Business

Foreign Affairs Adviser Md Touhid Hossain, who is now in China on an official visit, on Thursday (January 23) laid emphasis on narrowing trade gap and fostering regional connectivity with China to promote equitable growth, reports BSS. He made the remarks while delivering a keynote address at a seminar titled “Our Shared Vision for Peace, Stability, and Prosperity” at Shanghai ...

Country’s renowned economist Dr Zahid Hussain has said the country needs a reform-based budget in the next fiscal year (FY26) where the present interim government might highlight the progress in the reform initiatives especially in the economic fronts. “I think we need a reform-based budget… We earlier got many big size budgets, but those didn’t highlight the reform initiatives… If ...

The wealth of billionaires worldwide grew three times faster in 2024 than the previous year, with four new billionaires emerging each week, according to a report by Oxfam International. Released to coincide with the opening of the World Economic Forum (WEF) in Davos, Switzerland, the study predicts the emergence of at least five trillionaires within the next decade, a stark ...

Latonya Skye-Paterson had no idea a Child Trust Fund had been set up for her until her college tutor suggested she check online. “I found I had £955 in there, which is a lot. A lot more than I was expecting… it helped me so much,” she said. New figures suggest £1.4bn belonging to 728,000 people is ready to be ...

Bangladesh Bank has relaxed the travel restrictions on employees of banks. Now, there is no legal bar for their visit to foreign countries. Bankers will now be able to go abroad for official and personal reasons without taking permission from the central bank, Bangladesh Bank said in a notice issued on Sunday (January 10). Earlier the central ban issued a ...

Bangladesh Poultry Association (BPA) has placed a set of proposals aiming to protect the country’s poultry industry. In the proposal, BPA suggested formation of a poultry board to ensure a proper system in poultry sector. It also suggested for formulating effective policies at the quickest possible time to stop monopolistic control of corporate organizations, said a BPA press release. The ...

Dr Debapriya Bhattacharya has said that value-added tax (VAT) has been increased ‘inconsiderately’. “We are astonished to see how inconsiderately the value-added tax was increased,” he said while delivering his introductory speech at a symposium titled ‘White Paper and Thereafter: Economic Management, Reforms, and National Budget’ at the Bangabandhu International Conference Centre (BICC) on Saturday. “We did not see any ...

The government has approved separate proposals for procuring one lakh metric tons of rice, two cargos of LNG, 70,000 MTs of fertilizer to meet the growing demand of the country. The decision came at a meeting of the government purchase committee at the Cabinet Division Conference Room at Bangladesh Secretariat on Thursday. Finance Adviser Dr Salehuddin Ahmed was in the ...

The UK economy grew for the first time in three months, driven in part by a boost in trade for pubs, restaurants and the construction industry. Official figures showed an expansion of 0.1% after the economy shrank in each of the two previous months. The return to growth will be a welcome sign for the government after recent turbulence in ...

The Bangladesh Jewelers Association (BAJUS) has announced an increase in gold prices, with the cost of 22-carat gold rising by Tk 1,155 per bhori to Tk 1,39,443. The revised rates will be effective starting Thursday, January 16, according to a press release issued on Wednesday. At the revised rates, 22-carat gold will cost Tk 1,39,443 per bhori (11.664 grams), while ...