Why are onion prices rising abruptly?
According to the state-run Trading Corporation of Bangladesh (TCB), local varieties of onions were being sold for Tk 105 to Tk 115 per kg yesterday compared to Tk 95 to Tk 100 per kg a week ago.
10 July 2024, 16:25 PM
3.64 lakh insurance policies discontinued in January-March
Some 3.64 lakh policies of 36 life insurance companies of Bangladesh lapsed in the first quarter of 2024 due to a myriad of factors, including the worsening financial health of clients and agents’ tendency not to disclose key information while making sales.
9 July 2024, 18:00 PM
Govt draws up list of 494 products for GI status
The government has prepared a list of 494 products to secure geographical indication (GI) recognition for them in order to safeguard the source of their origin, enhance their economic value at home and abroad, and fetch financial benefits for producers.
7 July 2024, 18:00 PM
Jewellery machinery expo begins in Dhaka
Appraise your gold jewellery down to the precise purity in just 10 seconds, watch in amazement as a broken gold chain is repaired in a heartbeat, or witness new links being forged through a machine in seconds.
4 July 2024, 18:00 PM
NBR abandons plans to cut tax for AC, fridge and bike makers
The tax administration backtracked from its decision to levy a 5 percent tax on incomes generated by manufacturers of motorcycles, air conditioners and refrigerators until 2032, raising it to the previous rate of 10 percent.
1 July 2024, 18:00 PM
Move to get GI status for Sundarbans' honey finally gathers steam
Seven years after an application by the deputy commissioner of Bagerhat district, the Department of Patents, Designs and Trademarks (DPDT) has finally taken the initiative to register Sundarbans' honey as a GI (geographical identification) product.
30 June 2024, 16:12 PM
16 non-life insurers fined Tk 83 lakh for irregularities
All but Bangladesh Co-operative Insurance have already paid the fines
29 June 2024, 13:45 PM
No ray of hope for migrant workers in budget
The government has neglected to outline adequate initiatives in the proposed budget for the next fiscal year to support migrant workers, meaning the country may miss out on opportunities to raise remittance earnings on the back of a higher number of Bangladeshis going abroad.
27 June 2024, 18:00 PM
Kaus Mia: a role model in a nation where tax noncompliance is rife
The late successful businessman had been one of the highest taxpayers in Bangladesh since 2010-11
25 June 2024, 16:14 PM
Despite Eid-ul-Azha, broiler chicken prices rise in Dhaka
Prices of broiler chicken had decreased after Eid-ul-Azha last year, apparently due to the increased availability of beef and goat meat, but this year the situation is different in Dhaka.
20 June 2024, 18:00 PM
Full-scale rawhide trade yet to start
Full-scale rawhide procurement across the country has yet to begin due to rainfall and subsequent delays in animal sacrifices.
19 June 2024, 18:00 PM
‘High inflation to impact this year’s rawhide collection’
Inflation staying persistently high at over 9 percent for the past two years will lead to a lower number of animals being slaughtered this Eid-ul-Azha, the peak season for collecting rawhides, according to Bangladesh Tanners Association (BTA).
16 June 2024, 00:00 AM
Essential Commodities: Prices go up ahead of Eid
As Eid-ul-Azha approaches, consumers brace for a hike in the prices of essential commodities, a trend seen all too often ahead of Eids.
14 June 2024, 18:00 PM
Demand for air ambulances on the rise
The demand for air ambulances has grown steadily in Bangladesh in recent years due to rising affordability and entry of a number of operators.
14 June 2024, 18:00 PM
How helicopters took Dhaka’s denizens to the skies
Over 10 companies now have 36 choppers due to increased demand
14 June 2024, 18:00 PM
Record number of sacrificial animals up for Eid sale
A record number of sacrificial animals are up for sale this Eid-ul-Azha due to the surplus of the animals, which were left largely unsold during last year’s Eid.
13 June 2024, 18:00 PM
Return filing a must for hotels, restaurants and clinics
Nearly five lakh additional establishments are expected to come under the tax net as the government is going to make proof of submission of return (PSR) mandatory for hotels, restaurants, clinics, and diagnostic centres.
13 June 2024, 00:45 AM
Tax exemption in FY25 rises to Tk 163,000cr
Tax exemptions provided by the National Board of Revenue (NBR) are estimated to rise to Tk 163,000 crore in fiscal 2024-25 as the tax administration looks to ease the pressure on individuals and facilitate higher economic growth.
7 June 2024, 18:00 PM
Chicken, egg prices rise on supply shortage, higher production costs
The prices of broiler chicken and eggs, staple food sources for protein for many middle and low-income groups, have increased in the country's markets over the past week due to shortages in supply and an increase in production costs.
5 June 2024, 18:05 PM
Reduce cost of doing business to facilitate investment
Businesspeople in Bangladesh have called for improving the ease of doing business and reducing the cost of production to establish a conducive trade and investment ecosystem.
3 June 2024, 01:00 AM