The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, has urged the government to undertake comprehensive reforms of the country’s business tax framework, proposing a significant reduction in the turnover tax on gross receipts from 1 per cent to 0.3 per cent. The chamber argues that the existing taxation system places an excessive burden on […]

Bangladesh’s economic integration with the global financial system continues to deepen steadily, driven by expanding trade, rising import-export activity, and sustained inflows of remittances from overseas workers. These combined factors have reinforced the importance of foreign exchange stability in maintaining macroeconomic balance. On 19 April 2026, the country’s currency market recorded broadly stable exchange rates […]

The Bangladesh Bank has advised commercial banks to limit forward dollar bookings, aiming to prevent distortions in the spot foreign exchange market and contain potential upward pressure on the exchange rate. According to senior officials, the guidance followed a noticeable rise in forward booking activity among several banks after tensions escalated in the Middle East. […]