The amnesty to legalise undisclosed income without any question and on payment of 10 per cent tax is likely to continue in the upcoming fiscal year for individuals who will make a new investment to set up factories, officials said.

Mobile financial service bKash has launched a campaign donating Tk 10 to the country’s healthcare sector for every Tk 5,000 or more added to customer accounts.

Firms in Asia should beef up their efforts to embrace artificial intelligence (AI) technology that is reshaping the traditional manufacturing industry, experts said.

The stimulus packages for small and medium enterprises (SMEs) and the agriculture sector should be expanded and redesigned in the next budget considering the Covid-19 fallout, experts said at a webinar held yesterday.

The Bangladesh EPZ Investors’ Association (BEPZIA) has requested the government to keep the export processing zones (EPZs) open during the nationwide lockdown to ensure smooth payment of salaries and allowances to workers.

Garment factory owners have expressed their intention to keep running their industrial units during the upcoming lockdown, while union leaders are divided on the issues of ensuring workers’ safety and livelihoods.

The government has taken steps for faster import of 5 lakh tonnes of wheat from Russia.

Kyrgyzstan’s President Sadyr Japarov has lauded the success Bangladesh has achieved in garments and medicine sectors and urged the entrepreneurs of the south Asian country to invest in the landlocked nation.

Customs houses at ports and field offices for value-added tax will remain open during the seven-day countrywide complete lockdown starting from Monday.

The investors of the export processing zones (EPZs) have requested Bangladesh Export Processing Zones Authority (Bepza) to keep the EPZs open during the upcoming countrywide shutdown starting from June 28.

The government is going to import 5 lakh tonnes of wheat from Russia.

Foreign Minister Dr AK Abdul Momen said the nation should be prepared with skills, education and infrastructure as a major shift is taking place in the world economy.

Four small capital-based companies which have returned from the over-the-counter (OTC) market have been turned into new pawns by gamblers in Dhaka Stock Exchange (DSE).

Finances play a significant role throughout a person’s life. But money management skills are rarely taught at schools and colleges. As a result, most people struggle in making informed financial decisions.

Bangladesh’s primary textile sector is undergoing rapid changes with local millers taking to producing significant amounts of manmade fibres alongside cotton fibres to meet rising global demand.

Eighty-three per cent of the cottage, micro, small and medium enterprises did not receive stimulus relief as it was not well-tailored and did not consider the challenges and needs of small entrepreneurs, a new survey found.

Bangladesh’s manufacturing sector risks becoming uncompetitive because of lower productivity and its reliance on low labour costs as wages are rising locally and the use of labour-saving technologies is growing globally, said the World Bank yesterday.

The potent greenhouse gas methane is spewing out of natural gas infrastructure across the European Union because of leaks and venting, video footage made available to Reuters shows.

Confidence among Canadian exporters has surged to its highest level in more than 20 years, amid mounting optimism that a sustained global economic recovery is underway, a survey by Export Development Canada (EDC) showed on Thursday.

Brac Bank has recently witnessed the appointment of a new deputy managing director and chief anti-money laundering compliance officer.