Small and marginal poultry farmers in Bangladesh are facing a severe crisis as syndicate of major companies have increased prices of one-day chicks and poultry feed, said the market insiders. The indiscriminate price hike has kept the small farm owners out of production and also paved ways for the big …
Read More »Record 26.85-lakh tonnes of potato produced in Rangpur region
Farmers are delighted after producing an all-time record of 26,85,282 tonnes of potato and getting higher prices this season in Rangpur agriculture region. Market prices of potato are higher this time following various pragmatic steps taken by the government to increase its export to Russia, Singapore, Malaysia, the United Arab …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Roads ending golden days of boat trade
Anyone in their forties with experience of visiting the countryside might recall the ways they travelled from one place to another. In the absence of proper rural road infrastructure, boats were one of the main modes of transport for people, whether they wanted to visit relatives living in another village …
Read More »Two panels formed to start Cepa talks with India
The commerce ministry has formed two separate committees to start negotiations with India over signing a proposed Comprehensive Economic Partnership Agreement (Cepa) to boost bilateral trade and investment in the post-LDC period. The negotiation committee is headed by Additional Secretary to the commerce ministry Noor Mahbubul Haque while the advisory …
Read More »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 …
Read More »Jewellers want 10-year tax holiday for gold refinery
Jewellers on Tuesday demanded a ten-year tax holiday for local gold refineries to boost the industry of the precious metal. At a pre-budget press conference, the Bangladesh Jeweller’s Association (Bajus) wanted the government to provide the businesses with a 50% cash incentive for a minimum 20% value addition to promote …
Read More »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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