16 non-life insurers fined Tk 83 lakh for irregularities
All but Bangladesh Co-operative Insurance have already paid the fines
29 June 2024
No ray of hope for migrant workers in budget
The government has neglected to outline adequate initiatives in the proposed budget for the next fiscal year to support migrant workers, meaning the country may miss out on opportunities to raise remittance earnings on the back of a higher number of Bangladeshis going abroad.
27 June 2024
Kaus Mia: a role model in a nation where tax noncompliance is rife
The late successful businessman had been one of the highest taxpayers in Bangladesh since 2010-11
25 June 2024
Despite Eid-ul-Azha, broiler chicken prices rise in Dhaka
Prices of broiler chicken had decreased after Eid-ul-Azha last year, apparently due to the increased availability of beef and goat meat, but this year the situation is different in Dhaka.
20 June 2024
Full-scale rawhide trade yet to start
Full-scale rawhide procurement across the country has yet to begin due to rainfall and subsequent delays in animal sacrifices.
19 June 2024
‘High inflation to impact this year’s rawhide collection’
Inflation staying persistently high at over 9 percent for the past two years will lead to a lower number of animals being slaughtered this Eid-ul-Azha, the peak season for collecting rawhides, according to Bangladesh Tanners Association (BTA).
16 June 2024
Essential Commodities: Prices go up ahead of Eid
As Eid-ul-Azha approaches, consumers brace for a hike in the prices of essential commodities, a trend seen all too often ahead of Eids.
14 June 2024
Demand for air ambulances on the rise
The demand for air ambulances has grown steadily in Bangladesh in recent years due to rising affordability and entry of a number of operators.
14 June 2024
How helicopters took Dhaka’s denizens to the skies
Over 10 companies now have 36 choppers due to increased demand
14 June 2024
Record number of sacrificial animals up for Eid sale
A record number of sacrificial animals are up for sale this Eid-ul-Azha due to the surplus of the animals, which were left largely unsold during last year’s Eid.
13 June 2024
Return filing a must for hotels, restaurants and clinics
Nearly five lakh additional establishments are expected to come under the tax net as the government is going to make proof of submission of return (PSR) mandatory for hotels, restaurants, clinics, and diagnostic centres.
13 June 2024
Tax exemption in FY25 rises to Tk 163,000cr
Tax exemptions provided by the National Board of Revenue (NBR) are estimated to rise to Tk 163,000 crore in fiscal 2024-25 as the tax administration looks to ease the pressure on individuals and facilitate higher economic growth.
7 June 2024
Chicken, egg prices rise on supply shortage, higher production costs
The prices of broiler chicken and eggs, staple food sources for protein for many middle and low-income groups, have increased in the country's markets over the past week due to shortages in supply and an increase in production costs.
5 June 2024
Reduce cost of doing business to facilitate investment
Businesspeople in Bangladesh have called for improving the ease of doing business and reducing the cost of production to establish a conducive trade and investment ecosystem.
3 June 2024
FDI slips but stays above $3b
Foreign direct investments to Bangladesh snapped its rising trend in 2023, highlighting the nervousness outside investors face in pumping money into a country whose foreign exchange regime is experiencing one of its worst periods in recent times
29 May 2024
How much of SME potential have we realised?
Policymakers must work together in harmony and place a special focus on SMEs, which accounted for almost 25 percent of Bangladesh's gross domestic product (GDP) in 2018, according to a Planning Division report.
25 May 2024
Challenges abound for aspiring entrepreneurs
Ashit Chowdhury, managing director of AAPON, a manufacturer of shataranji and various jute home decor products, applied for a loan of Tk 30 lakh from a private commercial bank.
24 May 2024
SMEs come together in a show of strength
Imagine walking into a shop and finding products that are identical to those at branded outlets but are being sold for only a fraction of the price levied by the well-known companies.
24 May 2024
Consumption stays low for two straight years as inflation bites
According to a provisional estimate of the Bangladesh Bureau of Statistics (BBS), consumption of goods and services grew 3.53 percent in 2023-24, up from 2.52 percent in the last fiscal year.
23 May 2024
21 life insurers failing to comply with securities investment rule
Twenty-one life insurance companies in Bangladesh have failed to comply with the rule that makes it mandatory for them to invest 30 percent of their assets in government securities, the regulator has found.
21 May 2024