Shipments reach $4b with all top 20 export markets posting positive YoY growth

Bangladesh needs a decisive push to mobilise revenue by immediately launching reform measures, accelerating automation, and gradually phasing out existing tax exemptions, said economists and policymakers at an event organised by the National Citizen Party (NCP) yesterday.

Economies with low diversification will face challenges in coming out of the middle-income trap, said the head of the Asian Development Bank Institute (ADBI) yesterday.

The decision was taken at a recent Bangladesh Telecommunication Regulatory Commission meeting

Bangladesh has opportunities to bridge South and Southeast Asia

The response covers communities in the northeastern haor region of Sylhet Division

Washington still urges Dhaka to strengthen intellectual property enforcement in Bangladesh as Vietnam, India and Pakistan appear in USTR report

The Bangladesh Bank (BB) has waived the requirement to maintain provisions against funds of banks and non-bank financial institutions stuck in five merging shariah-based lenders.

She added that past social protection schemes have often suffered from irregularities and corruption

The vast majority of Bangladesh’s workforce remains in marginal conditions, outside the reach of formal labour protections, experts warned yesterday, calling for a shift in policy focus beyond the garment sector.

According to Barvida, around 3 lakh people directly or indirectly employed in the sector now face uncertainty over their livelihoods

FR Khan has stepped down from his executive responsibilities as managing director of Building Technology & Ideas Limited (bti), a real estate company, effective July 1 this year, according to a press release.

The Bangladesh Bank (BB) has waived the requirement to maintain provisions against funds of banks and non-bank financial institutions stuck in five merging shariah-based lenders

The association demanded duty cuts for hybrid and plug-in hybrid vehicles

Warns of inflation, erosion of purchasing power

More than half of the country’s scheduled banks will not be able to pay dividends this year, as rising bad loans and provisioning shortfalls continue to erode their financial strength.

This year, Boro paddy was cultivated on 9.63 lakh hectares across the seven haor districts

The European Central Bank held interest rates steady on Thursday but signalled a possible increase ahead as it warned of growing risks to the growth and inflation outlook due to the war in the Middle East.

Gold rose on Thursday on ‌dip-buying, but was on track for a second straight monthly fall as elevated oil prices kept fears of inflation and higher-for-longer interest rates alive.

The government has formed a high-powered panel to review the widely discussed ordinances on revenue reform framed by the Prof Muhammad Yunus-led interim administration.