Sohel Parvez

A lack of purchasing power in the farming sector dominated by small and marginal people may restrict the wider use of genetically modified (GM) seeds in Bangladesh, said the US Department of Agriculture recently.

Paddy output is likely to rise 4 percent year-on-year to 5.36 crore tonnes during the current calendar year, because of higher plantings by growers and favourable weather, said the Food and Agriculture Organization (FAO) recently.

Election candidates' spending on campaigning posters is likely to create about Tk 100 crore of business for the paper and printing industries, which although a drop in the ocean for the Tk 7,200 crore market is being welcomed by printers and millers.

Local sub-contracting firms are not eligible for duty drawbacks on goods and services they supply to public projects, which are funded by foreign loans or grants, clarified the National Board of Revenue (NBR) last Thursday.

Farmers are deflated by the drop in paddy prices, which will leave them with hardly any profit from the current bumper aman harvests.

It was the days of spontaneous waves of non-cooperation movement of March 1971. Freedom-seeking Bangalees brought out processions and took part in the liberation struggle against the then-Pakistani rulers. And Bitopi, which was just three years old, could not stay away.

Tax return submissions shot up 33 percent year-on-year to 18 lakh last fiscal year, marking the highest spiral in the last decade,

Bangladesh's southern coastal belt offers potential for generating power through wind, according to a recently published study by the US Department of Energy's National Renewable Energy Laboratory, raising hopes of meeting the government's renewable energy goals.

Some 26 individuals and 32 companies, for their for the third year in row, have made it to the list of the top taxpayers who will be

The National Board of Revenue is yet to complete its preparations to enforce the use of automated sales recording machines at the

The commerce ministry yesterday agreed to withdraw the 40 percent duty on sugar imports from India, much to the ire of the local refiners.

Indigo, which reminds of an episode of cruelty during the British colonial rule, is being farmed once again and the famous blue has recently found its way to the US from Bangladesh.

The revenue authority has waived value-added tax and supplementary duty on the import of raw materials to make compressors of refrigerator and air conditioners with a view to facilitating local manufacturing.

A new customs law is likely to be placed in parliament soon under which the associated environment will have to be digitalised by the

Entrepreneurs investing in the economic zones will get all types of trade and investment services from various government agencies within 45 working days of their application, according to the One-Stop Service Rules issued by the Prime Minister's Office on Tuesday.

Locally grown pineapples and aloe vera are exported abroad in processed form, ushering hopes that farmers would not suffer losses for production gluts, said three persons familiar with the matter.

The tax administrator plans to discontinue the Kar Bahadur title, a decoration that was introduced last year to honour long-time

The customs authority plans to start working along with all stakeholders soon to ease congestion of vehicles at Benapole and

Import of hybrid cars is increasing exponentially on the back of soaring demand for the fuel-efficient vehicles from the upper middle-income people, marketers said.

The doorbell rang twice, which made Fazilatun Nesa peek through the peephole.