BD Global Times
English edition

Business Desk, page 12

851 reports translated from the Bengali original, most recent first. বাংলা সংস্করণ

Income-tax returns to be allowed all year round

From the coming fiscal year taxpayers can file income-tax returns year-round, the finance minister said — with a rebate of up to Tk 25,000 for filing in the first quarter and surcharges for late…

Government plans 1,000 cold-storage units to protect perishable produce

The government plans to build 1,000 cold-storage units nationwide to cut post-harvest loss of potatoes, onions, garlic and other produce — against an annual potato demand of ~90 lakh tonnes versus ~45 lakh tonnes…

Budget: investment-rebate cap cut across nine sectors including savings certificates and DPS

The budget proposes cutting the investment-rebate cap — across savings certificates, DPS, life-insurance premiums and other sectors — from 15% to 10% of allowable investment and from Tk 10 lakh to Tk 7.5 lakh,…

College student electrocuted in Anwara

Abdul Hannan Shah (22), a degree first-year student at Anwara Government College, was electrocuted while cutting a betel-nut tree at his home in Chattogram's Anwara, police and family said.

Bangladesh, AIIB sign $250 million budget-support loan

Bangladesh and the Asian Infrastructure Investment Bank signed a $250 million budget-support loan under the SEMGP Sub-programme 2 — part of a $750 million policy-based package to cushion shocks from the Middle East conflict.

Government to buy 10,000 tonnes of lentils

The cabinet purchase committee approved buying 10,000 tonnes of lentils at Tk 82.54 a kg — about Tk 82.54 crore in total — from Nabil Naba Foods to keep markets stable and supplies steady.

Jute Research Institute wins National Environment Medal 2025

The Bangladesh Jute Research Institute won the National Environment Medal 2025 for outstanding contribution to environmental research and technology innovation, the environment ministry announced.

Desert roses on a rooftop: a Boalmari youth earns Tk 15-20,000 a month

Akash Saha turned a hobby into a business in Faridpur's Boalmari, growing rare adenium — 'desert rose' — on his 1,800 sq ft roof: thousands of plants worth Tk 7-8 lakh, and Tk 15-20,000…

Bumper mango harvest, frustrated farmers: exports stuck at the bottom

Bangladesh ranks seventh in mango production but holds under 1% of the $4.19 billion export market — growers blame missing cold chains, GAP-certification hurdles, Tk 850/kg logistics costs and a Dhaka export syndicate.

Home minister's Islami Bank figures in parliament don't match the bank's books

Home Minister Salauddin Ahmed told parliament Tk 22,000 crore was disbursed under Islami Bank's RDS with much of it untraceable — but the bank's annual report puts the scheme's loan balance at Tk 6,789…

Which goods may get cheaper in the budget

Thursday's budget — the government's and Finance Minister Amir Khasru Mahmud Chowdhury's first — may cut prices on kitchen appliances, computers, kidney-dialysis filters and gold ornaments, with the source tax on jewellery falling from…

Bidi prices will not rise

Finance Minister Amir Khasru Mahmud Chowdhury told parliament the 2026-27 budget will leave bidi prices and tax rates unchanged, declining an MP's proposal to raise duties and the health surcharge.

US ambassador calls on opposition leader Shafiqur Rahman

US Ambassador Brent T Christensen paid a courtesy call on Jamaat ameer and opposition leader Dr Shafiqur Rahman at parliament, discussing the post-election situation, the coming budget, trade and democratic institutions.

ECNEC approves 10 projects worth Tk 3,891 crore

Chaired by PM Tarique Rahman, ECNEC approved 10 development projects worth about Tk 3,891 crore — led by the Anwara-Idmoni regional highway upgrade — plus madrasa EFT and multimedia-classroom revisions.

Government appoints MD and chairman of Sammilito Islami Bank

The government has appointed Abedur Rahman Sikder, deputy managing director of Dutch-Bangla Bank, as managing director of Sammilito Islami Bank, and Kazi Shayrul Hasan as its chairman, for three-year terms.

Bangladesh's food products are exported worldwide, commerce minister says

Bangladeshi food products are now exported to the US, UK, EU and other markets, and exports will expand further with more investment and modern technology in agro-processing, Commerce Minister Khondaker Abdul Muktadir told parliament.

Jamaat to publish a shadow budget on Tuesday

Jamaat-e-Islami, parliament's main opposition party, will present a 'shadow budget' ahead of the 2026-27 national budget at a Tuesday press conference in Dhaka.

Gold price cut by nearly 5,500 taka a bhori

The Bangladesh Jewellers Association has cut gold prices by up to 5,482 taka a bhori, effective Saturday, with 22-carat gold now at 229,373 taka a bhori.

BTV to spend Tk 72.7 crore on World Cup broadcast rights

The government is buying this year's football World Cup broadcast rights directly from FIFA for state broadcaster BTV at a total cost of Tk 72.7 crore — Tk 25 crore less than last time.

