Five associations representing the ICT sector yesterday demanded that the government extend tax exemptions on businesses offering software and IT-enabled service (ITES) till 2031, saying their development was crucial to the government’s vision for a Smart Bangladesh.

The benchmark index of Dhaka Stock Exchange (DSE) staged a comeback yesterday, snapping a two-day losing streak.

With tax exemptions for the information technology (IT) and IT-enabled services sector ending after this fiscal year, ICT entrepreneurs are demanding the continuation of such incentives for seven more years to help build a ‘Smart Bangladesh’.

Aavishkaar Capital, a concern of Aavishkaar Group, in partnership with KfW, a German state-owned development bank, has signed an agreement to invest the $5 million from its Environmental, Social and Governance (ESG) First Fund into Midland Bank.

The Bangladesh Securities and Exchange Commission (BSEC) today gives the go-ahead to a zero-coupon bond for Beximco, one of Bangladesh's leading conglomerates, to raise Tk 1500 crore from institutional and high net worth individuals.

The Bangladesh Sugar Refiners Association (BSRA) alleged that the government is being deprived of Tk 3,000 crore annually due to sugar smuggling.

Build a database of the essentials to ensure smooth supply, it says

Local retailers post up to 65% rise in monthly scooter sales

Although foreign aid commitments made to Bangladesh by global lenders surged more than 300 percent year-on-year in the first eight months of the current fiscal year of 2023-24, disbursement has remained almost flat.

There are over 4,000 orchards dotting the district

The central bank said in quarterly review on money and exchange rate

Singer Bangladesh, one of the leading manufacturers and retailers of home appliances in the country, has begun manufacturing products at its new factory, becoming the first entity to do so inside Bangladesh Special Economic Zone (BSEZ) at Araihazar in Narayanganj.

It becomes the first plant in Araihazar economic zone

The plants are located in Dhaka’s Ashulia, Narshingdi’s Madhabdi and Cumilla’s Chandina

Consumption of soybean oil in Bangladesh has declined as a section of consumers have switched to the relatively cheaper mustard and palm oils, according to a report by the US Department of Agriculture (USDA) last week.

A provision in the Income Tax Act 2023 created the discrimination

The DSEX lost 66.73 points to close at 5,834

Gazipur-based APS Knit Composite Ltd scored 71 out of 110

The Putin administration will take 60 workers initially and more in phases

The mobile phone operator’s revenue grows 14.4% year-on-year to Tk 6,150 crore in 2023