'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!”
Bangladesh’s garment exports to the United States grew by 17.23 percent during the July-March period of fiscal year (FY) 2024–25, according to the latest data published by the Export Promotion Bureau (EPB).
The government’s revenue collection and spending targets for fiscal year (FY) 2025-26 have been set in line with the recommendations of a taskforce given the task of developing strategies to boost the economy, according to the finance ministry.
The long-awaited journey towards Bangladesh’s first deep-sea port at Matarbari in Cox’s Bazar is finally approaching a major milestone.
NBR still needs Tk 65,000cr per month to hit IMF target for FY25
Bangladesh shipped apparels worth $5.74 billion in the July-March period to the USA
The announcement comes under the purview of the "One Country, One Rate" policy introduced by the BTRC in June 2021.
China is getting expensive and shifting industries within the country
In the case of international transactions, Bangladeshi cardholders spent the most at department stores, accounting for 29 percent of total cross-border spending.
The contract will be signed on April 22 under the phase 1 of the Matarbari Port Development Project
