Press Release

BUILD is pleased to share its latest press release titled “Bangladesh Bank to Align Credit Guarantee Scheme with CMSME Master Circular — Deputy Governor Announces at BUILD’s 13th FSDWC Meeting.”

The press release covers key discussions and insights from BUILD’s 13th Financial Sector Development Working Committee (FSDWC) meeting, held on 15 October 2025, chaired by Nurun Nahar, deputy governor of Bangladesh Bank. The session highlighted the upcoming alignment of the credit guarantee scheme with the CMSME master circular and shared updates on credit disbursement trends, challenges, and policy recommendations to strengthen CMSME financing in Bangladesh.

Please find the full press release in both Bangla and English attached for your consideration and potential coverage.

Attached is a press release regarding BUILD’s dialogue titled “Policy Reform Requirements for Non-Adjustable TDS”.

The press release highlights key takeaways from the event, including the chairman of the National Board of Revenue’s announcement that the board is likely to automate the tax deducted at source (TDS) refund system in the coming months. It also features insights from other experts on the need to rationalise TDS rates and simplify the tax structure to improve the business environment in Bangladesh.

BUILD believes this event holds significant public interest, especially for stakeholders in industry, legal reform and entrepreneurship.

BUILD kindly requests your support in covering this important dialogue through your esteemed platform.

Please find attached the full press release (Bangla and English) for your consideration. Should you require any further details or quotes, BUILD would be happy to provide them.

On Thursday, 11 September 2025, Business Initiative Leading Development (BUILD) hosted a dialogue on the significant potential of geographical indication (GI) products for Bangladesh’s export market. The meeting, which included key government and private sector stakeholders, focused on critical issues such as the need for international accreditation and proper certification to boost the export of GI products such as Jamdani, Hilsa and Muslin.

The discussion highlighted several key recommendations, including the immediate approval of a national GI tag and a strategy to commercialise and market high-potential GI products. BUILD believes this is a crucial topic for businesses and economic development in Bangladesh.

BUILD also believes this event holds significant public interest, especially for stakeholders in industry, legal reform and entrepreneurship.

BUILD kindly requests your support in covering this important dialogue through your esteemed platform.

Please find attached the full press release (Bangla and English) for your consideration. Should you require any further details or quotes, BUILD would be happy to provide them.

Business Initiative Leading Development (BUILD) is deeply saddened by the recent tragic crash of a Bangladesh Air Force aircraft at Milestone School and College, which claimed the lives of numerous innocent children, teachers, and a brave pilot, while injuring many others. This is a profound national tragedy that has shaken the entire nation.

On behalf of BUILD, heartfelt condolences are extended to the bereaved families, survivors, and all those affected by this devastating event. BUILD’s thoughts are with them during this unimaginably difficult time.

BUILD also takes this moment to acknowledge and thank the first responders, medical professionals, and volunteers for their swift and selfless actions in the face of tragedy.

Please find the statement (Bangla and English) attached for your reference and circulation.

Business Initiative Leading Development (BUILD), in collaboration with Bangladesh Bank, organised a policy dialogue on the CMSME Financing Master Circular 2025 at the conference room of BUILD on 10 July 2025. The dialogue highlighted new provisions included in the updated circular, such as alternative mediums of credit distribution, group credits, extension of the grace period, cluster financing and refinancing for informal entrepreneurs, women entrepreneurs and new entrepreneurs, extended agricultural credit for marginal entrepreneurs, and collateral-free loans.

BUILD kindly requests your support in publishing this release through your esteemed media platform, to inform the wider public and stakeholders of these important initiatives.

Should you require any additional information, please feel free to contact BUILD directly.

Thank you for your continued cooperation and support. Attached you will find the press release in Bangla and English, along with a photo.

This official press release presents BUILD’s observations and key recommendations on the national budget for FY 2025–26, offering insights from a private sector perspective.

The statement outlines critical points regarding minimum tax, supplementary duty (SD), tariff value, the central bonded warehouse system, fiscal policy, private investment, support for small and medium-sized enterprises (SMEs), and sector-specific proposals aimed at fostering economic resilience and inclusive growth. BUILD believes this analysis will be of interest to your readers, as it addresses the potential impact of the budget on businesses and the broader economy.

BUILD kindly requests your support in circulating the press release through your esteemed platform. Please find the release attached (Bangla and English) for your reference.

Business Initiative Leading Development (BUILD), in collaboration with the Ministry of Industries (MoI) and the Department of Patents, Designs and Trademarks (DPDT), organised a high-level policy dialogue on the Trademarks (Amendment) Act, 2025, on 1 June 2025 at BUILD’s conference room.

The objective of the dialogue was to review critically and assess the proposed amendments to the Trademarks Act, with a focus on creating a more supportive legal and regulatory framework for business entrepreneurs. This initiative is especially timely and essential as the country prepares to navigate the challenges and opportunities of the post-graduation era.

We believe this event holds significant public interest, particularly for stakeholders in industry, legal reform and entrepreneurship.

We kindly request your support in covering this important policy dialogue through your esteemed platform.

Please find attached the full press release (English and Bangla) for your consideration.

BIDA and BUILD jointly organised a pre-budget round table on 20 May 2025 at the BEZA conference room, bringing government officials, private sector representatives, and key stakeholders together to discuss pressing tax issues ahead of the upcoming financial year 2025–26 national budget. A major concern echoed throughout the discussion was the minimum tax policy—particularly its impact on struggling or low-margin businesses.

The meeting opined that if a business is making a loss, it is still liable to pay tax on its yearly turnover, as outlined in Section 163 of the Income Tax Act 2023. In most cases, tax is paid from working capital, which is hampering existing and potential investment, though a tax holiday policy is in place by law. The discussants described this provision as a draconian measure that needs to be abolished to enhance the income tax base.

The meeting was presided over by Shah Mohammad Mahboob, Executive Member, BIDA, and Ferdaus Ara Begum, Chief Executive Officer, BUILD, with participation from representatives of local and foreign industries, particularly members of the Beverage Manufacturing Association.

Attached is the press release in English, along with two photos. For any further inquiries, please do not hesitate to contact us.

BUILD, in collaboration with the International Trade Centre’s She Trades Initiative and the Bangladesh Public Procurement Authority, with support from the UK Foreign, Commonwealth and Development Office, convened a sustainable public procurement policy survey to identify policy implementation challenges and opportunities. The survey results were presented at a policy dialogue on 24 April at the Six Seasons Hotel in Dhaka.

This timely dialogue brought together key stakeholders from the government, women-owned enterprises, development partners, and public procurement entities to reflect on the progress, challenges, and future direction of implementing the sustainable public procurement policy. The dialogue also served as an opportunity to share findings from a recent needs assessment survey that reviewed the status of sustainable public procurement implementation and monitoring and evaluation practices, with a specific focus on gender inclusion.

Attached are the press releases in English and Bangla, along with a photo. For any further inquiries, please do not hesitate to contact us.

The Bangladesh Energy Regulatory Commission’s recent 33% gas price hike for new industrial users and captive power plants places significant pressure on the manufacturing sector. Business Initiative Leading Development (BUILD) has raised concerns about the timing of this gas hike, as businesses already face rising raw material costs, a weakening currency, export market volatility, and energy shortages.

The hike could lead to a 12.67% inflation spike, with industrial product prices expected to increase from BDT 8.23 trillion to BDT 9.28 trillion. BUILD calls for immediate relief through value-added tax (VAT), tax exemptions for the industrial and power sectors, and the use of the Energy Security Fund to stabilise gas prices.

The press release (Bangla and English) is enclosed for your information. Please contact us if you have any queries.