5:43 pm, Wednesday, 29 July 2026
Business

NBR revises VAT on 9 items amid backlash

Facing widespread backlash, the National Board of Revenue (NBR) has rolled back recent tax increases on nine essential goods and

Knitwear exporters call for simplification of FOC procedures

The country’s knitwear exporters have called for resolving the complexities associated with the import of raw materials and the export

Rising yarn imports strain local spinners

The import of yarn saw a significant increase in 2024, leading to uneven competition for local spinners, primarily due to

Bangladesh’s RMG exports to EU rise by 24pc in Nov

Bangladesh’s readymade garment exports to the European Union demonstrated consistent growth over the past three months (September–November) of 2024, driven

Global economic slowdown hinders labour market recovery: ILO

The global economy is slowing down, making it more difficult for labour markets to recover fully, according to the latest

US calls on Bangladesh to ensure labour rights in EPZs

The United States has urged Bangladesh to reform its labour laws to extend the rights of freedom of association and

Bureaucratic hurdles, policy instability stalling economic growth: businesses

Business leaders on Wednesday expressed concern over bureaucratic hurdles, policy inconsistency, rising taxes and utility costs and a lack of

WRC delegation visits BGMEA administrator

A delegation from the Worker Rights Consortium (WRC) on Monday paid a courtesy visit to Bangladesh Garment Manufacturers and Exporters

BTMA seeks extended credit period for import payments

Bangladesh Textile Mills Association has demanded the government to extend the usance period for payments on the import of industrial

Unconsulted policy changes may hinder future FDI: FICCI

The Foreign Investors’ Chambers of Commerce and Industry (FICCI) Bangladesh has voiced serious concerns over the recent hike in value