Garment exports to non-traditional markets grew 6.79 percent year-on-year to $6.04 billion in the July-May period of the outgoing fiscal year, according to data from the Export Promotion Bureau compiled by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
Small-scale footwear manufacturers have urged the interim government to exempt low-cost rubber and plastic footwear, priced at or below Tk 150, from the 15 percent value-added tax (VAT).
Most listed companies saw their profits shrink in the January-March period of the current year as stubbornly high inflation pushed up business costs while weak consumer demand held back sales growth.
Bangladesh’s expenditure on poverty reduction has been gradually declining, and in the upcoming fiscal year of 2025-26, it is set to hit a four-year low due to a decrease in spending that directly impacts hunger.
Bangladesh may face disruptions to its fuel imports if the conflict between Iran and Israel escalates further, according to industry experts and officials.
Mango prices are rising following a recent slump that had resulted in losses for many traders.
Since the United States accused Vietnam of being a hub for counterfeit goods, Tran Le Chi has found it increasingly hard to track down her favourite fake Chanel T-shirts, Gucci sunglasses and Louis Vuitton handbags.
Bangladesh’s shift to a market-based currency exchange system marks an effective transformation of the country’s macroeconomic policy approach.
If a company gets listed, it will enjoy tax benefits, and this is one of the major incentives for them to go public.
Dhaka and Chattogram divisions received over three quarters of the remittance sent by Bangladeshis living abroad in April this year, while six other divisions accounted for 27 percent of the total.
Bangladesh Bank (BB) Governor Ahsan H Mansur aims to raise $100 million from global litigation funders to finance asset recovery from business and political figures tied to the regime of ousted prime minister Sheikh Hasina by 2025.
The government has taken the initiative to amend the insurance law, aiming to give the regulator greater authority to dissolve and restructure the boards of insurers, limit family ownership concentration, and impose hefty fines for breaking the rules.
If a company gets listed, it will enjoy tax benefits, and this is one of the major incentives for them to go public..However, the government’s frequent policy changes have disheartened listed firms many times, as they faced higher tax rates once they got listed..It gave a clear, nega
The governor has recently met with leading global litigation firms in London
Rakib died in a canoe capsize accident in Canada along with a Biman pilot
The BGMEA election board also declared seven others as vice-presidents
Remittance inflows to Dhaka amounted to $1.36 billion
True reform requires the courage to correct the policy missteps of the past
