Economy

Economy

Culture of impunity the main scourge of stock market

The primary crisis plaguing the stock market is a culture of impunity, which has severely affected numerous investors. As such, public confidence cannot be restored without enforcing punitive measures against manipulators and ensuring good governance, said Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD).

19m ago

Rethinking cybersecurity for resilient financial systems

Globally, the financial sector has become a prime target for cybercrime, with attacks growing in scale, sophistication, and impact. In 2025, several high-profile breaches exposed vulnerabilities even within well-established institutions.

19m ago

Smart farming: Drones and AI to drive yield gains

In order to feed a growing population with ever-diminishing farmland, the country’s agriculture has undergone a notable transformation since independence, buoyed by high-yielding varieties, chemical fertilisers, and pesticides.

19m ago

Fareast islami life sells vehicles, cuts jobs to reduce costs

Fareast Islami Life Insurance Company Limited is selling its vehicles and slashing its workforce in a desperate effort to cut costs and counter a deepening financial crisis.

20m ago

London property freeze encouraging

The freezing of nearly £90 million worth of luxury property in London, linked to two associates of the country’s deposed prime minister, has offered a sense of accomplishment to Bangladeshi authorities.

21m ago

Top earners face 30% tax again as inequality rises

After five years, the income tax rate for the highest bracket is likely to revert to 30 percent in the upcoming fiscal year as part of the government’s efforts to address growing inequality — an issue that is among the country’s major economic concerns.

21m ago

Procurement law revised to cut graft, boost transparency

Scrapping the price range cap for bids, making e-GP mandatory for all public procurement and allowing NGOs to compete for tenders, the government has overhauled the public procurement law.

21m ago

Trade activities disrupted as taxmen abstain from work

The country’s overseas trade activities have been severely disrupted as officials of the National Board of Revenue (NBR) continued their protest, which began on May 14 in response to an ordinance abolishing the revenue authority two days prior.

22m ago

“Best of Bangladesh in Europe 2025" event begins in the Netherlands

A total of 32 exhibitors from eight key sectors—apparel, leather, jute and handicrafts, IT, agro-food, poultry, and seed—are participating

1m ago

Grameen Bank: Govt stake to fall to 10% from 25%

The Advisory Council of the interim government has given the go-ahead in principle to the amendment proposal of the Grameen Bank Ordinance that seeks to reduce the government's stake in the Nobel-winning microcredit institution to 10 percent from the present 25 percent.

1m ago

Bangladesh’s exports to US may increase: WTO report

Some Least Developed Countries (LDCs), including Bangladesh, are likely to see their exports rise in the US, said a report by the World Trade Organization (WTO).

1m ago

Investors not confident

Investors do not feel confident because they are not sure if the policies taken by the interim government will be in place for long, said Debapriya Bhattacharya, head of the white paper panel on economy, yesterday.

1m ago

Cancellation of Transhipment due to ‘some developments’

India yesterday said its withdrawal of transshipment facility to Bangladesh for third-country exports should be seen in the backdrop of “some of the developments” that preceded it.

1m ago

NBR to collect travel tax directly from outbound passengers

The National Board of Revenue (NBR) is set to introduce a new system for collecting travel tax directly from outbound passengers, replacing the current practice where airlines include the tax in ticket prices and later deposit it into the state coffer.

1m ago

Highway to justice on a rickshaw

Someone I know once joked, “In Bangladesh, legal process is like a traffic signal -- it exists, but nobody follows it.” I know of a family that has been caught in a legal battle regarding land for decades. It is the kind of dispute that survives elections, grey hairs, and a few judges. They have won every round up to the top court, but the case? It is still pending outside the court. The legal system here is not just blind -- it is apparently waiting in traffic, hoping to dodge the maxim justice delayed is justice denied.

1m ago

Debate heats up over locking SIM slots for smartphone sales on EMI

The major telecommunication companies in Bangladesh and their smaller peers are in a debate over whether they should be allowed to lock all SIM slots when selling smartphones on instalment plans.

1m ago

ADP spending in July-March lowest in 15 years

Implementation of the Annual Development Programme (ADP) in the first nine months of the current fiscal year of 2024-25 has reached its lowest point in at least 15 years, with about Tk 82,894 crore being spent during the period.

1m 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