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Search date: 12-07-2026 Return to current date: Click here

Tax net expands to cover foreign digital businesses

A significant amendment to Bangladesh's income-tax law has paved the way for taxing foreign digital businesses that have no physical presence in the country but serve 0.1 million or above Bangladeshi users.The new provision, effective from July 1, targets non-resident entities-both companies and individuals -- that earn income from digital...

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Flooding worsens in dists, casualties rising

Floodwaters continued inundating parts of seven districts across Bangladesh on Saturday, claiming 40 lives and leaving hundreds of thousands of people stranded, as four rivers remain in spate amid forecasts of more heavy rain in the southeast.The deluge has wreaked havoc across Chattagram, Cox's Bazar, the three hill districts, and...

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SMEs urge govt to cut business costs, ease regulations

Business leaders have urged the government to reduce the cost of doing business, simplify regulatory procedures and improve law and order, warning that persistent global trade uncertainties and domestic challenges are weighing on investment and economic growth.The demands were raised by entrepreneurs from small and medium-sized enterprises (SMEs) in the...

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Several nondescript sectors picked as potential GDP hikers

Several nondescript sectors, like courier services, money exchange, foundation-run activities, and arts and recreation, have been picked up for having major untapped potential to raise Bangladesh's economic growth.Based on preliminary case studies, the national statistical agency - BBS -- estimates that the sectors collectively contributed more than Tk 4.54 billion...

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Five killed as bus crashes into parked pick-up van

At least five people were killed and several others injured after a bus crashed into a broken-down pick-up van on the Dhaka-Khulna highway in Bhanga upazila of Faridpur on Saturday night, reports UNB.The identities of the deceased could not be confirmed immediately, said Officer-in-Charge (OC) of Bhanga Highway Police Station...

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Jan-May apparel exports to US fall over 8pc

Bangladesh's apparel exports to the United States declined more than 8 per cent in the first five months of 2026 as weaker consumer demand weighed on imports, although a rebound in May signalled a potential recovery in export orders.Data from the US Office of Textiles and Apparel (OTEXA) showed Bangladesh...

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