The earnings of Dhaka Electric Supply Company (Desco) plunged about 48 per cent in the third quarter of the current fiscal year because of an increase in energy cost and expenses.

Stocks rose again yesterday riding on higher demand for banking shares following a plunge the preceding day amid profit booking.

The rubber industry in Sylhet is facing tough times due to a continuous fall in prices.

The government yesterday accepted a proposal for dredging a channel for the Payra seaport in Kalapara, Patuakhali at a cost of Tk 5,629.18 crore.

The government is likely to keep the tax-free income limit for individual taxpayers unchanged for the next fiscal year of 2021-22, said officials of the finance ministry yesterday.

Listed drug makers booked an 18 per cent growth in profit in the first nine months of the current fiscal year thanks to a decrease in marketing costs amidst the coronavirus pandemic.

The number of internet users in the country registered moderate growth in March as people started to rely on various online platforms once again amid a second wave of the coronavirus pandemic.

The government today gave the go-ahead to the import of 33.6 lakh metric million British thermal units (MMBTUs) of liquefied natural gas (LNG) worth Tk 340.62 crore.

The profit of Dhaka Electric Supply Company (Desco) plunged about 48 per cent in the third quarter of the current fiscal year due to an increase in energy cost and expenses.

Bangladesh Bank has asked banks not to operate any foreign exchange related businesses by setting up central trade processing centre (CTPC) without prior approval from the banking regulator.

Brazil, the largest South American country, has now virtually turned into a death zone after the devastation caused by the Covid-19 pandemic.

The scope to whiten black money will be there in the upcoming budget also, Finance Minister AHM Mustafa Kamal said today.

Turnover at the Dhaka Stock Exchange (DSE) crossed Tk 2,000 crore for the first time in four months today.

President Joe Biden will make the case for his $174 billion electric vehicle plan on Tuesday, calling for government grants for new battery production facilities during a visit to a Ford Motor electric vehicle plant in Michigan.

Shares of Toyota Motor rose for a third straight session and hit a record high on Tuesday, as investors continued to bet on the Japanese automaker’s ability to tackle a global chip shortage better than its rivals.

Fears about inflation and rising Covid-19 infections in several countries dimmed the mood in global markets Monday and drove the dollar down, although there was good news on trade as Brussels and Washington called a truce on metals tariffs.

Britain’s unemployment rate fell again to 4.8 per cent between January and March, when the country was under a tight lockdown, and hiring rose further in April, according to data that showed employers gearing up for the easing of curbs.

Japan’s economy shrank more than expected in the first quarter as a slow vaccine rollout and new Covid-19 infections hit spending on items such as dining out and clothes, raising concerns the country will lag others emerging from the pandemic.

Bringing the US economy back from the brutal downturn caused by Covid-19 will take time, and hiccups like last month’s weak hiring data will happen, a top Federal Reserve official said Monday.

The tax system of a country has two key elements: tax policy and tax administration. The political economy analysis is vital to understand the factors responsible for facilitating and hindering tax reforms in tax policy and administration in a country and taking reform measures.