Bangladesh’s textile sector needs adequate funds, technology and policy support to ensure a circular economy, which will be a major requirement to export products to western countries in upcoming years, experts said yesterday.

The National Board of Revenue (NBR) has provided exemption to the withholding tax on the interest earnings of foreign lenders who are lending to local firms for three months, according to a notification.

Once again, Transcom Group Chairman Shahnaz Rahman has been named one of the 76 highest taxpayers in the country

MJL Bangladesh PLC, one of the leading private lubricant marketers, plans to invest $32.5 million, or Tk 350 crore, to purchase a newly-built tanker and provide rental services to private liquefied petroleum gas (LPG) companies.

Bangladesh received 41 percent lower equity capital from foreign investors in fiscal year (FY) 2022-23 compared to a year ago

much-awaited deal with a Saudi firm to operate the newly-built Patenga Container Terminal (PCT) at the Chattogram port to be signed tomorrow

construction activities in Bangladesh usually peak during the dry season from November to March, steel millers are concerned about the reduced demand for 60-grade mild steel (MS) rods

The government has cut the land transfer tax in certain areas of Dhaka and Chattogram districts in order to make it affordable, encourage the registration of property transfers and increase revenue collection.

Bangladesh is expected to receive more than $1 billion in budget support from the Asian Development Bank (ADB) and the International Monetary Fund (IMF) next week, which could bring some relief to the nation’s dwindling foreign currency reserves.

Inflation decelerated by 44 basis points to 9.49 percent in November led by a decline in both food and non-food prices.

Food inflation slipped to 10.76 percent last month from 12.56 percent in October.

Bangladesh's proposal to get the second tranche of the International Monetary Fund's $4.7 billion loan has been placed for approval at the multilateral lender's board meeting slated for next week.

The government is going to hold a dialogue today on the latest labour rights situation as both the US and the European Union (EU), two major export destinations, are putting pressure for implementing commitments made in a National Action Plan (NAP).

Investment dropped 20.8 percent year-on-year to $2.33 billion in FY 2022-23, it was $4.5 billion in 2018-19

The inflow of remittance to Bangladesh increased 21 percent year-on-year to $1.93 billion in November as most banks are offering higher rates for the US dollar to boost foreign currency collection.

With traders cutting prices of beef, cattle traders are offering lower prices to farmers

Nearly 1,000 workers of Dird Composite Textiles Ltd staged a sit-in in front of the Department for Inspection of Factories and Establishments (Dife) and the Department of Labour (DoL) yesterday, demanding arrears amounting to nearly Tk 70 crore.

RFCD accounts can be opened in any approved foreign currency such as the US dollar, the euro, the pound sterling, Japanese yen and others

India has greenlit four new air routes that connect the country's north-eastern states with international destinations, including Dhaka and Chattogram, under a project for improving regional air connectivity called "Udan".

Migrant workers sent home $1.93 billion in November this year, which was $1.59 billion in the same month last year.