Business Inspection BD

Business Inspection BD A digital media platform focused on research & analysis on business, economy, industry & startup.

Ten Minute School has received a BDT 5 crore investment from Startup Bangladesh Ltd., with BDT 2.5 crore already disburs...
17/01/2025

Ten Minute School has received a BDT 5 crore investment from Startup Bangladesh Ltd., with BDT 2.5 crore already disbursed. After being suspended last year, the investment decision has been reinstated, supporting the growth of this prominent EdTech platform. Founded in 2015, the startup has gained significant recognition for its educational content.

Bangladesh Bank has raised the credit report limit for imports, reducing costs for small importers. Credit reports will ...
17/01/2025

Bangladesh Bank has raised the credit report limit for imports, reducing costs for small importers. Credit reports will now be exempt for imports up to USD 30,000 with proforma invoices and USD 40,000 with local agent indents, compared to the previous USD 10,000 and USD 20,000 limits. Banks can use a single supplier report multiple times during validity, cutting additional costs.

The National Board of Revenue (NBR) has restored the restaurant VAT rate to 5%, reversing the recent hike to 15% that to...
16/01/2025

The National Board of Revenue (NBR) has restored the restaurant VAT rate to 5%, reversing the recent hike to 15% that took effect on January 9. This decision follows a review of the VAT rate prompted by appeals from the Bangladesh Restaurant Owners’ Association. Before the controversial increase earlier this month, the previous 5% rate had been in place for a long time.

Chattogram Customs House is set to auction over 100 vehicles, including 31 luxury cars, on January 21 due to delays in c...
16/01/2025

Chattogram Customs House is set to auction over 100 vehicles, including 31 luxury cars, on January 21 due to delays in clearance. Among the cars are high-end models, such as Land Cruisers, with reserve prices of Tk 9.5 crore each. Despite notices to owners, no former MPs have responded to settle their dues. The auction is expected to generate at least Tk 400 crore, with additional vehicles like cement mixers and dump trucks also being sold.

A secret report from Bangladesh Bank alleges that Social Islami Bank concealed BDT 8,000 crore in defaulted loans with t...
16/01/2025

A secret report from Bangladesh Bank alleges that Social Islami Bank concealed BDT 8,000 crore in defaulted loans with the central bank's assistance. The Anti-Corruption Commission (ACC) has formed a probe team to investigate the irregularities, with the Bangladesh Bank required to provide relevant data by January 20. The investigation reveals discrepancies in the bank's loan reporting, with only a fraction of the actual defaulted amount disclosed.

The USA has maintained its position as the leading country for international credit card spending by Bangladeshi cardhol...
16/01/2025

The USA has maintained its position as the leading country for international credit card spending by Bangladeshi cardholders for the fifth consecutive month until November 2024, accounting for 15.87% of total foreign credit card spending. This trend follows the country’s rise in July 2023, surpassing India. Overall credit card transactions, both domestic and international, saw a decline in November compared to October.

The National Board of Revenue (NBR) is set to lower the VAT on restaurants from the current 15%, following demands from ...
16/01/2025

The National Board of Revenue (NBR) is set to lower the VAT on restaurants from the current 15%, following demands from the Bangladesh Restaurant Owners Association. This decision comes after threats of an indefinite strike by restaurant owners. The previous VAT rate for restaurants was 5%. However, the new rate is yet to be specified by the tax authority.

Google Pay is launching in Pakistan by March 2025, allowing users to link bank cards through Google Wallet for seamless ...
15/01/2025

Google Pay is launching in Pakistan by March 2025, allowing users to link bank cards through Google Wallet for seamless contactless payments. The initial phase focuses on basic payments, with features like loyalty cards & transport passes to follow. Partnerships with Visa, Mastercard, & local banks are driving this digital transformation.

The Bangladesh Power Development Board (BPDB) has requested an urgent BDT 8000 crore subsidy from the government to ensu...
15/01/2025

The Bangladesh Power Development Board (BPDB) has requested an urgent BDT 8000 crore subsidy from the government to ensure continuous electricity supply. The BPDB, facing a deficit from selling power at lower-than-production rates, fears supply disruptions during Ramadan and the upcoming summer without adequate fuel. The fund is also crucial to clear outstanding loans and dues, with BPDB’s total subsidy arrears reaching BDT 265000 crore.

15/01/2025

On January 9, Bangladesh raised VAT on over 100 items, including essentials like mobile talk time and LPG, following IMF's recommendation to boost the tax-to-GDP ratio—a condition of the USD 4.7 billion loan approved in 2023. This move has increased living costs, sparking public concern. Watch for insights into its economic impact and public reaction!

The government is set to build a BDT 4,500 crore pipeline from Bhola to Khulna, aiming to integrate the island's natural...
15/01/2025

The government is set to build a BDT 4,500 crore pipeline from Bhola to Khulna, aiming to integrate the island's natural gas into the national grid. The 205km pipeline, under construction by Gas Transmission Company Limited (GTCL), will deliver 180 mmcfd of gas by 2029, addressing energy shortages in the south and fostering industrial growth. With significant gas reserves in Bhola, the project is expected to support economic activities and provide energy for gas-based power plants and industries.

In the past month, soybean oil prices in the wholesale market have increased by approximately BDT 10 per kg due to suppl...
15/01/2025

In the past month, soybean oil prices in the wholesale market have increased by approximately BDT 10 per kg due to supply shortages, despite a global decline in oil prices. The cost per mound has risen by BDT 300-350. While the government had earlier reduced taxes to stabilize prices, traders are pushing for further price hikes. Experts suggest increased monitoring and supply efforts to stabilize the market.

