Factory inspection begins this month

Companies in the chemical, plastic, and food processing sectors will be given priority when safety inspections get underway in the first phase of the government’s move to ensure adequate infrastructure and fire safety measures at all industrial units.
18 October 2021, 18:00 PM

ADP spending hits four-year high

Public expenditure through the Annual Development Programme (ADP) increased and touched a four-year high in the first quarter of the current fiscal year as the pace of project execution by large ministries has accelerated.
18 October 2021, 18:00 PM

Melamine market growing steadily

Households in Bangladesh have historically tended to use earthenware, china, stainless steel and even pewter for dinnerware. But once its use came to be known, melamine products quickly gained popularity, especially in rural and semi-urban areas.
18 October 2021, 18:00 PM

Walmart, FedEx, UPS working to ease Christmas bottlenecks

US President Joe Biden was to host a meeting on Wednesday to hail progress in addressing supply chain problems weighing on the economy and threatening the holiday season, while he asks business and union leaders to do more to ease shipping backlogs.
14 October 2021, 18:00 PM

Moulvibazar gets tourist bus service

The Moulvibazar district administration yesterday launched a bus service to facilitate travel for both domestic and foreign tourists so as to encourage more people to visit the region.
14 October 2021, 18:00 PM

15 lenders to take part in PPP project financing

The Public Private Partnership Authority yesterday signed a memorandum of understanding (MoU) with 15 banks and non-banking financial institutions to facilitate financing of PPP projects.
14 October 2021, 18:00 PM

Documents one should submit with tax return

For the last three years Md Saiful Islam has been preparing and submitting his income tax returns all by himself.
14 October 2021, 18:00 PM

Import tariff cut for onion, raw sugar

The customs authority yesterday reduced import tariff for onion and raw sugar in order to cut costs of businesses and contain the spiralling prices of the two popular items, according to notifications from the National Board of Revenue (NBR).
14 October 2021, 18:00 PM

Italian fashion brand Benetton wants to increase apparel sourcing from Bangladesh

Italian fashion brand United Colors of Benetton has expressed its willingness to increase its apparel sourcing from Bangladesh.
14 October 2021, 14:20 PM

PPP authority, 15 financial institutions team up to finance PPP projects

The Public Private Partnership Authority today signed a Memorandum of Understanding (MoU) with 15 interested banks and non-banking financial institutions to facilitate financing at public-private partnership projects.
14 October 2021, 07:14 AM

Post-Ldc era: BGMEA urges EU to continue trade benefits

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday urged the EU to continue providing trade benefits to Bangladesh for 12 years after the country’s graduation to a developing nation in 2026.
13 October 2021, 18:00 PM

Bangladesh will welcome Russia’s investment: PM

Prime Minister Sheikh Hasina yesterday laid emphasis on expanding fields of cooperation with Moscow, saying Bangladesh will welcome Russia’s investment in its jute industry.
13 October 2021, 18:00 PM

NBR starts income tax survey today

The National Board of Revenue (NBR) will undertake an income tax survey from today to collect information about those who still remain outside of its tax net despite having taxable income. 
12 October 2021, 18:00 PM

Disaster risk management centre opens in Dhaka

A private sector emergency operation centre focusing on disaster risk management was opened at the office of the Dhaka Chamber of Commerce and Industry (DCCI) yesterday.
12 October 2021, 18:00 PM

Local IT firms to get preference in govt procurement

The government is set to provide preference to local IT and software companies in public procurements for setting up digital systems.
12 October 2021, 18:00 PM

Technical textiles a promising sector

Bangladesh has a significant opportunity to expand its hold on the global technical textile and personal protective equipment (PPE) markets once local manufacturers find reliable raw material sources and upgrade their operations, according to a study published yesterday.
12 October 2021, 18:00 PM

Pharma raw material makers get tax exemption until 2032

Manufacturers of raw materials used in making medicines will receive tax exemption until 2032 as the government looks to encourage local production of active pharmaceutical ingredients (APIs) to cut import reliance and bolster exports.
12 October 2021, 18:00 PM

Govt builds technology centre for light engineering, plastics manufacturing

The government is building a technology centre at Bangabandhu High-Tech City in Gazipur especially for the light engineering and plastics manufacturing sectors.
12 October 2021, 12:46 PM

No tax fair this year: NBR

Individual taxpayers will have to submit their income tax returns at tax offices this year too as the annual tax fair will not be held this time to avoid mass gatherings amid the Covid-19 pandemic.
11 October 2021, 18:00 PM

Northern malta growers grab hold of domestic market

Sweet orange grown in the country’s northern districts such as Thakurgaon, Panchagarh and Dinajpur are dominating the local fruit market this season thanks to increased demand and reasonable prices.
11 October 2021, 18:00 PM