App-based banking gains traction as customers go digital
Banking is no longer limited to brick-and-mortar branches. People are banking remotely using the internet more and more. Of late, mobile applications have come up as a new and inviting option, and a growing number of customers are using apps for banking in Bangladesh.
3 hour(s) ago
3 hour(s) ago
Wheat output largely steady despite drop in acreage
Production remains over 10 lakh tonnes thanks to improved varieties
26 January 2026, 02:03 AM
26 January 2026, 02:03 AM
Uneasy recovery: strong reserves, weak exports
Record remittances and recovering foreign-exchange reserves offer a rare cushion, but weakening exports expose vulnerabilities
9 January 2026, 06:00 AM
9 January 2026, 06:00 AM
Tent, camping gear exports show signs of recovery
Tents and camping gear exports are showing signs of revival, with global buyers placing fresh orders after selling off pandemic stockpiles.
22 December 2025, 18:00 PM
22 December 2025, 18:00 PM
Sugar, edible oil imports surge as dollar supply improves
Bangladesh remains heavily dependent on imports for sugar, palm oil, soybean oil and wheat
16 December 2025, 18:00 PM
16 December 2025, 18:00 PM
Jute goods exports show signs of recovery after four-year slump
Recovery began in July, following an overall export decline of 4 percent in FY2024-25
14 December 2025, 18:48 PM
14 December 2025, 18:48 PM
Brazil becomes Bangladesh’s top cotton supplier, surpassing India
India was the second-largest supplier with 1.4 million bales, followed by Benin
8 December 2025, 18:00 PM
8 December 2025, 18:00 PM
Rice output fell in FY25 despite historic high Boro harvest
The decline is owed to a reduction in Aush rice acreage, which is harvested during the monsoon
12 November 2025, 18:00 PM
12 November 2025, 18:00 PM
Rice imports drop to four-decade low
Bangladesh’s rice imports fell to a nearly 40-year low in the fiscal year 2019-20 thanks to farmers’ endeavour to increase the yields of the main crop and allow the nation to be self-sufficient in the cereal production.
11 July 2020, 18:00 PM
Quest for jute polymer bag continues despite closure of mills
The much-cherished Sonali Bag scheme, which aims to make polymer containers from jute, will continue despite the closure of 25 state-run jute and non-jute mills on the first day of the current month.
8 July 2020, 18:00 PM
Private jute millers can now go full steam ahead
Private millers are looking to utilise much of their capacity to increase the production of jute goods to cash in on the void created in the domestic and international markets for the closure of all the 22 state-run jute mills.
7 July 2020, 18:00 PM
Diamond World becomes first Bangladeshi company to import gold bars
Diamond World has made history as the leading jewellery house has become the first company from Bangladesh to import gold bars through a legal channel to cater for both local and foreign markets.
5 July 2020, 18:00 PM
Jute farmers begin harvest with wind out of their sails after BJMC’s shuttering
Farmers are set to start harvesting jute by the end of this month and for the first time since Bangladesh’s independence, none of the natural fibre will be bought by the world’s largest state-owned jute goods maker and exporter, the Bangladesh Jute Mills Corporation (BJMC).
4 July 2020, 18:00 PM
He lived and built quietly. But his legacy will reverberate for eternity.
What makes an entrepreneur absolutely unique from the myriads of others?
1 July 2020, 18:00 PM
Aus, Aman Production: Thrust renewed to boost yield
With the Covid-19 pandemic wrecking lives and livelihoods, the government has renewed its focus and stepped up thrust on boosting production of Aus and Aman rice to ensure adequate availability of staple food in the country and slash dependence on the global market.
1 July 2020, 18:00 PM
NBR walks back on order seeking info to sniff out VAT evasion
The VAT Intelligence yesterday withdrew its directive that had asked banks to provide information on discrepancies in turnover figures shown by potential borrowers in returns and annual financial statements.
30 June 2020, 18:00 PM
The elusive quest for VAT automation
Much has been said about the modernisation and automation of the value-added tax system in Bangladesh over the last decade. Yet, the automation of the VAT administration is halfway, although the project’s tenure is supposed to come to its end this year.
29 June 2020, 18:00 PM
NBR’s bid to cap promotional expenses leaves firms hot and bothered
The revenue authority has sought to tax companies’ promotional expenditure exceeding 0.50 per cent of their turnover, an unprecedented move that has left firms flustered.
24 June 2020, 18:00 PM
No more duty exemption for furnace oil
The revenue authority has withdrawn duty-free import privilege for furnace oil in order to discourage establishment of power plants using the fuel and plug annual revenue losses of Tk 2,000 crore.
22 June 2020, 18:00 PM
Tax receipts keep falling as pandemic lingers
Revenue collection fell massively for the second consecutive month in May as incomes and demand for goods and services crashed because of the lengthy shutdown put in place to battle the Covid-19 pandemic.
22 June 2020, 18:00 PM
Businesses worried about changes in VAT law
Businesses are worried that some proposed changes in the value-added tax (VAT) law will increase their costs and discourage them from seeking justice against inflated revenue claims by field officials of the National Board of Revenue (NBR).
21 June 2020, 18:00 PM
Govt to buy more from farmers
In the wake of a sluggish progress in the government’s Boro procurement programme, the food ministry has lifted the ceiling for paddy and wheat purchase from an individual farmer to six tonnes from the previous three tonnes.
18 June 2020, 18:00 PM
Advance tax weighs heavy on businesses amid pandemic
The government’s decision to slash the advance tax (AT) when importing raw materials from 5 per cent to 4 per cent for the upcoming fiscal year will encourage local manufacturers by reducing their financial burden.
18 June 2020, 18:00 PM
Don’t go for pay, job cuts: BB to bank CEOs, MDs
Earlier this week, an extraordinary notice from the Bangladesh Association of Banks (BAB), a forum of bank sponsors, instructed lenders to cut the salaries of staff who draw a gross salary of more than Tk 40,000 monthly by 15%.
18 June 2020, 18:00 PM
NBR eyeing VAT from streaming platforms
Netflix and Amazon Prime have become household names in Bangladesh as the ongoing coronavirus pandemic has forced people to take shelter at home with little to do other than watch movies.
17 June 2020, 18:00 PM
Some sectors get relief from advance tax
Over the past year, manufacturers have had to pay advance tax (AT) when importing raw materials that resulted in increased operating costs while also blocking working capital for various companies like mobile phone and refrigerator makers.
16 June 2020, 18:00 PM
Onion prices hold steady
Onion prices remained steady despite the government’s decision to impose a 5 per cent tariff on imports of the key cooking ingredient to encourage local producers and reduce import dependency.
15 June 2020, 18:00 PM
New VAT, SD measures looking like silver lining
The revenue authority may get an additional Tk 11,000 crore next fiscal year because of the new value-added tax (VAT) and supplementary duty (SD) measures, according to an estimate by the National Board of Revenue (NBR).
14 June 2020, 18:00 PM