Business

The government has approved the import of 25,000 metric tonnes of refined sugar from Turkey at a cost of Tk 175.98 crore. The approval came during a meeting of the Cabinet Committee on Government Purchase, held on Wednesday at Cabinet Division’s conference room. The meeting was chaired by Finance Adviser Dr. Salehuddin Ahmed. The sugar will be imported through an ...

Tesla has granted Elon Musk an interim pay package worth approximately $29 billion, signaling its determination to retain its high-profile CEO as the company navigates increasing pressure from shareholders, intensifying competition in artificial intelligence, and internal challenges. The electric vehicle maker announced Monday that it would award Musk 96 million Tesla shares as a “good faith” step while it continues ...

For the first time, a plane has landed at the newly constructed third terminal of Hazrat Shahjalal International Airport. The first aircraft to use Terminal 3 is a Boeing 787 Dreamliner of Biman Bangladesh Airlines. The Boeing 787 Dreamliner earned the distinction of being the first plane to land at Terminal 3 on Monday (August 4), using the Passenger Boarding ...

Bangladesh’s export sector posted a strong start to the new fiscal year 2025-26, with earnings soaring by nearly 25% year-on-year in July, according to the latest data from the Export Promotion Bureau (EPB). The country earned $4.77 billion in export revenue during July 2025, up 24.90% from $3.82 billion in the same month of the previous fiscal year. The ready-made ...

The government has mandated online submission of income tax returns for all individual taxpayers for the 2025–2026 assessment year, starting from August 4, 2025. The National Board of Revenue (NBR) issued a special order on Sunday making e-filing compulsory, as part of efforts to modernize and streamline the tax system. However, the directive outlines four specific exemptions. The following categories ...

The Association of Travel Agents of Bangladesh (ATAB) has revoked its membership of Flight Expert, a major online travel agent (OTA), as its CEO fled the country after abruptly shutting down operations. In a press statement issued today, ATAB said that Salman Bin Rashid Shah Sayem, CEO and managing partner of Flight Expert, allegedly locked the company’s office, disabled its ...

Bangladesh is setting its sights on becoming a regional hub for halal products, with the interim government committed to creating a robust ecosystem to support the halal economy, said Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of both the Bangladesh Investment Development Authority (BIDA) and the Bangladesh Economic Zones Authority (BEZA). Speaking at a seminar titled “Halal Economy 360: Driving ...

In a move expected to bring relief to millions of households and small businesses, the Bangladesh Energy Regulatory Commission (BERC) has reduced the retail price of a 12 kg LP gas cylinder by Tk 91, bringing it down to Tk 1,273. The revised price, announced on Sunday, will come into effect from Monday evening across the country. In addition, the ...

Saudi Arabia, Russia, and six other core members of the OPEC+ alliance are expected to approve another oil production hike at their meeting on Sunday, continuing a recent push to reclaim global market share amid strong crude prices. The eight producers — dubbed the “Voluntary Eight” or V8 — have steadily increased output since April. Analysts predict the group will ...

One of Bangladesh’s leading online air ticket booking platforms Flight Expert has suddenly gone offline, leaving thousands of customers and travel agents in uncertainty after paying in advance for tickets. The unexpected shutdown has sparked allegations of financial misconduct and an apparent fallout among the company’s leadership. According to several employees and partner agencies, the company’s top executives, including Managing ...