Economy / Bangladesh

NBR alerts taxpayers to fake audit calls, extortion attempts

NBR alerts taxpayers to fake audit calls, extortion attempts

The National Board of Revenue (NBR) on Sunday warned taxpayers against fraudsters posing as tax officials and demanding money on the pretext of exempting tax files from audits. In a press statement, the revenue authority said it had recently noticed that a group of scammers has been contacting tax


Khosru orders total overhaul of BBS

Khosru orders total overhaul of BBS

Finance and Planning Minister Amir Khosru Mahmud Chowdhury on Sunday directed officials to modernise the Bangladesh Bureau of Statistics (BBS) to strengthen the country's statistical system and support evidence-based policymaking. He instructed overhauling the national statistical organisation by

Proper valuation of imports at ports can help notably

Proper valuation of imports at ports can help notably

Ensuring proper valuation of imports at ports, mainly at premier seaport Chattogram, could significantly boost government revenues and help achieve an ambitious Tk 6.0-trillion revenue target for this fiscal year. Newly appointed National Board of Revenue (NBR) Chairman Ahsan Habib has made such o

BIDA opens 44 SOEs to private investment

BIDA opens 44 SOEs to private investment

The Bangladesh Investment Development Authority (BIDA) on Sunday unveiled investment portfolios for 44 state-owned enterprises (SOEs), inviting private sector participation to revive underperforming industrial assets, create jobs and reduce the government's fiscal burden. Under the initiative, loc

NBR warns taxpayers against audit scam calls

NBR warns taxpayers against audit scam calls

The National Board of Revenue (NBR) on Sunday warned taxpayers against fraudsters posing as tax officials and demanding money on the pretext of exempting tax files from audits. In a press statement, the revenue authority said it had recently noticed that a group of scammers has been contacting tax

Export incentives retained for 43 sectors in FY '27

Export incentives retained for 43 sectors in FY '27

The government has decided to continue export incentives and cash assistance for 43 sectors in fiscal year (FY) 2026-27, despite having its previous plan to phase out such subsidies ahead of Bangladesh's LDC graduation. The Foreign Exchange Policy Department (FEPD) of Bangladesh Bank (BB) in a cir

Bangladesh secures $3.3b ITFC annual financing

Bangladesh secures $3.3b ITFC annual financing

Bangladesh signs a US$3.3-billion annual financing deal with the International Islamic Trade Finance Corporation (ITFC) for this fiscal year, ensuring continued support for fuel, liquefied natural gas (LNG) and fertilizer imports. Officials say the agreement was signed Sunday at the ITFC headquart

BB Governor pledges stronger oversight to restore confidence

BB Governor pledges stronger oversight to restore confidence

Bangladesh Bank Governor Md Mostaqur Rahman on Saturday pledged to strengthen Shariah governance and institutional accountability in Islamic banking. He said that robust oversight and a stronger regulatory framework are essential to restoring public confidence and ensuring the sector's sustainable

Delhi ‘watching’ Teesta, J-10 fighter plans: report

Delhi ‘watching’ Teesta, J-10 fighter plans: report

India is “closely monitoring” Bangladesh's progress on the proposed Teesta River project and plans to purchase Chinese J-10 fighter aircraft, ANI has reported. On Friday, the Indian Ministry of External Affairs (MEA) reaffirmed that its development cooperation with Dhaka is guided by a