Experts yesterday emphasised sustainable and efficient river dredging and its proper maintenance to improve the country’s inland waterways to propel industrial and socio-economic development.

Tax collection bounced back in Bangladesh in the last fiscal year to grow at the sharpest pace in 10 years, riding on increased imports and an uptick in receipts of value-added tax.

One and a half years ago, the demand for surgical masks in Bangladesh was met through imports. But the deadly coronavirus pandemic has pushed the local companies to build capacity to produce the essential item locally as the country struggles to tame the contagion.

The high-flying growth of the e-commerce sector of Bangladesh has slowed in recent months, largely because of disrupted supply chains caused by strict lockdown and tightening of belts by consumers.

Downloads of the Alesha Mart android app has crossed 1 million recently, with the customer rating in Google Play Store being 4.0 seven months past launching.

The government is going to recognise 66 exporters with the “National Export Trophy” for the financial year 2017-18 for earning the highest amount of foreign currency through export in their respective sectors.

Since its inception, Bangladesh has become one of the leading exporters of migrant workers and immigrants globally.

Guava farmer Sunil Halder had travelled to Bhimruli village, a famous floating guava wholesale market in Barishal’s Jhalakathi Sadar upazila, to sell about 74 kilogrammes (kgs) of the fruit last Friday.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of factories for the sake of investment, employment and smooth supply chain.

The garment workers will not lose jobs for delays in joining workplaces because of the restrictions on movement during lockdown, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

The government should now strictly monitor the execution of capital dredging under the dredging master plan to improve the waterways as the country is now poised to become a developing country by 2026, experts said today at a webinar.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of industries and factories for the sake of investment, employment and to maintain the supply chain.

Revenue collection rose 20 per cent year-on-year to Tk 259,867 crore in 2020-21 fiscal year thanks to increased import duty, value-added tax (VAT) and income tax receipts.

The government has decided to keep all the export-oriented factories and industries open from August 1 amid the ongoing strict lockdown which started from July 23.

British American Tobacco Bangladesh (BATB) has made its second investment announcement in a span of six months, saying it was aimed at expanding for meeting growing demand from abroad.

A National Board of Revenue’s (NBR’s) temporary permission to shift import-laden containers from the Chattogram port to private inland container depots (ICDs) as a decongestion effort seems to have borne no fruit.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the government to allow them to reopen all factories, including export-oriented industries, citing that export might suffer severely for the continued restriction.

Bangladesh Bank once again said yesterday that it does not allow holding or trading of any kind of virtual coin or cryptocurrency in the country.

The latest monetary policy was declared yesterday, while the previous one was in July 2020. In my immediate reaction I want to question why monetary policies should come about on a yearly basis.

Despite record excess liquidity in the banking system and depressed credit growth, the Bangladesh Bank yesterday said it would continue its expansionary monetary stance in the current fiscal year to help the economy ride out the slowdown.