Economy

Economy

Economic stabilisation should be first priority

Speakers say at annual ICMAB conference

2h ago

CAPITAL MACHINERY IMPORT / No advance tax, VAT for green shipyards: NBR

Capital machinery import rises, as Hong Kong convention only allows green shipyards to import scrap ships

4h ago

Energypac posts Tk 35 crore Q1 loss despite revenue growth

Higher finance costs and interest rate hikes caused the loss  

8h ago

Central Counterparty denies allegations of operational inefficiencies

Central Counterparty Bangladesh Limited (CCBL) has rejected concerns of the Dhaka Stock Exchange (DSE) over the lack of governance and transparency as well as operational inefficiencies at the clearing and settlement company..Instead, the CCBL alleged that its activities are being delayed

21h ago

First Security Islami Bank sacks DMD

First Security Islami Bank (FSIB) has fired a newly appointed deputy managing director over his alleged involvement in irregularities at his previous place of employment, Social Islami Bank Limited (SIBL).

22h ago

Shipping adviser angered by slow auction process of Chattogram customs

Shipping Adviser Brig Gen (retd) M Sakhawat Hussain expressed strong dissatisfaction with the Chattogram Custom House for its slow progress in clearing auctionable goods and vehicles piled up in various yards and auction sheds at Chattogram port. He warned that action would be taken if the

22h ago

Islami Bank MD forced out of office

Mohammed Monirul Moula, the managing director of Islami Bank Bangladesh, has not gone to his workplace since December 19 when he was forced to leave by a group of officials.

22h ago

Tax return submission deadline extended to Jan 31

The National Board of Revenue (NBR) has for a second time extended by a month the deadline for individual taxpayers to file tax returns. 

22h ago

Paramount Textile’s Q1 profit declines 20%

Paramount Textile has seen a drop in profit in the first quarter because of high finance costs and the closure of an associated company.

1w ago

ADB approves $600m to accelerate economic recovery

The Asian Development Bank (ADB) has become the first among multilateral and bilateral lenders to respond to the interim government's call for budgetary support, approving $600 million aimed at easing pressure on foreign exchange reserves and accelerating economic recovery.

1w ago

Govt to buy 1.40cr litres of edible oil

The interim government will procure 1.40 crore litres of edible oil from S Alam Super Oil Ltd for sale among low-income people at subsidised rates through the Trading Corporation of Bangladesh (TCB)..The advisory council on public procurement endorsed the proposal at a meeting in Banglades

1w ago

Accounting and audit for economic development

Every economic entity, whether small, medium, or large, contributes to the national economy through investments, capital flows, exports, imports, employment generation, taxation, and technology transfer.

1w ago

Non-life insurers settled just 10% of Jan-Sep claims

Non-life insurance companies in Bangladesh have settled just 10 percent of claims in the first nine months of this year, as per data of the Insurance Development and Regulatory Authority (IDRA).

1w ago

Bottled soybean oil still scarce on grocery shelves

Many consumers said they are still not getting bottled soybean oil in kitchen markets in various parts of the country including Dhaka despite the government allowing refiners to hike prices of the essential cooking ingredient two days ago.

1w ago

Bangladesh unemployment grimmer than it looks

The past government had been relying on international definitions and standards that are over four decades old to measure labour data, painting a rosy picture of low unemployment and an improved labour market.

1w ago

Gold price raised again

Jewellers have again raised gold prices, saying it would be sold at Tk 140,271 per bhori (11.664 grammes) from today. .The previous price of each bhori of 22-carat gold ornaments stood at Tk 138,393..Bangladesh Jewellers’ Association’s (Bajus) standing committee on pricing and price

2w ago

Accounting and audit for economic development

Transparency and accountability mechanisms, pre-conditions for economic development, act as deterrents to corruption.

2w ago

Bangladesh among countries with significant population outflows

Bangladesh is among the countries experiencing significant population outflows, alongside India, Mexico, Russia, Syria, China, Pakistan and Ukraine, as people seek better opportunities and escape security concerns, according to the Mastercard Economics Institute (MEI) annual economic outlook for 2025.

2w ago