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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 …

The domestic fisheries sector is now in deep trouble as fuel price hike is affecting their fishing and transportation costs. They requested the government to provide diesel at previous prices for survival of the sector. The Bangladesh Marine Fisheries Association (BMFA) recently urged the Prime Minister’s Office (PMO) to take …

The Financial Reporting Council (FRC) has lodged a complaint to the authorities concerned that some accounting bodies of the government were bypassing it when preparing laws, rules, and standards. Established in 2017 to regulate auditors, chartered accountants, cost accountants and actuaries in the country, the FRC also requested the authorities …

The government has recently approved a total of 192 new posts and eight district offices for the Department of Inspection for Factories and Establishments to ensure effective labour inspection in the country. Out of 192 new posts, the government approved 99 inspector, 23 assistant inspector general, 11 deputy inspector general …

People in Bangladesh once barely knew about dragon fruit, also called pitaya, but it is gradually making its way into the fields by winning the hearts of farmers all over the country through its immense popularity. In fiscal 2020-21, farmers grew pitaya on 695 hectares of land to bag 8,660 …

Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive US interest rate hikes will weaken the global economy and dent fuel demand while a strengthening dollar also added to pressure. Brent crude futures for October settlement declined $1.20, or 1.2 per cent, to $95.52 …

Bangladesh has targeted an annual export of apparels worth $100 billion. Manufacturers said that apparel exports increased by 35.47% to $42.61 billion in FY21-22 and up by 30.36% to $35.81 billion in the calendar year 2021. If this growth trend can be by at least 15% annually, then this goal …

The entrepreneurs of Courier and Logistics services today demanded of the government for enacting a business-friendly Mailing Operator and Courier Service Development and Regulatory Authority Act-2022. They came up with the call at the second meeting of the Standing Committee on Logistics and Courier Services held at FBCCI in the …

Gas distribution companies asked the National Board of Revenue to return Tk 1559.48 crore which was realised as additional tax at source on gas bills from fiscal years 2015-16 to 2021-22. The companies said that the NBR realised the tax on gas bills instead of the companies’ distribution margins, making …