Business

Foreign Minister Dr Khalilur Rahman on Saturday said Bangladesh must compete more aggressively to maintain and expand its export market share as slowing global growth, rising trade barriers, climate vulnerabilities and shifts in global trade and investment patterns reshape the international economy. “We will need to compete ever more fiercely in order to maintain and expand our export position,” he ...

The Bangladesh Jewellers Association (Bajus) has increased the prices of gold and silver in the local market following a rise in the price of pure gold. BAJUS announced the latest adjustment through a statement on Saturday morning with the new rates coming into effect from 10am, according to a notification signed by Dr Dewan Aminul Islam Shaheen, chairman of the ...

Bangladesh’s industrial sector is facing mounting pressure from multiple challenges, including global economic uncertainty, energy shortages, declining orders, and persistent power outages. As businesses struggle to survive, factories are shutting down almost every month, raising concerns about widespread job losses across the country. Industry owners say many factories are operating at a loss due to reduced production. To cope with ...

Bangladesh Bank (BB) Governor Md Mostaqur Rahman has said there is no illegal government interference in Islami Bank and that the central bank has not engaged in any irregular intervention in its operations, dismissing allegations circulating on social media. Speaking at a post-budget press conference at Osmani Memorial Auditorium in the capital on Friday, the governor said neither Bangladesh Bank ...

The Centre for Policy Dialogue (CPD) has identified the target to achieve the proposed revenue collection of Tk 695,000 crore and bringing inflation down to 7.5 percent as the biggest challenges in implementing the national budget for fiscal year 2026-27. Finance Minister Amir Khosru Mahmud Chowdhury on Thursday unveiled a record Tk 938,000-crore budget, the largest in Bangladesh’s history. Reacting ...

The government has set a target to significantly raise Bangladesh’s revenue collection over the next five years, aiming to strengthen fiscal stability and reduce debt vulnerability. According to the budget speech, the revenue-to-GDP ratio and tax-to-GDP ratio currently stand at around 8% and 6.8% respectively. The government plans to increase these figures to 11% and 9.6% by FY2030–31 through comprehensive ...

Shops, markets and shopping malls across Bangladesh will be allowed to remain open until 9:00pm from Thursday under revised operating hours announced by the government, according to the Bangladesh Shop Owners Association. The association’s President Md Helal Uddin said the decision was communicated by the Ministry of Power, Energy and Mineral Resources. “The minister has informed us that, effective from ...

Prices of several consumer commodities, including cigarettes, nicotine products, imported cashew nuts, premium frozen fish and luxury goods, are likely to rise if the proposed national budget for FY2026–27 is approved. Finance Minister Amir Khosru Mahmud Chowdhury is scheduled to present the Tk9.38 lakh crore budget in the Parliament at 3:00pm on Thursday (11 June). According to budget proposals, the ...

Gold prices in Bangladesh fell sharply again on Thursday as the Bangladesh Jewellers Association (BAJUS) reduced the price of 22-carat gold by Tk4,432 per bhori, a day after announcing a major cut. Under the revised rates, one bhori (11.664 grammes) of 22-carat gold now costs Tk218,350, down from Tk222,782. BAJUS announced the latest adjustment through a statement on Thursday morning ...

The government plans to reduce source tax on 60 essential agricultural and consumer products in the proposed FY2026-27 budget in a move aimed at easing the cost of living and containing inflation. The proposal covers a wide range of daily necessities, including rice, lentils, edible oil, onions and other basic commodities that households regularly consume. According to National Board of ...