The collection of nearly Tk 19,000 crore in direct taxes has been stuck at higher courts owing to cases filed by large corporates, some individuals and taxmen, according to the Large Taxpayers Unit (LTU) of the income tax department

The government recently drew up its Sustainable Public Procurement (SPP) Policy 2023, facilitating the participation of small-and-medium enterprises (SMEs) and women-owned business enterprises (WBEs) in public tenders.

Bangladesh Bank yesterday reconstituted the board of National Bank, in a move that is expected to steady the ship at the country’s first private sector bank beset by financial irregularities.

27 Chinese and Bangladeshi businesses honoured for contribution to Bangladesh economy

Former BIDS research director M Asaduzzaman says in a paper

Reserves stood at $20.68 billion on Dec 20

Former DU Prof Syed Ferhat Anwar is the new National Bank chairman

The remittance experienced a sharp decline—13.5 percent year-on-year—when it hit $4.91 billion in the July-September quarter of 2024, down from $5.67 billion in the same period previous year, according to the quarterly data of the central bank.

IDRA has ordered Fareast Islami Life Insurance Company Limited not to spend anything from its premium income, income from investment and life fund if it fails to settle claims of policyholders by this month

Bangladesh’s debt service to revenue ratio to cross the 100 percent mark for the first time owing to rising loans, lower tax and export receipts

Segments of the light engineering sector suffering from significantly lower sales for the past one-and-a-half years

The taka is expected to depreciate further against the US dollar due to huge outflows, says BB

To be eligible, banks have to show positive net profit for three consecutive years

The govt targets achieving one crore direct taxpayers by 2026, he says

Its EPS stood at Tk 2.75 in the negative in Jul-Sep

Cement makers in Bangladesh have reduced production as political tension slowed sales amid a slowdown in construction projects

Food and beverages are major sources of revenue for most of the luxury hotels in Bangladesh compared to their earnings from renting out rooms

Bangladesh is lacking among four South Asian countries to attract deposits and investments from Bangladeshi migrants, according to a World Bank report

They will operate separately under the Inland Vessel Owners Association of Chattogram

The Asian Development Bank (ADB) has revised downward the growth forecast for Bangladesh’s economy to 6.2 percent for the current fiscal year ending in June 2024..“This is due to moderate growth in exports and manufacturing amid an economic slowdown in major export markets, power and energy