Remittance inflow rises 17.88 percent this fiscal year

Bangladesh received 33.44 billion dollars in remittances up to 6 June of the 2025-26 fiscal year, 17.88 percent more than the same period a year earlier, Bangladesh Bank data shows.

Jamaat leader vows to resist 'conspiracy' to destroy Islami Bank

Jamaat-e-Islami assistant secretary general Maulana Abdul Halim accused the government of plotting to hand Islami Bank to 'bank robber' S Alam and vowed customers would resist, at a discussion in Dhaka.

Budget session of parliament begins

The second session of the 13th parliament — the current government's first budget session — has begun, with the 2026-27 budget to be presented on 11 June, as the Jamaat-led 11-party opposition mobilises.

Power cut leaves Chuadanga hospital treating patients by phone light

Doctors at Chuadanga Sadar Hospital's emergency department treated patients by mobile-phone torchlight after a storm cut power, raising questions over hospital management; the superintendent did not answer calls.

Government plans locally made electric ambulances

The government plans to build electric ambulances with local technology to ensure doorstep healthcare, a plan discussed at a meeting chaired by Prime Minister Tarique Rahman.

Jamaat protests fuel and electricity price hikes in Dhaka

Bangladesh Jamaat-e-Islami held a protest rally and march in Dhaka on Thursday against repeated increases in fuel and electricity prices, calling the hikes anti-people and demanding their immediate withdrawal.

Electricity prices to stay unchanged for use up to 75 units

Electricity prices will not rise for consumers using up to 75 units, the Bangladesh Energy Regulatory Commission announced Thursday, acting on a Power Division request that cited the need to protect low-income households.

Islami Bank customers form human chain in Gangni, raise seven-point demand

About a hundred customers formed a human chain at Gangni bus stand in Meherpur on Thursday, demanding good governance at Islami Bank, a fair probe into past irregularities, and raising a seven-point set of…

Fixed VAT to replace turnover-based VAT for small businesses

The proposed budget for the coming fiscal year plans to bring almost all businesses under VAT by removing the turnover threshold, replacing the 4 percent turnover VAT with a fixed monthly VAT of 1,000…

Government appoints three BSEC commissioners after new chairman

After appointing Masud Khan as BSEC chairman, the government has appointed three commissioners to the Bangladesh Securities and Exchange Commission — Dhaka Bank Securities MD Nafiz Al Tarik, Supreme Court lawyer Nahid Mahtab and…

Import-export resumes at Sonamasjid land port

Import and export operations have resumed at Sonamasjid land port after an eight-day closure for Eid ul-Adha. Operations began on Wednesday morning, with India-Bangladesh commercial cargo trucks already moving and the port back to…

Depositors protest, demand removal of new Islami Bank chairman Khurshid Alam

Depositors held a rally and protest march in the capital demanding the removal of Islami Bank's new chairman, Khurshid Alam. The Sachetan Grahak Forum organized the event, which began in front of the bank's…

LPG cylinder price cut by 55 taka to Tk 1,885

Bangladesh cut the consumer price of a 12-kg LPG cylinder by 55 taka to Tk 1,885 from Tk 1,940, the Bangladesh Energy Regulatory Commission said Tuesday. The new rate takes effect at 6 p.m.…

Bad loans rise by Tk 31,488 crore in three months

Defaulted loans in Bangladesh's banking sector rose by Tk 31,488 crore (about $2.6 billion) in three months to the end of March, reaching 32.26 percent of total disbursed loans, according to Bangladesh Bank's latest…

Bangladesh remittances reach $3.5 billion in May

Expatriate Bangladeshis sent home about $3.5 billion in May 2026, Bangladesh Bank data showed, as remittance inflows for the first 11 months of the fiscal year rose 19.09 percent from a year earlier.

Bangladesh foreign exchange reserves stand at $34.77 billion

Bangladesh's foreign exchange reserves stood at $34.77 billion, while net reserves under the IMF's BPM6 method were $30.11 billion, Bangladesh Bank said Monday.

Law enforcers pressed Islami Bank MD to hold board meeting online, customers allege

Islami Bank's acting managing director declined to hold a board meeting online despite central bank approval, after customers protested and law enforcers allegedly pressed him to convene the session virtually.

Markets to close by 7 p.m. again to save power

The government has again ordered all shopping malls, markets and shops to close by 7 p.m. to save power, ending the temporary Eid extension to 10 p.m.

Decision on Islami Bank will follow the law, not protests: Bangladesh Bank

Any decision on Islami Bank will be taken according to the law and the institution's interests — not in response to emotion, pressure or agitation — Bangladesh Bank spokesman Arif Hossain Khan has said.

Padma and Jamuna bridges collect nearly Tk 64 crore in tolls

Bangladesh Bridge Authority collected nearly 64 crore taka in tolls from vehicles crossing the Padma and Jamuna bridges over 10 days during the Eid ul-Azha rush.

