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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…
Unilever Bangladesh, The UK Government And EY Jointly Award Two Bangladeshi Climate Impact…
TRANSFORM, an impact accelerator led by Unilever Bangladesh, the UK Government and EY, today announced grants of up to BDT 10 million each for two Bangladeshi SMEs. The grant winners,…
Banglalink Unveils Groundbreaking AI-Powered Chatbot for Enhanced Customer Experience
Banglalink has solidified its reputation as a trailblazer in digital innovation with the groundbreaking launch of its AI-powered chatbot, designed to transform customer experience like never…
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.…
Bangladesh’s Economic Growth Under Scrutiny As FY24 GDP Estimated At $300 Billion
The estimated size of Bangladesh's GDP for the fiscal year 2023-24 has been recalibrated to around $300 billion, significantly lower than earlier figures of $459 billion. Analysts suggest…
Mobile Talktime and Internet Charges Set to Rise with New Tax Hikes
Mobile phone users are likely to face increased costs as supplementary duty on cellphone usage is set to rise from 20 percent to 23 percent. This hike will push the total burden of…
Inflation Eases In December But Remains Above 10% in Bangladesh
Inflation eased slightly in December but remained above 10 percent for the second consecutive month, continuing to strain the budgets of low and fixed-income households of Bangladesh stated…
Bangladesh’s Economic Growth Plunges to 1.81% in Early FY25
Bangladesh's economy grew by just 1.81% in the first quarter of FY25, its slowest expansion in 14 quarters. The period from July to September was marred by a nationwide uprising that led to…
