The government’s development expenditure has fallen to its lowest level in at least five years in the first nine months of the current fiscal year 2025-26 (FY26).

Bangladesh will not be able to realise its ambition of becoming a trillion-dollar economy by 2034 unless it revives investment, foreign investors and development partners said yesterday.

Despite steady economic growth, Bangladesh’s tax system continues to underperform, with average annual revenue shortfalls reaching nearly Tk 59,000 crore over the past five years, according to the Policy Research Institute (PRI) of Bangladesh.

The winning team will represent Bangladesh at the global finale in Hong Kong

Hasan Tarek Khan, a director at the Financial Institutions and Markets Department, has been temporarily assigned as the administrator

The main objective of the minimum tax is to ensure that no taxpayer is left out of the tax net

The week was also marked by a revenue collection shortfall heading into the fiscal year-end

Upon receiving BSEC clearance, a new board of directors will assume management and operations of DSBSL

Citing three major economic challenges, the government has prepared its position paper ahead of a United Nations hearing on Bangladesh’s request to defer its graduation from the least developed country (LDC) category.

Bangladesh’s mobile and broadband internet services rank among the worst in the world despite a large subscriber base, and a connectivity-led reform plan is being prepared to address the challenge, Rehan Asad, the prime minister’s adviser on telecom and ICT, said yesterday.

The Bank Resolution Act-2026, passed with new provisions added overnight, is effectively rehabilitating bank looters and putting the entire banking sector at risk, economic experts, academics, and activists said yesterday.

Three years after launch and with 99 percent of its budget unspent, a nearly Tk 1,700 crore customs modernisation project is set to be presented to the Executive Committee of the National Economic Council (Ecnec) today with a proposal to extend its deadline and raise costs by nearly 40 percent.

Finance Minister Amir Khosru Mahmud Chowdhury has pledged to avoid printing money to fund the government’s deficit and warned that creating “high-powered money” would trigger an inflationary spiral as the administration attempts to steer an economy battered by political cronyism and global shocks.

BRAC Bank PLC recently organised a remittance awareness conference in Bogura, reaffirming its commitment to raising public awareness about sending remittances through formal banking channels.

Dhaka Bank PLC has promoted SM Abdullah H Kafi to the post of deputy managing director (DMD).

Bank Asia PLC led a daylong seminar, titled “Cashless Bangladesh Initiative”, organised by Bangladesh Bank, to promote digital transactions and enhance financial awareness.

Prime Bank PLC has signed a $30 million term-loan agreement with the Opec Fund for International Development (Opec Fund), an international development finance institution.

Raising tax rates on high-income earners without expanding the tax net could backfire, potentially encouraging money laundering and capital flight, the Metropolitan Chamber of Commerce and Industry (MCCI) said yesterday.

Citing three major economic challenges, the government has prepared its position paper ahead of a United Nations hearing on Bangladesh’s request to defer its graduation from the least developed country (LDC) category.

Bangladesh is projected to record a higher gross domestic product per capita than India in 2026