Beef up negotiation capacity for trade deals

In order to maximise the use of trade agreements to achieve development outcomes, there is an ardent need to strengthen Bangladesh’s capacity to effectively participate in multilateral, regional and bilateral trade negotiations, according to speakers at a webinar.
16 January 2022

Stocks end flat

The prime index of the Dhaka Stock Exchange (DSE) ended flat yesterday while its turnover experienced a rise.
16 January 2022

NBR examines scope for tax rebate on sukuk income

The National Board of Revenue (NBR) is examining the scope for giving tax  rebate on the income of individuals who are investing in the shariah-based sukuk bond, said a senior official of the tax authority yesterday.
16 January 2022

Go for long-term plans for plastic recycling

Bangladesh should undertake long-term plans to establish large scale plastic recycling and organic waste composting facilities to cope with the future growth of waste generation, suggested a new study revealed yesterday.
16 January 2022

Ice cream market sees good growth

Ice cream manufacturers are enjoying robust sales after launching awareness campaigns on how consuming the sweetened frozen food does not increase the risk of contracting a serious case of Covid-19.
16 January 2022

Daraz to launch a refreshed look

E-commerce platform Daraz plans to launch a refreshed look of its brand this year as part of its efforts to build the ecosystem with significant investments in technology.
16 January 2022

Prepaid Gas Meters: Perks aplenty but installation slow

The installation of prepaid gas meters is going on at a snail’s pace even though the system comes with many perks, including cuts in customers’ cost and a reduction in gas wastage.
16 January 2022

Incentive for software, ITES makers for export over $5,000: Bangladesh Bank

Software and information technology-enabled services (ITES) will enjoy export incentive if they abide by some rules set by the Bangladesh Bank during virtual shipment of products worth over $5,000.
16 January 2022

Stocks end flat

The prime index of the Dhaka Stock Exchange (DSE) ended flat today while its turnover experienced a rise.
16 January 2022

Potato growers in a panic for price slump

Potato growers of Thakurgaon and Panchagarh districts are distraught over apprehensions of incurring huge losses for a second year in a row as the market has seen a sharp fall in prices.
15 January 2022

Geyser market heats up as winter bites

Geyser, once thought to be a luxury item afforded only by the wealthy, is increasingly gaining popularity among lower and middle-income groups in Bangladesh as they heat water to beat winter.
15 January 2022

More leeway for private ICDs

The National Board of Revenue (NBR) has formulated the country’s first-ever comprehensive policy for private inland container depots (ICDs) in order to facilitate their operations and expand Bangladesh’s foreign trade.
15 January 2022

Investors wary on bank growth

While big US bank bosses were optimistic on the economic outlook on Friday, pointing to an uptick in some lending businesses and a jump in consumer spending, investors were skeptical on the growth outlook for the sector.
15 January 2022

VAT benefit for mobile makers in economic zones, hi-tech parks

Mobile phone manufacturing or assembly plants in hi-tech parks and economic zones will get VAT benefits, according to a recent notification from the National Board of Revenue (NBR).
15 January 2022

What is your risk appetite in the capital market?

In the capital market, the risk is defined as the willingness to accept the possibility of losses, the ability to admit market fluctuations, and the inability to forecast what will happen next. Technically, risk appetite refers to the maximum amount of risk that you, as an investor, are willing to take to achieve your goals before the risk outweighs the benefits.
15 January 2022

EPZ to be set up in Patuakhali

Work is underway to set up an export processing zone (EPZ) in Patuakhali centering the Payra sea port.
13 January 2022

Bangladesh to be 24th largest economy by 2030

Bangladesh is expected to become the 24th largest economy in the world by 2030 despite a rise in poverty, unemployment and income losses because of the severe impacts of the Covid-19 pandemic, according to a government report.
13 January 2022

Devaluation of taka should be gradual

The central bank should depreciate the taka against the US dollar gradually, if necessary, in order to avoid hurting the economic recovery and stocking inflationary pressures as Bangladesh is an import-dependent country, said Mostafa Kamal, chairman and managing director of Meghna Group of Industries.
13 January 2022

Fire safety violations spotted at 979 factories in 2 months

Factory inspection teams have identified fire safety infractions at around 979 units in the past two months.
13 January 2022

National Bank fined Tk 55 lakh

Bangladesh Bank has fined National Bank Tk 55 lakh for concealing loan related information of 11 persons, which was a gross violation of banking rules.
13 January 2022