Japan's central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises accelerated in December. The move by the Bank of Japan (BOJ) to raise its short-term policy rate to "around 0.5 per cent" comes just hours after the latest

The National Board of Revenue (NBR) today (Jan 22) issued four separate notifications canceling the proposed tax increases on mobile bills, restaurant dining, medicine purchases, and broadband internet services. Besides, planned VAT hikes on non-branded clothing and vehicle repair

Incoming first lady Melania Trump has launched a cryptocurrency on the eve of her husband's inauguration as US president. The announcement comes a day after President-elect Donald Trump launched the $Trump cryptocurrency. Both coins have risen but have seen volatile trade.

Bangladesh received $1.21 billion (Tk 14,844cr) in remittances during the first 18 days of January 2025. Bangladesh Bank on Sunday (January 19) revealed this report.  According to the report, an average of $67.05 million in remittance was sent daily during the period.

Debapriya Bhattacharya, who led the committee behind the White Paper on Bangladesh's economy, has said the interim government has increased value-added tax (VAT) "inconsiderately".  "We are astonished by how carelessly VAT has been raised," he said during

Toyota subsidiary Hino Motors has agreed to pay $1.6bn (£1.3bn) and plead guilty to deceiving US regulators about the amount of emissions produced by its diesel engines. The truck company will also be banned from exporting its diesel engines to the country for five years. It

“The future does belong to ICT.” BRAC Bank’s managing director and CEO, Selim RF Hussain, reaffirmed his belief in front of an audience of over 200 at the 9th BRAC Bank-The Daily Star ICT Awards 2024. BRAC Bank believes in integrity, innovation, and inclusiveness.

The interim government has decided to halt plans to increase VAT on mobile bills, medicines, and restaurants, according to Mohammad Belal Hossain, a member of the National Board of Revenue (NBR), and Barrister Md Badruzzaman Munshi, the organization’s Second Secretary. The

Jewellers have raised the price of 22 carat gold by Tk1,155 to Tk1.39 lakh per bhori (11.664 grams) due to a hike in the price of pure gold in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jeweller’s Association (BAJUS) made the

A Dhaka court has ordered the freezing of 68 bank accounts and the seizure of 16 immovable properties owned by S Alam Group Chairman Md. Saiful Alam and his family. The Metropolitan Senior Special Judge, Md. Zakir Hossain Galib, issued the order on Tuesday (Jan 14) following a petition

Bangladesh signed a Memorandum of Understanding (MoU) with Pakistan today (January 14) for the import of rice. The agreement was signed between the Directorate General of Food, Bangladesh, and the Trading Corporation of Pakistan (TCP). Mr. Md. Abdul Khaleque, Director General of the

Electric car sales rose by 25 percent globally last year, surging in China but slowing in Europe, according to figures published Tuesday by the British consultancy Rho Motion. A record 17.1 million battery electric vehicles (excluding plug-in hybrids) were sold last year across the

A high-level business delegation of 30-member from Pakistan has arrived in Dhaka for a five-day visit starting January 11.  The delegation from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is visiting Bangladesh at the invitation of the Federation of

While country’s economy is on a path of improvement, the instability in the essential commodity market remains a major challenge for society. The unavailability and price hikes of essential goods are increasing the daily expenses of the general population. Due to high prices, many

The Japan International Cooperation Agency (JICA) has signed an agreement with Bangladesh’s Economic Relations Division (ERD), the Ministry of Environment, Forest, and Climate Change (MoEFCC), and the Bangladesh Forest Department (BFD) to implement a groundbreaking project aimed at

Bangladesh Bank governor Dr. Ahsan H. Mansur today (January 11) said that the government plans to hire international lawyers to recover laundered money.  He also said: "Commission will also be offered as an incentive for recovering large sums of money." Dr. Mansur

An increase in industrial gas prices will inevitably result in higher consumer prices, warned former FBCCI president Abdul Awal Mintoo.  He urged the government to address illegal gas connections and curb wastage as measures to control the rising fuel subsidy burden. BNP leader

Trade Adviser Sheikh Bashiruddin today (Jan 8) said Trading Corporation of Bangladesh (TCB) from now on will conduct its activities through 'Smart Family Card' instead of paper management. He made the remark during inaugration programme of TCB's Smart Family Card for the

Facing pressure from the International Monetary Fund (IMF), the interim government’s mid-fiscal year decision to raise VAT on 65 items—including medicine, powdered milk, biscuits, juice, fruits, soap, and sweets—has triggered widespread backlash from businesses. 

Turkish Trade Minister Omer Bolat, along with a large delegation of business representatives, will visit Bangladesh's capital Dhaka on Thursday to explore new cooperation opportunities and strengthen economic ties between the two countries. The visit will focus on potential