A Tk 50 crore industrial estate in tea capital Sreemangal has remained almost abandoned for seven years, with high plot prices, a lack of basic utility services and administrative complications keeping investors away.

Separate cargo villages should be built outside airports with modern storage facilities to tackle the ongoing cargo backlogs, Commerce Minister Khandakar Abdul Muktadir said yesterday.

The Bangladesh Bank yesterday organised a day-long campaign at its headquarters to promote the use of Bangla QR codes for digital payments, with the interoperable system set to become mandatory from July 1 for all merchant payment points.

Repaying a huge amount of accumulated debt has become one of the biggest challenges in rebuilding the country’s economy and creating a new financial framework, as the government’s fiscal space remains limited, Finance Minister Amir Khosru Mahmud Chowdhury said yesterday.

Business leaders have urged the government to withdraw the proposed 0.2 percent advance income tax (AIT) on supplies made to retailers, saying it would create complications for businesses and increase compliance costs.

Bangladesh’s Annual Development Programme (ADP) expenditure fell to a five-year low of 48.23 percent in the July-May period of the current fiscal year due to poor project readiness, procurement and land acquisition delays, and weak coordination among implementing agencies.

Prime Minister Tarique Rahman has invited Chinese companies to expand their manufacturing and supply networks into Bangladesh and co-author the “next great Asian economic miracle.”

Separate cargo villages equipped with modern storage facilities should be built outside airports to tackle the ongoing cargo backlog, Commerce Minister Khandakar Abdul Muktadir said today

The Bangladesh Bank today organised a daylong campaign at its headquarters to promote the use of Bangla QR codes for digital payments, with the interoperable system set to become mandatory from July 1 at all merchant payment points

Bangladesh's development expenditure fell to its lowest level in at least five years during the July-May period of the current fiscal year

Syed Sehab Ullah Al-Manjur has been appointed chief executive officer of United Insurance Company Limited with effect from May 3 this year

The national budget and the finance bill are not merely statements of government income and expenditure; they are key policy instruments that shape the future direction of the economy

The government has allocated Tk 14,996 crore to the Power Division, compared with Tk 2,349 crore for the EMRD

Increased land acquisition costs ultimately become part of the final apartment price paid by consumers

The government should increase public expenditure and tackle corruption concerns with the aim of meeting the growing needs of an expanding population, said AK Enamul Haque, director general of the Bangladesh Institute of Development Studies (BIDS).

The government on Tuesday launched the Online Pension Tracking and Management System, initially piloting it at the Ministry of Public Administration before a planned rollout across all ministries, attached departments and field offices.

As global fashion turns away from fossil-fuel-based fibres, Bangladesh has a rare chance to stitch its past and future together through jute. That opportunity will not last forever.

SK Hynix’s overtaking of Samsung Electronics to become South Korea’s most valuable firm was the culmination of 14 years of bets that brought it skepticism and scorn but ultimately put it at the centre of the global AI gold rush.

Industry leaders say the inclusion of 77 raw materials under new or expanded duty concessions will help reduce procurement uncertainties

The SME Foundation has called for a unified tax regime for micro, small and medium enterprises (MSMEs), saying that several government policies providing tax exemptions and incentives for the sector are not being adequately implemented.