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The backlash follows a decision by President Donald Trump’s administration to impose a 50% tariff on imports from India,...
12/08/2025

The backlash follows a decision by President Donald Trump’s administration to impose a 50% tariff on imports from India, a move that has strained bilateral ties and unsettled exporters.

Major US multinationals, including McDonald’s, Coca-Cola, Amazon, and Apple, are facing boycott calls in India as business leaders...

“There is no provision for filing any kind of return called ‘zero return’,” the statement said, adding that taxpayers mu...
12/08/2025

“There is no provision for filing any kind of return called ‘zero return’,” the statement said, adding that taxpayers must declare accurate figures even if their income is below the taxable threshold.

The National Board of Revenue (NBR) has warned taxpayers against filing so-called “zero returns” based on misleading social...

From being an import-dependent small automotive industry to becoming one of the world's best original equipment manufact...
12/08/2025

From being an import-dependent small automotive industry to becoming one of the world's best original equipment manufacturers, the story behind Thailand's automotive industry is an inspiring case study for developing nations aspiring to build such an industry.

Read the article here: https://industryinsiderbd.com/the-making-of-asias-detroit/

The decline was sharper than the NRF had anticipated. Just a month earlier, the trade body projected ports would process...
12/08/2025

The decline was sharper than the NRF had anticipated. Just a month earlier, the trade body projected ports would process 2.06 million TEUs in June, a 5.9% rise from May and a 3.7% fall year-on-year.

Imports into the United States fell more than expected in June, as uncertainty over shifting tariff policies prompted...

The losses, disclosed in the Bangladesh Sugar and Food Industries Corporation’s (BSFIC) latest financial statement, are ...
12/08/2025

The losses, disclosed in the Bangladesh Sugar and Food Industries Corporation’s (BSFIC) latest financial statement, are slightly below the Tk 5.56 billion shortfall in the previous year and far lower than the Tk 10.36 billion peak in FY 2020–21.

Bangladesh’s state-run sugar mills have recorded a combined net loss of Tk 5.08 billion in FY 2023–24, marking the...

The BSW has already processed over 431,000 trade-related documents, while 15,494 tax files have been selected for audit ...
11/08/2025

The BSW has already processed over 431,000 trade-related documents, while 15,494 tax files have been selected for audit under new “tax justice” criteria, limiting audits to 0.5% of returns in each circle.

Three major reforms to digitise Bangladesh’s tax administration over the past year have begun to deliver results, with officials citing...

National Board of Revenue employees staged protests, pen-down strikes, and full shutdowns in May and June, disrupting tr...
11/08/2025

National Board of Revenue employees staged protests, pen-down strikes, and full shutdowns in May and June, disrupting trade and revenue collection.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has asked its members to report financial losses...

The Bangladesh Petroleum Corporation (BPC) had planned to run the onshore portion itself to curb costs, leveraging its e...
11/08/2025

The Bangladesh Petroleum Corporation (BPC) had planned to run the onshore portion itself to curb costs, leveraging its experience in operating 126 km of the Bangladesh-India Friendship Pipeline.

The operational cost of Bangladesh’s maiden Tk 80 billion single-point mooring (SPM) project is set to exceed initial estimates...

Nvidia designed the chip specifically for China to comply with earlier Biden-era export controls on advanced AI processo...
11/08/2025

Nvidia designed the chip specifically for China to comply with earlier Biden-era export controls on advanced AI processors.

The US Commerce Department has begun granting licences to Nvidia to export its H20 artificial intelligence chips to China easing a...

Trump’s demand, made on his Truth Social platform on Thursday, followed a Reuters report detailing Tan’s investments of ...
10/08/2025

Trump’s demand, made on his Truth Social platform on Thursday, followed a Reuters report detailing Tan’s investments of at least $200 million in hundreds of Chinese advanced manufacturing and semiconductor companies between 2012 and 2024.

US President Donald Trump has called for the immediate resignation of Intel’s chief executive Lip-Bu Tan, accusing him of having...

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