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Eid shopping gains momentum in Chattogram

As Eid-ul-Fitr approaches, city dwellers in Chattogram are flocking to various shopping centres to purchase their preferred attire. FE The festival is the biggest celebration for the Muslim community, and many shoppers have received their salaries at the beginning of the month, adding to the momentum of the trend. On …

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Tax policy fails to attain goal of employment

Tax policy support for engaging physically challenged people and transgender community members in mainstream economy has failed to attain its objective. Experts, businesses and transgender community leaders suggested reforming the conditions of hiring from the communities by introducing several slabs from 1 per cent to 5 per cent and urged …

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Bangladesh gets 450MW power from Adani

Bangladesh Power Development Board on Thursday evening received 450 megawatts of power on test basis from Indian Adani Group’s subsidiary Adani Power. ‘Last 12 midnight, Bangladesh received 450 MW initially, which was increased to 750 MW,’ said Md Shamim Hasan, director public relations of Bangladesh Power Development Board. He said …

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Private wheat imports slump 45%

Wheat imports by the private sector have continued to remain low in Bangladesh than the last fiscal year as businesses are facing persisting difficulties in opening letters of credits owing to the dollar shortage at banks. Businesses brought 14.15 lakh tonnes of wheat between July 1 to March 9 in …

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Experts suggest budget reforms for higher tax revenue

Experts on Tuesday emphasized the need for measures to enhance tax revenue, commence automation of tax collection, generate employment, reduce inflation and ensure policy predictability in the upcoming budget. They also stressed the need for expanding the tax net, revisiting corporate tax, containing tax evasion, and rethinking the formulation of …

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