The Bangladesh Restaurant Owners Association has called for immediate and comprehensive reform of what it describes as a fragmented and inequitable value-added tax (VAT) system governing the country’s food service industry. According to the association, the existing structure creates significant distortions between different segments of the sector, placing formally registered restaurants at a competitive disadvantage […]

The daily movement of foreign exchange rates has become a matter of growing importance for Bangladesh’s economy, trade sector, and household incomes, driven largely by the expanding global footprint of Bangladeshi expatriates and the steady rise in international commercial activity. Remittances sent by overseas workers play a vital role in sustaining the country’s foreign currency […]