Economy & Industry
Local Electronics and Mobiles May Face 2.5-5% VAT Rise Next Fiscal Year
The National Board of Revenue (NBR) is deliberating changes to tax exemptions for domestic manufacturing sectors, including mobile phones, electronics, and home appliances....
markediumMarch 31, 2024
Government Targets Cashless Economy by 2031
With the vision of modernization and financial digitization, Bangladesh’s government has announced an ambitious plan to transition the entire country to a cashless...
markediumMarch 26, 2024
Draft AI Law to formulated by September: Law Minister
Towards adapting to the era of artificial intelligence (AI), Bangladesh’s Law Minister, Anisul Huq, has reportedly announced ambitious plans to draft comprehensive legislation...
markediumMarch 24, 2024
US-bound Garment Exports Double in Five Years
Despite facing various challenges, Bangladesh’s garment exports showcased resilience in 2023, navigating through global uncertainties, trade tensions, and the ongoing pandemic. In the...
markediumJanuary 26, 2024
Chittagong Port’s RMG Exports Surge by 21.75% in H1 FY24
Bangladeshi garment exports have experienced a substantial surge, registering a 21.75% volume increase and a 16% rise in value during the initial six...
markediumJanuary 26, 2024
Five Banks Managed Half of Defaulted Loans in June Last Year
In a recent report by Bangladesh Bank, the banking sector faces heightened concerns as defaulted loans concentration spikes by 30% among the top...
markediumJanuary 26, 2024
Imad Fakhoury joins International Finance Corporation as Regional Director
Imad N Fakhoury, appointed as the Regional Director for South Asia by the International Finance Corporation (IFC), a key member of the World...
markediumJanuary 25, 2024
UN Expects Global Tourism Rebound By 2024, Driven By Asia
In a recent report by the World Tourism Organization (WTO), the global tourism industry is poised for a strong comeback, with international tourism...
markediumJanuary 25, 2024
Bangladesh set to become the 20th largest economy by 2038
As per the recent projections from the Centre for Economics and Business Research (CEBR), Bangladesh is set to become the 20th largest global...
markediumJanuary 2, 2024
BBS: Household Income Doubles in Six Years
The Bangladesh Bureau of Statistics (BBS) released the Household Income and Expenditure Survey (HIES) 2022 report, showcasing remarkable progress in the country’s economic...
markediumDecember 30, 2023
