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Economy


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DCCI seeks S Korean coop to raise industrial capacity

The Dhaka Chamber of Commerce and Industry on Monday sought enhanced technological cooperation from South Korea to strengthen Bangladesh’s industrial capacity and attract more foreign direct investment...

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Consumers Association of Bangladesh demands withdrawal of VAT, SD

The Consumers Association of Bangladesh has urged the government to withdraw its recent decision to increase VAT and supplementary duties on over 100 essential goods and services, citing its potential to exacerbate inflation and intensify public suffering...

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UK finance minister begins China visit

British finance minister Rachel Reeves began a visit to China on Saturday, seeking to revive dialogue with the world’s number two economy as UK borrowing costs soar.

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VAT, duty hike amid soaring inflation decried

Economists and a consumer rights body have criticised the rise in the value-added tax and supplementary duty on more than 100 products and services midway of the current financial year, saying...

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Foreign firms begin auditing 6 banks

Two foreign audit firms have begun evaluating the asset quality of six banks currently mired in financial irregularities and corruption...

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FBCCI urges Bangladeshis in UK to invest in key sectors

The Federation of Bangladesh Chambers of Commerce and Industry has called on British-Bangladeshi entrepreneurs to invest in Bangladesh’s key sectors, including energy, technology, education, human resource development, the blue economy, and tourism...

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Pvt sector credit growth plunges to 7.66pc

Private sector credit growth in Bangladesh fell sharply to 7.66 per cent in November, the lowest in 41 months, intensifying challenges in the banking sector and the broader economy...