Real-Estate & Infrastructure

Bangladesh had been performing exceptionally well before the Covid-19 pandemic. The economy expanded, the per capita Gross Domestic Product (GDP) increased, reserve of dollar grew, inflation was low and poverty levels were decreasing. Bangladesh’s economy also started to recover well from the Covid-19 economic shock, and the economy had gradually …

The number of income tax return submission in July, the first month of the current financial year 2022-23, increased by 242.75 per cent to 50,532 compared with that of 14,743 in the same month of 2021-22. The surge came after the government made it mandatory to submit return submission documents …

The 21st edition of “Textech Bangladesh International Expo 2022” is going to be held along with two concurrent exhibitions in the capital from August 31. The other two expos are “18th Dhaka International Yarn & Fabric Show 2022-Summer Edition” and “40th Dye+Chem Bangladesh 2022 International Expo.” The expos are organized …

Awami League (AL) Presidium Member and Agriculture Minister Dr Muhammad Abdur Razzaque said the government is trying its best to reduce the price of consumer goods as those have been increased due to global crisis. “We admit that people are suffering. Those with low income are finding it difficult to …

Bangladesh Power Development Board (BPDB) has proposed to allow true-up payment method for fuel imports for private power plants. True-up is a payment made post-closing to adjust for any difference between the purchase price, which was determined on a transaction’s closing date and based on estimated financial metrics, and the …

For the past two months a storage tank of state-run Padma Oil Company containing nearly 6,000 tonnes of furnace oil has been kept sealed off by Custom House, Chattogram on charges of dodging duty of Tk 116.74 crore. According to customs documents, 19 consignments comprising some 45 tonnes of furnace …

Prime Minister Sheikh Hasina offered land on Monday to Qatar in the special economic zones being set up across Bangladesh alongside seeking more help from the gulf country in the energy sector, particularly in LNG import. “Bangladesh is setting up 100 special economic zones. Qatar can take land in the …

The Federation of Bangladesh Chambers of Commerce and Industry on Monday at a programme demanded punitive measures against the manipulators in the egg market. The country’s apex trade body came up with the demand at the discussion on essential commodities arranged by the FBCCI held at its seminar room in …

The government is gearing up to implement a new “Smart Bangladesh” vision by 2041 with the belief that a preceding “Digital Bangladesh” had been realised by 2021. However, its own research tells that a huge number of the population still do not use mobiles, let alone the internet, and digital …

Inflation may take a while to bring under control, said experts on Sunday. Moreover, how long it will last or at what level the rate of inflation will stop entirely depends on the Russia-Ukraine war and the international market situation, they added. They were speaking at a discussion “New challenges …