The number of electronic filings of tax returns more than doubled to over 5 lakh since July this year, thanks to the steps taken by the National Board of Revenue (NBR). .Individual taxpayers filed 2.17 lakh returns between July 1 and November 24 of this fiscal year, according to the NBR.<

Renata PLC has raised Tk 536 crore by issuing zero coupon bonds and preference shares, saying the funds would be used to reduce its average cost of lending. 

Taufika Foods and Lovello Ice-cream PLC has announced that it would acquire a 50 percent stake in Sharika Foods & Amandala Ltd at a cost of Tk 50 lakh. 

State-owned Atlas Bangladesh and private manufacturer Runner Automobiles have teamed up to cater to the growing local market for motorcycle helmets, which currently relies on imported products.

Mobil Jamuna Lubricants (MJL) Bangladesh Ltd, which blends and markets lubricants and grease products, yesterday announced that its board has approved the purchase of a used oil tanker within a range of $45 million to $47 million.

The world has long been captivated by Silicon Valley: the land of endless innovation, where founders start in garages and build tech giants. It is a formula that many have tried to emulate, but it’s time for Dhaka to write its own recipe—one that works for our unique context, strengths, and challenges.

Nagarbari port, one of the largest riverports in Bangladesh, is mainly used to facilitate the transport of imported fertiliser and coal from Chattogram to 16 northern districts of the country.

Bangladesh Bank yesterday asked banks to find a way to rebuild the image of the country’s banking sector in the international arena as Moody’s recently downgraded Bangladesh’s long-term ratings to B2 from B1.

Despite rising interest rates on deposits and various efforts by the central bank, Bangladesh’s banking sector continues to face a liquidity crisis that has hamstrung some lenders.

The interim government is going to ask ministries to accelerate the implementation of ongoing development projects, Planning Adviser Prof Wahiduddin Mahmud said, as he believes this would help avert a further economic slowdown.

From tomorrow, each bhori of 22-carat gold will cost Tk 140,376

Over 5 lakh submitted e-returns since July 1 to November 24

DSEX gains 19.69 points as of 11:02 am 

With the increase in international trade of Bangladesh, efficient cross-border trade will have notable implications for the country’s status graduation from the least developed country (LDC) to a developing one, said Mahbubur Rahman, president of the International Chamber of Commerce Bangladesh

Stocks in Bangladesh yesterday stretched their losing streak to two days consecutively as investors grappled with the fallout of Moody’s recent downgrade of the country’s foreign credit rating..The US-based credit rating agency also revised its long-term economic outlook for Bangladesh fro

Some global banks are considering temporarily halting fresh credit to India’s Adani Group but staying put with existing loans following US prosecutors’ indictment of its billionaire founder Gautam Adani for fraud, sources said.

There is no denying that Bangladesh’s economy has grown at a fast and more or less constant rate since the early 90s. Similarly, our dependence on foreign loans and grants for development budget had also reduced after, among others, the introduction of VAT.

The government has formed a six-member committee to review the labour and business environment at the Beximco Industrial Park, an enclave of 24 industrial units owned by troubled conglomerate Beximco.

There has been a significant year-on-year rise in the number of containers handled at Chattogram port in the three months till October while there was a drop in the overall handling of cargo and ships.

Around 57 percent of surveyed small and medium enterprises (SMEs) cited the existing tax structure as the main obstacle to doing business in compliance with the law, according to a report by the SME Foundation.