Business

The government on Tuesday approved a proposal to procure 40,000 metric tonnes of bulk granular fertiliser from Saudi Arabia in the current fiscal year (FY26) to meet rising domestic demand. The approval came at the first meeting of the Advisers Council Committee on Government Purchase this year, held at the Cabinet Division Conference Room at the Secretariat, with Finance Adviser ...

The government has decided to import 180,000 metric tons of diesel from India’s state-owned Numaligarh Refinery Limited (NRL) for the period January to December 2026, at a total cost of Tk 1,461.76 crore. The funds will be arranged through Bangladesh Petroleum Corporation’s (BPC) budget and bank loans. The approval was given at a meeting of the Advisory Council Committee on ...

Industry discounts for electric vehicles are “unsustainable”, a major motoring group has warned, as the number of new cars registered in the UK exceeded two million last year for the first time since the pandemic. Nearly 500,000 of the new cars sold were electric, according to figures from the Society of Motor Manufacturers and Traders (SMMT). SMMT chief executive, Mike ...

The ongoing political tension between Bangladesh and India will not affect the country economy, said Finance Adviser Dr Salehuddin Ahmed on Tuesday. Salehuddin made the remarks after attending a meeting of the Cabinet Committee. ”What happened with cricketer Mustafiz is very unfortunate. We did not initiate such an issue. However, the political tension between India and Bangladesh will not have ...

The Asian Development Bank (ADB) has committed $2.57 billion in new sovereign financing to Bangladesh in 2025, more than doubling its 2024 commitment of $1.18 billion. The 2025 programme targets priority investments in energy, transportation, banking reforms, urban services, climate resilience, small and medium-sized enterprises (SMEs), and the improvement of livelihood and services in Cox’s Bazar. This year’s sovereign lending ...

Bangladesh Jewellers Association (BAJUS) has raised gold prices in the domestic market, increasing the rate of 22-carat gold by Tk 2,216 per bhori. As a result, the price of 22-carat gold has been fixed at Tk 224,940 per bhori. BAJUS announced the decision in a press release issued on Sunday night, stating that the revised prices will come into effect ...

The National Board of Revenue (NBR) registered 131,000 new value-added tax (VAT) payers in December through a special nationwide campaign aimed at expanding the VAT net and strengthening domestic revenue mobilisation. The achievement followed the observance of VAT Day on December 10 and VAT Week from December 10 to 15, 2025. This year’s VAT Day theme ‘Register on time, pay ...

UK house prices fell unexpectedly in December, according to a top mortgage lender, with the market finishing the year with the weakest annual growth in more than 18 months. The average property price slumped by 0.4% to £271,068 compared with November, according to Nationwide, confounding City forecasts of a 0.1% rise. The UK’s biggest building society also said that the ...

The Planning Ministry, entrusted with steering Bangladesh’s development agenda, ends 2025 under mounting criticism over its persistent failure to accelerate public project implementation, culminating in what officials privately describe as a record-low implementation pace under the Annual Development Programme (ADP). Despite repeated assurances, reform pledges and frequent high-level review meetings, the ministry closed the year with chronic delays, persistent underspending ...

Now the retail fuel prices has been cut in the domestic market as the government has announced new price for fuel oil, reducing by Tk 2 a litre from January 1. A notification issued by the Energy and Mineral Resources Division early Thursday stated that the prices of diesel, octane, petrol and kerosene have been reduced to Tk 102, Tk ...