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Business Monitor

BUSINESSMONITOR

Single Platform for All kinds Of Business & Economy News in Bangladesh
Business Monitor

BUSINESSMONITOR

Single Platform for All kinds Of Business & Economy News in Bangladesh

A new kind of inclusive insight for a new world of business

Track Your Competitor's Move

Business Monitor allows you to monitor your competitors' activities, strategies, and market positions.

Stay Ahead of Your Competitors

Gain a competitive advantage by tracking your competitors' activities, strategies, and market positions.

Actionable Insights

Identify potential risks and opportunities, adjust their strategy based on changing market conditions

Latest News and Updates

Get access to the latest economic updates and make informed decisions based on real-time insights.

Track Your Competitor's Move

Business Monitor allows you to monitor your competitors' activities, strategies, and market positions.

Stay Ahead of Your Competitors

Gain a competitive advantage by tracking your competitors' activities, strategies, and market positions.

Actionable Insights

identify potential risks and opportunities, adjust their strategy based on changing market conditions

Latest News and Updates

Get access to the latest economic updates and make informed decisions based on real-time insights.

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Industry Monitor

Get the latest news and insights and across 50+ industries of Bangladesh with Industry Monitor

Latest Industry News

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Government Plans to Revive Taxicab Services
May 29, 2024
Industry : Automotive

The government plans to revive taxicab services in Dhaka and Chattogram, potentially expanding to other cities. The Taxicab Service Guideline 2010 will be updated to include divisional headquarters and tourist areas. Stakeholders discussed introducing services in Barishal, Khulna, and adjacent districts. The updated guideline aims to address issues faced by existing services and encourage competition.

HC Directs ICB to Extend Sea Pearl's Debt Repayment Period to 10 Years
May 29, 2024
Industry : Financial

The High Court instructs the Investment Corporation of Bangladesh (ICB) to grant Sea Pearl Beach Resort & Spa an additional 10 years to settle Tk 4.38 billion dues accumulated until April. Sea Pearl, having paid only Tk 730 million against Tk 3.25 billion bonds issued in 2017, will repay the principal plus interest in 10 equal installments.

Al-Arafah Islami Bank Partners with Ecotech Organic Garden
May 29, 2024

Al-Arafah Islami Bank signed an agreement with Ecotech Organic Garden to bolster agricultural growth in Bangladesh through farmer collaboration. The agreement was inked at the bank’s Dhaka head office. Shabbir Ahmed, acting Managing Director of the bank, graced the event as the chief guest.

Regulatory Duty on Ferro Alloys Import Set to Decrease to 5%
May 29, 2024

The government plans to reduce duties on raw materials for steel, beverage, healthcare, and personal care industries in the upcoming budget. Proposed reductions include lowering the regulatory duty on ferro alloys from 15% to 5%, customs duty on Tetra Pak from 25% to 0%, and customs duty on dialysis filters and circuits from 10% to 1%. Additionally, customs duty on isopropyl myristate is expected to decrease from 25% to 10%.

Company Monitor

Get actionable insights about your competitor from 500+ companies news & updates with Company Monitor

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HC Directs ICB to Extend Sea Pearl's Debt Repayment Period to 10 Years
May 29, 2024

The High Court instructs the Investment Corporation of Bangladesh (ICB) to grant Sea Pearl Beach Resort & Spa an additional 10 years to settle Tk 4.38 billion dues accumulated until April. Sea Pearl, having paid only Tk 730 million against Tk 3.25 billion bonds issued in 2017, will repay the principal plus interest in 10 equal installments.

Al-Arafah Islami Bank Partners with Ecotech Organic Garden
May 29, 2024

Al-Arafah Islami Bank signed an agreement with Ecotech Organic Garden to bolster agricultural growth in Bangladesh through farmer collaboration. The agreement was inked at the bank’s Dhaka head office. Shabbir Ahmed, acting Managing Director of the bank, graced the event as the chief guest.

