Forex reserves fall to $31.15 billion

Bangladesh Bank cleared $1.05 billion ACU payment on March 6
9 March 2023, 15:10 PM

BKMEA for continuation of current corporate tax rate for 5 more years

The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) today urged the government to cut the tax deducted at source and continue the existing corporate tax rate for another five years.
7 March 2023, 12:04 PM

Textile millers seek removal of import stage taxes on fibres

The Bangladesh Textile Mills Association (BTMA) today sought the scope to import all types of fibres, including recycled and manmade, in the upcoming fiscal year of 2023-24 without paying any duty and other taxes and any non-tariff barriers.
7 March 2023, 11:53 AM

BGMEA seeks cuts in tax deducted at source

Apparel exporters today sought a host of tax benefits, including bringing down the tax deducted at source and withdrawing income tax levied on cash incentives in the upcoming fiscal year, in a bid to help the garment industry deal with the current economic stress.
7 March 2023, 11:41 AM

BB moves to ensure timely encashment of export proceeds

The step may increase the supply of the US dollar in the forex market
6 March 2023, 12:22 PM

SS Steel sees sharp decline in profit

The company’s profit fell by 97.1% year-on-year in the last Oct-Dec quarter
6 March 2023, 11:25 AM

Another local firm gains top green factory certification

NHT Fashions Ltd, a concern of Pacific Jeans Group, has been honoured with Platinum LEED certificate, an upgrade from the previous Gold certificate
4 March 2023, 07:05 AM

Three-day Asia Pharma Expo 2023 begins

Some 645 companies from 27 countries are taking part in this year’s show
2 March 2023, 14:11 PM

LafargeHolcim Bangladesh declares 48% dividend, highest ever

The cement manufacturer’s profit rose 14% year-on-year to Tk 445 crore in 2022
2 March 2023, 13:33 PM

Exports bring $4.63 billion in February

Exports fetched $4.63 billion in February, up 7.81 per cent year-on-year, according to the Export Promotion Bureau.
2 March 2023, 09:03 AM

Exporters will now get Tk 104 for every dollar: banks

Commercial banks raised the exchange rate as part of efforts to establish a single exchange rate
1 March 2023, 13:49 PM

‘Never be complacent, take up new challenges to achieve perfection’

Chowdhury believes this has been the story behind success in the recent years for LafargeHolcim Bangladesh
28 February 2023, 13:59 PM

Meghna Group adds four new oceangoing vessels to fleet

The group now has the highest cargo carrying capacity in the country, 12.2 lakh tonnes
26 February 2023, 12:05 PM

‘ICT can play key role to diversify Bangladesh’s exports’

Ambassadors say at “Ambassadors Night” on the sidelines of BASIS SoftExpo 2023
25 February 2023, 15:51 PM

Bangladesh now home to world’s best green factory

Green Textile Limited Unit 4, a joint concern of Epic Group and Envoy Legacy of Bangladesh, scored 104 out of 110, highest in the globe
25 February 2023, 14:57 PM

‘Forex reserve could hit $200 billion if maritime sector is properly used’

State Minister for Shipping Khalid Mahmud Chowdhury says
25 February 2023, 12:23 PM

South Korean products’ fair begins in Dhaka Saturday

The event titled ‘Showcase Korea 2023’ will be organised by the South Korean embassy, the Korea-Bangladesh Chamber of Commerce and Industry and Korean community in Bangladesh
23 February 2023, 12:00 PM

How USA becomes top remittance source beating Saudi Arabia

The USA has 5 lakh Bangladeshi migrant workers and Saudi Arabia 20 lakh
21 February 2023, 14:43 PM

Exporters to get Tk 103.5 per USD for Dec-Jan export proceeds

The rate will be applicable for shipments of December and January
20 February 2023, 16:19 PM

West Bengal wants to invest in Bangladeshi economic zones

A 20-member team of Bengal Chamber of Commerce and Industry is now visiting Bangladesh
20 February 2023, 14:57 PM