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Economy & Industry
Mongla Port Generates Tk 2.1 Billion Revenue in First Half of FY2024-25
Mongla Port has achieved Tk 2.10 billion in revenue during the first six months of FY 2024-25, driven by substantial import and export activities stated in a report.
In this period, 413…
“Made in Bangladesh” Expo to Be Held in Brazil on June 15-18, 2025
The Brazil Bangladesh Chamber of Commerce and Industry (BBCCI) is set to host the inaugural "Made in Bangladesh Exhibition-2025" in São Paulo, Brazil, from June 15 to 18. This landmark event…
Inclusive Payment Ecosystem with ‘EkPay’ Launched by ICT Division
The ICT Division is advancing efforts to create a seamless and inclusive payment system through the payment aggregator 'EkPay.' This platform allows users to conveniently pay utility bills,…
Mid-Year VAT Hike Stuns Consumers And Businesses
In a surprising move, the National Board of Revenue (NBR) has implemented a significant hike in value-added tax (VAT) and supplementary duty (SD) on nearly 100 goods and services, effective…
Listed Companies’ Profits Decline 24% Amid Economic And Political Challenges
Listed companies in Bangladesh experienced a significant 24% profits decline, year-on-year during January to September 2024, driven by an economic slowdown and widespread political…
Interest Rates On Savings Certificates Set To Rise Above 12%
The interim government is poised to deliver some much-needed relief to fixed-income groups by raising the interest rates on savings certificates to over 12%. This decision comes as inflation…
November Sees 44 lakh Drop in Mobile Internet Users
Bangladesh saw a significant drop of 44 lakh mobile internet subscribers in November, bringing the total number of mobile internet users down to 13.28 crore from October, according to data…
NBR Set To Double Taxes On Motorbike, AC, And Refrigerator Manufacturers By FY26
The National Board of Revenue (NBR) is preparing to double the existing tax rate for companies manufacturing motorcycles, refrigerators, air conditioners, and compressors, according to…
NBFIs’ Bad Loans Soar To Record 36% Of Total Lending
Non-bank financial institutions (NBFIs) in the country are grappling with an alarming rise in defaulted loans, reaching a record 36% of total disbursed loans by September 2024. The sector…
Direct Tax Expenditure Drops To Tk 1.15 Lakh Crore In FY22
Bangladesh's direct tax expenditure, which includes subsidies such as rebates, exemptions, and reduced rates, declined by 8 percent year-on-year to Tk 1.15 lakh crore in fiscal year 2021-22.…