This marked the steepest decline since the Covid-19 pandemic, when roughly 3.8 lakh vehicles were registered with the BRTA
Bangladesh’s interim government has moved to restructure the country’s tax system by creating two new divisions under the Ministry of Finance, a move aligned with recommendations from the International Monetary Fund.
Stocks fell last week as concerns over potential corporate tax hikes in the upcoming budget weighed on investor sentiment.
The decision to pursue the listing was approved during a board meeting held on January 23, according to a press release issued yesterday
Titas Gas Transmission and Distribution Company, the state-owned gas distributor, reported a significant loss in the second quarter of fiscal 2024-25, driven by a sharp increase in system loss.
The plan has been outlined in the draft of a new ordinance
The World Bank today approved three loans totalling $1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development, it said in a statement.
Bangladesh Bank yesterday asked the foreign ministry to verify a number of information of five foreign shareholders of Nagad Digital Bank PLC.
Bankers today decided to pay a total of Tk 110.70 to migrant workers and non-resident Bangladeshis for a US dollar from this week in order to encourage them to send foreign currency through formal channels, according to a meeting.
Local biscuits manufacturing giant Olympic Industries today said its profit jumped 42 per cent in the first three quarters of the current financial year of 2022-23, powered by increased sales revenue.
Crystal Insurance Company Limited’s profit declined 3.88 per cent year-on-year to Tk 10.88 crore in the financial year that ended on December 31.
The Bangladesh Bank has bought 72.8 decimals of land from Islami Bank Bangladesh Ltd (IBBL) in the capital for Tk 110 crore.
The planned comprehensive economic partnership agreement (Cepa) could be a game-changer for both India and Bangladesh in terms of trade, said Indian High Commissioner Pranay Verma yesterday.
Re/DRESS, a fashion brand using nearly 100 per cent recycled cotton or polyester textiles in Bangladesh, has launched its products in Dhaka.
Banks in Bangladesh will remain open from 9:30am to 4:00pm on every working day during Ramadan, which may begin next week based on the sighting of the moon.
The Centre for Policy Dialogue (CPD) today urged the government to reduce the duties and taxes, both at import and domestic levels, on essential commodities in order to provide some respite to consumers with low and limited income amid higher inflation.
The Bangladesh Economic Association (BEA) today urged the budget planners to employ all possible ways to reduce the inequality related to wealth, income, health, and education.
The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) today urged the government to cut the tax deducted at source and continue the existing corporate tax rate for another five years.
