Two entities of Square Group -- Square Pharmaceuticals and Square Textiles -- reported positive growth in the third quarter of the 2024-25 fiscal year.
The authorities have formed a national committee to examine the feasibility of establishing free trade zones (FTZs) -- designated areas where goods can be imported, processed, and re-exported without interference from customs authorities.
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the government to provide policy support to restore confidence in trade and commerce in the fiscal year 2025-26.
Bangladesh’s foreign exchange reserves have reached the $22 billion mark after several months, thanks to an increased inflow of foreign currency generated by remittances and export earnings.
The hike in US tariffs is likely to put pressure on the banking sector, said business leaders and bankers in a dialogue yesterday.
The Bangladesh Securities and Exchange Commission (BSEC) has suspended 21 of its officials for misconduct and breaches of discipline during a protest in March against the commission’s senior leadership.
In spite of a government directive given in December 2023 for increasing minimum wages in the readymade garment (RMG) sector, nearly one third of factories have failed to implement a revised pay scale, according to a new study.
The Bangladesh Securities and Exchange Commission (BSEC) has decided to focus on facilitating initial public offerings (IPOs) of well-performing local, multinational, and state-run companies in order to boost investors’ confidence.
The Bangladesh Securities and Exchange Commission (BSEC) has suspended 21 officials over allegations of misconduct and disciplinary breaches during a protest against the top brass of the market regulator in March this year.
Bangladesh’s economy is showing early signs of recovery after two years of sustained macroeconomic stress.
The interim government of Bangladesh is drafting a tax exemption policy, prohibiting both the government and the National Board of Revenue (NBR) from allowing tax exemptions.
Handset production in Bangladesh declined significantly in the first quarter of 2025 as the grey market continued to dominate the domestic market.
The government has fixed the power tariff at Tk 8.45 ($0.766) per kilowatt-hour for the coal-fired Matarbari 1,200MW Ultra Super Critical Power Plant.
The Bangladesh Bureau of Statistics (BBS) is set to introduce a Quarterly Index of Service Production in a bid to measure the short-term growth of Bangladesh’s service sector—now the dominant contributor to GDP.
The readymade garment (RMG) sector is grappling with a range of internal challenges, including rising interest rates, soaring energy costs, and unreliable gas and electricity supplies, all of which are taking a heavy toll on productivity and profitability.
Mutual Trust Bank (MTB) saw its profit rise in 2024, driven by steady growth across its operations. The bank has recommended a 10 percent stock dividend to strengthen its capital base and sustain business expansion.
Bangladesh Steel Re-Rolling Mills (BSRM) reported a significant increase in profit in the third quarter of fiscal year 2024-25.
Several hundred tax and customs officials staged a demonstration at the National Board of Revenue (NBR) headquarters in Dhaka today, demanding revisions to a draft ordinance that proposes dividing the board into two separate divisions and allowing top appointments from outside the revenue cadre.
