukuk quota for Islamic units to 80%
IDLC Finance PLC reported a significant rise in profitability in the second quarter of 2025, buoyed by higher investment income and lower provisioning expenses, the leading non-bank financial institution said in its financial statements.
The stock market regulator has identified 15 state-run and multinational companies, in which the government holds a stake, for potential listing on the stock exchange in a bid to restore investor confidence.
Industry people join Bangladesh-Malaysia Chamber-organised seminar to explore Bangladesh’s potential
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
New US tariffs challenge RMG sector, but global competitive edge holds
The trade barriers released by USTR for Bangladesh in March 2025 undoubtedly played a crucial role in shaping this decision
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 jury committee lauded his "visionary leadership and pioneering role in transforming the travel sector in Bangladesh"
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
