Real-Estate & Infrastructure

The Safe Aqua Farming for Economic and Trade Improvement (SAFETI) project in Bangladesh was a six-year project funded by the US Department of Agriculture (USDA). Its mission was to increase agricultural productivity by improving the production and management of hatcheries and farms in the shrimp and prawn value chains to …

The submission of income tax returns through electronic method or online today crossed the milestone of 1 lakh, thanks to the huge interest created among the valued taxpayers on such method. The revenue board informed us that the taxpayers are now very much interested in paying taxes online as the …

The High Court (HC) came up with an order, saying no bank or financial institute will be allowed to file cheque dishonour case while recovering loan. A single judge bench of Justice Md Ashraful Kamal passed the order, allowing an appeal of a customer, who has been convicted and sentenced …

The growing ceramic sector that made a sustainable footing in local market based on three key elements – availability of gas, cheap labour and tariff advantage – are now struggling to keep up its rising trend. The industry people have said that the availability of low-cost energy which was one …

The National Board of Revenue has been struggling to boost the wealth tax or surcharge over the years, although the number of wealthy people is rising in the country, an NBR official said. The NBR introduced the tax in the financial year 2011-2012 with the aim of reducing tax burden …

The number of people who go on vacation in Kuakata has increased exponentially ever since Padma Bridge was opened in June this year. Known for its panoramic sea beach that provides a great place to watch the sunrise or sunset, Kuakata attracts local and foreign tourists alike on public holidays …

Commerce Minister Tipu Munhsi today sought support of Italy to continue the Generalized System of Preferences (GSP) facilities in favour of Bangladesh for six more years beyond the LDC graduation. The commerce minister sought such support when Italian Ambassador to Bangladesh Enrico NUNZIATA met him at his secretariat office today. …

The National Board of Revenue has collected Tk 90,901.99 crore in the July-October period of the current fiscal year, against the target of Tk 97,306.86 crore. According to NBR’s latest data, revenue collection has grown by 14.17 per cent on average so far in October, compared to FY 22. In …

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. However, in case of export-laden containers over the last 10 months till October, it …

Firms, both local and foreign, have put on hold their investments in Bangladesh owing to the surge in the dollar price, the energy crisis, the escalated cost of production, and the deep uncertainty caused by the Russia-Ukraine war. One of the key indicators of the investment situation is the import …