Economy

Economy

Tourist influx in Rangamati, Sajek peaks during Eid holidays

Nature lovers crowd hill destinations as resorts report full bookings

9h ago

Team Group MD, Biman pilot die in Canada canoe capsize

The victims are Abdullah Hil Rakib, managing director of Team Group and ex-BGMEA VP, and Captain Md Saifuzzaman, who flew Boeing 787 for Biman

23h ago

Gold prices rise ahead of Eid-ul-Azha

New rates effective from today

4d ago

No tax on donations to siblings

Alongside existing exemptions for spouses, parents, and children, the government has proposed tax exemptions on donations made to siblings as part of its latest fiscal measures.

5d ago

Ctg port gets 15 new straddle carriers for Tk 124cr

Chattogram Port has added to its fleet 15 new four-high straddle carriers, an essential type of container-handling equipment.

5d ago

Govt to buy 200 pickups for police

The government approved the purchase of 200 double-cabin pickups for the police and the import of 1.3 million tonnes of refined petroleum products to meet fuel demand in the second half of the year.

5d ago

Banks see cash withdrawal surge for Eid

Bank branches in Dhaka experienced a massive surge in cash withdrawals and other banking transactions yesterday, the last working day before a 10-day Eid-ul-Azha holiday. 

5d 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.

5d ago

US tariffs may hamper efforts to cool inflation

Shifts in US trade policy could hold back further progress in lowering inflation, a senior US central bank official said Tuesday, as President Donald Trump’s sweeping tariffs ripple through the economy.

5d ago

The ‘just energy transition’ we need in RMG

Bangladesh’s readymade garment (RMG) industry is the powerhouse of the national economy, accounting for nearly 85 percent of export earnings and employing millions, particularly women from vulnerable communities.

5d 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.

5d ago

Tax measures to further strain businesses

The government’s latest tax measures are likely to put further strain on businesses, as tax burdens have increased even though economic recovery remains sluggish, experts warned yesterday.

5d 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.

5d ago

Baggage rules for gold tightened

The government has introduced stricter regulations on the import of gold bars and ornaments under newly updated baggage rules while offering some leniency in other areas.

5d ago

Home appliances to cost more as VAT relief ends

Consumers are likely to pay more for a range of home appliances, from rice cookers and clothing irons to air conditioners (ACs), as the government phases out value-added tax (VAT) exemptions on locally manufactured electronics.

5d 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

5d 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

5d ago

DCCI criticises exclusive port rent exemption for RMG

Other sectors will lose competitiveness if only one sector gets the benefit, the chamber says

5d ago