FY27 budget may fast-track business licensing within 7 days
FY27 budget may fast-track business licensing within 7 days

The government is likely to reform the approval and licensing process for businesses in the FY2026-27 budget, aiming to complete the process within seven days, reports TBS. Officials believe the move would simplify business start-up procedures and help create a more investment-friendly...

Pavement businesses will increase pressure on city life
Pavement businesses will increase pressure on city life

Debate has erupted over the initiative to introduce a new policy for managing street vendors in the capital. Experts say that allowing hawkers to conduct business on pavements at minimal cost, while lawful shop owners pay taxes, VAT and high rents, could create unfair competition and a new form of...

Minimum tax despite losses a burden for businesses
Minimum tax despite losses a burden for businesses

Anwar-ul Alam Chowdhury Parvez, President of the Bangladesh Chamber of Industries (BCI), has said that businesses are required to pay a minimum turnover tax of 1 percent even when they incur losses, describing it as a burden on enterprises. He also noted that many foreign buyers are suspending...

Ominous signs for business and investment
Ominous signs for business and investment

An ominous warning has emerged for business and investment in the country amid an ongoing energy crisis. Shortages of gas, electricity and fuel have now reached a severe level in the industrial sector. In particular, the ready-made garments (RMG) industrythe main source of export earningsand its...

Kepler launches orbital computing tests with Sophia Space
Kepler launches orbital computing tests with Sophia Space

For all the hype about data centers in space, there just arent very many GPUs up there. As that starts to change, the near-term business of orbital compute is starting to take shape. The largest compute cluster currently in orbit was launched by Canadas Kepler Communications in January, and...

French envoy stresses fair business climate to attract EU firms to Bangladesh
French envoy stresses fair business climate to attract EU firms to Bangladesh

French Ambassador to Bangladesh Jean-Marc Séré-Charlet on Monday highlighted the importance of ensuring a fair and level playing field to encourage greater engagement of European companies in Bangladesh. France looks forward to working closely with the new government to deepen cooperation and...

Budget should favour business and investment, not taxes
Budget should favour business and investment, not taxes

Bangladeshs economy currently navigates an unavoidable crisis as the government begins drafting the national budget for the next fiscal year. High domestic inflation and a persistent dollar shortage, coupled with geopolitical instability in the Middle East, have weakened the countrys...