The next budget may be slightly smaller than the current fiscal year’s, but non-development spending is expected to rise by over 5 percent due to higher debt servicing costs, food subsidies, and a special allocation for bank reforms.
Leading cement manufacturer Premier Cement Mills PLC's profit fell by a massive 87 percent year-on-year to Tk 3.28 crore in the third quarter of the 2024-25 fiscal year due to higher raw material and finance costs.
Monno Ceramic's profit increased 102 times in the third quarter of the 2024-25 fiscal year, thanks to a rise in revenue and other income.
The European Investment Bank (EIB) has committed to providing €350 million in loans to support renewable energy projects in Bangladesh, with the European Union contributing an additional €45 million in grants.
RAK Ceramics (Bangladesh) Ltd, one of the leading ceramics manufacturers in the country, fell into losses in the first quarter of the financial year 2025 due to higher raw material and manufacturing costs.
Bangladesh recorded the lowest level of exports so far this fiscal year, both in terms of value and growth, in April as the production of apparel, the main export item, suffered in many areas amid an energy crisis.
Falling food prices over recent months have helped cool inflation further in April, according to the Bangladesh Bureau of Statistics (BBS), with economists attributing the easing of price pressures to post-festival effects.
The interim government (IG) is set to present its FY26 budget on June 2. The anticipation is that their budget will depart from the past.
The BCS Taxation Association has called to immediately rescind the draft ordinance that proposes dissolving the National Board of Revenue (NBR) and replacing it with two separate entities -- the Revenue Policy Division and the Revenue Management Division..Under the draft "State Policy and
It is worth looking beyond the immediate economic cost of the IMF loan
The country has a higher supply of sacrificial animals than demand, says Fisheries and Livestock Adviser Farida Akhter
The bank attributed the loss to rising interest expenses and continued non-recovery from loan defaulters
Gas supply was disconnected following a disagreement with the supplier over price
Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel take over..Buffett's success, coupled with his ability to explain his thinking
Meanwhile, the company posted a profit of Tk 1.98 crore in Q3
The lands will be used for future expansion
