Rising rates are creating headwinds for at least 40 listed conglomerates
Experts and members of a labour reform commission formed by the government have suggested the introduction of a national minimum wage for workers and a uniform labour law applicable to employees both inside and outside the Export Processing Zones (EPZs).
Healthcare seekers face higher prices for medicine due to the hike in value-added tax (VAT) on trades by pharmacies and drug stores.
Imports of most essential commodities related to Ramadan increased in the first six months of the current fiscal year 2024-25, with the Bangladesh Trade and Tariff Commission (BTTC) stating that the prices of these items, whose demand rises during the fasting month, would remain stable.
The previous Awami League regime, which touted its efforts to make Bangladesh digital, mirrored the poor farmer in Aesop’s fable of the golden goose when dealing with the mobile voice and internet sectors. The interim government is now replicating this flawed approach following its predecessor’s footsteps.
No independent director will be considered a defaulter if the finance company with which they are associated defaults, the central bank said in a circular.
The Consumers Association of Bangladesh (CAB) yesterday urged the government to refrain from implementing the VAT and supplementary duty (SD) hike until the end of Ramadan, warning that the move would worsen the financial struggles of low- and middle-income families.
The composite textile manufacturing facility is expected to generate 1,505 jobs
Says, turned Bangladesh from crony capitalism to kleptocracy
White paper panel says turned Bangladesh from crony capitalism to kleptocracy
Janata Bank filed a case against the industrial conglomerate S Alam Group with the Chattogram Money Loan Court on Sunday over defaulted loans amounting to Tk 1,964 crore..Chattogram Money Loan Court Magistrate Mujahidur Rahman issued an embargo on the transfer of about 7.43 crore shares of
Seven mega projects taken up by the previous government cost Bangladesh Tk 80,569 crore more than initial estimates due to escalating cost and time overruns, according to the final draft of the white paper on the state of the economy.
The maximum amount of interest that banks can charge on credit cards has been hiked to 25 percent from 20 percent in tune with changes in the policy interest rate and increase in lenders’ cost for fund mobilisation.
Modern society is navigating through unprecedent, rapid technological advancements. While the fourth industrial revolution is spearheading the changes in the industry using newer technologies, artificial intelligence (AI) has emerged as a transformative force across industries.
A spike in the already-increasing debt servicing burden is imminent as the country’s debt to gross domestic product (GDP) ratio remains far from growth-reducing thresholds, according to the white paper on the state of the economy.
No less than $3 billion changed hands as kickbacks in awarding power plant projects during Sheikh Hasina’s autocratic rule, according to a white paper on the state of the economy.
