Date prices have remained relatively stable this year compared to previous years, thanks to the govt's duty waiver and a decline in int'l market prices

Tax compliance is a vital pillar of a country’s economic stability. But in Bangladesh, despite various government efforts to widen the tax net, an alarming 65 percent of eligible taxpayers did not bother filing their returns within the deadline, which was extended thrice this year.

Most listed readymade garment (RMG) producers secured higher profits during the October-December period of this fiscal year, buoyed by global demand even amidst the myriad challenges plaguing Bangladesh’s overall business climate.

The private sector is facing increasing uncertainty as stubbornly high inflation, stagnant investments and inconsistent energy supplies continue to weigh on businesses, according to industry leaders.

The funds to be raised through this bond will support City Sugar Industries Limited in expanding its trade operations, enhancing cash flow management, and diversifying its financing avenues, thereby reducing dependence on traditional credit facilities, the statement said.

The daylong Digital Summit held in Dhaka

The 13th International Poultry Show ends with nearly 30,000 visitors

Discussions were held for an additional $29.1 million in potential exports

“In recent months, business sentiment has been significantly affected by inflationary pressures, high borrowing costs, and exchange rate volatility,” said Taskeen Ahmed, president of the Dhaka Chamber of Commerce & Industry (DCCI). 

As of February 16 this year, only 39.86 lakh taxpayers out of around 1.14 crore TIN holders filed their returns

He highlighted the role of legal reforms in enhancing investor confidence and business efficiency, encouraging active discussions on the topic.

The stock market in Bangladesh rebounded from a two-day losing streak, with turnover surging in the closing session of the week.

When a formal microfinance institution (MFI) enters a village and joins the existing rural lending ecosystem, the influence of both informal moneylenders and exorbitant interest rates declines significantly, according to a study.

The National Board of Revenue (NBR) has halved the amount of value added tax (VAT) it had initially decided to impose on biscuit sales, according to a government notification issued yesterday.

How common is it in our daily life when a teacher or boss sets a deadline, and we all think, “Oh, I’ll start in ten days!” Suddenly, time shrinks, and it’s panic mode: emergency declared, day-and-night sprints commence, and the assignment emerges from chaos.

In a bid to clear a pile-up of containers, the National Board of Revenue (NBR) has approved the delivery of import-laden containers bound for the Dhaka inland container depot (ICD) to consignees from the Pangaon Inland Container Terminal (ICT) in Keraniganj.

Customers will no longer have to pay the additional 7.5 percent trade value-added tax (VAT) when shopping at supermarkets, according to the National Board of Revenue (NBR).

Bangladesh Telecommunication Regulatory Commission (BTRC) has capped bandwidth imports from India at 50 percent of the country’s consumption of 6,500 Gbps to reduce reliance on a single source and promote diversified international connectivity.

The process of recovering laundered assets should not be interrupted due to political reasons, Bangladesh Bank Governor Ahsan H Mansur said yesterday.

Essential commodity imports have seen a sharp rise in the last four months, driven by increased demand ahead of Ramadan, which is scheduled to begin on March 1, according to the latest data from the Bangladesh Bank (BB).