Bangladesh has signed a G2G agreement with Pakistan to import Atop rice, aiming to stabilize the domestic market & stren...
15/01/2025

Bangladesh has signed a G2G agreement with Pakistan to import Atop rice, aiming to stabilize the domestic market & strengthen trade ties. The deal was signed by Trading Corporation of Pakistan & Bangladesh’s Directorate General of Food, marking a new milestone in bilateral economic cooperation.

The Chinese government is reportedly considering selling TikTok's U.S. operations to Elon Musk to avoid a potential U.S....
15/01/2025

The Chinese government is reportedly considering selling TikTok's U.S. operations to Elon Musk to avoid a potential U.S. ban, Bloomberg reported. This plan is among options being discussed as the Supreme Court reviews a law requiring ByteDance to divest TikTok’s U.S. business. The proposal, still in early stages, highlights China’s efforts to manage TikTok’s future in the U.S. amid national security concerns.

A four-member US Coast Guard team will evaluate Chattogram Port's security measures from January 21-26. Led by Lieutenan...
15/01/2025

A four-member US Coast Guard team will evaluate Chattogram Port's security measures from January 21-26. Led by Lieutenant Commander Khiem V. Nazir, the team will review ISPS code compliance, focusing on areas like cargo scanning, CCTV monitoring, & port security protocols. This routine inspection is crucial for maintaining international shipping standards & ensuring safe exports to the US.

Bangladesh Petroleum Corporation (BPC) is set to import 1.3 lac metric tons of diesel from India's Numaligarh Refinery L...
15/01/2025

Bangladesh Petroleum Corporation (BPC) is set to import 1.3 lac metric tons of diesel from India's Numaligarh Refinery Limited for BDT 1,137 crore. Imports will occur via pipeline and rail between January and December 2025. This aligns with BPC's plan to meet a demand of 7.4 million metric tons of refined oil this year, sourced from India and seven other countries, costing over BDT 11479 crore.

Thousands of Beximco workers and officials formed an 11km human chain along the Chandra-Nabinagar highway in Gazipur, de...
14/01/2025

Thousands of Beximco workers and officials formed an 11km human chain along the Chandra-Nabinagar highway in Gazipur, demanding the reopening of 16 factories closed on 15 December. The closures led to 30,000 layoffs, citing banking issues and lack of orders. The peaceful protest highlighted workers' plea for factory restoration, financial support, and arrears clearance to secure their livelihoods.

The government plans to downsize the Annual Development Programme (ADP) by BDT 49,000 crore, or 18.49%, due to slow proj...
14/01/2025

The government plans to downsize the Annual Development Programme (ADP) by BDT 49,000 crore, or 18.49%, due to slow project implementation following the July mass uprising and political instability. Government fund allocations will decrease by BDT 30,000 crore, while foreign funds will drop by BDT 19,000 crore. The revised ADP, initially set for approval in March, is expected to be approved by February to address the slow implementation rate, which has been the lowest in a decade.

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Vietnam Vs Bangladesh

হঠাৎ ভ্যাট বৃদ্ধি কারণ কী

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IMF-এর শর্ত মানতে সরকার কেন ভ্যাট বাড়াচ্ছে? | Why IMF Forced Bangladesh to Increased VAT? | NBR
IMF-এর শর্ত মানতে সরকার কেন ভ্যাট বাড়াচ্ছে? | Why IMF Forced Bangladesh to Increased VAT? | NBR

On January 9, Bangladesh raised VAT on over 100 items, including essentials like mobile talk time and LPG, following IMF's recommendation to boost the tax-to-GDP ratio—a condition of the USD 4.7 billion loan approved in 2023. This move has increased living costs, sparking public concern. Watch for insights into its economic impact and public reaction!

বাংলাদেশীদের পাকিস্তান কি হবে নতুন টুরিস্ট হটস্পট

RMG-তে বাংলাদেশে কি ভিয়েতনামের কাছে হেরে যাচ্ছে

বাংলাদেশ-পাকিস্তান বাণিজ্যে কে লাভবান

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Story of Business Inspection

With the spark of digitization and globalization, the information has been more accessible and available than ever all around the world. But unfortunately, things are not the same for Bangladesh. Though Bangladesh’s mainstream media has been modernized a lot, still there is a noticeable shortage of information flow in several sectors, and limited accessibility of mass people to research results, information, sometimes even to current news. Even if the information is there, in most cases, it is presented in an non-understandable manner. Having concerns in this regard, we, a bunch of friends, decided to come up with a platform where this information will be presented in a way, so that they can be properly understandable and accessible, based on a niche, at which we were always best at. It's 'Business’! We were always business junkies since our academic life and always had a passion to know real business cases, analysis, research, news, and strategies, along with current and past economic condition, both in Bangladesh and across the border. During our undergrads, we had to struggle a lot to quench our thirst for knowing the real business and economy-related information, especially which are based on Bangladesh. However, now we have become entrepreneurs and currently involved in several industries, having a great experience of current business, industry, and economy, both in Bangladesh and international markets. We haven’t forgotten our struggles when we had to face hard times while getting business-related info. So, since we have managed to get our hands on ample source of business information through our work experience, we want to share them with others, but not in a typical way, rather in attractive and structured content forms. ‘Business Inspection’ will not be the platform to share our analysis and information only. We also want our audience to participate, share any business-related information with us. Leave any information to us, we will let everyone know!