The National Board of Revenue (NBR) should not both formulate policies and collect revenue, rather a separate, independent and specialised policy wing should be formed, recommended an advisory committee recently. .This should be the first priority when bringing about reforms, said the co
Companies linked to the controversial S Alam Group took out 56 percent of the total disbursed loans of First Security Islami Bank (FSIB), one of six Shariah-based lenders controlled by the Chattogram-based business giant.
Like last year, there is a good demand for electricity-run residential water heaters, locally known as geysers, since the coming of winter this year thanks to changing lifestyles in semi-urban and urban areas and affordable prices, according to industry insiders.
Income inequality in Bangladesh has seen a steep rise over the past 12 years till 2022, according to official data, as economists blame a singular focus on growth rather than sorting out income disparities.
Bangladesh needs both economic and political reforms to address three major challenges, namely macroeconomic instability, rising inequality and poor governance, which are restricting the country’s development potential, according to experts
EXIM Bank has decided to abandon the proposed merger with Padma Bank.
Energypac Power Generation PLC plunged into losses in the first quarter of the current fiscal year (FY) as higher finance charges denied any benefit from a recent surge in revenue.
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.
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).
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.
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.
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
Transparency and accountability mechanisms, pre-conditions for economic development, act as deterrents to corruption.
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.
According to the industrial police, workers did not get engaged in any chaos or disorder.
Turnover at the Dhaka Stock Exchange (DSE) rose 37.46 percent to Tk 383 crore yesterday after hitting a four-month low the day prior..This week’s trading started on December 8, when there was a 12.47 percent fall in turnover..Yesterday, the textile sector dominated market activities,