‘Help flourish tourism sector’

Prime Minister Sheikh Hasina has urged private entrepreneurs to come forward to develop the country’s tourism sector and help achieve inclusive economic growth.
16 December 2022, 18:00 PM

50% of manpower semi-skilled, unskilled in advanced IT

Around 50 per cent of Bangladesh’s manpower are either semi-skilled or unskilled in advanced technologies like geographic information systems, business process outsourcing, artificial intelligence, Internet of Things and robotics, an economist said today.
15 December 2022, 15:32 PM

Indonesia’s ban on sex outside marriage poses no risk to tourists: Bali governor

Visitors to Bali will not be put at risk by Indonesia's newly ratified criminal code, the island's governor said, dismissing concerns that revised laws which include articles criminalising sex outside marriage may scare away tourists from its shores..Indonesia's parliament last week passed
12 December 2022, 08:03 AM

Envoy Textiles gets $11.2 million ADB loan for yarn spinning unit

The Asian Development Bank (ADB) has entered into a €10.8 million ($11.2 million) loan agreement with Envoy Textiles to fund a second yarn spinning unit at Envoy’s manufacturing plant in Mymensingh’s Bhaluka.
11 December 2022, 15:24 PM

PM seeks robust Japanese investment in Bangladesh

Prime Minister Sheikh Hasina today urged the Japanese businessmen to make larger investment in Bangladesh.
11 December 2022, 08:03 AM

NBR awards 9 highest VAT-paying firms

The National Board of Revenue (NBR) yesterday awarded nine firms for paying the highest amounts of value-added tax (VAT) in fiscal year 2020-21.
10 December 2022, 18:00 PM

Most of 1.16cr eligible income taxpayers out of tax net

Most of the 1.16 crore people capable of paying income taxes in Bangladesh have remained out of the tax net of the National Board of Revenue (NBR), according to a senior official of the tax administration yesterday.  
3 December 2022, 18:00 PM

Nearly 90% income tax comes from Dhaka, Chattogram

Dhaka and Chattogram account for 90 per cent of the income tax collected from across Bangladesh each year and so, the National Board of Revenue (NBR) should work on widening the tax net, according to speakers at a seminar.
27 November 2022, 05:10 AM

Ctg port container movement falls in October

Movement of import and export-laden containers through the Chattogram port in October was lower both year-on-year and compared to that in the previous two months, reflecting a gradual slowdown in foreign trade amidst global economic downtrends. 
21 November 2022, 18:00 PM

Textile sector has huge investment potential: Danish investors

There is a lot of investment potential in the textile sector of Bangladesh, where Envoy Textile has set an example of sustainability, according to Danish investors.
21 November 2022, 15:34 PM

Ctg customs demand Tk 5,227cr from Petrobangla in unpaid duties

The Chattogram Customs House has demanded Tk 5,227 crore as unpaid duties from Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) against 89 consignments of liquefied natural gas (LNG).  
20 November 2022, 03:00 AM

Impact of tax exemption needs analysis

The personal income tax collection to gross domestic product (GDP) ratio can be raised to 3.1 per cent from the current 1 per cent or so if the government can get all eligible individuals to pay taxes, according to a study unveiled yesterday. 
19 November 2022, 18:00 PM

'Bangladesh failing to utilise export potential for poor logistics support'

Bangladesh is failing to take full advantage of its export potential because of insufficient logistics infrastructure, said Nihad Kabir, chairperson of the Business Initiative Leading Development (BUILD).
16 November 2022, 13:02 PM

Tax calculation: know your numbers

Today, Abdul Karim will complete the second part of the first page of the tax return form.  
16 November 2022, 03:10 AM

Robi to invest Tk 2.5cr in digital start-ups

Robi yesterday announced that it would invest Tk 2.5 crore in digital start-ups who will make their way to the top of flagship digital entrepreneurship competition r-ventures 3.0.
15 November 2022, 03:00 AM

Bangladeshi RMG getting popular in Middle East: BGMEA

The Middle Eastern countries are going to be major garment export destinations for Bangladesh as the local apparel manufacturers are now receiving a lot of queries from the buyers of the region, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
14 November 2022, 13:27 PM

3-day long Int’l travel and tourism expo to begin on Dec 1

A three-day long Bangladesh International Travel and Tourism Expo (BITTE) will start on December 1 to boost the country's tourism industry and showcase Bangladesh to global tourists.
12 November 2022, 13:10 PM

GP barred from selling any SIM cards, new or old: BTRC

"The telecom company has no intention to provide quality service, as it is not doing anything to fix the problems that its subscribers are facing,” he said.
6 November 2022, 12:51 PM

45th ICPC World Finals to be held in Dhaka for the first time

This is the first time that Bangladesh is hosting the World Finals.
6 November 2022, 12:37 PM

Lift and escalator expo begins in Dhaka

The 4th edition of “Global Elevator and Escalator Expo 2022” started at the International Convention City Bashundhara in Dhaka yesterday with a view to promoting and developing the excellence of elevators, escalators, and lifts in the country’s fast-growing housing industry.
3 November 2022, 18:00 PM