The cell also cuts freight rates by up to 5%

The prime index of the Dhaka Stock Exchange rose 61.64 points or 1.19% to 5,252

Its board recommended 21% cash dividend, the highest in 8 years

Prior to the rate cut, taxpayers had to pay 30 percent tax on the capital gains over Tk 50 lakh if the gains are realised in five years at any time of a year.

Turnover, which shows the flow liquidity in the market, stood at Tk 157.79 crore

The equipment, which enables rice producers to harvest and thresh their paddy, saves both on time and cost of labour, they said

Instead of holding an income tax fair, the National Board of Revenue (NBR) says it will have dedicated officials and special arrangements at field-level offices to extend tax services and facilitate return submissions throughout November.

IFIC Bank has served a legal notice to Shakib Al Hasan Agro Farm Ltd, an entity owned by its namesake and the former captain of the Bangladesh national cricket team, after a cheque issued by the company bounced.

Small and medium-sized enterprises (SMEs) are the lifeblood of economic development, especially in countries like Bangladesh.

US job growth slowed drastically in October, hit temporarily by hurricanes and labor strikes, in a final major economic snapshot in a razor-edge presidential election campaign where cost-of-living worries have dominated voter concerns.

Tea production in Bangladesh will likely decline this year due to adverse weather, namely sporadic bursts of rain and subsequent flooding, according to market players.

The government has removed the highest investment limit of the Wage Earner Development Bond to encourage non-resident Bangladeshis (NRBs) to send more foreign currency to the country, which has been facing a forex shortage for more than two and half years.

With Bangladesh set to graduate from least developed country (LDC) status at the end of 2026, swift action on an Economic Partnership Agreement (EPA) with South Korea is crucial, the ambassador of South Korea to Bangladesh Park Young-sik said yesterday.

Linde Bangladesh Ltd, a leading medical and industrial gas supplier, saw a massive surge in its profit in the July-September quarter of 2024 compared to the corresponding period last year, according to its latest quarterly financial statements.

Remittance inflow has continued to rise for the past few months, providing a breather for a country facing multiple challenges, including external payment pressures amid dwindling foreign exchange reserves.

Xingchen Textile Co Ltd, a Chinese company, signed a deal with Bangladesh Export Processing Zones Authority (Bepza) yesterday to invest $35.03 million in setting up a textile recycling factory in Mongla Export Processing Zone (EPZ).

Apple reported revenues Thursday that narrowly surpassed analyst expectations, sending shares lower in after-hours trading even as the company enjoyed a boost from iPhone sales.

Bangladesh Apparel Exchange will organise the two-day expo

Migrant Bangladeshis sent home $2.39 billion in October

It will help in developing skills of operators, said the organisers