Govt Takes Steps to Revive RR Textile and Rajshahi Textile Mills
May 29, 2024

The Government has taken significant steps to revive the RR Textile and Rajshahi Textile Mills in Sitakunda and Rajshahi, respectively, under the control of Bangladesh Textile Mills Limited (BTMC) through the Public-Private Partnership (PPP) system. The Cabinet Committee on Economic Affairs, chaired by the Finance Minister, has given in-principle approval to launch these two textile mills on a PPP basis.

EBL Signs Agreement with Grand Sylhet Hotel
May 29, 2024

Eastern Bank PLC (EBL) and Grand Sylhet Hotel and Resort recently inked an agreement in Dhaka. This collaboration aims to provide EBL cardholders with exclusive benefits at the luxury hospitality property in Sylhet. The agreement, signed by high-ranking officials from both organizations, signifies a strategic partnership to enhance customer experience.

Company Monitor

Get actionable insights about your competitor from 500+ companies news & updates with Company Monitor

Economic Monitor

Stay informed about the latest news and updates on Bangladesh’s economy with our Economic Monitor

Latest Economy News

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Govt Net Debt from Banking Sector Reaches Tk 50,899 Crore
May 29, 2024
Economic Tag : Debt

Government debt from the banking sector has surged, reaching Tk 70,558 crore by May 12 in the current financial year. Despite paying off Tk 19,659 crore earlier loans from Bangladesh Bank, the net debt stands at Tk 50,899 crore. Factors such as increased exchange rates and interest rates contribute to rising costs, prompting increased borrowing from banks. This trend adversely affects private sector access to credit.

Govt Greenlights Tk 8,483 Crore WB Aid for Rohingyas
May 29, 2024
Economic Tag : Foreign Aid

Bangladesh has approved an extensive Tk 8,483 crore cluster project funded by the World Bank to support displaced Rohingyas and the affected host community. Of the total project funds, the World Bank will contribute Tk 7,720 crore ($700 million), with Tk 4,475 crore as a loan and Tk 3,244 crore as grants.

Govt Adopts Strategies to Mitigate Fiscal Risks
May 29, 2024
Economic Tag : Govt.

To mitigate fiscal risks, Bangladesh has implemented strategies such as risk transfer, creating fiscal buffers, and diversifying revenue sources. These measures aim to enhance stability and reduce vulnerabilities. The Finance Division suggests transferring liabilities as an effective risk reduction strategy, exemplified by recent adjustments to petroleum prices to align with international rates, which lessened the fiscal burden.

Income Tax Return Mandatory for Renting Community Center
May 29, 2024
Economic Tag : Vat & Tax

The upcoming budget may introduce a new requirement mandating the submission of annual income tax returns before renting a community center or auditorium for any event. This means that individuals and organizations will need to provide a copy of their tax return to secure a rental, otherwise, the event cannot take place. This initiative aims to expand the compulsory filing of tax returns for various public

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Company Monitor

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Economic Monitor

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Trial

30 Days
Access To News
Tag Filter
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customer support

Industry Monitor

99/BDT Monthly
Access To 50+ Industry’s News
Intelligence Tag Filter
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Exclusive customer support

Company Monitor

99/BDT Monthly
Access To 500+ Company’s News
Intelligence Tag Filter
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Exclusive customer support

Economic Monitor

99/BDT Monthly
Access To 50+ Industry’s News
Intelligence Tag Filter
Filter relevant Industry News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Premium Plan

199/BDT Monthly
All Features of Industry Monitor
All Features of Company Monitor
All Features of Economic Monitor
Select Custom Timeline
Add News To Favourite
Extensive Customer Support

Industry Monitor

599/BDT Yearly
Access To 50+ Industry’s News
Intelligence Tag Filter
Filter relevant Industry News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Economic Monitor

599/BDT Yearly
Access To 50+ Industry’s News
Intelligence Tag Filter
Filter relevant Industry News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Company Monitor

599/BDT yearly
Access To 500+ Company’s News
Intelligence Tag Filter
Filter relevant Company News
Select Custom Timeline
Add News To Favorite
Exclusive customer support

Premium Plan

999/BDT Yearly
All Features of Industry Monitor
All Features of Company Monitor
All Features of Economic Monitor
Select Custom Timeline
Add News To Favourite
Exclusive customer support