Foreign firms pour most of their money into non-industrial areas as industrial zones face gas shortages and unfinished infrastructure

The foreign companies managing the Laldia Container Terminal and the Pangaon Inland Container Terminal will receive full tax exemption for 10 years at the terminals, Md Abdur Rahman Khan, chairman of the National Revenue Board (NBR), disclosed yesterday.

Bangladeshi drugmakers said visa complications and regulatory delays in India are increasingly hindering business growth, restricting access to technology and high-value partnerships just as the local pharmaceutical sector pushes to expand globally.

Social dialogue, a widely practised method for resolving industrial disputes, must be institutionalised across all industries so that negotiations can effectively bridge differences such as those surrounding the recently amended labour law, said labour leaders, industry owners and experts yesterday.

Bangladesh has been suffering from a mix of micro and macroeconomic pressures since August 2024. The banking sector, already weakened over many years, is now in trouble, marked by a capital shortfall, soaring non-performing loans (NPLs), and corruption.

The value of bitcoin has fallen sharply since reaching record heights last month, briefly falling below $90,000 on Tuesday compared with above $126,000 at the start of October.

The new draft rules on initial public offerings (IPOs) are complex and discouraging for investors and entrepreneurs, according to stakeholders.

Bangladesh must urgently transition to a sustainable and investment-ready energy system to protect industrial growth and ensure economic stability, experts said at a policy dialogue today..The dialogue, titled “Enabling Bangladesh’s Growth and Prosperity: Developing a Sustainable Power

The country’s apex trade body, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), is struggling to assist the government in policy-making and serve the business community due to a leadership crisis caused by the absence of elections, according to business leaders.

Bangladesh faces immediate inflation risks due to the loss of Aman paddy in some areas from adverse weather, increased spending by candidates ahead of the national election, and the upcoming month of Ramadan.

No other bank in the country has come close to this scale of financial damage.

Private lender AB Bank has urged Bangladesh Bank (BB) to provide an additional Tk 2,000 crore in liquidity support to cope with increasing deposit withdrawals amid an asset quality review and the merger of five other commercial banks.

The National Board of Revenue is likely to extend the deadline for submitting income tax returns by one month to December 31 amid a slower-than-expected mandatory online filing.

Mutual funds play a vital role in modern capital markets. By pooling savings from thousands of small investors and investing them in diversified portfolios of stocks and bonds, they help make the market more efficient, liquid and stable. For ordinary investors, mutual funds offer a simple way to take part in the market without having to research or monitor individual securities.

The government, in collaboration with the United Nations, has launched a platform today aimed at strengthening Bangladesh’s supply chains to support sustainable and inclusive economic growth as the country prepares to graduate from the least developed country (LDC) category next year..Name

The development comes despite opposition from businesses, as they think allowing trade unions with such a low number of workers may affect stability

International payment card networks, including Visa, Mastercard, American Express and UnionPay, might soon be required to register as companies in Bangladesh to continue operating here under new regulations drafted by the central bank.

South Korean conglomerate Samsung unveiled on Sunday a plan to invest $310 billion over the next five years mostly in technology powering artificial intelligence, aiming to meet growing demand driven by a global boom.

India said Monday it had signed a “significant” deal that will see the United States supply nearly 10 percent of the Asian giant’s liquefied petroleum gas (LPG) imports, as it seeks to diversify its energy sources.

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