- UK and US refuse to sign international AI declaration
- Capital market taskforce recommends modernization of 'Margin Rules, 1999'
- ‘Regional unity only way to confront terrorist Israeli regime’
- Nahid Rana regains full pace after break
- Direct flight between Dhaka and Hanoi discussed
- 607 arrested in 3rd day of 'Operation Devil Hunt’
- Canada vows swift retaliation to Trump tariffs
- Sudan war is world's 'worst humanitarian crisis': AU
- Adviser Farida for developing vaccines locally
- Verdicts of 3-4 cases related to July killings by Oct: Law adviser
- Bangladesh 2nd most experienced team in Champions Trophy
- Trump warning 'further complicates' Gaza truce: Hamas
- EU chief announces 200-bn-euro AI investment push
- World Bank renews support for Bangladesh reformations
- Fiorentina blast racist abuse of Italy striker Moise Kean
- Ireland wants to help Bangladesh in democratic transition
- DSE records year’s highest turnover
- Esports Olympics to debut in Saudi Arabia later than expected in 2027
- CA seeks continued US support for key projects, reforms
- Former Habiganj MP Majid Khan lands in jail
Finance Advisor clarifies reason behind VAT hike
Finance Adviser Dr Salehuddin Ahmed clarified why VAT on various products was increased at the start of the year instead of raising it through the budget. He stated In the July-August uprising, individuals who were seriously injured in the anti-discrimination student movement were given 35 lakh...
Gold prices soar historic high, Tk1.48 lakh per bhori.
Gold prices have reached a historic peak in Bangladesh, with the Bangladesh Jewellers Association (Bajus) raising the price of 22-carat gold by Tk2,928 per bhori. The new price now stands at Tk147,818 per bhori, marking the highest cost ever recorded in the countrys history. The price hike,...
No major price hikes expected during Ramadan: Commerce adviser
Commerce Adviser Sheikh Bashiruddin has assured that commodity prices will not surge during the upcoming Ramadan as the country has a proper import management system and a sufficient stock of essentials. He made the remark at a policy conference titled Reasonable Prices of Food Products:...
Gas hike sparks garment concerns
Business leaders in Bangladeshs textile and garment sector have raised concerns over the recent gas price hike, citing its impact on the already struggling industry. They highlighted ongoing stagnation in garment exports, rising production costs, and disruptions in both import and export...
VAT hike for auto workshops cancelled
The National Bureau of Revenue (NBR) on Monday announced that it has cancelled the decision to hike VAT on auto workshops and motorbike repairing garages by 5 percent to 15 percent, meaning the previous 10 percent VAT rate will be reinstated. It was the governments latest retreat from a decision...
UK to announce significant hike in visa sponsorship fees
The UK Home Office is planning substantial increases in fees for immigration services, including the cost of issuing Certificates of Sponsorship (CoS), a requirement for hiring foreign workers on Skilled Worker visas. Currently, UK employers must provide a CoS for each overseas worker they hire....
Restaurant owners criticize VAT hike Plan, threaten strike
The Bangladesh Restaurant Owners Association (BROA) criticized the governments plan to increase Value Added Tax (VAT) amid the current high inflation, stating that it would directly impact the general people. The leaders of the association issued the warning at a press conference held at a hotel...
Businesspeople in awe
The countrys industrial sector has been grappling with persistent challenges, with no signs of improvement. Difficulties are soaring for local industrialists as they have been struggling for a long time with dollar shortages, high interest rates, labour unrest, and other issues that made it harder...
A political government needed to overcome the economic crisis
The countrys business environment has become increasingly inhospitable, with the economy teetering on the brink of stagnation and crisis. Industrial capacity is dwindling, the devaluation of the taka against the dollar has disrupted raw material imports, and worker discontent is mounting as...
Gas price hikes will have multiple effects on industries
The countrys industrial sector is currently at a standstill. Industrial establishments are closing down one after another. Investors cant make new industries for various reasons. The price of gas is being increased again in this tough time for the industrial sector. The Energy and Mineral Resources...
Turkiye raises minimum wage by 30% for 2025
Labor and Social Security Minister Vedat Isikhan announced that Turkiyes minimum wage will rise to TL 22,104 ($630.36) in 2025, reflecting a 30% increase from the previous year. The decision followed the fourth meeting of the Minimum Wage Determination Commission, held on Tuesday. On Tuesday...
BCB announces salary hike to women cricketers with new central contracts
The Bangladesh Cricket Board (BCB) has approved a salary raise for the womens national cricket team as part of their new central contract for the 2024-25 season. The announcement came following the BCBs 16th board meeting at the Sher-e-Bangla National Cricket Stadium on Saturday, reports UNB....
IMF expresses concern over commodity prices hike in Bangladesh
The International Monetary Fund (IMF) has expressed concern over the continued rise in commodity prices in the Bangladesh market. For this, the organization has advised the interim government to take effective initiatives to reduce commodity prices. The IMF believes that the Bangladesh economy...