Current News

Bangladesh’s current taxation system confronts major challenges in upgrading tax-base as it plays into the hands of political elites and provides special benefits to some target groups, says a policy paper. Citing the outcome of a research, the policy document says as many as 926 statutory regulatory orders (SROs) had …

Experts and stakeholders have stressed empowering and grooming the next-generation farmers with policy support and equipping them with advanced technology for the development of the agriculture sector. They also suggested major interventions in the sector that include climate adaptation, public-private partnership (PPP) coordination and collaboration, farmer-friendly policy and strategy, removing …

The number of reports on suspicious transactions and activities related to money laundering and terror financing rose by 43.67 per cent year-on-year in the fiscal year 2020-2021 amid an increase in fraudulent activities in the areas of e-commerce and multi-level marketing. The data on suspicious transactions and activities were incorporated …

Oil prices tumbled to their lowest levels in almost three weeks on Tuesday as supply disruption fears eased and as surging Covid-19 cases in China spurred demand concerns. Brent futures were down $6.40, or 5.9 per cent, to $100.50 a barrel at 1308 GMT, while US West Texas Intermediate (WTI) …

Medicine exports to the developed countries are steadily growing riding on the attainment of regulatory approval from the US, European and some other countries helped by Bangladesh’s capacity to produce high-quality drugs at affordable prices. As a result, shipment rose significantly in the markets of the US, the UK, Australia, …

The Bangladesh Securities and Exchange Commission (BSEC) has decided that it will take action against listed companies that fail to show an accurate account of undistributed dividends. Undistributed dividends are profits of a company that have not been paid out to eligible shareholders by way of dividends. Prof Shibli Rubayat …

Bangladesh is going ahead with a plan to manufacture at least 50 per cent of the railway parts in the country to save a chunk of foreign currency and create jobs. A draft policy prepared with this objective is likely to be finalized this month, sources at state-run Bangladesh Railway …

Commerce Minister Tipu Munshi today said the government will form a taskforce in a day or two to check price hike. “Some traders are trying to take advantage of the rising prices in the international market. But we have fixed the price through talking with the traders. We will not …

Korean Ambassador to Bangladesh Lee Jang-keun stressed that the Ready-Made-Garments cooperation has been the symbol and model of successful bilateral ties between Korea and Bangladesh for the past five decades. The South Korea envoy told this during his meeting with Commerce Minister Tipu Munshi on Sunday (March 13). Mentioning that …

Stocks witnessed volatile trading in the early hours of trading on Monday amid profit booking tendency among investors after a four-day sharp rally. Following the previous four days’ gain, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up slightly by 0.31 points to stand at 6,766, after …