However, SME linkage loans will be exempt from this requirement.

The plants—Rupganj, Maona, and Ullapara—have a combined capacity of 77MW

The event has attracted strong interest, with over 550 investors from 50 countries registering to participate alongside more than 2,500 Bangladeshi investors. 

Also seeks account details of daughter, son-in-law  

The price of liquid milk has gone up once again, dealing another blow to consumers already struggling with high inflation in the country.

Despite being a humble banking professional, I am very lucky to have been engaged with the country’s budgetary process since the early ‘90s. Many champions, including Saifur Rahman, Shah AMS Kibria, AB Mirza Azizul Islam, Akbar Ali Khan, Masihur Rahman and Khairuzzaman Chowdhury, valued my inputs and private sector insights.

Bangladesh’s toiletries market is growing and there is a significant potential for further expansion as incomes rise alongside increasing awareness and lifestyle changes.

Bangladesh is set to graduate from the least-developed country (LDC) club next year, which will bring several challenges in international trade.

The Bangladesh Bureau of Statistics (BBS) will form six expert committees to strengthen monitoring and enhance data credibility, one of its top officials said yesterday.

After a challenging year, Japanese companies in Bangladesh are eyeing 2025 with cautious optimism, as 50 percent anticipate a rise in operating profits despite persistent hurdles.

The Bangladesh Bank (BB) has drafted a Deposit Protection Ordinance, proposing a maximum payout of Tk 2 lakh per depositor if a bank undergoes liquidation. The limit will be reviewed every three years.

The adoption of International Financial Reporting Standards (IFRS) for small and medium enterprises (SMEs) provides a structured framework that enhances financial transparency, said Taskeen Ahmed, president of the Dhaka Chamber of Commerce and Industry (DCCI)..He also said that IFRS would

Although the tax policy is “aggressive,” its implementation remains inadequate, Khan said, admitting that there is no scope to introduce harsher tax measures.

The tax authority failed to meet its target, forcing the government to borrow to cover expenditures, increasing the country’s debt burden, NBR Chairman Abdur Rahman Khan said.  

There is an old tale, passed down through generations, about a king and his youngest daughter.

Trade associations in Bangladesh are demanding a simpler and investment-friendly tax structure that would ensure sustainable economic growth and broaden tax collection in the country..Leaders of the Bangladesh Chamber of Industries (BCI), Bangladesh Knitwear Manufacturers and Exporters Ass

Remittance inflows surged by around 78 percent year-on-year in the first 19 days of March as migrant workers sent more money home to relatives ahead of Eid-ul-Fitr, the largest religious occasion in the country.

About 87.5 percent, or 15 crore, of Bangladesh’s citizens do not have access to all eight basic services such as clean drinking water, basic education, and sanitation facilities, according to a recent study.

Paramount Insurance PLC has announced a 10 percent cash dividend for its shareholders for 2024, driven by higher profits. The company declared the same dividend amount in the previous year as well.

The tax target for the National Board of Revenue (NBR) has become more daunting against the backdrop of slowing collection as the economy continues to grapple with worsening consumer purchasing power due to stubbornly high inflation and declining private and public investment.