March 7, 2025, 8:44 am
Business-Economy

VAT hike: Revenue boost or public burden?

TDS Desk Families across the country are bracing for a potential increase in their living costs, while businesses express deep concerns about the government’s plan to hike Value Added Tax

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Export earnings grew nearly 12.84% in H1 of FY25 to reach $24.53 bn

TDS Desk Bangladesh’s merchandise exports experienced positive growth for the fourth consecutive month, increasing by 17.72% year-on-year in December, primarily driven by readymade garment (RMG) shipments. Export earnings grew 12.84%

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Taka loses 12.72% value in 2024 as dollar strengthens

TDS Desk The Bangladesh Bank (BB) increased the US dollar exchange rate by Tk12 in 2024, resulting in a 12.72% depreciation of the local currency, the taka, over the year.

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Sonali Bank reports profit growth despite 2024 being challenging year: MD

TDS Desk Sonali Bank Managing Director Shawkat Ali Khan said that despite 2024 being a challenging year for the banking sector, the institution has achieved significant growth. “Despite political instability

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BD bags $50b in exports last year

TDS Desk Bangladesh’s exports hit $50 billion in 2024, powered by a sharp spiral in shipment in December, a positive news for the economy that has been facing several challenges

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Won’t negatively affect lives of ordinary people

Items with minimal inflation weight see VAT hikes Govt initiated the move to bridge the revenue gap No impact on essential services like education, health, and IT TDS Desk The

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