Skills gap, employer-employee trust deficit, rising operational cost are the major challenges

The import cost is Tk 85 a kg, but the TCB will sell it at Tk 55 a kg

The government is facing significant challenges in as many as six out of nine key economic indicators, said a top chamber yesterday, calling for further actions to improve the scenario.

A tax policy mission of the International Monetary Fund (IMF) yesterday began to work with the National Board of Revenue (NBR) to train taxmen to assess tax expenditures so that the government can eliminate less effective tax exemptions, broaden the tax base and increase revenue collection.

The New York State Supreme Court’s recent ruling in favour of the Bangladesh Bank has brought the country “one step closer” to recovering the stolen funds from the people responsible, according to the central bank.

Bangladesh is yet to derive any benefit from the products granted the status of geographical indication (GI) due to a lack of initiatives from stakeholders although the recognition enhances the reputation of goods, builds consumer confidence and brings in higher prices.

Bangladesh Bank Governor Abdur Rouf Talukder has formally informed the owners of banks that weak lenders will be merged with stronger ones in a year and the banking regulator has got down to working towards it.

Stocks of British American Tobacco Bangladesh (BATB) dropped at Dhaka Stock Exchange (DSE) following the lifting of its floor price yesterday, just as it had occurred for that of Grameenphone on the day before.

The scope for banks to avail Bangladesh Bank’s (BB) repo facility is set to narrow as relevant auctions will be held weekly instead of daily from upcoming July.

The gender gap in the banking industry of Bangladesh narrowed in the second half of 2023, with the number of female bankers in the country rising by 2.2 percent during the period, official figures show.

Proper policies for corporate power purchase agreements (CPPAs) are crucial for the transition towards net zero as those will enable corporations to reduce their carbon footprint by utilising clean energy sources, experts said yesterday.

The global telecommunication sector is passing through an inflection point. Like other mature sectors, such as utilities, the telecom sector has established itself as a provider of vital services to billions of consumers and practically all business establishments.

Finance Minister Abul Hassan Mahmood Ali yesterday refused to accept that inflation is one of the main concerns of the people of the country

Bangladesh shipped $5.18 billion worth of merchandise in February

The government should take action to improve the scenario, the leading chamber says

Bangladesh has the potential to raise non-cotton garment exports to up to $46 billion annually by 2032 if entrepreneurs invest $18 billion to expand their manufacturing capacity as the consumption of apparel made from artificial fabrics is rising rapidly, according to a new study.

Recently I was listening to a YouTube preacher calling all bankers as sinners. A section of people in our society have similar perceptions about bankers. This encouraged me to explore further on this claim. The result I got is something that I like to share.

The government is going to start implementing the newly-formulated mechanism for setting fuel prices in line with global market rates by the end of this month and officials of the energy and finance division believe prices may reduce after the first adjustment.

Bangladesh needs to maintain austerity measures for current global economic vulnerabilities, with the situation deteriorating for wars in different countries, said newly-appointed State Minister for Finance Waseqa Ayesha Khan yesterday.

LafargeHolcim Bangladesh Limited (LHBL), a cement manufacturer, entered the brick business by launching the ‘Holcim Block’ with hopes of grabbing a share of the $3 billion domestic brick market.