Small businesses, daily earners scorched by heatwave
After parking his motorcycle and removing his helmet, a young biker opened a red umbrella and stood on the footpath.
1d ago
Rice prices unlikely to fall from current level
Yesterday, the price of coarse grain, the benchmark variety, was 6.25 percent higher year-on-year, reaching Tk 50 to Tk 52 per kilogramme at retail markets in Dhaka.
1w ago
FBCCI's plea for tariff protection devoid of reality
On April 4, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to pay attention to ensuring reasonable protection from customs tariffs for the sake of employment and promoting domestic industries, services and small and medium enterprises.
2w ago
News Analysis: BB’s feeble fight against loan defaulters
The central bank has already unveiled a framework to address vulnerabilities in the banking sector, rein in non-performing loans (NPLs) and punish wilful defaulters.
2w ago
Solar power that once lit up rural homes is dimming
In 2021, some 2.25 percent of the population used SHSs. The number declined to 1.81 percent in 2023, according to a recent survey report of the Bangladesh Bureau of Statistics (BBS).
3w ago
Tax on provident funds' income: One country, dual policy
A provision in the Income Tax Act 2023 created the discrimination
1m ago
Ageing in Bangladesh: Are we ready for more social spending?
The dependency ratio of the people who are over 65-plus years rose to 9.4 percent in 2023 from 8.6 percent in 2022.
1m ago
More households use refrigerators, ACs as income grows
Here, the steady growth of Bangladesh’s economy -- around 6 percent annually -- for the last two decades, and subsequent increases in overall buying capacity, played a big role. Another factor is the increasing domestic assembly of these items by local companies.
1m ago
March 15, 2024
IMF suggests raising tax-free income limit to Tk 5 lakh
The International Monetary Fund has suggested the National Board of Revenue (NBR) restructure the personal income tax slabs and increase the tax-free income limit to Tk 5 lakh from the existing Tk 3.5 lakh.
March 14, 2024
Costlier loans hand yet another blow to entrepreneurs
For the past two and a half years, entrepreneurs in Bangladesh have been facing numerous hurdles, beginning from a dollar shortage and a sharp rise in import costs for their escalated rates in global markets and the depreciation of the taka.
March 7, 2024
Women outnumber men in farming sector
More women are joining the agriculture sector in Bangladesh as their job opportunities in industries, especially garment factories, have stagnated and men switch to non-farm sectors amid increased mechanisation of farming activities
March 7, 2024
Profitability in farming on the decline: study
Farmers are registering reduced profitability from paddy cultivation due to tightening of the rural labour market and declining real prices for the cereal grain, according to a joint study by two international research organisations.
February 27, 2024
Wheat import rebounds to two-year high
Bangladesh’s wheat imports recovered and hit a two-year high in the first seven months of the fiscal year as prices of the grain cooled and demand from local industries soared.
February 24, 2024
Inflation edges up despite monetary tightening. Why?
Bangladesh's annual average inflation crept up to 9.59% last month, way above the central bank's revised target of 7.5% for the financial year ending in June
February 21, 2024
MFS transactions grow fourfold in five years
People made Tk 4,100 crore MFS transactions in 2023's December
February 20, 2024
M&A transactions amounted to at least $2.5b in 18 years
Bangladesh registered at least $2.5 billion in funding from investors for mergers and acquisitions (M&A) of firms since 2005, according to a recent study, which says there is room for growth in terms of M&A in Bangladesh although the volume is modest in comparison with regional counterparts.
February 16, 2024
Turkish Coca-Cola Icecek acquires Coca-Cola Bangladesh for $130m
Turkish beverage company Coca-Cola Icecek (CCI) has signed a deal to acquire Coca-Cola Bangladesh Beverages Ltd (CCBB) for $130 million.
February 16, 2024
Turkish Coca-Cola Icecek acquires Coca-Cola Bangladesh Beverages for $130m
Turkish beverage company Coca-Cola Icecek (CCI) has signed a deal to acquire Coca-Cola Bangladesh Beverages Ltd (CCBB) for $130 million.
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