BSRM posts 53% profit growth in Q3

Bangladesh Steel Re-Rolling Mills (BSRM) reported a significant increase in profit in the third quarter of fiscal year 2024-25.
29 April 2025, 18:00 PM

Fiscal fragility weakens economic recovery

Bangladesh’s economy is showing early signs of recovery after two years of sustained macroeconomic stress.
29 April 2025, 18:00 PM

Govt drafting policy for tax exemptions

The interim government of Bangladesh is drafting a tax exemption policy, prohibiting both the government and the National Board of Revenue (NBR) from allowing tax exemptions.
29 April 2025, 18:00 PM

Local handset production drops as grey market expands

Handset production in Bangladesh declined significantly in the first quarter of 2025 as the grey market continued to dominate the domestic market.
29 April 2025, 18:00 PM

Govt sets benchmark power tariff for coal-fired plants

The government has fixed the power tariff at Tk 8.45 ($0.766) per kilowatt-hour for the coal-fired Matarbari 1,200MW Ultra Super Critical Power Plant. 
29 April 2025, 18:00 PM

BBS to launch quarterly index for service sector growth

The Bangladesh Bureau of Statistics (BBS) is set to introduce a Quarterly Index of Service Production in a bid to measure the short-term growth of Bangladesh’s service sector—now the dominant contributor to GDP.
29 April 2025, 18:00 PM

Tax officials protest at NBR headquarters over draft revenue law

Several hundred tax and customs officials staged a demonstration at the National Board of Revenue (NBR) headquarters in Dhaka today, demanding revisions to a draft ordinance that proposes dividing the board into two separate divisions and allowing top appointments from outside the revenue cadre.
29 April 2025, 16:15 PM

Banglalink raises data, voice and bundle volumes by up to 25%

Banglalink has launched a new range of data packages, increasing the volume of data, voice minutes, and bundle allocations by up to 25 percent..Customers can now get 20 percent more data, 22 percent more voice minutes, and expanded bundle volumes under the updated plans, the third-largest
29 April 2025, 15:28 PM

BSEC promotes orange bond to improve women’s access to finance

The Bangladesh Securities and Exchange Commission (BSEC) promotes orange bonds to provide women entrepreneurs, especially those in rural areas, an easy financing solution, remove gender bias, and improve women’s living standards, said its officials yesterday.. They were addressing a worksh
29 April 2025, 14:45 PM

Stocks decline for second consecutive day 

Turnover, an important indicator of market activity, plunged 35 percent to Tk 291.07 crore
29 April 2025, 09:22 AM

Lovello directors to buy shares worth Tk 1.63cr

Two directors of Taufika Foods and Lovello Ice-cream have announced plans to purchase shares worth around Tk 1.63 crore from the public market through the Dhaka Stock Exchange (DSE) by April 30 this year.
28 April 2025, 20:01 PM

BB urges Fitch to reconsider outlook on Bangladesh

Bangladesh Bank (BB) yesterday urged global credit rating agency Fitch to reconsider its outlook on Bangladesh, reasoning that the country’s economy, especially the external sector, was recovering.
28 April 2025, 18:00 PM

Small machinery tailored for farmers can boost output: experts

Small agricultural machines tailored for Bangladesh’s smallholder farmers could drive a new wave of cost-efficient productivity and rural prosperity, experts said at a seminar yesterday.
28 April 2025, 18:00 PM

BTRC to ask Banglalink to pay at least Tk 70cr in tower sale fees

The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to issue a final directive to Banglalink Digital Communications Ltd, asking the mobile operator to deposit 5.5 percent of the total value of its tower sales, along with all applicable VAT and late fees, to Summit Towers Limited within ten working days.
28 April 2025, 18:00 PM

Walton plans Tk 114cr lithium battery factory

Walton Hi-Tech Industries PLC, a leading electrical and electronic appliance manufacturer, has announced plans to establish a facility to manufacture lithium-ion cells at a cost of nearly Tk 114 crore.
28 April 2025, 18:00 PM

Banks face higher risks without swift climate action: BB

Banks could face financial risks unless immediate climate action is taken, said the Bangladesh Bank (BB) in its first climate stress testing report published yesterday.
28 April 2025, 18:00 PM

NBR targets 10.5% tax-GDP ratio by FY35 amid IMF push

The National Board of Revenue (NBR) has set a target to raise Bangladesh’s tax-to-GDP ratio to 10.5 percent by the fiscal year 2034-35, as part of its newly formulated 10-year revenue strategy, according to official documents.
28 April 2025, 18:00 PM

Jamuna Oil’s profit jumps 56% in Q3

Jamuna Oil Company’s profit rose in the third quarter of fiscal year (FY) 2024-25 due to higher sales and interest income from deposits.
28 April 2025, 18:00 PM

China holds off on new stimulus, shows composure in US trade war

China has advanced this year’s stimulus plans but is holding off on fresh measures as it tries to maintain composure, betting on Washington blinking first in a protracted trade war.
28 April 2025, 18:00 PM

FDI scenario in Bangladesh

Bangladesh has struggled for decades to attract foreign direct investment (FDI). Occasionally, promising prospects emerged, only to fade away for various reasons. For a country with no significant mineral resources and a large population of unskilled and semi-skilled workers facing high unemployment, FDI is vital.
28 April 2025, 18:00 PM