Years of corruption, mismanagement, fragile governance and bank looting have left several banks in distress in Bangladesh.

India’s economy expanded by 6.2 percent in October-December, picking up on increased government and consumer spending, official data showed on Friday, and the government said it expected a further acceleration in the current quarter.

The tax authority has reduced the tax at source on the import of raw materials for the manufacture of cancer-related drugs, a development that is expected to reduce production costs and prices.

Amid high prices and a shortage of bottled soybean oil, the National Board of Revenue (NBR) yesterday exempted traders from value-added tax (VAT) on locally produced edible oils, including mustard, sunflower, rapeseed, canola, and rice bran oils, in a bid to stabilise the domestic market.

Maize, a little-known crop three decades ago, continues its triumph over wheat, paddy and other crops due to its higher yield and profitability.

Investors in the Beximco Green Sukuk al-Istisna are increasingly worried about recovering their principal amount after the conglomerate ran into a series of troubles following the political changeover in August last year.

The interim government yesterday approved a Tk 226,125 crore revised Annual Development Programme (ADP), while the health sector saw more than a 50 percent reduction in its original allocation despite being a priority sector.

Currently, out of 109 registered shrimp processing factories, only 30 in Khulna and 18 in Chattogram remain operational

China’s manufacturing activity expanded at the fastest pace in three months in February as new orders and higher purchase volumes led to a solid rise in production, an official factory survey showed on Saturday.

The shipping ministry has withdrawn the fixed freight rate for vessels on the Chattogram-Pangaon route in a bid to revive cargo transport via river, which has seen a drastic decline over the past year.

In a notification issued on Sunday, the NBR said it had slashed the tax at source on the import of ingredients for oncology medicines to 2 percent from 5 percent. 

"There is no shortage of daily essentials now. But the supply of soybean oil is slightly less, which cannot be denied, but I hope the situation will improve from today,” the adviser told reporters after visiting Mohammadpur Town Hall kitchen market in the afternoon.  

The tax administration issued a notification in this regard yesterday, which was made public today

Loan disbursement increased a massive 56%

The National Economic Council took the decision today 

Agreements between vessel owners and mainline operators will determine it

The benchmark index lost 0.04% to 5,234 points as of 11.10 am

The Bangladesh Small and Cottage Industries Corporation (BSCIC) has called for stricter monitoring to ensure the proper utilisation of imported industrial salt in order to protect the interests of local salt producers.

Despite assurances of paying salaries to workers after iftar today, the officials left the factory without paying their dues

Ring Shine Textiles reported a decline in its financial performance for the October–December quarter of 2024, as the company's losses deepened year-on-year.