BGMEA wants more shipping liners, off-docks for timely export

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested global apparel buyers to nominate more shipping liners and off-docks to facilitate timely shipment of export containers.
14 August 2021

Amazon pays Tk 53 lakh VAT

Global e-commerce company Amazon has paid Tk 53 lakh in value added tax (VAT) directly to the revenue authority after it got registration for the indirect tax.
12 August 2021

Rice import duty cut to 25.75% till Oct

The revenue authority has slashed import tariffs on rice until October 30 this year to facilitate private purchases from international sources and contain prices of the staple food in the domestic market.
12 August 2021

Increase use of ICT for skilled manpower

The use of information and communication technology (ICT) has to be increased to create skilled human resources to address the challenges of the Fourth Industrial Revolution, according to speakers at a webinar held yesterday.
12 August 2021

DSE index nears 6,700 points

The Dhaka stock index soared sharply to almost 6,700 points yesterday alongside retail investors’ participation while Bangladesh Bank continues to mop up excess liquidity from the banking system.
12 August 2021

When to submit wealth statement

Anyone with experience of preparing tax returns is aware that there is a complicated part: matching asset with liability.
12 August 2021

Focus more on agro-processing

Bangladesh should double down on its efforts in processing and marketing of agricultural products alongside increasing productivity of the sector, agriculturists and experts said at a webinar yesterday.
12 August 2021

Mills fear sugarcane shortage

All nine sugar mills operating across the country may face a shortage of sugarcane this year as the total farming area of this cash crop has declined by almost half compared to previous growing seasons.
12 August 2021

Modernisation of sugar mills: Little progress in 8 months

Although eight months have passed since the closure of six sugar mills, there has been little progress in modernising them owing to red tape.
12 August 2021

Two mutual funds declare 13pc, 13.5pc dividends

The trustee board of two funds of the Capital & Asset Portfolio Management (CAPM) Company yesterday announced dividends for unitholders for the year ending on June 30, 2021.   
12 August 2021

US garment buyers to get special attention

The government has taken a special initiative to increase the volume of garment export to the US markets, as the shipment of apparel items to the country’s single largest export destination is growing on the back of high demand.
12 August 2021

Manipuri weavers stare at bleak future

Weavers and clothing entrepreneurs in Kamalganj upazila of Moulvibazar usually take on loans to make Manipuri clothing items as they get ready for higher sales ahead of Eid festivals.
12 August 2021

Label Makers to invest $1.14m

Label Makers, a Bangladeshi company, is going to establish a garment accessories plant in Dhaka Export Processing Zone with an investment of $1.14 million.
12 August 2021

Govt limits jute stockpiling

The Ministry of Textiles and Jute has issued a circular stating that no company or individual will be allowed to stockpile more than 1,000 maunds of jute for more than one month.
12 August 2021

Use of ICT needs to be increased to face 4th industrial revolution

The use of information and communication technology has to be increased to create skilled human resources to address the challenges of the fourth industrial revolution, speakers said at a webinar today.
12 August 2021

Govt cuts rice import duty to 25.75pc until Oct 30

The revenue authority has slashed import tariffs on rice until October 30 to facilitate private purchases from international sources and contain prices of the staple food in the domestic market.
12 August 2021

Stocks continue gaining

The Dhaka stocks rallied today sending the benchmark index to near 6,700 amid retail investors’ increased participation.
12 August 2021

Bangladeshi company Label Makers to invest $1.14 million in Dhaka EPZ

The Label Makers Ltd, a Bangladeshi company, is going to invest $1.14 million in Dhaka Export Processing Zone to establish a garment accessories industry.
12 August 2021

South-Bangla bank makes trading debut

South Bangla Agriculture and Commerce Bank (SBAC) debuted on the stock market yesterday and the price of its shares almost immediately soared by 10 per cent as no one was selling the stock.
11 August 2021

National Fisheries Week from Aug 28

National Fisheries Week will be observed across the country from August 28, according to Fisheries and Livestock Minister SM Rezaul Karim.
11 August 2021