Bangladesh’s readymade garment (RMG) industry is the powerhouse of the national economy, accounting for nearly 85 percent of export earnings and employing millions, particularly women from vulnerable communities.

The government has proposed a 3.55 percent rise in the budget allocation for agriculture, food, livestock and fisheries in the next fiscal year, setting aside Tk 39,620 crore.

The government’s latest tax measures are likely to put further strain on businesses, as tax burdens have increased even though economic recovery remains sluggish, experts warned yesterday.

The country’s trade deficit narrowed by 2.60 percent in the first ten months of the current fiscal year compared to the same period a year ago, thanks to a rise in export earnings coupled with subdued imports.

The government has introduced stricter regulations on the import of gold bars and ornaments under newly updated baggage rules while offering some leniency in other areas.

The allocation for the power division in the national budget for fiscal year 2025-26 is around 30 percent less than that of the previous fiscal year, while it has been nearly doubled for the energy and mineral resources division. .The government has decided to cut electricity production c

The government has proposed a 3.55 percent rise in the budget allocation for agriculture, food, livestock and fisheries in the next fiscal year, setting aside Tk 39,620 crore..But agro-economists say the increase is far from sufficient to ensure the country’s long-term food security..<p

Other sectors will lose competitiveness if only one sector gets the benefit, the chamber says

While 96% of industrial units have paid April salary

The DSEX gained 44.29 points to close at 4,709.09

The DSEX gained 21.14 points to 4,685.94 as of 11:46 am

Just a day after the interim government proposed the national budget and tax measures for fiscal year 2025-26, leading business chambers expressed significant concern that several measures could potentially impede business growth and affect investment.

Corruption remains a pervasive challenge across the country, undermining the effective implementation of the national budget, Anisuzzaman Chowdhury, special assistant to the chief adviser, said at a post-budget discussion yesterday.

If you're planning to import cheap lipstick into Bangladesh anytime soon, think again. The country's interim government, in its latest budget, has quietly declared war on undervalued imports with a series of oddly specific tweaks to customs rules. Among the victims: chocolate bars, lipsticks, eye shadow, and -- wait for it -- inflatable toys.

The government has announced a special allowance for public sector employees and pensioners, effective from July 1, in a move aimed at cushioning their incomes.

The positive objectives laid out in the proposed national budget for fiscal 2025–26 are not backed by measures, said the Centre for Policy Dialogue.

The national budget for FY2025-26, presented by Bangladesh’s interim government, marks a notable departure from the conventional, growth-obsessed fiscal templates of previous years.

Hotels, motels and resorts at popular tourist destinations across the country are almost fully booked during the ten-day Eid-ul-Azha holidays, which begin in the first week of June.

Bangladesh Bank Governor Ahsan H Mansur expressed hope that inflation would come down to below 7 percent by August or September this year.

The interim government’s proposal to raise the turnover tax from 0.6 percent to 1 percent from the next fiscal year has sparked an outcry among business leaders, who said the measure could deal a fresh blow to firms already struggling to stay afloat.