News

Demands have been raised to provide support to the new, micro, small and medium entrepreneurs in the budget for the next fiscal year (FY22) in order to the offset the shock of the COVID-19 pandemic.

The National Economic Council (NEC) on Tuesday approved Tk 1.98 trillion (197,643 crore) revised Annual Development Programme (RADP) for the current fiscal year, downsizing the original ADP size of Tk 2.05 trillion (2,05,145 crore), reports UNB.

Reconditioned car importers and dealers on Tuesday proposed that the revenue authority adjust tax rates of brand new and reconditioned cars in order to increase overall tax collection and safeguard the interests of sellers of the used cars.

Dining out has become a rare exercise amid the ongoing coronavirus pandemic as many people prefer to stay at home in a bid to maintain social distancing and avoid infection.

Financing by banks and non-bank financial institutions for environment-friendly initiatives rose by 62.36 per cent or Tk 14,984.59 crore in the October-December quarter of 2020 compared with that in the previous quarter.

Around 5,000 trucks loaded with goods are waiting to cross into Bangladesh at India’s Petrapole land port, on the other side of the Benapole border.

Finance Minister AHM Mustafa Kamal on Tuesday said that Bangladesh’s economy has been doing well compared to the other countries over the last 10 years under the prudent policy and dynamic leadership of Prime Minister Sheikh Hasina.

The Institute of Chartered Accountants of Bangladesh (ICAB) has made a move to reshuffle and revitalize its vigilant system on the chartered accountant firms to make them more compliant and bring in high-quality financial reports.

The new chief of the World Trade Organization (WTO) urged its member states on Monday to work with pharmaceutical companies to license more COVID-19 vaccine manufacturing in developing countries in order to triple global production.

Insurance stocks surged throughout the 2020. But now figures show that insurance companies did not have good business as their premium income fell for the first time in at least 12 years.