Garment makers today demanded creating an effective business-friendly environment and improving the ease of doing business to attract more investment in the country, especially in non-cotton or manmade fibre (MMF) based textiles.

The allocations for the youths in the budget is not enough to cope with the fallout induced by the Covid-19, speakers at a webinar said today.

The stock market experienced a fall today as investors went for booking profits and the major drops in prices were seen in the high-flying insurance stocks.

To be honest, entrepreneurship is someone’s career choice but it is assumed as the toughest among all.

Police fired teargas canisters and used water cannon when workers of two closed factories of Dhaka Export Processing Zones (DEPZ) demonstrated and blocked Nabinagar-Chandra highway in front of the DEPZ demanding their dues.

Bangladesh Small and Cottage Industries Corporation (BSCIC) inaugurated its One Stop Service today to attract domestic and foreign investment.

Social media giant Facebook today got Value Added Tax (VAT) registration from the National Board of Revenue (NBR) after two years of stalemate.

Md Aiyub Khan, a farmer of Kollanpur char in Pabna’s Bera upazila, cultivated 10 bighas of land to produce 100 maunds of peanut, the only crop that can be grown on sandbanks.

The Federation of Bangladesh Chambers of Commerce and industry (FBCCI) has urged the government to form a high-powered task force to simplify the tax system and make it business-friendly.

The budget will never turn meaningful unless people are involved in its formulation and implementation, said Salehuddin Ahmed, a former governor of Bangladesh Bank, yesterday.

President Joe Biden’s administration, under pressure from labor unions and US senators including from his home state of Delaware, is considering ways to provide relief to US oil refiners from biofuel blending mandates, three sources familiar with the matter said.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has been awarded the prestigious “USGBC Leadership Award” by the United States Green Building Council (USGBC) for its strides in making the local apparel industry eco-friendly.

IDLC Investments has recently been accorded a “Best Investment Bank in Bangladesh” title at FinanceAsia Country Awards 2021.

Restaurant owners have demanded that the government reduce the value-added tax (VAT) proposed in the fiscal 2021-22 budget as payable by all restaurants, be it of a lower category, moderate or fine dining.

Investors will be zeroing in on the Federal Reserves monetary policy meeting next week as a “Goldilocks” market environment that has helped lift stocks to record highs and tamed a bond selloff is tested by rising inflation.

The stock market has risen to new heights with market capitalisation hitting a high point last week while overvalued shares still remaining a concern.

Leaders of the Group of Seven rich nations were in broad agreement about the need to continue supporting their economies with fiscal stimulus after the ravages of the Covid-19 pandemic, a source familiar with the discussions said on Friday.

From airlines, tourism and manufacturing to export, import and event management -- all businesses have witnessed the devastating and far-reaching effects of the novel coronavirus.

US financial regulators urged market participants on Friday to accelerate their efforts to detach financial products from Libor interest rate benchmarks, while casting doubt on new benchmarks built to compete with their preferred replacement.

Bangladesh’s private sector has long been in stagnation because of the coronavirus pandemic, and this was again on display during the auction for sukuk last week.