Industries

Industries

International Leasing depositors seek BB intervention

The depositors of the International Leasing and Financial Services Limited (ILFSL) have urged the Bangladesh Bank to intervene so they can recover their money.

12h ago

Farm loan disbursement rises in April

Disbursement of agricultural credit by scheduled banks surged significantly month-on-month in April, although it was slightly lower than that in the corresponding period of last year..According to a report by the Bangladesh Bank, banks disbursed a total of Tk 3,239 crore in agricultural lo

14h ago

Four more Bangladeshi garment factories awarded LEED certificates

Three received the highest platinum rating and one gold rating

17h ago

ICC joins coalition of global businesses for ocean sustainability

The initiative highlights the deep interconnection between land and sea

18h ago

How frequent policy shifts deter firms from going public

If a company gets listed, it will enjoy tax benefits, and this is one of the major incentives for them to go public..However, the government’s frequent policy changes have disheartened listed firms many times, as they faced higher tax rates once they got listed..It gave a clear, nega

1d ago

Team Group MD Abdullah Hil Rakib laid to rest

Rakib died in a canoe capsize accident in Canada along with a Biman pilot

1d ago

Mahmud Hasan Khan, new BGMEA president

The BGMEA election board also declared seven others as vice-presidents

1d ago

Repeating mistakes: opportunity missed to make internet better

True reform requires the courage to correct the policy missteps of the past

2d ago

Tourist influx in Rangamati, Sajek peaks during Eid holidays

Nature lovers crowd hill destinations as resorts report full bookings

6d ago

Tax hike to weigh on compliant businesses: FICCI

The Foreign Investors' Chamber of Commerce and Industry (FICCI) yesterday termed reform measures in the proposed national budget "positive" but warned that implementation of certain tax measures may lead to unintended burdens on industries and individuals.

1w ago

Power division gets 30% lower budget allocation

The allocation for the power division in the national budget for fiscal year 2025-26 is around 30 percent less than that of the previous fiscal year, while it has been nearly doubled for the energy and mineral resources division. .The government has decided to cut electricity production c

1w ago

Agri budget not enough to ensure food security: experts

The government has proposed a 3.55 percent rise in the budget allocation for agriculture, food, livestock and fisheries in the next fiscal year, setting aside Tk 39,620 crore..But agro-economists say the increase is far from sufficient to ensure the country’s long-term food security..<p

1w ago

DCCI criticises exclusive port rent exemption for RMG

Other sectors will lose competitiveness if only one sector gets the benefit, the chamber says

1w ago

80% industrial units have so far paid Eid bonus

While 96% of industrial units have paid April salary

1w ago

Chambers warn budget may hurt business, investment

Just a day after the interim government proposed the national budget and tax measures for fiscal year 2025-26, leading business chambers expressed significant concern that several measures could potentially impede business growth and affect investment.

1w ago

Corruption pervasive across the country

Corruption remains a pervasive challenge across the country, undermining the effective implementation of the national budget, Anisuzzaman Chowdhury, special assistant to the chief adviser, said at a post-budget discussion yesterday.

1w ago

Budget targets chocolate, lipstick

If you're planning to import cheap lipstick into Bangladesh anytime soon, think again. The country's interim government, in its latest budget, has quietly declared war on undervalued imports with a series of oddly specific tweaks to customs rules. Among the victims: chocolate bars, lipsticks, eye shadow, and -- wait for it -- inflatable toys.

1w ago

Trade deficit narrows 2.6% in July-April

The country’s trade deficit narrowed by 2.60 percent in the first ten months of the current fiscal year compared to the same period a year ago, thanks to a rise in export earnings coupled with subdued imports..During the July-April period of fiscal year (FY) 2024-25, the trade gap was $18.

1w ago