Mercantile Bank shareholders approved 10 per cent cash and 2 per cent bonus dividends for 2022. 

Mushroom production in the country has increased almost three times in the last 12 years thanks to technological innovation and reductions in production costs, according to the agriculture ministry documents. 

The fascinating story of the dollar has taken a new turn that is widely known as de-dollarisation. Countries are cutting their reliance on the US dollar as the reserve currency, the primary medium of exchange and the unit of account.

The Bangladesh Elevator Escalators and Lift Importers Association (BEELIA) yesterday demanded the withdrawal of the proposed duty on imports of elevators and escalators in the national budget for fiscal year (FY) 2023-24.

Bangladesh needs to improve on cumbersome government approval procedures, customs clearance delays, restrictions through customs duty and processes for receiving remittance to attract more Japanese investment, said Iwama Kiminori, Japanese ambassador to Bangladesh, yesterday. 

The advanced income tax (AIT) should be abolished as the National Board of Revenue’s overall capacity to realise taxes has expanded, according to Planning Minister MA Mannan.

Foreign investors in Bangladesh yesterday expressed concern over some provisions of a proposed income tax law alongside measures, including one on increasing the minimum tax on carbonated beverage makers. 

The Bangladesh Bank yesterday approved the guideline on digital banks, paving the way for establishing branchless banking operations, a development that is expected to accelerate cashless transactions and digital transformation.

Japanese ambassador says at JBCCI, Jetro seminar

Interested investors should have a paid-up capital of Tk 125 crore

The alliance will play a pivotal role in initiating policy dialogues focused on reducing carbon dioxide emissions, developing climate-responsive power policies, establishing power purchase agreements and identifying climate-smart investment opportunities

Bangladesh Elevator Escalators and Lift Importers Association (BEELIA) says

The DSEX, benchmark index of the Dhaka Stock Exchange (DSE), lost 24 points, or 0.38 per cent, to 6,274.

The DSEX, the benchmark index of the bourse in Bangladesh, inched up 7 point, or 0.12 per cent, to 6,306 at 11:18 am.

Growers in Tangail have big smiles on their face as their off-season watermelons are fetching higher prices since demand has been good owing to the sweltering heat. 

The digital divide continues to exist in Bangladesh underscoring disparities in internet access between rural and urban areas, while gender digital divide also worsened.

For the first time, the National Board of Revenue (NBR) has sought to grant opportunity to individuals and companies to de-register or make their taxpayer identification number (TINs) dormant owing to no taxable income and dissolution.

The deposit growth in the banking sector of Bangladesh rose in the first quarter of 2023 from a quarter ago as businesses prefer to park funds with lenders instead of making investments amid the ongoing economic slowdown and uncertainty.  

The Bangladesh Bank yesterday instructed non-bank financial institutions (NBFIs) to put in place a clear human resources policy to ensure hiring of honest and efficient persons in transparent manner and establish good governance in the sector.

Training support for women in supervisory roles leads to higher productivity in the garment factories, a new assessment of the International Finance Corporation (IFC) and the International Labour Organisation showed.