Bloc airs concern over labour, HR situation
In tandem with latest such western moves comes a European Union report carrying concerns over labour-and human-rights situation in Bangladesh, with implicit reference to facilities ...
Dollar depreciation stokes forex fears
Yet another appreciation of the local currency against the US dollar surprises money-market analysts who see the cuts in exchange rate as 'artificial', not driven ...
NBR to address flaws in new income tax law
The National Board of Revenue (NBR) has taken initiatives to address the flaws identified in the new Income Tax Act 2023 for the greater interest ...
Train to Cox's Bazar embarks on maiden journey today
The first-ever intercity train between Dhaka and Cox's Bazar will roll on from the beach town this (Friday) afternoon, marking a momentous occasion in Bangladesh's ...
Loss of market threatens permanent closure of Dulamia Cotton Mills
Dulamia Cotton Spinning Mills may have to shut down permanently for the company has failed to revamp its production unit, replacing outdated machinery. It has been ...
FAS Finance on its death bed with liabilities tightening noose around it
FAS Finance & Investment is bound to have a slow death. What is to be seen is how long it can survive bearing losses. Loan scams ...
COP28: Bangladesh to work together with other countries to resolve five important issues
The 2023 United Nations Climate Change Conference, more commonly referred to as COP28, kicks off on Thursday at Dubai, United Arab Emirates with a resounding ...
NBR chairman says new income tax law has loopholes, needs fine-tuning
National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem on Thursday acknowledged the existence of certain loopholes in the recently enacted Income Tax ...
BNP declares another spell of 48-hour blockade from Sunday
The BNP and like-minded parties will again enforce a 48-hour fresh road-rail-waterway blockade across the country starting from Sunday morning to protest the schedule for ...
Tax-revenue grows 14.36pc in July-Oct, yet misses mark
Tax-revenue collection by government's revenue authority grew 14.36 per cent in July-October of the current fiscal, pushed by price rises, yet the receipt missed the ...
Best Holdings IPO Bidding: Cut-off price set at Tk 35
The cut-off price of initial public offering (IPO) shares of Best Holdings has been fixed at Tk 35 each through electronic bidding process involving eligible ...
Meghna Petroleum suffers cash crunch in Q1 on higher payments to suppliers
The state-run Meghna Petroleum suffered a net operating cash crisis in the first quarter (Q1) of this fiscal year due to increased payments to suppliers, ...
Bank lending rate unfettered with spread limit lifted
Spreads for both bank advances and deposits are finally uncapped in central bank's revised bid to allow free movement of lending rates through bending regulatory ...
Intraco ready to inject bottled Bhola gas into industries
Stranded gas from Bhola Island is set to be transported to gas-starved industry boilers around the capital shortly, following the completion of necessary works by ...
Dollar deposit in offshore accounts will get 9pc interest: BB
The Bangladesh Bank (BB) has increased interest rates for US dollars deposited in offshore bank accounts as an initiative to raise stocks of dollars. From now ...
217 vehicles set ablaze in one month: Fire service
Arsonists have torched a total of 217 vehicles across Bangladesh in the span of a month since the BNP’s Oct 28 antigovernment rally, according to ...
Deadline for individual tax return submissions extended by two months
The National Board of Revenue (NBR) has extended the time for submitting tax returns for individuals by two months until January 31, 2024. For companies, the ...
Apparel owners tighten regulatory noose around export industry
Apparel owners tighten the regulatory noose around the export industry, in an apparent backlash against furious wage protests, by ordering moratorium on fresh recruitment and ...
Pvt provident funds struggle to navigate tax filing maze
The revenue board's existing electronic system has yet to incorporate any option to register private-sector provident funds as taxpayers even though 27.5-percent tax levied on ...
BD embassy alerts govt about possible sanctions
Bangladesh could be one of the "targets" for stringent measures such as sanctions, trade penalties and visa restrictions threatened in the US Presidential Memorandum on ...
One-third of 10-plus population sans edn, employment, training
Over a third of Bangladesh's current 169.828-million-strong population has no education, employment and job training as per latest total headcount that also shows a significant ...