Industry Insider

Advisor to the Prime Minister on finance and planning Rashed Al Mahmud Titumir said the initial phase of the plan will focus on stabilizing the economy within one year, followed by reconstitution and growth-oriented reforms over the remaining period. industryinsiderbd.com/article/ged-to…

India first imposed the export taxes last month, when it also cut domestic excise duty on petrol and diesel by 10 rupees per liter to cushion consumers from rising fuel costs. industryinsiderbd.com/article/india-…

This is the second extension of a deadline that was originally set for 15 March. industryinsiderbd.com/article/nbr-ex…

The measures, expected to be announced in the budget on 11 June, are being prepared by the National Board of Revenue and target an additional 200 billion BDT in VAT revenue next fiscal year. industryinsiderbd.com/article/govt-t…

The chamber also recommended aligning the tax rate for unlisted companies with that of listed firms at 25%, and called for reforms to the VAT system including phasing out advance tax for manufacturers. industryinsiderbd.com/article/dcci-c…

The new rates are modelled on the Secured Overnight Financing Rate, a benchmark introduced in the United States in 2018 that replaced the LIBOR system following manipulation scandals. industryinsiderbd.com/article/bangla…

The latest figures mark an increase from 2.4% in February. A key driver was a surge in gasoline prices, which jumped 21.2% in a single month. industryinsiderbd.com/article/us-inf…

The project includes replacing and expanding 230 kilometers of water pipelines, installing metered household connections, and adopting advanced monitoring systems to reduce water losses to below 20%. industryinsiderbd.com/article/adb-ap…

The government aims to finalize loan agreements and secure disbursements within the current fiscal year, as rising fuel costs, supply chain disruptions, and external economic shocks put increasing pressure on the economy. industryinsiderbd.com/article/govt-s…

According to a central bank circular, the scheme will operate under a revolving arrangement, with funds sourced from the Export Facilitation Pre-finance Fund. Loans will be disbursed through commercial banks on a first-come, first-served basis. industryinsiderbd.com/article/bangla…

The court found prima facie evidence under multiple sections of the Penal Code, including charges of criminal breach of trust, cheating, and intimidation. industryinsiderbd.com/article/court-…

Bangladesh’s tax-to-GDP ratio remains among the lowest globally due to widespread tax evasion. The International Monetary Fund has urged the country to raise the ratio to 9.2% in the next fiscal year, up from around 6.6% currently. industryinsiderbd.com/article/nbr-se…

The Bangladesh Cement Manufacturers Association proposed cutting advance income tax at the import stage from 2% to 0.5% and reducing duties on cement clinker and limestone. industryinsiderbd.com/article/indust…

Japfa Executive Chairman Renaldo Santosa met the minister in Dhaka to discuss strengthening trade ties and increasing the company's operations in Bangladesh. industryinsiderbd.com/article/indone…

The target follows a record 1.08 million tons of rice and paddy collected during the Aman season between November and February, according to the Directorate General of Food. industryinsiderbd.com/article/govt-p…

The government has held four such auctions in the first week of April, raising a combined 150 billion BDT through the special auction process, according to a senior treasury official at a private bank. industryinsiderbd.com/article/govt-b…

The revised figure marks the third consecutive annual slowdown in Bangladesh's growth. The economy expanded by 3.5% in the previous fiscal year. industryinsiderbd.com/article/world-…

Arm is majority-owned by SoftBank, the Japanese investment conglomerate led by billionaire founder Masayoshi Son. Son has made AI the centrepiece of SoftBank's strategy in recent years. industryinsiderbd.com/article/arm-ch…

The model is the first Meta has released in about a year and the debut product from a team assembled after Meta hired Scale AI chief executive Alex Wang last year under a deal valued at $14.3 billion. industryinsiderbd.com/article/meta-l…

The ship was around 425 nautical miles from the strait and travelling at 8.3 knots, according to the vessel's chief engineer, Rashedul Hasan. industryinsiderbd.com/article/cargo-…