Govt to fine foreigners overstaying visas, working without permit

The government has decided to impose fines and progressive tax on a daily basis on foreigners for overstaying their visas and working illegally in Bangladesh, according to a decision taken at a meeting on Tuesday. 
7 February 2024, 15:52 PM

Insurers seek tax, VAT breaks in next budget

The Bangladesh Insurance Association (BIA), a platform for insurance companies, has proposed withdrawal of the VAT applicable to policyholders in order to help the health insurance sector expand.
6 February 2024, 18:30 PM

6-day furniture fair opens in Chattogram

A six-day furniture fair kicked off at GEC Convention Centre in Chattogram city yesterday featuring products of 27 enterprises, including New Antique, Heaven Furniture, Shoilpik, Hatil, Hatim, Vegas, P2P, JMG, Akhi and Royel and Right.
6 February 2024, 18:00 PM

Genex Infosys to build IT infrastructure for Saudi company at Patenga container terminal

Genex Infosys, a leading outsourcing IT provider, will build turnkey IT infrastructure for Red Sea Gateway Terminal Bangladesh Limited (RSGT) at the Patenga container terminal
6 February 2024, 07:52 AM

Shahjibazar Power to stop plant operations as deal with govt to expire

Khulna Power Company Ltd (KPCL) today notified the closure of its plant as the electricity sales agreement with the Bangladesh Power Development Board (BPDB) is set to expire on February 9
6 February 2024, 07:00 AM

Robbery rate drops in Chattogram port

Armed robberies of domestic and foreign vessels coming into the Chattogram port decreased sharply in the concluding year, according to two international organisations.
5 February 2024, 18:30 PM

Purchasing Managers’ Index launched in Bangladesh

A Purchasing Managers' Index has launched for the first time in Bangladesh today, with data generated by the real-time, data-based early economic indication system set to be published in April.
5 February 2024, 15:47 PM

Grameenphone’s profit rebounds in 2023

However, GP recommended dividend, which is lowest at least since 2015
5 February 2024, 15:28 PM
5 February 2024, 15:10 PM

BB creates ‘Policy Advisor’ post to implement banking reforms

Deputy Governor Abu Farah Md Nasser likely to be appointed in the post
5 February 2024, 14:25 PM

EU wants to invest more in Bangladesh

EU Ambassador Charles Whiteley meets Finance Minister Abul Hassan Mahmood Ali
5 February 2024, 12:15 PM

BUILD appoints FBCCI president as new chairperson 

Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has been appointed as the chairperson of the Business Initiative Leading Development (BUILD)
5 February 2024, 09:58 AM

State minister for commerce seeks Chinese investment

State Minister for Commerce Ahsanul Islam Titu yesterday sought Chinese investment for import substitution to reduce the big trade gap with China.
4 February 2024, 16:45 PM

Factory closed, still Khulna Printing’s share price rises 422%

Dhaka Stock Exchange visits the company’s closed production unit
4 February 2024, 15:34 PM

IT exports in the slow lane as demand falls

Information technology exports from Bangladesh dropped 4.4 percent in the first five months of the current fiscal year as the demand for software developers and products has fallen due to the lingering global economic slowdown.
4 February 2024, 15:17 PM

Furniture fair begins in Ctg on Feb 6

Bangladesh Furniture Industries Owners Association will organise the six-day event
4 February 2024, 13:44 PM

Exports rebound with 11.45% rise in January

However, the amount, $5.72b, is 0.69% lower than the monthly target
4 February 2024, 11:25 AM

BB to bring default loans to below 8% by June 2026

Action plan has already been taken, the central bank says
4 February 2024, 11:09 AM

Bangas profit jumps 14%

 Bangas Ltd recorded a 14 percent profit growth year-on-year for the period of October-December 2023-24 financial year
4 February 2024, 09:26 AM

StanChart, Friendship light up char village with solar power

Ratna Akhter, a 15-year-old student of grade nine, previously used kerosene lamps when studying at home in Ghughumari, a remote char in northern Bangladesh with about 2,300 inhabitants.
3 February 2024, 18:00 PM