Tulip cultivation a potential boon for Tentulia

Tulips are being grown all over Sharialjoth village in Tentulia upazila of Rangpur’s Panchagarh district in a bid to increase tourism and boost the regional economy, according to local officials.
17 January 2022, 18:00 PM

Millers won’t buy jute for over Tk 3,000 per maund

Jute millers and spinners have collectively decided that they will not buy the natural fibre for more than Tk 3,000 per maund from January 20 onwards in the face of rising costs.
17 January 2022, 18:00 PM

Ctg customs foil bid to launder Tk 1.6cr

Chattogram Customs House has seized a consignment on charges of laundering Tk 1.6 crore by exporting 22 times more goods than the declaration.
17 January 2022, 18:00 PM

Bangladesh-US tie is stronger now, diplomats say at envoy Miller's farewell

The economic and business tie between Bangladesh and the US is stronger than the previous normal time because of having a warm relationship between the two countries despite severe fallouts of the Covid-19 pandemic, said John D Dunham, economic and Indo-Pacific Affairs Unit chief of the US embassy in Bangladesh.
17 January 2022, 13:29 PM

Build legal basis before forming new industrial policy: FBCCI standing committee

The government is going to formulate the National Industrial Policy 2021 whereas the existing one could not be implemented properly due to a lack of legal basis, said the FBCCI's standing committee on industry and industrial policy today.
17 January 2022, 13:11 PM

Bill placed in parliament to boost revenue from tourism sector

Bangladesh Tourism Corporation (Amendment) Bill, 2022 was placed in Parliament today in a bid to make the existing law a time-befitting one for earning more revenue from the tourism sector.
17 January 2022, 07:05 AM

Beef up negotiation capacity for trade deals

In order to maximise the use of trade agreements to achieve development outcomes, there is an ardent need to strengthen Bangladesh’s capacity to effectively participate in multilateral, regional and bilateral trade negotiations, according to speakers at a webinar.
16 January 2022, 18:00 PM

Stocks end flat

The prime index of the Dhaka Stock Exchange (DSE) ended flat yesterday while its turnover experienced a rise.
16 January 2022, 18:00 PM

NBR examines scope for tax rebate on sukuk income

The National Board of Revenue (NBR) is examining the scope for giving tax  rebate on the income of individuals who are investing in the shariah-based sukuk bond, said a senior official of the tax authority yesterday.
16 January 2022, 18:00 PM

Go for long-term plans for plastic recycling

Bangladesh should undertake long-term plans to establish large scale plastic recycling and organic waste composting facilities to cope with the future growth of waste generation, suggested a new study revealed yesterday.
16 January 2022, 18:00 PM

Ice cream market sees good growth

Ice cream manufacturers are enjoying robust sales after launching awareness campaigns on how consuming the sweetened frozen food does not increase the risk of contracting a serious case of Covid-19.
16 January 2022, 18:00 PM

Daraz to launch a refreshed look

E-commerce platform Daraz plans to launch a refreshed look of its brand this year as part of its efforts to build the ecosystem with significant investments in technology.
16 January 2022, 18:00 PM

Prepaid Gas Meters: Perks aplenty but installation slow

The installation of prepaid gas meters is going on at a snail’s pace even though the system comes with many perks, including cuts in customers’ cost and a reduction in gas wastage.
16 January 2022, 18:00 PM

HC allows Evaly to withdraw Tk 2.35cr

The High Court yesterday allowed the controversial e-commerce platform Evaly to withdraw Tk 2.35 crore from its accounts with Southeast Bank and City Bank for running the company, including paying remuneration for the board formed by the court.
16 January 2022, 18:00 PM

Incentive for software, ITES makers for export over $5,000: Bangladesh Bank

Software and information technology-enabled services (ITES) will enjoy export incentive if they abide by some rules set by the Bangladesh Bank during virtual shipment of products worth over $5,000.
16 January 2022, 14:29 PM

Stocks end flat

The prime index of the Dhaka Stock Exchange (DSE) ended flat today while its turnover experienced a rise.
16 January 2022, 11:52 AM

Investors wary on bank growth

While big US bank bosses were optimistic on the economic outlook on Friday, pointing to an uptick in some lending businesses and a jump in consumer spending, investors were skeptical on the growth outlook for the sector.
15 January 2022, 18:00 PM

VAT benefit for mobile makers in economic zones, hi-tech parks

Mobile phone manufacturing or assembly plants in hi-tech parks and economic zones will get VAT benefits, according to a recent notification from the National Board of Revenue (NBR).
15 January 2022, 18:00 PM

What is your risk appetite in the capital market?

In the capital market, the risk is defined as the willingness to accept the possibility of losses, the ability to admit market fluctuations, and the inability to forecast what will happen next. Technically, risk appetite refers to the maximum amount of risk that you, as an investor, are willing to take to achieve your goals before the risk outweighs the benefits.
15 January 2022, 18:00 PM

Potato growers in a panic for price slump

Potato growers of Thakurgaon and Panchagarh districts are distraught over apprehensions of incurring huge losses for a second year in a row as the market has seen a sharp fall in prices.
15 January 2022, 18:00 PM