The National Board of Revenue (NBR) is on course to missing its collection target by a big margin once again this fiscal year, increasingly leaving...

Banks have sought to be excused from the government’s decision to introduce tax on both stock dividends and retained earnings.Finance Minister AHM Mustafa Kamal in...

A two-day career fair is going to begin in the capital on Thursday aiming to connect graduates alongside students with prospective employers.Brac University is organising...

The tax on trade licence renewal is set to increase six times from next fiscal year, raising concerns of soaring operational costs for small and...

The tax benefit granted to gold traders and jewelers to legalise undeclared stocks of the bullion and other precious metals will not be extended beyond...

Bangladesh’s current account deficit continues to pose risks to macroeconomic stability despite its 35 percent fall in the first 10 months of the outgoing fiscal...

Some 400 underprivileged young women of the 2018 batch of the Citi UCEP Technical Education Programme have recently completed their training on industrial sewing operations...

The country’s top online shop entrepreneurs yesterday said the industry would turn into the largest contributor to the national exchequer if the government exempts value-added...

Dairy farmers yesterday threw milk on the street as a mark of protest to the low hike in tariff on imported milk in the proposed...

The prices of a number of commodities will increase, hurting consumers as the VAT network is set to widen after the new law takes effect...

Proper utilisation of the Tk 100 crore fund proposed for start-ups and entrepreneurs is necessary for the sustainability of the economy, Anwar-Ul-Alam Chowdhury (Parvez), president...

The government’s move to raise the mobile operators’ turnover tax to 2 percent from 0.75 percent from the new fiscal year will drive the smaller...

Agricultural mechanisation will reduce the cost of production and make farming profitable, in a boost to the farmers in Bangladesh at a time when they...

A total of 12 companies have shown interest in building the country’s first onshore liquefied natural gas (LNG) import terminal, according to Reuters.Bangladesh is turning...

Financial discipline in the banking sector should be restored in order to overcome the challenges of budget implementation, the International Business Forum of Bangladesh (IBFB)...

Three European ambassadors to Bangladesh yesterday visited Plummy Fashions in Narayanganj to witness environment-friendly knitwear production in the world’s first platinum-rated LEED-certified factory.Sweden’s Charlotta Schlyter,...

Bangladesh has achieved the fastest growth in the Asia-Pacific economies comprised of 45 countries, according to the Asian Development Bank (ADB).The country attained 7.9 percent...

The continuation of concessionary duties on raw material import for motorcycle manufacturers into fiscal 2019-20 would help the fast-growing sector, said market players.Furthermore, Finance Minister...

The Association of Mobile Telecom Operators of Bangladesh (Amtob) yesterday called upon the government to revisit the budget proposal about telecom sector because it goes...

Inflation hit a 13-month high in May thanks to a sharp increase in prices of non-food items on the occasion of Ramadan, which typically sees...

Multinational companies will feel discouraged to reinvest from their incomes if the proposed 15 percent tax on their retained earnings and stock dividends gets go-ahead,...

The introduction of 5 percent advance tax (AT) on imports from next fiscal year will push up operational costs of businesses, particularly for domestic market-oriented...

Economists yesterday suggested massive reforms in the National Board of Revenue (NBR) to separate the tax administration from tax policymaking with a view to bringing...

Bangladesh simultaneously exports and imports international internet bandwidth to and from the same country – India. Such unique-in-the world bandwidth trading started with import when...

The cost for issuing new credit and debit cards will balloon 3-6 times after the government imposed fresh duty on the imported items, which the...

Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in international smartphone shipments, Bloomberg reported.The Chinese technology company is looking at options...

Apparel exporters yesterday voiced their dissatisfaction with the 1 percent cash incentive handed to them in the proposed budget for fiscal 2019-20 as it is...

Four tech-centric trade bodies yesterday said the proposed budget would hinder the growth of digital business and increase costs for consumers.The government has proposed increasing...

Banks have sought to be excused from the government’s plan to introduce 15 percent tax on stock dividend and retained earnings and reserves to encourage...

The government is set to miss the development spending target despite a 21.28 percent year-on-year rise in such spending in the first 11 months of...

Sugar prices have gone up by Tk 120 per mound in the Khatunganj-Chaktai market, the hub for wholesale of commodities in Chattogram, soon after the...

Reshadur Rahman has recently been re-elected chairman of Dhaka Bank.The election took place at the bank’s 353rd board meeting on June 12, according to a...

Huawei is demanding Verizon Communi-cations Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company’s...

Walmart unit Flipkart has settled a legal dispute with an Indian startup that alleged it suffered losses because its products were sharply discounted on the...

The cost of mobile phone usage is going up from tonight as the national board of revenue has already sent statuary regulatory order (SRO) to...

Bangladesh government is yet again giving scope to whiten black money, subjected to investment for the grooming of industrial sector.Finance Minister AHM Mustafa Kamal has...

Budget documents will be available on different websites of the government, as Finance Minister AHM Mustafa Kamal is set to announce the proposed national budget...

It has become a tradition for the budget to be increased every year by 17-18 percent so this year, there was no reason to expect...

Default loans in state-run commercial banks soared 10.64 percent, or Tk 5,184 crore, in the first quarter of the year -- in the strongest sign...

After a span of five years, state-owned enterprises jointly incurred a loss in the outgoing fiscal year largely because of Bangladesh Power Development Board’s (BPDB)...

A public hearing yesterday shed light on, what customers termed, “unbearable” service quality of mobile phone operators, especially the “huge” number of call drops, “sluggish”...

The new budget will provide directives on reforms in education and financial sectors and incentives for the stock market, the finance ministry said yesterday.“These are...

Robi is planning to raise Tk 400 crore from the local market by issuing a Shariah-based security bond with the face value of each certificate...

Cautious budget and fiscal policies and their proper implementation are needed for Bangladesh to become a higher-income country in just over two decades, said former...

The government may increase the tax at source on interest income from investment in national savings instruments in the next fiscal year as it looks...

The government may bump up bank borrowing by as much as 77.32 percent to Tk 54,800 crore for financing the budget deficit in fiscal 2019-20...

The government plans to bring in more people under its social safety net programme, including all disabled people, in the next budget as it looks...

Import-laden containers are piling up at Chattogram port mainly due to slow delivery as operations of factories and vehicular movement are yet to return to...

Pran has recently started collecting and pulping mangoes for this year to manufacture drinks and other food items.The agro-processor aims procuring 60,000 tonnes of mango...

Stocks maintained its gaining streak after the Eid vacation thanks to the optimism stemmed from the finance minister’s latest announcement of keeping ‘something’ for stock...