While the global economy has faced shocks and trade turmoil, globalisation is not dead -- it is simply being “transformed,” the International Monetary Fund’s chief economist told AFP Friday in an exclusive interview.

There has been a serious concern about economic growth because of the liquidity crisis, huge volumes of bad and doubtful loans, inadequate revenue collection, pressure on foreign debt repayments, declining remittances from non-resident Bangladeshis and uncertainty over export growth.

SME Foundation says, analysing BBS economic census of 2024

Bangladesh’s first-ever short-term shariah-based sukuk drew overwhelming interest from individuals and institutions at its debut auction yesterday.

Weak public institutions are holding back Bangladesh’s economic growth and costing the country billions in lost tax revenue, the World Bank said yesterday, urging reforms to tax administration, procurement, auditing and project implementation.

Month-on-month inflation stood at 9.42 percent at the end of May, with the 12-month average above 8.6 percent

The government, for the first time in Bangladesh, has announced tax rates for five years to provide businesses with greater policy certainty and help create jobs, said Rashed Al Mahmud Titumir, the prime minister's adviser on planning and economic affairs

This is the first-ever hatching egg export consignment from Bangladesh

Investors submitted bids worth Tk 56,607 crore against an issuance target of Tk 5,500 crore through the 273-day sukuk, making the auction oversubscribed by 10.29 times

A citizens' platform today demanded that the government immediately scrap plans to lease the New Mooring Container Terminal (NCT) and Chattogram Container Terminal (CCT) to domestic or foreign operators, saying the country's main seaport must remain under national ownership and control

The cushion of cheap, long-dated official credit that has spared Bangladesh the discipline of markets is shrinking, with no channel ready for when it runs thin

The Bangladesh Institute of Labour Studies (BILS) has urged the government to withdraw the proposed mandatory Taxpayer Identification Number (TIN) requirement for opening bank accounts, saying it would pose an unnecessary barrier for millions of low-income workers.

Bangladesh has secured about $3.11 billion in emergency budget support from four development partners, including the World Bank and the Asian Development Bank, this month to cushion the economic fallout from the US and Israel’s war on Iran.

Ministries instructed to review projects with less than 30% progress and scrap those no longer viable

TIN requirement for opening bank accounts may be dropped

Trading in the Global Depository Receipts (GDRs) of Beximco Pharmaceuticals PLC on the London Stock Exchange (LSE) resumed on Friday after the exchange lifted a suspension imposed over delayed financial reporting.

Bangladesh’s insurance regulator is considering a one-time bailout package to help insurance companies clear around Tk 7,000 crore in outstanding claims, a move aimed at restoring public confidence in the sector.

A tax relief measure on mobile phone imports is set to expire next week with no extension in the proposed budget, stoking fears of further grey market expansion as the National Equipment Identity Register (NEIR) remains unimplemented.

Older, scaled firms poised to get major tax benefits

United Commercial Bank PLC (UCB) turned 43 on June 26. Incorporated in Bangladesh in 1983, the bank has grown into one of the country’s largest first-generation private commercial banks.