The visiting mission from the International Monetary Fund was not fully convinced with the plans laid out by the National Board of Revenue on accelerating the tax collection to raise the tax-to GDP ratio by 0.5 percentage points in the current fiscal year. 

Prime Minister Sheikh Hasina will soft launch the much anticipated third terminal of the Hazrat Shahjalal International Airport (HSIA) tomorrow with a slogan of "connecting dreams to reality" for making Bangladesh an aviation hub.

Although the country saw a huge year-on-year rise in the amount of foreign loans pledged from abroad in the first two months of the current fiscal year, their disbursements have slightly dropped, showed government data.

Although the country saw a huge year-on-year rise in the amount of foreign loans pledged from abroad in the first two months of the current fiscal year, their disbursements have slightly dropped, showed government data.

Jute growers in Bangladesh are facing deepening woes as prices of the natural fibre have been in a downward slide amid a consistent decline in exports, according to industry insiders.

The cost-of-living crisis has kept stressing out fixed and lower-middle-income groups in Bangladesh as inflation has persisted at elevated levels while their salaries and incomes have seen little upward adjustments.

The country’s third tea auction centre in Panchagarh witnessed its first day of activity as a daylong online auction was held at the Panchagarh Chamber of Commerce and Industries' auditorium on Wednesday.

There is one thing that nobody can escape and that is problems, no matter how relative it may be. There was once this young man who thought he suffered from too many problems. So, he called out to God, asking for help.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday again sought a price hike of garment items as the government is working to implement a minimum wage for four million garment workers from December this year.

A day after hiking the policy rate, the Bangladesh Bank today raised the lending rate to 10.70 percent in order to tame the skyrocketing inflation.

The new Drugs and Cosmetics Act 2023 will help the pharmaceuticals sector of Bangladesh get rid of adulterated and substandard medicines and climb to the next heights, manufacturers say. .The inclusion of rigorous punishment for offences will also be beneficial, they say. In the Drugs (Con

Amid criticisms over the delay in squeezing money supply, the Bangladesh Bank yesterday made borrowing costlier as it raised the policy rate by 75 basis points to 7.25 percent to step up its fight against inflation..This is the sharpest pace of rate increase in at least a decade, said a ce

European Parliament and European Commission, parts of European Union (EU), will see whether Bangladesh’s labour laws conform to international standards to provide preferential trade benefits under a proposed GSP Plus, said EU Ambassador to Bangladesh Charles Whiteley yesterday.

Bangladesh’s foreign currency reserves would be less than $18 billion if the central bank's liabilities are considered, according to Zahid Hussain, a former lead economist of the World Bank's Dhaka office..The central bank is regularly publishing its gross foreign reserves in line with the

Bangladesh’s financial account deficit has kept widening as the flow of US dollars into the country is not picking up, in an indication that the pressure on the foreign exchange regime will persist in the upcoming days. .The financial account, a key component of a country’s balance of pay

Over the past few years, the global economy and the international trade system have experienced a number of extensive shocks, which have had a critical impact on our SMEs. Despite speedy and remarkable support from the government for the SMEs at the time of the coronavirus pandemic, the invasion

Default loans in the banking sector shot to a historic high at the end of June this year owing to rising non-performing loans (NPLs) at state-owned commercial banks, said Bangladesh Bank (BB) yesterday. The amount of NPLs at the state banks stood at Tk 74,450 crore, up 28.45 percent from

A bhori will cost Tk 97,044 from tomorrow

WB country director shared the information in a meeting with Planning Minister MA Mannan

The 75 basis-point rise in policy rate will be effective from Oct 5