The government will form an independent board to run mobile financial service provider Nagad, Finance Adviser Salehuddin Ahmed said yesterday.

Maize cultivation remains a profitable venture for farmers, although many in districts where production is concentrated have voiced concerns over a drop in market prices this season amid a rise in production costs.

The interbank exchange rate of the US dollar rose slightly yesterday, two working days after the central bank adopted a market-driven exchange rate system.

The National Board of Revenue (NBR) is expected to continue the prospective tax system until fiscal year 2027-28, allowing taxpayers and businesses to determine applicable tax rates in advance instead of waiting until the end of the income year.

Some manufacturers say they are now opting to reduce office utility consumption, optimise office supplies, minimise bank dependence, and find alternative funding sources.

Bangladesh’s government recently enacted a long-awaited reform measure: dissolving the National Board of Revenue (NBR) and splitting it into two new agencies. The goal is to separate the tax policymaking and implementation processes, in line with a key conditionality of the International Monetary Fund (IMF) for the next tranche of disbursements.

Employees of the National Board of Revenue (NBR) yesterday vowed to continue their pen-down strike against a May 12 ordinance on restructuring the revenue administration, unless Chief Adviser (CA) Prof Muhammad Yunus or a representative proposes a mediation.

The inter-bank exchange rate hit Tk 122.78 per US dollar today

Business leaders and economists have warned that if the situation continues, it could lead to a shortage of essential commodities in the local market

The DSEX dropped 29.38 points to 4,791.08

“We have learned about the restrictions through media reports and social media,” Bashir Uddin told reporters today at the Secretariat in Dhaka

The DSEX gained 15.32 points to 4,835.79 as of 11:20 am

Protesting officials and employees of the National Board of Revenue (NBR) yesterday vowed to continue their pen-down strike today to press home their three-point demand, including the repeal of a new ordinance on restructuring the revenue administration.

Bangladesh has a strategic opportunity to strengthen its position in the US apparel market as major competitor countries face higher tariffs and growing risks, said Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD).

Global fashion brands are reaping triple-digit profits on Bangladeshi garments, buying at $3 and selling for three to four times more. Yet, they continue to pressure factories to cut prices further.

Graduating from the least developed country (LDC) category will be a challenge for Bangladesh and there are many debates surrounding it, but the country has to graduate by 2026, Finance Adviser Salehuddin Ahmed said yesterday.

Chief Adviser Prof Muhammad Yunus yesterday proposed the establishment of a dedicated microcredit bank based on the social business model.

Bangladesh is dealing with one of its most challenging political and economic shifts, and the proposed US tariff hike to 37 percent on its exports could worsen the situation..This could turn out to be a big problem for the economy, especially for the readymade garment (RMG) industry, which

Mutual Trust Bank PLC reported higher profits in the first quarter of 2025 as its operating profit rose.

Jamuna Bank PLC reported higher profits in the first quarter of the 2025 financial year.