The Bangladesh Investment Development Authority (Bida) is set to host the China-Bangladesh Conference on Investment and Trade on June 1 as part of efforts to attract foreign investment.
Bank Asia signed a memorandum of understanding (MoU) with Bank Alfalah to acquire the latter's operations in Bangladesh, subject to regulatory approval and the completion of legal formalities.
The interim government is going to place the proposed budget for fiscal year 2025–26 on June 2.
Bangladesh Bank will release redesigned Tk 20, Tk 50, and Tk 1,000 banknotes into circulation from June 1, ahead of Eid-ul-Azha.
The government is going to expand import duty exemptions on pharmaceutical raw materials and medical equipment, with 79 new items expected to be added to the duty-free list in the upcoming national budget.
Bangladesh’s repayment of foreign loans surged in the first 10 months while the inflow of loans from bilateral and multilateral lenders continued to fall, according to provisional data from the Economic Relations Division (ERD) released yesterday.
About 69 percent of low-income people view the value-added tax (VAT) on essential items as excessive, according to a survey, with most seeing it as a significant financial burden.
In order to provide relief to small savers, the government is likely to increase the excise duty exemption threshold for bank deposits in the upcoming budget for fiscal year 2025-26.
The loan aims to support macroeconomic and financial sector reforms in Bangladesh, the ERD said in the statement.
The original MoU, linked to a long-term LNG supply agreement, expired in January.
Bangladesh Submarine Cables PLC (BSCPLC) saw its profit grow in the January-March quarter of the fiscal year 2024-25 (FY25).
Shifting trade announcements have led to unprecedented volatility in the global shipping industry in recent weeks, with industry players having to constantly adapt to new US tariffs.
In the glittering world of startups -- where valuations, funding rounds, and user growth often dominate headlines -- what remains understated yet absolutely vital is the understanding of unit economics. For any founder serious about building a sustainable and scalable business, grasping this financial foundation is not optional; it’s essential.
The Bangladesh Bank (BB) has approved the payment of admission and examination-related fees in foreign currencies for studies in foreign academic institutions, the examinations for which are held in local centres.
Onion prices have been increasing over the past weeks, as farmers and traders release fewer stocks to local markets in the hope of better returns amid the government’s suspension of imports.
After a long wait, the Chittagong Port Authority (CPA) finally signed a deal yesterday with a Japanese joint venture to construct a terminal for a deep-sea port at Cox’s Bazar’s Matarbari, some 350 kilometres southeast of capital Dhaka.
Local textile millers yesterday sought duty-free export facilities to the USA for garment items produced in Bangladesh using American cotton.
Stocks fell for the seventh straight trading day at Dhaka Stock Exchange (DSE) yesterday as cautious investor sentiment continues to drive the market downwards amidst a confidence crisis.
