Local indigo goes global
Indigo, which reminds of an episode of cruelty during the British colonial rule, is being farmed once again and the famous blue has recently found its way to the US from Bangladesh.
29 October 2018, 18:00 PM
Domestic fridge, AC makers given a fillip
The revenue authority has waived value-added tax and supplementary duty on the import of raw materials to make compressors of refrigerator and air conditioners with a view to facilitating local manufacturing.
23 October 2018, 18:00 PM
Draft law to digitalise customs
A new customs law is likely to be placed in parliament soon under which the associated environment will have to be digitalised by the
20 October 2018, 18:00 PM
One-stop service for businesses by Dec
Entrepreneurs investing in the economic zones will get all types of trade and investment services from various government agencies within 45 working days of their application, according to the One-Stop Service Rules issued by the Prime Minister's Office on Tuesday.
18 October 2018, 18:00 PM
Pineapple, aloe vera make it to export list
Locally grown pineapples and aloe vera are exported abroad in processed form, ushering hopes that farmers would not suffer losses for production gluts, said three persons familiar with the matter.
18 October 2018, 18:00 PM
Kar Bahadur title may go
The tax administrator plans to discontinue the Kar Bahadur title, a decoration that was introduced last year to honour long-time
16 October 2018, 18:00 PM
Joint efforts to ease congestion
The customs authority plans to start working along with all stakeholders soon to ease congestion of vehicles at Benapole and
15 October 2018, 18:00 PM
Hybrid cars fast taking up city lanes
Import of hybrid cars is increasing exponentially on the back of soaring demand for the fuel-efficient vehicles from the upper middle-income people, marketers said.
11 October 2018, 18:00 PM
Shopping habits changing as online retailers spring up
The doorbell rang twice, which made Fazilatun Nesa peek through the peephole.
1 October 2018, 18:00 PM
NBR plans dedicated unit for multinationals
The National Board of Revenue plans to set up a separate unit for multinational companies (MNCs) to provide hassle-free services to
1 October 2018, 18:00 PM
Out of watch with legal shield
Almost every time any government agency tried to ensure accountability and transparency of the duty-free liquor trade, it found itself in a legal limbo.
Over the last two decades, diplomatic bonded warehouses, who import duty-free liquor for diplomats and foreigners, filed writ after writ with the High Court challenging the legality of the government action.
24 September 2018, 18:00 PM
Edible oil prices drop
Edible oil prices have fallen in the local market on the back of a price slump fuelled by higher global production and the US-China trade war, said processors and wholesalers.
23 September 2018, 18:00 PM
GIVEN BY GHOSTS
Officially, most bars and social clubs neither import nor purchase alcohol yet they log huge sales; restrictive law, high import tariff, bureaucratic nightmare encouraging smuggling; govt loses big, earning almost nothing out of this trade.
23 September 2018, 18:00 PM
Measure development by wellbeing, not numbers
Bangladesh has made considerable progress in terms of economic development, catching attention of many global thinkers, said Prof
17 September 2018, 18:00 PM
State sugar mills seek ways to clear stock
State-run Bangladesh Sugar and Food Industries Corporation (BSFIC) has urged the government to increase import duty on the sweetener to curb import and clear its unsold stock of 1.51 lakh tonnes, corporation and revenue officials said.
15 September 2018, 18:00 PM
Local airlines upset despite travel boom
Local airlines nowadays carry nearly double the number of passengers on domestic routes compared to what was five years ago but the surge hasn't translated into profitability, said executives.
5 September 2018, 18:00 PM
Runner allowed to make 500cc bikes
The government has given the go-ahead to Runner Automobiles to import raw materials and components to make motorcycles of over
3 September 2018, 18:00 PM
Quality of economic growth improves
The quality of Bangladesh's economic growth has improved between 2000 and 2015, according to an index developed by the South Asian Network on Economic Modeling (Sanem).
2 September 2018, 18:00 PM
Rice bran oil: exports on the rise
Bangladesh's rice bran oil is gradually making headway in the international market thanks to manufactures' efforts to sell the
29 August 2018, 18:00 PM
Rice import to drop on higher yield
Rice imports nosedived in the past two months and the US Department of Agriculture (USDA) predicted total import would dip to 6
28 August 2018, 18:00 PM