'We are in the midst of all sorts of challenges,' says the finance adviser
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!”
Turnover, a key indicator of market activity, stood at Tk 126.95 crore during the session
CPD estimated that around 50 percent of this amount has been lost to corporate tax evasion.
IDLC Finance saw its profit grow in 2024 as the company looks to expand its capital base and portfolio.
The government yesterday gave the go-ahead to a support project for the construction of key marine infrastructures for the Chattogram port's mega expansion Bay Terminal project.
The fresh gas price hike has become a major challenge for local industries at a time when they are at risk of experiencing a fall in exports to the US due to the new Trump tariffs, a trade expert said today.
Although stubborn inflationary pressures have worsened the situation of poor people in recent years, public food distribution under various social protection schemes fell by more than 7 percent year-on-year in the first three quarters of the current fiscal year, driven by political instability and dysfunctional local governance.
The International Monetary Fund (IMF) has decided to prolong its discussions with Bangladesh, aiming to reach a staff-level agreement for the next tranche of its $4.7 billion support package.
Last week, a pack of rice crackers at Sun Vin Grocery store on Mulberry Street in New York City’s Chinatown cost $4.99.
The latest hike in gold prices in Bangladesh has pushed the precious metal’s value beyond levels anticipated from global market trends.
More than a year since bancassurance was introduced in Bangladesh, the benefits have proven uneven across the insurance industry.
