Bangladesh has sought duty-free access for its products shipped to Brazil to reduce the bilateral trade gap.

The cabinet committee on economic affairs says

Leading chamber body’s latest news bulletin highlights challenges, opportunities for Bangladesh economy in 2024

The multinational bank made Tk 43 crore in 2023, up from the previous year's Tk 13 crore

The price of gold in Bangladesh is poised to surpass all previous records as the jewellers in the country have decided to increase its rates with effect from today

Megafarms are being set up to produce camel milk on industrial scales

IFC is providing $30 million in Pran Dairy Ltd (PDL) and Habiganj Agro Ltd (HAL), concerns of PRAN Group, to support their businesses severely impacted by the shortage of US dollars in Bangladesh

Dhaka stocks edged up in the morning trade today, reflecting a buying sentiment among investors after the market suffered major losses in recent weeks

In February, banks lent Tk 15.76 lakh crore to the private sector, which was 9.96 percent higher year-on-year, showed data of Bangladesh Bank.

The British multinational bank logged profits of Tk 2,335 crore in 2023, up from Tk 1,655 crore in 2022, according to its financial reports.

He also suggested the government increase direct taxes on wealthy people so that people with low incomes need not be overburdened with tax.

Although there is no accurate data on the market for electronic home appliances, industry insiders believe that sales during Eid-ul-Fitr account for around 60 percent of their annual receipts.

Last week, the finance division issued a circular asking all ministries and divisions to send by April 29 their budget proposals for 2024-2025 and their expenditure plans for the following two financial years to help prepare the midterm budgetary framework.

Telecom operators and experts in Bangladesh yesterday demanded restructuring taxation in the sector, arguing that the rates in place are not only limiting the sector’s growth, but also potentially hindering the implementation of “Smart Bangladesh”.

Some 70% have already paid festival bonus, Industrial police say

Leather exports rose 9.8% year-on-year in Jul-Mar of FY24

The merger guideline for banks and financial institutions is being hailed as a major step towards fixing the problem in the financial sector, which has been weighed down by massive default loans and weak corporate governance.

Although banks in the country normally face a liquidity shortage due to cash withdrawals ahead of Eid-ul-Fitr each year, a majority of them have sufficient funds on hand this time around thanks to continuous liquidity support from Bangladesh Bank.

Onion seeds are often referred to as “black gold” by farmers in the Rajshahi region due to their dark shade and high market value. This stands true for the fact that when planting ran from October to early December last year, the seeds were sold at an average of Tk 5,000 per maund in the district, some 250 kilometres west of the capital.

On April 4, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to pay attention to ensuring reasonable protection from customs tariffs for the sake of employment and promoting domestic industries, services and small and medium enterprises.