Sohel Parvez

The National Board of Revenue plans to set up a separate unit for multinational companies (MNCs) to provide hassle-free services to

Almost every time any government agency tried to ensure accountability and transparency of the duty-free liquor trade, it found itself in a legal limbo. Over the last two decades, diplomatic bonded warehouses, who import duty-free liquor for diplomats and foreigners, filed writ after writ with the High Court challenging the legality of the government action.

Edible oil prices have fallen in the local market on the back of a price slump fuelled by higher global production and the US-China trade war, said processors and wholesalers.

Officially, most bars and social clubs neither import nor purchase alcohol yet they log huge sales; restrictive law, high import tariff, bureaucratic nightmare encouraging smuggling; govt loses big, earning almost nothing out of this trade.

Bangladesh has made considerable progress in terms of economic development, catching attention of many global thinkers, said Prof

State-run Bangladesh Sugar and Food Industries Corporation (BSFIC) has urged the government to increase import duty on the sweetener to curb import and clear its unsold stock of 1.51 lakh tonnes, corporation and revenue officials said.

Local airlines nowadays carry nearly double the number of passengers on domestic routes compared to what was five years ago but the surge hasn't translated into profitability, said executives.

The government has given the go-ahead to Runner Automobiles to import raw materials and components to make motorcycles of over

The quality of Bangladesh's economic growth has improved between 2000 and 2015, according to an index developed by the South Asian Network on Economic Modeling (Sanem).

Bangladesh's rice bran oil is gradually making headway in the international market thanks to manufactures' efforts to sell the

Rice imports nosedived in the past two months and the US Department of Agriculture (USDA) predicted total import would dip to 6

The country's shipbuilding sector has returned to growth following years in doldrums, on the back of a surge in demand from

Farmers, particularly up north, have taken up irrigation to transplant aman seedlings and water the fields that have already been cultivated amid scanty rainfall this monsoon.

Biman is set to increase flights to London by the end of this year after taking delivery of its second Boeing 787-8 Dreamliner in

The government is going to cut withholding tax and corporate tax for garment exporters in what can be viewed as yet another

The opportunity came to him 32 years after he began his career in 1960. The Imperial Chemical Industries (ICI) had decided to divest its shareholding to local management in 1992 and M Anis Ud Dowla grabbed the opportunity without thinking twice.

Despite having an adequate stock, farmers and traders are worried about being able to supply enough sacrificial animals to the major cities, particularly Dhaka, ahead of Eid-ul-Azha due to tailbacks at ferry terminals.

The government has made packaging of two more products—poultry and fish feed— in jute bags compulsory, a move that has been

Private companies are gearing up to develop modern rice seeds after the government lifted restriction on carrying out research to introduce inbred varieties of the staple to cater to the Tk 1,000 crore market.

Rice production in the immediate past boro season shot up to a new high of 1.95 crore tonnes, pulling the total output of the staple to 3.62 crore tonnes in the immediate past fiscal year, enough to meet domestic demand.