Economy

Economy

Salehuddin urges all to work together to overcome challenges of economy

'We are in the midst of all sorts of challenges,' says the finance adviser

9h ago

Govt to amend NBR ordinance

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.

1d ago

Govt plans 31% hike in food subsidy in FY26 budget

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.

1d ago

Govt to allow rawhide exports despite tanners’ objections

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.

1d ago

External debt doubles in seven years

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.

1d ago

Toy industry: From import reliance to export growth

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.

1d ago

BPO summit to begin on June 21

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.

1d ago

Mastering what doesn’t exist

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!” 

1d ago

Shop rent Tk 3 lakh, but govt gets just Tk 22,000

A probe has found massive irregularities in the rental of shops at nine markets of the National Sports Council (NSC), including a case where the government receives as little as Tk 22,000 in monthly rent while as much as Tk 3 lakh is being collected from the tenant. 

1m ago

It’s time to go for more flexible exchange rate: IMF

The time is right for Bangladesh to move towards a more flexible exchange rate regime, said Chris Papageorgiou, mission chief of the International Monetary Fund (IMF) to Bangladesh.

1m ago

Ctg customs saw 12% revenue growth in July-March

Revenue collection by Chattogram Customs House rose 12 percent over the past nine months thanks to the easing of import restrictions, with shipments of Ramadan essentials surging ahead of the month of fasting for Muslims..The country’s top revenue earner collected Tk 55,346 crore in the Ju

1m ago

Stocks extend losing streak

Turnover, a key measure of market activity, dropped 14 percent to Tk 339.29 crore.  

1m ago

IMF to continue talks with Bangladesh for near-term agreement

The global lender said such an agreement would pave the way for completing the combined third and fourth reviews

1m ago

Free trade agreement with the US can be Bangladesh’s long-term solution: economist  

The economist said Bangladesh will need to undertake major reforms as it graduate from the LDC group

1m ago

US collects over $1 billion a year in tariffs on Bangladeshi goods: CPD  

The CPD said Bangladesh imposes customs and other duties averaging 6.2 percent on US imports

1m ago

Stocks rebound after three-day slump 

Turnover, a key indicator of market activity, stood at Tk 76.35 crore during the period.

1m ago

Bida expresses concern over gas price hike

The newly fixed gas tariff discriminates against new investors, as it compels them to pay 33 percent more in bills than existing ones, said Chowdhury Ashik Mahmud Bin Harun, executive chairman of the Bangladesh Investment Development Authority (Bida).

1m ago

Dream71 to build renewable energy web platform for Lesotho

.Dream71 Bangladesh Limited has been entrusted with building a digital platform to promote renewable energy in the African nation of Lesotho..The leading Bangladeshi information technology company will develop a modern, web-based system to streamline e-tendering, data management, rea

1m ago