Business


Onion import duties scrapped

Business —6 November, 2024 22:31

In an effort to keep onion prices affordable, the National Board of Revenue (NBR) has announced the complete withdrawal of the existing import and regulatory…

Onion import duties scrapped

Govt inks €2.97m grant agreement with IOM

The Economic Relations Division (ERD) of the Ministry of Finance…

Govt inks €2.97m grant agreement with IOM
Capital gains tax over Tk 50 lakh set at 15%

The National Board of Revenue (NBR) on Monday reduced the tax…

Capital gains tax over Tk 50 lakh set at 15%

BSEC to form body to accelerate trade settlement cycle

BSEC to form body to accelerate trade settlement cycle

The Bangladesh Securities and Exchange Commission (BSEC) has decided to form a committee to find a way out for speeding up trade settlement cycle. The commission took the decision…

BCC is haven for Awami-linked entrepreneurs

BCC is haven for Awami-linked entrepreneurs

A Tk 1.59 billion project launched eight years ago by the Bangladesh Computer Council (BCC) has sparked controversy, with critics accusing the BCC of functioning as a rehabilitation…

TIB claims $12-15b laundered annually over 15 years

TIB claims $12-15b laundered annually over 15 years

Bangladesh has lost US$12-15 billion annually due to money laundering during Awami League-led government, said Dr Iftekharuzzaman, executive director at Transparency International…

Bangladesh explores avenue to boost revenue collection

Bangladesh explores avenue to boost revenue collection

Bangladesh has significant potential for mobilising revenue collection, as highlighted by a recent official assessment on revenue buoyancy, a measure reflecting how tax revenues respond…

Diesel, kerosene prices cut by 50 paisa for November

Diesel, kerosene prices cut by 50 paisa for November

The government has reduced the retail prices of diesel and kerosene by Tk 0.5 to Tk 105 per litre from Tk 105.5 for the month of November while the prices of octane and petrol were…

Rashidul new BASIS president, Sohel SVP

Rashidul new BASIS president, Sohel SVP

M Rashidul Hasan has become the new president and Mostafizur Rahman Sohel senior vice president of Bangladesh Association of Software and Information Services (BASIS).This development…

NBR upgrading system to international standards

NBR upgrading system to international standards

The National Board of Revenue (NBR) has initiated steps towards data automation, aiming to implement an international-standard risk analysis system to better identify tax evaders. …

Govt approves LNG import, 4 other products

Govt approves LNG import, 4 other products

The government will import LNG, fertliser, soybean oil, sugar and chickpea to meet the local demands.Advisors Council Committee on Government Purchase (ACCGP) in a meeting, with Finance…

Stocks rebound after 4-day fall

Stocks rebound after 4-day fall

Trading in the Dhaka Stock Exchange (DSE) rebounded on Tuesday, with all indexes closing higher as the prices of 312 companies rose after a four-day decline. The DSE saw increased…

Hasina-linked tycoons siphoned $17b from banks

Hasina-linked tycoons siphoned $17b from banks

Bangladesh Bank Governor Ahsan H Mansur has accused prominent business tycoons linked to the deposed Sheikh Hasina administration of colluding with the country’s military intelligence…

Expatriates remit $1.94b by Oct 26

Expatriates remit $1.94b by Oct 26

Bangladesh is seeing a sharp rise in remittances, with citizens working abroad sending an average of $75 million daily in October, following the recent political transition. The latest…

DSEX falls below 5,000-mark

DSEX falls below 5,000-mark

The Dhaka Stock Exchange (DSE) plunged to a record low on Sunday, closing with a 149.20-point drop as heightened selling pressure drove the DSE main index below the critical 5,000…

EU sees opportunities in Bangladesh's rapid renewable energy expansion

EU sees opportunities in Bangladesh's rapid renewable energy expansion

Ambassador of the European Union (EU) to Bangladesh Michael Miller has said there are many opportunities to work more on renewables in a country like Bangladesh which has a low amount…

BGMEA held meeting to prepare a fair voter list

BGMEA held meeting to prepare a fair voter list

A meeting of the support team to assist administrator to Bangladesh Garment Manufacturers and Exporters Association (BGMEA) was held on Saturday at the BGMEA Office in the city’s…