Powerful lobbies, elites and corporate interests thwart tax reforms

According to the white paper on the state of the economy
2 December 2024, 15:06 PM

KEPZ decides to fast-track land registration

The chief adviser became the first head of state to preside over a meeting of the KEPZ governing body in nine years
2 December 2024, 12:24 PM

Chinese firm Bangladesh BaoRui Textile to invest $19.53 million in Mongla EPZ

The composite textile manufacturing facility is expected to generate 1,505 jobs
2 December 2024, 11:18 AM

Debapriya's white paper points to grand corruption

Says, turned Bangladesh from crony capitalism to kleptocracy
2 December 2024, 08:29 AM

Trillions embezzled from stock market

White paper panel says turned Bangladesh from crony capitalism to kleptocracy
2 December 2024, 07:33 AM

Stocks up in morning trade

DSEX gains 27.77 points as of 11:10 am
2 December 2024, 05:34 AM

Janata Bank files Tk 1,964cr default loan case against S Alam Group

Janata Bank filed a case against the industrial conglomerate S Alam Group with the Chattogram Money Loan Court on Sunday over defaulted loans amounting to Tk 1,964 crore..Chattogram Money Loan Court Magistrate Mujahidur Rahman issued an embargo on the transfer of about 7.43 crore shares of
1 December 2024, 18:02 PM

Credit card interest hiked to 25% max

The maximum amount of interest that banks can charge on credit cards has been hiked to 25 percent from 20 percent in tune with changes in the policy interest rate and increase in lenders’ cost for fund mobilisation.
1 December 2024, 18:00 PM

Business communication in the AI era

Modern society is navigating through unprecedent, rapid technological advancements. While the fourth industrial revolution is spearheading the changes in the industry using newer technologies, artificial intelligence (AI) has emerged as a transformative force across industries.
1 December 2024, 18:00 PM

Debt payment burden to intensify further

A spike in the already-increasing debt servicing burden is imminent as the country’s debt to gross domestic product (GDP) ratio remains far from growth-reducing thresholds, according to the white paper on the state of the economy.
1 December 2024, 18:00 PM

Power and energy: A system designed for corruption

No less than $3 billion changed hands as kickbacks in awarding power plant projects during Sheikh Hasina’s autocratic rule, according to a white paper on the state of the economy.
1 December 2024, 18:00 PM

Cost of seven mega projects jumped 70% from initial estimate

Seven mega projects taken up by the previous government cost Bangladesh Tk 80,569 crore more than initial estimates due to escalating cost and time overruns, according to the final draft of the white paper on the state of the economy.
1 December 2024, 18:00 PM

GDP growth overstated since 1995

Bangladesh’s economic growth has been overstated since 1995 and the practice of making inflated estimates rose after the fiscal year 2012-13, according to the findings of the white paper panel..It said Bangladesh was seen as one of the fastest-growing economies but its growth became a “par
1 December 2024, 15:49 PM

10 banks are ‘technically bankrupt’: white paper

However, the final draft of the white paper on the state of economy did not disclose the names of the lenders
1 December 2024, 15:09 PM

Remittance rises 14% in November

However, November’s inflow of $2.2 billion was 8.16% lower than the previous month
1 December 2024, 12:53 PM

Businesses will now get up to three years for payment: BB

Earlier, industries could import capital machinery under a 360-day usance term
1 December 2024, 11:09 AM

SS Steel's Q1 profit surges 50% 

The steel manufacturer posts higher cash collections as well 
1 December 2024, 09:29 AM

Stocks begin week with a fall

DSEX lost 15.8 points as of 11:12 am 
1 December 2024, 05:34 AM

Cut import taxes on sunflower, canola oil: Tariff Commission

The Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government reduce import taxes on sunflower oil and canola or rapeseed oil to offer a greater range of cooking oils in the markets..At present, crude sunflower oil importers are required to pay a total of 31 percent
30 November 2024, 18:02 PM

Unlocking fiscal constraints for climate action

Climate change has emerged as a significant risk to sovereign debt sustainability, impacting fiscal stability and growth prospects.
30 November 2024, 18:00 PM