The Bangladesh Sustainable and Renewable Energy Association yesterday urged the interim government to reconsider its cancellation of 31 letters of intent that the past regime had signed with potential investors in solar power projects without adopting any tender process...A letter of

Deposit and investment growth in the country’s Islamic banks fell to a four-year low in the first quarter of 2025, apparently driven by rising public concerns over the financial stability and governance practices of the commercial lenders.

Textile millers have demanded the withdrawal of the 2 percent advance income tax (AIT) on cotton imports within a week, warning of possible factory closures otherwise..Speaking at a press conference organised by the Bangladesh Textile Mills Association (BTMA) at the Gulshan Club in Dhaka y

But 25% of the interest income must go to the Investors’ Protection Fund, says a July 3 gazette

The national semiconductor taskforce has charted a roadmap to unlock the country’s potential in semiconductors, focusing on three priority areas — skills development, business environment and policy support, and global linkages...As per the roadmap, the plan includes training program

Local cosmetics makers have warned that the industry faces an uncertain future unless stricter controls are introduced to stop smuggling and misdeclared imports.

The finance ministry yesterday sent four top officials of the National Board of Revenue (NBR) into retirement on ‘public interest’.

Bank branches, booths, hotels, and gift shops are now formally allowed to apply to the central bank for a limited money changer licence by paying a Tk 50,000 fee..In detailed guidelines on the matter issued yesterday, the central bank stated that it has permitted certain entities to operat

Local banks can now lend up to 60% of project cost to foreign firms

The Anti-Corruption Commission (ACC) has initiated another formal inquiry into allegations of corruption and irregularities, including illegal amassing of wealth, abuse of authority, and favouritism, against five more senior officials of the National Board of Revenue (NBR).

Eleven more banks that were hit by irregularities and scams during the Awami League government’s tenure are set to undergo an asset quality review (AQR) by global audit firms.

NBR officials’ work abstention hampering export, import activities, they say

Energy Adviser Fouzul Kabir Khan will head the panel

The lowest price payable for a broadband internet connection needs to be Tk 800, not Tk 400 as per a policy drafted recently, said service providers, offering to reciprocate by raising the minimum speed to 50 Mbps..The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided t

Finance ministry sits with different banks to find ways to boost investment in stock market

The interim government has finally scrapped the controversial provision allowing the legalisation of undisclosed income through the purchase of apartments and land in the upcoming fiscal year.

The business process outsourcing (BPO) industry in Bangladesh, once known solely for voice-based customer service and back-office support, is cautiously but steadily embracing artificial intelligence (AI) to stay relevant in an evolving global market...This shift was evident at the r

Finance Adviser Salehuddin Ahmed has defended the interim government’s conservative budget strategy, pushing back against economists’ criticism that it follows an “old road”..“A highway is born out of the old road. Every new highway begins as a rural path,” Ahmed said yesterday, after the

This time, they will observe the strike for three hours beginning at 9 am on June 23

The draft has already been sent to the task force committee