The government has amended the Customs Act, doubling the penalty for providing incorrect information in import and export documents even though wrong declarations do not lead to any duty evasion.

The 20-year tax-exemption support announced in the proposed budget will definitely take Bangladesh’s growing automobile industry to an impressive stage and promote local manufacturing, according to industry insiders.

DataBird, a Bangladeshi company having products across online travel, news, keyboard, eReader and lifestyle mobile applications, in association with The Daily Star is organising a competition to find unique ideas to use technology in solving the country’s problems.

City Bank yesterday witnessed the reelection of the chairman and vice chairman of its Board of Directors. Aziz Al Kaiser and Hossain Khaled are both sponsor directors, said a press release.

A landmark deal to reform corporate tax payments proposed by the Group of Seven on Saturday will not unfairly benefit the United States, the Organisation for Economic Co-operation and Development said on Monday.

Investor morale in the euro zone rose for the fourth month in a row in June, reaching its highest level since February 2018, lifted by reopening restaurants and tourism resuming as coronavirus cases fall, a survey showed on Monday.

Bangladesh should sort out the problems facing the industrial sector, ensure wider use of technologies, and take a bold initiative to re-skill the workforce to address the challenges of the fourth industrial revolution, speakers said yesterday.

`Plastic goods makers and exporters have demanded withdrawal of value-added tax (VAT) on crockery and plastic toys in the national budget for 2021-22 fiscal year.

Most of the land in Rangpur’s Panchagarh and Thakurgaon districts, particularly those that border India, were non-arable just a few decades ago, when the region closely resembled a desert of sand and stone.

Bangladeshi exporters, importers and clearing and forwarding agents at Hili Land Port in Dinajpur’s Hakimpur upazila have announced that they would accept letting in just 50 goods-laden trucks from India from tomorrow to tackle the pandemic.

The Bangladesh Securities and Exchange Commission (BSEC) yesterday approved the amalgamation of Bangladesh Steel Re-Rolling Mills (BSRM) and its sister concern BSRM Steel Mills.

Beximco Ltd has won three public work orders involving Tk 356.5 crore.

Bangladesh Bank yesterday further extended the deadline for export proceeds repatriation in a bid to help entrepreneurs withstand the Covid-19 fallout.

The stock market regulator today approved the amalgamation of Bangladesh Steel Re-Rolling Mills (BSRM) Ltd and its sister concern BSRM Steel Mills Ltd.

The stock market fell today thanks to the profit booking tendency of the investors.

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) thinks there are some inconsistencies in the present laws on value-added tax and income tax.

The Bangladesh Bank has extended the banking hour to 2:30 pm from July 8 hours during the lockdown.

The proposed budget has failed to offer fiscal measures to create jobs crucial to millions of the people in the informal sector who slipped to poverty because of the coronavirus pandemic, said experts yesterday.

Eleven banks faced a capital shortfall of Tk 24,783 crore in the first quarter of 2021, which highlighted the fragile health of the lenders.

Uttara Bank recently witnessed the appointment of a new vice chairman of its Board of Directors.