Paddy price stays low as aman harvest beckons
Paddy prices are refusing to pick up, much to the anxiety of farmers who are set to kick off aman paddy harvesting next month.
14 October 2019, 18:00 PM
Low paddy prices dent demand for farm machinery
Prolonged low prices of paddy and floods have dampened the demand for agricultural machinery among farmers who are losing interest in making new investments, according to marketers.
9 October 2019, 18:00 PM
Jute goods makers get a shot in the arm
Jute goods makers have got a shot in the arm from the National Board of Revenue, which has extended reduced tax benefit to them until fiscal 2022-23.
At present, jute goods manufacturers pay 10 percent tax on their export income instead of 35 percent. But that privilege was due to
8 October 2019, 18:00 PM
NBR seeks funds to buy 14 container scanners
The National Board of Revenue plans to buy 14 container scanners to boost examination of export and import consignments and curb evasion of duties through false declaration.
5 October 2019, 18:00 PM
The changing landscape of home financing
The dream of having a home of their own began to take root the day Mithu and Dipti tied knot.
5 October 2019, 18:00 PM
Source tax on export to be slashed
The National Board of Revenue is likely to reduce source tax on proceeds from all export items, including apparels, to 0.25 percent to help increase competitiveness of local products in international markets, said a senior official yesterday.
3 October 2019, 18:00 PM
Foreign meat finding niche in local market
Imported cheaper frozen meat has aggressively been displacing homegrown beef in Bangladeshi eateries for the last one and a half years, which is a matter of grave concern for the local industry.
26 September 2019, 18:00 PM
Dice rolling in thru’ legal cracks
Taking advantage of loopholes in laws and policies, importers brought in at least five consignments of gambling equipment.
Even though a 152-year-old law prohibits gambling and the constitution assigns the state to “adopt effective measures to prevent
25 September 2019, 18:00 PM
Onion still skyrocketing
Onion prices kept surging yesterday despite measures and promises from the government to cool down the market of the essential cooking ingredient.
19 September 2019, 18:00 PM
Govt eyes 300MW rooftop solar power
The government is looking to use the rooftops of factories and public agencies to generate about 300MW of clean electricity through solar photovoltaics (PV) -- a move that can slash emissions and dependency on fossil fuel.
16 September 2019, 18:00 PM
Fruits imports soar
A tall glass of chilled vivid purple drink awaits Sarah Hussain as she comes down for breakfast with her family.
12 September 2019, 18:00 PM
NBR plans big to monitor store sales
The revenue authority plans to buy a total of 300,000 sales monitoring devices this fiscal year to bring all shops under an online
24 August 2019, 18:00 PM
NBR plans big to monitor store sales
The revenue authority plans to buy a total of 300,000 sales monitoring devices this fiscal year to bring all shops under an online network and cut the scope for VAT evasion.
24 August 2019, 18:00 PM
Forget cost, safe food must
Goodness has a value and a cost and consumers should understand this and be willing to pay extra because companies have to spend more when they follow good practices with a view to ensuring safety in the value chain of foods.
21 August 2019, 18:00 PM
Factories employing robots to boost output
Local firms are increasingly embracing robots to increase productivity and competitiveness -- a development that is poised to displace workers in the labour-abundant country.
19 August 2019, 18:00 PM
Vegetable exports rebound after four years
Fresh fruits and vegetables export bounced back in fiscal 2018-19, ending four straight years of slump, thanks to higher demand and efforts to improve farming and packaging practices in order to produce and ship disease-free crops.
18 August 2019, 18:00 PM
Entry of Indian cattle drops to a four-year low
Informal entry of cattle, mainly from India, has dropped significantly in the face of strict vigil by law enforcement agencies of the neighbouring country along the border with Bangladesh and rising domestic farming, according to traders and customs data.
10 August 2019, 18:00 PM
Economic zone tax breaks create disparity
The tax exemption benefit given to industrial units inside the economic zones has created disparity between factories outside the
5 August 2019, 18:00 PM
A front-runner in bike industry
If you travel to the old part of Dhaka in winter, you may see colourful kites flying on top of the densely seated buildings. Even if you miss the colours in the air, you may notice ‘Kite’ moving through the congested streets of the city.
29 July 2019, 18:00 PM
Powdered milk imports soar on rising demand
Powdered milk imports are spiralling on the back of increased demand from a section of consumers on health concerns related to locally produced liquid milk and higher use by sweetmeat, confectionery and ice cream makers, said industry operators yesterday.
29 July 2019, 18:00 PM