Bepza teams up with StanChart to attract investment for EPZs

Bangladesh Export Processing Zones Authority (Bepza) and Standard Chartered today signed a memorandum of understanding (MoU) to enhance mutual cooperation to attract more investment for the export processing zones.
15 March 2022

‘Special card’ for 1cr people to buy essentials at lower prices: PM

Prime Minister Sheikh Hasina today said one crore people will get “special cards” to buy daily essentials at lower prices.
15 March 2022

VAT on edible oil lowered to 5pc from 15pc

The consumers are going to be relieved from paying value-added tax to buy edible oil particularly soybean oil as the government has decided to eliminate 15 per cent of the indirect tax at imports of crude soybean oil to ease the pressure on their wallets, which is already stressed by high prices of various key essential commodities.
15 March 2022

Ecommerce scam victims: Majority would never get their money back

In the history of Ponzi schemes, there is no example of equitable justice. There is only one outcome: the house of cards comes crashing down, the mastermind is hauled off to jail, and the victims are the ones hung out to dry.
14 March 2022

Ceramic makers oppose raising gas prices

Ceramic manufacturers have urged the Bangladesh Energy Regulatory Commission (BERC) not to hike the prices of gases used for producing ceramic products in order to safeguard the local ceramic industry.
14 March 2022

Govt-traders talks key to smooth commodity supply

The government should immediately sit with businesses to ensure smooth commodity supplies to domestic markets, thereby containing inflationary pressure on common people, said Sabbir Hasan Nasir, executive director of ACI Logistics.
14 March 2022

100pc population now under electricity coverage

Bangladesh has achieved yet another milestone as the government is set to announce that it has brought 100 per cent of the population under electricity coverage.
14 March 2022

Govt launches Sathi to boost financial inclusion of women

The government today launched “Sathi” network aiming to include a woman entrepreneur for providing financial services in every union digital centre as part of the government financial inclusion plans for the women.
14 March 2022

Edible oil’s VAT at production, trading stages waived

The National Board of Revenue (NBR) has finally waived the value-added tax (VAT) on edible oil at both production and trading stages as per the government decision.
14 March 2022

Successful RMG cooperation a symbol of Korea-Bangladesh ties: ambassador

The readymade garment sector cooperation between Korea and Bangladesh has been the symbol and model of successful bilateral ties for the past five decades, said South Korean Ambassador Lee Jang-keun.
14 March 2022

Stocks stretch gaining streak

Stocks continued to rise for a fourth consecutive day riding on the market regulator’s policy intervention to halt the falling trend of share values.
13 March 2022

Premier Bank honours SME women entrepreneurs

Premier Bank honoured women entrepreneurs for their contribution to the small and medium-sized enterprise (SME) sector on the occasion of the International Women’s Day at the Renaissance Dhaka Gulshan Hotel last week.
13 March 2022

SIBL wins Bangladesh Innovation Award-2022

Social Islami Bank Ltd (SIBL) won the Bangladesh Innovation Award-2022 in the category of “Best Innovation–Finance Innovation in Banks” by Bangladesh Innovation Conclave recently.
13 March 2022

16 firms face show-cause for not submitting financial reports

The Bangladesh Securities and Exchange Commission (BSEC) has asked the management of 16 listed companies to show valid reasons for not submitting their financial reports within a certain period.
13 March 2022

NBFIs asked to stop spending on deposit collection

Bangladesh Bank yesterday asked non-bank financial institutions (NBFIs) in the country to refrain from spending to collect deposits from people and organisations.
13 March 2022

HSBC honours businesses

Eight business entities and a government app were crowned at the 2nd HSBC Business Excellence Awards for their role in promoting Bangladesh and contributing to the sustainable growth of the economy during the challenging time brought on by the coronavirus pandemic.
13 March 2022

Rent can soar for excess port stays of containers

Container storage rent at the Chattogram port from tomorrow could quadrupled for stays of excessive periods as Chittagong Port Authority (CPA) looks to force importers to promptly take deliveries and free up space.
13 March 2022

Prize Bonds: Tk 35 crore winnings remain unclaimed

Have you ever bought a national prize bond? If you have, then please match your bond numbers with the draw results again as you could be one of those lucky few who are yet to claim their prize despite winning the lottery.
13 March 2022

Denim mills expand as global market booms

Fabric makers in Bangladesh have embarked on a massive expansion to capture more share of the fast-growing global denim market keeping pace with the changing fashion and styles.
13 March 2022

ADB to aid in Bangladesh's post-pandemic recovery

Bangladesh and Asian Development Bank (ADB) at a tripartite portfolio review meeting (TPRM) today agreed actions to further accelerate implementation of ADB-assisted projects for boosting socio-economic recovery.
13 March 2022