FBCCI calls for task force to simplify tax rules

The Federation of Bangladesh Chambers of Commerce and industry (FBCCI) has urged the government to form a high-powered task force to simplify the tax system and make it business-friendly.
12 June 2021

Ensure people’s participation in budget: expert

The budget will never turn meaningful unless people are involved in its formulation and implementation, said Salehuddin Ahmed, a former governor of Bangladesh Bank, yesterday.
12 June 2021

BGMEA green efforts win US accolade

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has been awarded the prestigious “USGBC Leadership Award” by the United States Green Building Council (USGBC) for its strides in making the local apparel industry eco-friendly.
12 June 2021

Restaurant owners demand VAT cut

Restaurant owners have demanded that the government reduce the value-added tax (VAT) proposed in the fiscal 2021-22 budget as payable by all restaurants, be it of a lower category, moderate or fine dining.
12 June 2021

Stock market cap hits record high

The stock market has risen to new heights with market capitalisation hitting a high point last week while overvalued shares still remaining a concern.
12 June 2021

Cricket accessories business fights for survival

From airlines, tourism and manufacturing to export, import and event management -- all businesses have witnessed the devastating and far-reaching effects of the novel coronavirus.
12 June 2021

Private sector in a sorry state

Bangladesh’s private sector has long been in stagnation because of the coronavirus pandemic, and this was again on display during the auction for sukuk last week.
12 June 2021

Restaurant owners demand VAT cut

The restaurant owners today urged the government to reduce value-added tax (VAT) on fast food sellers to 7.5 per cent from the existing 15 per cent.
12 June 2021

DSE market cap hits Tk 509,937cr -- highest ever

The country's stock market rose to a new height, as the market capitalisation of the Dhaka Stock Exchange (DSE) hit a highest ever level of Tk 509,937 crore on Thursday.
12 June 2021

BGMEA wins prestigious green award

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has been awarded with the prestigious ‘USGBC Leadership Award’ by the United States Green Building Council (USGBC) for the local garment makers’ platform’s efforts for building a green garment sector.
12 June 2021

Toshiba colluded with Japan ministry to undermine shareholders, probe finds

Japan’s influential trade ministry effectively colluded with Toshiba Corp’s management to influence shareholders votes on director nominees at last year’s annual general meeting, an independent probe has found.
10 June 2021

China arrests 1,100 suspects in crackdown on crypto-related money laundering

Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said.
10 June 2021

China arrests 1,100 suspects in crackdown on crypto-related money laundering

Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said.
10 June 2021

China’s banking regulator warns of bad debt, local real estate bubbles

China’s top banking and insurance regulator said banks should guard against a rise in non-performing assets, as the country rolls back some of the relief measures implemented during the pandemic to help firms withstand the fallout.
10 June 2021

Stock turnover well over Tk 2,500cr

The stock market turnover went well over Tk 2,500 crore yesterday, which was encouraging for investors.
10 June 2021

Nialco debuts on CSE

Stocks of Nialco Alloys made their trading debut yesterday, marking the first such exchange for the Chittagong Stock Exchange’s (CSE) board for small and medium enterprises (SMEs).
10 June 2021

Local firm exporting saplings to Qatar

Bangladesh is now playing a part in Qatar’s initiative of turning deserts into greenery, thanks to local firm which is exporting saplings.
10 June 2021

How to maximise tax benefits?

When Finance Minister AHM Mustafa Kamal unveiled his plans for the next fiscal year, many had expectations that the minister would offer some relief to individual taxpayers and enable them to have higher disposable incomes to tide over the pandemic days.
10 June 2021

Raise tariff on imported tiles

Ceramics makers yesterday demanded an increase in the tariff on imported tiles and withdrawal of the local supplementary duty on tiles and sanitary products to protect the domestic industry.
10 June 2021

Regulatory environment should improve further

Bangladesh needs to bring in further progress to the business regulatory environment in order to retain and attract foreign investors, said the top leader of the trade body of global firms operating in the country.
10 June 2021