In the face of turmoil amid continued protest by employees, the government yesterday backtracked from its position and stated it would bring “required amendments” to the new ordinance that split the National Board of Revenue.
The government plans to raise the food subsidy allocation by 31 percent to Tk 9,500 crore in the upcoming fiscal year, aiming to ensure access to affordable food for poor and low-income households.
Although tanners have voiced opposition, the government will allow rawhide exports during the Eid-ul-Azha season with the aim of fostering demand and ensuring better prices for traders at the field level, Commerce Secretary Mahbubur Rahman said yesterday.
Bangladesh’s external debt soared to $103 billion by the end of December 2024, doubling from $51 billion in fiscal year (FY) 2016–17, as the sharp increase in borrowing coincided with a rapid expansion of the economy.
In the heart of Dhaka, amid vibrant toy displays and the hum of industry conversations at InterContinental Dhaka, sector people were talking about a quiet revolution — one that could redefine Bangladesh’s export landscape and lessen its long-standing reliance on imported toys.
A two-day BPO Summit Bangladesh 2025 is set to begin for the sixth time on June 21 at Senaprangan in the capital, bringing together firms in the business process outsourcing (BPO) sector.
There is a special breed of professionals in every Bangladeshi office, those who seem to know everything from quantum physics to kebab recipes. They speak with such confidence that even Google starts to doubt itself. But here is the twist: a new study by Stav Atir, Emily Rosenzweig, and David Dunning reveals that the more of an expert you are, the more likely you are to claim knowledge of things that don’t actually exist. Welcome to the glamorous world of overclaiming with “I know it all syndrome” or as we like to call it in Dhaka boardrooms, “Bhai, I already have the idea!”
Gold prices rose to a two-week peak on Thursday as investors leaned toward the safe-haven asset, driven by concerns over the US government’s growing debt and soft demand for 20-year Treasury bonds, a sign of low appetite for US assets.
Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly adapt to new US tariffs.
In the glittering world of startups -- where valuations, funding rounds, and user growth often dominate headlines -- what remains understated yet absolutely vital is the understanding of unit economics. For any founder serious about building a sustainable and scalable business, grasping this financial foundation is not optional; it’s essential.
The Bangladesh Bank (BB) has approved the payment of admission and examination-related fees in foreign currencies for studies in foreign academic institutions, the examinations for which are held in local centres.
Onion prices have been increasing over the past weeks, as farmers and traders release fewer stocks to local markets in the hope of better returns amid the government’s suspension of imports.
After a long wait, the Chittagong Port Authority (CPA) finally signed a deal yesterday with a Japanese joint venture to construct a terminal for a deep-sea port at Cox’s Bazar’s Matarbari, some 350 kilometres southeast of capital Dhaka.
Local textile millers yesterday sought duty-free export facilities to the USA for garment items produced in Bangladesh using American cotton.
Stocks fell for the seventh straight trading day at Dhaka Stock Exchange (DSE) yesterday as cautious investor sentiment continues to drive the market downwards amidst a confidence crisis.
In a major stride for the local automotive industry, Rancon Auto Industries Limited has established a facility to paint cars ahead of assembly.
Customs House Dhaka said it has found more than a dozen issues related to infrastructure, security, and operational readiness of the new terminal
The IMF projected Bangladesh’s GDP growth at 3.76% for FY25