Police charge Islami Bank protesters in Motijheel, dozens hurt

Police baton-charged and used water cannon and tear gas on customers demanding the resignation of Islami Bank's newly appointed chairman in Motijheel, injuring at least 50.

Fuel prices raised for second time in six weeks

The government has raised the price of petrol, octane and kerosene by 5 taka per litre for June — the second fuel price hike in about six weeks.

Jamaat condemns police attack on Islami Bank customers

Bangladesh Jamaat-e-Islami has strongly condemned the police baton charge, tear gas and water cannon used on customers protesting in front of Islami Bank's head office.

Police charge Islami Bank customers demanding chairman's resignation

Police charged a human-chain protest by Islami Bank customers in Dilkusha demanding the new chairman's resignation, using baton charge, water cannon and tear shells; more than 50 were reportedly hurt.

Farmer electrocuted while irrigating field in Gangni

A 60-year-old farmer, Shahidul Islam, has died of suspected electrocution while switching on an irrigation pump in Gangni, Meherpur, though police say a stroke cannot be ruled out.

Government aims to make leather industry stronger, export-oriented

The government's goal is to make the country's leather industry stronger and more export-oriented, with an integrated long-term plan to be presented by July, Commerce Minister Khandaker Abdul Muktadir says.

Savar tanneries collect 550,000 hides in three days

Tannery owners at the BSCIC leather estate in Savar collected nearly 550,000 raw sacrificial hides over three days, with another 100,000 preserved by outside warehouse owners.

Rangpur Boro paddy prices fall below cost as harvest peaks

Boro paddy is selling at Tk 800–850 per maund (about 37 kg) in Rangpur division against a production cost of Tk 920–950, as a bumper harvest peaks and farmers rush to sell, the Daily…

Global oil prices surge as Iran-US ceasefire wavers, Gulf tensions rise

Brent crude pushed above $100 a barrel Tuesday as fresh uncertainty around Iran-United States peace talks and rising military tensions in the Gulf rattled global energy markets.

Banks open in limited capacity today for Eid garment payroll

Some bank branches will open Tuesday on a limited schedule during the seven-day Eid ul-Adha closure to handle garment-sector wage payments and import-export operations, Bangladesh Bank said.

Bangladesh leather industry lags despite global demand

Bangladesh has failed to seize the rising global demand for leather and leather goods, with environmental compliance gaps, a faltering Savar effluent plant and financing shortages dragging down a sector once seen as the…

Oil prices drop in Asian markets on easing tensions

A sharp drop in global oil prices spread to Asian markets, with major regional stock exchanges also rising on news of easing geopolitical tensions. Brent crude fell almost 5 percent in early Asian trading…

Tea garden workers in Sylhet begin indefinite strike

Tea workers at four estates in Habiganj began an indefinite strike on Monday over a seven-point demand that includes unpaid wages, rations and festival bonuses. The walkout affects the Deundi, Lalchan, Mritinga and Madhabpur…

Bangladesh Bank unveils 60,000 crore taka stimulus package

Bangladesh Bank announced a 60,000 crore taka (about US$5 billion) stimulus package to restart closed factories, lift farm output, expand exports and create jobs, with borrowers paying seven percent interest under a government subsidy.

Government ready to support Saudi export drive, commerce minister says

Bangladesh's commerce minister Khandaker Abdul Muktadir said the government is ready to back exporters seeking to expand in Saudi Arabia and the wider Middle East, with a target of US$1 billion in Saudi trade…

Islami Bank chairman Zubaidur Rahman resigns

Islami Bank Bangladesh chairman Zubaidur Rahman has resigned, submitting his resignation to the bank's board and to the central bank governor on Sunday, sources at the central bank and Islami Bank said.

Drone attack hits UAE nuclear power plant, sparks fire

ABU DHABI — A drone strike hit a nuclear power plant in Abu Dhabi, igniting a fire but causing no casualties or radiation impact, UAE authorities said Sunday.

14 oil tankers arrive at Chattogram port, 5 more expected this month

CHATTOGRAM — Fourteen oil tankers have arrived at Chattogram port this month and five more are expected, as the government works to ensure an uninterrupted fuel supply, officials said.

India raises fuel prices as reserves come under strain

India raised petrol and diesel prices by 3 rupees per liter on Friday and CNG by 2 rupees per kg, as global crude prices, a weaker rupee and pressure on foreign reserves forced the…

Commerce minister calls for all-out push to preserve Qurbani hides

DHAKA — Commerce Minister Khandaker Abdul Muktadir said Thursday that the government is making an all-out effort to ensure the smooth collection, preservation, sale and transport of rawhides from animals slaughtered for Eid ul-Adha.

Bangladesh Bank eases single-borrower loan exposure limit

DHAKA — Bangladesh Bank has relaxed the single-borrower exposure limit, allowing banks to extend up to 25 percent of their capital in funded loans to a single client, up from 15 percent previously.