Bangladesh's aviation sector has reached a significant milestone as five of the world's leading airport service providers compete to operate at Hazrat Shahjalal International Airport's (HSIA) Third Terminal, reflecting growing global confidence in the country's ambition to emerge as a regional avia
The effectiveness of Bangladesh Bank’s latest monetary policy will depend less on policy announcements and more on how its measures are implemented, according to Business Initiative Leading Development (BUILD) Chairman Abul Kasem Khan. He said the central bank’s objective of reviving e
The Parliament on Tuesday passed a Tk 9.38 trillion national budget for 2026-27 fiscal year (FY27), setting targets to accelerate economic growth to 6.5 per cent and bring inflation down to 7.5 per cent after prolonged price pressures eroded living standards for much of the population. The budget,
Bangladesh Bank on Tuesday unveiled a monetary policy statement for the first half of the financial year of 2026-2027, making no change in the existing interest rate framework. The central bank presented the MPS for the July-December period at its headquarters with BB governor Md. Mostaqur Rahman
Bangladesh's remittance inflows crossed the US $35.34 billion mark in the concluding fiscal year (FY26), registering a robust double-digit annual growth, according to the latest data from Bangladesh Bank. The data, released by the central bank's Foreign Exchange Policy Department, showed that expa
The government has proposed cutting corporate tax rates by 2.5 percentage points for companies that conduct all their transactions through banking channels, responding to longstanding calls from the business community for lower corporate taxes. Finance and Planning Minister Amir Khosru Mahmud Chow
Prime Minister Tarique Rahman has proposed several changes to the budget to reduce the tax burden on the public, to withdraw the controversial provision on black money “whitening”, and to remove the obligation to obtain a TIN to open a bank account. The prime minister also urged Financ
The National Board of Revenue (NBR) has set a target to raise the country's revenue-to-GDP ratio to 10.7 percent by the fiscal year (FY) 2028-29 to strengthen domestic resource mobilisation and sustain economic development, according to the government's Medium-Term Macroeconomic Policy Statement (2
China has proposed the development of an economic corridor connecting Bangladesh, Myanmar and China to enhance regional connectivity, trade and economic cooperation. The proposal came during talks between Chinese President Xi Jinping and Prime Minister Tarique Rahman at the Great Hall of the Peopl
The government has spent less than half of its revised development budget even after 11 months of FY2025-26, with implementation falling to a historic low of 48.23 per cent, as project execution slowed across many ministries and agencies. It spent only Tk 1.01 trillion out of the revised Annual De
Finance and Planning Minister Amir Khosru Mahmud Chowdhury on Thursday said the government had attempted to reshape the country's budgetary framework to make economic opportunities more inclusive। "This is a new model of reshaping public finance," he told a discussion on the proposed FY27 national
Government's Export Promotion Bureau (EPB) sets sights high on external trade and proposes setting total goods and services export target at US$67 billion for the imminent fiscal year. Proposed target for goods export is $58 billion for the fiscal year (FY) 2026-27, predicting over 21-percent grow
The government will begin lobbying foreign diplomats in Dhaka next month to build support for its request to defer Bangladesh's graduation from Least Developed Country (LDC) status by three years, as the issue moves towards consideration at the UNGA. "We will sit with all the foreign missions in B
