Tax return submission deadline now Dec 31

The National Board of Revenue (NBR) yesterday extended the deadline for income tax return submission by a month.
30 November 2021, 18:00 PM

Md Masud Biswas, new head of BFIU

Bangladesh Bank Executive Director Md Masud Biswas has been appointed as the head of the Bangladesh Financial Intelligence Unit (BFIU) in status of deputy governor on a contractual basis.
30 November 2021, 13:48 PM

NBR extends tax return deadline until December 31

The National Board of Revenue (NBR) today extended the deadline for income tax return submission by a month.
30 November 2021, 13:38 PM

BSEC approves Ekush Growth Fund

The stock market regulator has approved an open-ended mutual fund named Ekush Growth Fund.
30 November 2021, 12:43 PM

Premier Bank’s perpetual bond gets nod

Bangladesh Securities and Exchange Commission (BSEC) has approved Premier Bank’s unsecured, contingent-convertible, non-cumulative and Basel-III compliant perpetual bond to raise a fund of Tk 200 crore.
30 November 2021, 12:10 PM

Dubai-based DP World reiterates commitment to invest $1 billion in Bangladesh

Dubai-based multinational logistics company DP World will invest $1 billion in Bangladesh’s supply chain infrastructure, including ports, rail network and inland container terminals.
30 November 2021, 12:06 PM

IDCOL to generate 300mw solar power by 2024

The Infrastructure Development Company Limited (IDCOL) will finance rooftop solar projects that will generate about 300 megawatts of peak electricity by 2024.
30 November 2021, 09:21 AM

Stocks end day in red again

The stocks failed to maintain the previous day's rising trend today as it again fell 1.35 per cent due to a confidence crisis among investors.
30 November 2021, 09:10 AM

Govt to honour 57 non-resident Bangladeshis with CIP status

The government has selected 57 non-resident Bangladeshis to honour them with commercially important person (CIP) status for their contribution to the south Asian country’s economy.
30 November 2021, 08:12 AM

Bangladesh a favourable destination for Turkish investors

Bangladesh has a favourable business environment for Turkish investors thanks to its congenial policy making and regulatory regimes, according to a 14-member delegation of the Turkey-Bangladesh Business Council.
29 November 2021, 18:00 PM

Logistics development policy needed to improve transport system

A comprehensive national logistics development policy is needed to enhance the local transport system and facilitate foreign investment, according to speakers at the International Investment Summit 2021.
29 November 2021, 18:00 PM

Khulna Newsprint Mills: Shut 20 years ago, yet spent Tk 33cr

For many in their 30s and above, the word newsprint occupies a good part of memories of their schooldays.
29 November 2021, 18:00 PM

Stock turnover slips to 7-month low

Bangladesh’s stock market index yesterday broke out of a fall lasting six days but investor participation fell to a seven-month low for apprehensions over today’s meeting between the central bank and the stock market regulator.
29 November 2021, 18:00 PM

M&S plans to buy more high-end garments from Bangladesh

A few years ago, Marks & Spencer (M&S) could not find a single factory in Bangladesh that could produce suits in bulk quantity although the country was already one of the largest apparel exporters in the world.
29 November 2021, 18:00 PM

Inflation climbs to 12-month high in October

Inflation jumped to a 12-month high in October as elevated levels of commodity costs in the international markets translated into higher consumer prices in Bangladesh, official figures showed yesterday.
29 November 2021, 18:00 PM

$2.7 billion worth proposals came in investment summit

The two-day international investment summit that concluded in Dhaka today attracted $2.7 billion worth of investment proposals from domestic and international companies in different sectors.
29 November 2021, 16:36 PM

Bangladesh, now biggest source of suits for Marks & Spencer: country manager

Bangladesh has eventually turned into the largest suits sourcing destination for Marks and Spencer (M&S) as the local suppliers have diversified the garment products and started making high-end items, said Shwapna Bhowmick, country manager of the British retail giant.
29 November 2021, 15:05 PM

Stocks break losing streak 

The index at the Dhaka Stock Exchange rose today after experiencing a fall of six consecutive days despite low participation from general investors.
29 November 2021, 11:55 AM

ADB extends $150 million loan to help small enterprises to recover

The Asian Development Bank will provide Bangladesh with a $150 million loan to provide financing for cottage, micro, and small-sized enterprises (CMSEs) to create jobs for promoting socio-economic recovery after the Covid-19 pandemic.
29 November 2021, 11:15 AM

'Comprehensive logistics policy needed to attract more FDI'

A comprehensive national logistics policy is required to develop the logistics and transport sector to attract more foreign investment for the field, analysts said at a session of the investment summit today.
29 November 2021, 10:11 AM