Social dialogues need to be launched in various industries to empower women and strengthen the country’s trade unions, speakers said at a discussion yesterday.

Trade between Bangladesh and Russia will increase considerably if the complexities regarding double taxation and banking channels are removed, according to Commerce Minister Tipu Munshi.

The VAT Intelligence has sued Nahid Enterprise for evading value-added tax of Tk 275 crore between July 2016 and May 2021.

The government is undertaking a mega project worth Tk 2,541 crore to create an enabling environment for the digital economy as it gears up for the Fourth Industrial Revolution.

Loans written off by banks in Bangladesh nosedived as lenders’ ability to keep 100 per cent provisioning against delinquent assets has squeezed amid business slowdown caused by the coronavirus pandemic.

Alibaba Group Holding Ltd said it will reorganise its international and domestic e-commerce businesses and replace its CFO - changes that come as the tech giant grapples with an onslaught of competition, a slowing economy and a regulatory crackdown.

The Dhaka stocks continued to rise for the fourth consecutive day.

The benchmark index of the Dhaka bourse rose today although the blue-chip index experienced a drop.

E-commerce customers and merchants waiting for their money stuck in the central bank’s payment gateway can expect their amounts from next week, said the chief of the commerce ministry’s Digital Commerce Cell yesterday.

Selim RF Hussain, current managing director and chief executive officer of Brac Bank, has had his contract extended by around five more years till March 2026. 

The Foreign Investors’ Chamber of Commerce and Industry (FICCI) yesterday announced Naser Ezaz Bijoy as president-elect for the period of 2022-2023.

Bangladesh’s agarwood-based perfume industry is struggling to bounce back from the Covid-19 fallouts as traders from the Middle East are yet to resume making purchases in full swing, leaving perfumers and raw material suppliers in the lurch.

The domestic stock market rose for a third consecutive day even though turnover of the Dhaka bourse dropped.

Envoy Textiles is all set to raise Tk 87 crore by issuing preferred stocks, which are shares in a company owned by people who receive a part of the company’s profits before ordinary shareholders are paid.

The World Bank has stressed the need for bringing more dynamism to designing projects, processing, approval, and every stage of implementation in Bangladesh.

A four-day international conference is set to start today to reflect Bangladesh’s 50-year journey in economy, politics, society and culture since gaining independence in 1971.

Cross-border trade through Hili land port in Hakimpur upazila of Dinajpur has been suspended indefinitely as Indian truckers are protesting allegations of weight tampering in export shipments, according to local businesspeople.

The government has been spending more than Tk 8,500 crore to implement various industrial development projects on both sides of Teesta river in a bid to ramp up economic activates in the region, according to Commerce Minister Tipu Munshi.

The government is set to introduce an innovative financing model under a new law to enable small businesses and startups to show their moveable assets as collateral with a view to nurturing entrepreneurs and helping them secure loans.

Sustaining small and medium enterprises (SME) requires special policy support as a lack of close ties with banks is depriving these small-scale traders of benefits of the government’s stimulus packages, said FBCCI President Md Jashim Uddin yesterday.