TIB calls money whitening plan reckless, suicidal

The Transparency International Bangladesh (TIB) yesterday urged the government not to provide any scope to legalise black money in the next budget, terming the facility discriminatory, unconstitutional and conducive to corruption.
22 May 2021

Reopen restaurants

The Bangladesh Restaurant Owners’ Association has urged the government to allow them to reopen the restaurants following health guidelines amid the coronavirus pandemic.
22 May 2021

Implement SME stimulus fully to help them survive

The government should implement the current stimulus packages for the cottage, micro, small and medium enterprises (CMSMEs) and announce another round of support in the upcoming budget to help them survive, said experts and entrepreneurs.
22 May 2021

Textile firms stare at falling profits

Listed textile and garment makers are still suffering from falling profits, impacted by lower sales of clothing in the markets abroad amid the ongoing coronavirus pandemic.
22 May 2021

Cash takes back seat as Covid drives card use

The use of both credit and debit cards went up heavily in March as people purchased more products and services through digital means amid the recent resurgence of Covid-19.
22 May 2021

Lack of info, support barrier to more Japanese investment

Japanese companies doing business in Bangladesh are facing challenges during the coronavirus pandemic, including a lack of information and support from authorities, which may dent the flow of investment, according to investors and a recent survey.
22 May 2021

Ensure budget support for farm industry in north

The national budget for fiscal 2021-22 should include measures that will help sustain the rich agriculture industry in the country’s northern districts, according to various economists and businesspeople in the region.
22 May 2021

Increase tax rebate investment, experts say at ICMAB webinar

The cost and management accountants have urged the government to double the tax rebate to Tk 120,000 from Tk 60,000 at present for investment on deposit pension scheme.
22 May 2021

Fire damages a container in Ctg port

A container loaded with imported goods got damaged when a fire broke out inside a yard of Chattogram port today morning.
22 May 2021

US lawmakers to propose tax credit for sustainable aviation fuel

US lawmakers planned to introduce a bill on Thursday that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry.
20 May 2021

Ford wires its electric trucks for business customers

Ford Motor Co’s newly revealed electric version of its best-selling F-150 pickup doubles down on a bet that the company can beat Tesla Inc and other rivals by giving new technology a familiar face and convincing long-time fleet and business customers that going electric saves money.
20 May 2021

Every second counts as startups race to deliver fresh food

In a railway arch in south London, pickers and packers are in a race against time: to get fresh food to the door of Alastair Dean within 15 minutes of his order hitting an app.
20 May 2021

Mitsubishi announces mega campaign ‘Xpander Xtravaganza’

Mitsubishi Motors Bangladesh recently announced the launching of a mega “Xpander Xtravaganza” campaign for the customers of Mitsubishi Xpander.
20 May 2021

Visionary leadership and Bangladesh in 2041

Visionary leadership is all about being able to visualise a state of being in the future that seems unreal or impossible today. At present, most do not believe that it will be possible and often laugh at it as a pipe dream. It takes amazing courage and a bold attitude to think of possibilities in such a way, and it is not everyone’s cup of tea. Visionary leaders are, therefore, rare and coveted.
20 May 2021

Stocks take a tumble

The stock market took a tumble yesterday due to a profit booking spree among investors while turnover also plunged. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), plummeted 60 points, or 1.02 per cent, to 5,813.
20 May 2021

Protection of small businesses will be top priority now

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) would give highest priority to the protection of the cottage, micro, small and medium enterprises (CMSMEs), as they are the worst hit by the ongoing pandemic.
20 May 2021

Ring Shine Textiles commits forgery

Ring Shine Textiles has sold shares in the pre-IPO (initial public offering) period free of cost through a private offer, a clear act of forgery, according to a special audit of the Bangladesh Securities and Exchange Commission (BSEC).
20 May 2021

Trade deficit widens

The country’s trade deficit widened moderately in the first nine months of the ongoing fiscal due to higher import growth, which is a sign that the economy is gradually recovering from its depressed state of affairs.
20 May 2021

Spend wisely, save up to beat the pandemic

The ongoing coronavirus pandemic has led to great uncertainty over life and livelihoods. As the virus is not going to leave us anytime soon, it will continue to hurt economies and threaten jobs.
20 May 2021

BSEC steps in to beef up bond market

The stock market regulator has stepped forward in strengthening the bond market so that it can be a long-term source of finance.
20 May 2021