Economy

Tariff cuts on some 350 items likely in new budget

Tariff cuts on some 350 items likely in new budget

A slew of business-friendly measures, including tariff cuts on nearly 350 items, may be stipulated in the upcoming national budget in a taxation remodelling by the new government. In a move to rationalise trade taxes, the National Board of Revenue (NBR) lately plans to reduce customs duty on

Inflation climbs to 9.42pc in May amid higher food prices

Inflation climbs to 9.42pc in May amid higher food prices

Bangladesh’s point-to-point inflation rose to 9.42 per cent in May 2026, driven mainly by an increase in food prices, according to the latest data released by the Bangladesh Bureau of Statistics (BBS). The inflation rate was 9.04 per cent in April 2026 and 9.05 per cent in May last year. Fo

Budget session begins today

Budget session begins today

The second session of the 13th Jatiya Sangsad, which will serve as its maiden budget session, is set to begin today at 3:00 pm. President Mohammed Shahabuddin has convened the session under Article 72(1) of the Constitution. The sitting will take place in the parliament chamber at the Jatiya Sangs

LDC graduation deferral decision due in September

LDC graduation deferral decision due in September

Bangladesh is expected to learn by September whether it will get additional time before graduating from Least- Developed Country (LDC) status, with United Nations bodies currently reviewing its request for a deferral amid economic challenges and ongoing reform efforts. The United Nations General A

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