Two directors of Taufika Foods and Lovello Ice-cream have announced plans to purchase shares worth around Tk 1.63 crore from the public market through the Dhaka Stock Exchange (DSE) by April 30 this year.
The National Board of Revenue (NBR) has set a target to raise Bangladesh’s tax-to-GDP ratio to 10.5 percent by the fiscal year 2034-35, as part of its newly formulated 10-year revenue strategy, according to official documents.
Banks could face financial risks unless immediate climate action is taken, said the Bangladesh Bank (BB) in its first climate stress testing report published yesterday.
Walton Hi-Tech Industries PLC, a leading electrical and electronic appliance manufacturer, has announced plans to establish a facility to manufacture lithium-ion cells at a cost of nearly Tk 114 crore.
The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to issue a final directive to Banglalink Digital Communications Ltd, asking the mobile operator to deposit 5.5 percent of the total value of its tower sales, along with all applicable VAT and late fees, to Summit Towers Limited within ten working days.
Small agricultural machines tailored for Bangladesh’s smallholder farmers could drive a new wave of cost-efficient productivity and rural prosperity, experts said at a seminar yesterday.
Bangladesh Bank (BB) yesterday urged global credit rating agency Fitch to reconsider its outlook on Bangladesh, reasoning that the country’s economy, especially the external sector, was recovering.
Small agricultural machines tailored for Bangladesh’s smallholder farmers could drive a new wave of cost-efficient productivity and rural prosperity, experts said at a seminar yesterday.
Noni Gopal Baidya, a resident of Sutarkhali union in Dacope, a southwestern coastal upazila under Khulna division, began farming exportable black tiger shrimp on his 6-7 bighas of land in 1991.
Corruption in Bangladesh has not been eradicated and remains quite difficult to eliminate, according to Commerce Adviser Sk Bashir Uddin.
"This downtrend will lead to severe consequences if it is not reversed"
The government has launched an initiative to modernise and revive six shuttered sugar mills, aiming to transform them into profitable enterprises through public-private partnerships and advanced technology.
Islamic wings of conventional banks have become the preferred choice for religiously inclined depositors as many full-fledged Shariah-based banks struggle with a crisis of trust.
Islamic wings of conventional banks have become the preferred choice for religiously inclined depositors as many full-fledged Shariah-based banks struggle with a crisis of trust..This shift has emerged after controversies and financial scandals involving Shariah-based banks, many of which
Stock investors attributed the lack of interest among general shareholders to the company’s significant losses
He further claimed that large-scale corruption, which previously led to the theft of Tk 28 lakh crore, is no longer occurring at the same level.
At the start of the fiscal year, the government raised the SIM tax by 50 percent to Tk 300. AMTOB also called for Supplementary Duty (SD) and Surcharge (SC) removal on telecom services.
As part of the initiative, the CPA arranged an 11-day training on the use of the IORIS platform
