An imbalanced tax structure exacerbates income inequality in Bangladesh, underscoring the need for reforms to increase direct tax contributions, according to a recent publication by the finance ministry.

In a bid to accelerate the shift to cleaner transport and promote domestic manufacturing, the interim government plans to roll out a series of tax benefits focusing on electric vehicles, including electric bicycles (e-bikes), and lithium and graphene batteries.

The government expects the country’s economy to cross the $500 billion mark in the fiscal year (FY) 2026-27, buoyed by stabilising policies and sectoral improvements.

Non-leather footwear exports rose 30.25% in the first 11 months of the current fiscal year

Islamic bank deposits declined, dropping to 19.56% of total in Jan-Mar of 2025.

Aviation tracking site Flightradar24 said the plane was a Boeing 787-8 Dreamliner

Chief Adviser Prof Muhammad Yunus has credited the International Monetary Fund (IMF) for its “positive role” in helping Bangladesh overcome its concerns about allowing market forces to determine the exchange rate.

The government’s target to provide subsidies and incentives amounting to Tk 125,741 crore in fiscal year 2025-26 is creating high pressure on fund mobilisation amid a challenging macroeconomic situation.

Janata Bank PLC plunged into massive losses in 2024 as its net interest income dropped significantly.

A recent Daily Star report supports this view, noting that while rice farmers benefit from more stable procurement systems, vegetable growers are exploited by layers of middlemen.

Containers packed with imports are starting to pile up at the Chattogram port due to a drastic drop in the delivery of goods, as factories and vehicles are yet to resume running in full swing amidst the Eid-ul-Azha holidays.

Production prospects for Boro paddy, the principal rice crop in Bangladesh, remain favourable as harvests are expected to conclude this month.

Sales of cattle, as reflected in the number of animals sacrificed during this Eid-ul-Azha, declined this year amid an economic slowdown and political uncertainty in the country, said dairy producers and stakeholders yesterday.

The chief adviser takes part in a talk at Chatham House, an independent think-tank based in London,

The bank’s net interest loss amounted to Tk 3,042 crore last year

The DSEX gained 71.17 points to close the week at 4,709.09

Businesspeople expressed hope that tourism during Eid-ul-Azha holidays will generate over Tk 700 crore in transactions in Cox’s Bazar.

33.1 lakh animals remained unsold

Growth projection remained unchanged to 3.3%

Nature lovers crowd hill destinations as resorts report full bookings