The Bangladesh Shipping Corporation (BSC) has decided to dispose of its two fire-damaged oil tankers, “Banglar Shourabh” and “Banglar Jyoti”, for Tk 50.56 crore, including value-added tax (VAT) and taxes..The amount was offered by Chattogram-based shipbreaker Master & Brothers, the highest

Bangladesh and Germany signed three new technical cooperation agreements yesterday.

Businesspeople yesterday expressed frustration over bureaucratic red tape, increasing value added tax (VAT), and a recent proposal to raise gas prices, stating that these are barriers to fresh investment.

The National Board of Revenue (NBR) is set to revise the value-added tax (VAT) on restaurants, reducing it from the standard rate of 15 percent.

The National Board of Revenue (NBR) has announced that certificates, licences and permits (CLP) issued manually by seven state agencies will no longer be accepted for duty assessment and customs clearance from February 1.

The banking regulator found the involvement of Md Abdul Jalil, independent director and executive committee chairman of the bank, in the loan irregularities.

The maritime industry in Bangladesh is facing challenges due to outdated regulatory frameworks, limited access to specialised insurance products, and a lack of awareness among its stakeholders about the importance of comprehensive marine insurance coverage.

The interim government has increased interest rates on various national savings certificates to upwards of 12 percent in an effort to make these instruments more attractive to savers and to cool inflation.

Britain’s annual inflation rate unexpectedly fell to 2.5 percent last month, official data showed Wednesday, easing some pressure on the Labour government faced with economic unrest.

Donald Trump’s policies are not likely to cause inflation to reignite as many analysts fear, one of the president-elect’s longtime economic advisers told AFP Tuesday, less than a week before Trump returns to the White House.

More than a hundred distinct goods and services are subjected to the newly announced value-added tax (VAT) and supplemental duty (SD) rates, further complicating matters for businesses in Bangladesh. Services, industrial manufacturing, apparel and food processing all fall under this category.

China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy.

The USA has been the top country in terms of international spending by Bangladeshi cardholders for the fifth consecutive month until November..The North American country replaced India in July last year when Bangladesh faced deadly student protests over public job quotas, which subsequentl

The National Board of Revenue (NBR) is set to revise the value-added tax (VAT) on restaurants, reducing it from the standard rate of 15 percent..The tax administration informed the Bangladesh Restaurant Owners Association of the decision in a letter, though it did not specify the new rate.

The 23rd Dhaka International Yarn and Fabric Show 2025 (Winter Edition) began at the International Convention City Bashundhara in the capital’s Purbachal yesterday..Anwar Hossain, vice-chairman of the Export Promotion Bureau and administrator of the Bangladesh Garment Manufacturers and Exp

11 separate teams will be formed to investigate people, companies of 11 groups

The deals, valued at 14.45 million Euros, focus on transforming the textile sector, enhancing climate adaptation efforts, and advancing sustainable electric mobility, according to a press release. 

Doulot Akter Mala, president of the ERF, chaired the event

Manual submissions for certificates, licences and permits will not be accepted after January 31

White Paper Preparation Committee 2024 and Citizen’s Platform for SDGs, Bangladesh will jointly organise the event