Ministry shelves plan to hike fees on jute exports

Just five days after issuing a gazette notification imposing export fees on raw jute and jute products, the government has withdrawn the order to review the decision, following strong concerns from industry stakeholders over what they described as an excessive hike.
21 April 2025, 18:00 PM

Commercial banks’ lending to govt jumps 60%

With the central bank halting direct financing by printing new notes, the government also has no option but to turn to commercial banks to meet its fiscal needs.
21 April 2025, 18:00 PM

Jamuna Bank profit up 18% in 2024

Jamuna Bank recorded an 18 percent rise in profit last year and announced plans to strengthen its capital base by issuing a Tk 1,000 crore bond.
21 April 2025, 18:00 PM

Why Japan should look to Bangladesh for its next big tech investment

As Japan IT Week 2025 opens in Tokyo from April 23-25, it marks not just a celebration of technological advancement but also an opportunity for strategic collaboration. Bangladesh enters the arena with a clear and confident message: the country is ready to become Japan’s next major partner in the global tech ecosystem.
21 April 2025, 18:00 PM

Telcos expected to lower prices of internet

The interim government expects that mobile operators will reduce prices of mobile internet services soon as there were a series of wholesale-level price drops across different layers of the internet value chain in Bangladesh, said Faiz Ahmad Taiyeb, the chief adviser’s special assistant with executive authority over the ICT and telecom sectors.
21 April 2025, 18:00 PM

Police, Bida launch special security measures for foreign investors

Held meeting with officials of foreign companies, introduced dedicated emergency contact line
21 April 2025, 12:15 PM

Stocks fall for sixth consecutive day

The benchmark index dropped 29.52 points to 5,044.85
21 April 2025, 09:45 AM

Nearly half of the companies allege bribery in getting tax services: CPD

In addition, 40 percent of the surveyed companies reported facing problems while adjusting their tax refunds.
21 April 2025, 07:36 AM

Jamuna Bank’s profit rises 18% in 2024 

The private lender said its profit grew 18 percent year-on-year to Tk 279.59 crore in 2024
21 April 2025, 07:01 AM

Dhaka to place trade commitments at USTR meet

This includes allowing more duty-free imports from the US, offering warehouse facilities for American cotton and removing various non-tariff barriers.
21 April 2025, 05:44 AM

Stocks rebound after five-day slump

Turnover, a key indicator of market activity, stood at Tk 126.95 crore during the session
21 April 2025, 05:23 AM

Bangladesh lost over Tk 226,000cr for tax evasion: CPD

CPD estimated that around 50 percent of this amount has been lost to corporate tax evasion.
21 April 2025, 05:06 AM

IDLC Finance sees profit jump 32% in 2024

IDLC Finance saw its profit grow in 2024 as the company looks to expand its capital base and portfolio.
20 April 2025, 18:53 PM

Govt gives nod to Bay Terminal support project

The government yesterday gave the go-ahead to a support project for the construction of key marine infrastructures for the Chattogram port's mega expansion Bay Terminal project.
20 April 2025, 18:46 PM

Gas price hike, US tariff double blow to industries: experts

The fresh gas price hike has become a major challenge for local industries at a time when they are at risk of experiencing a fall in exports to the US due to the new Trump tariffs, a trade expert said today.
20 April 2025, 18:41 PM

In US Chinatowns, merchants ‘don’t want the trade war’

Last week, a pack of rice crackers at Sun Vin Grocery store on Mulberry Street in New York City’s Chinatown cost $4.99.
20 April 2025, 18:00 PM

Bangladesh’s gold price exceeds global prediction

The latest hike in gold prices in Bangladesh has pushed the precious metal’s value beyond levels anticipated from global market trends.
20 April 2025, 18:00 PM

Bancassurance gaining ground, but insurers see mixed fortunes

More than a year since bancassurance was introduced in Bangladesh, the benefits have proven uneven across the insurance industry.
20 April 2025, 18:00 PM

Five-star hotel opens in Bhaluka next year

Best Holdings Ltd is set to open the first five-star hotel in Bangladesh’s industrial belt by June 2026, introducing luxury hospitality to Bhaluka in Mymensingh district.
20 April 2025, 18:00 PM

T-bill yields rise as govt turns to banks for funding

Interest rates on government treasury bills rose again this month, reversing a brief downward trend and signalling a continued liquidity crunch in the banking sector.
20 April 2025, 18:00 PM