Real-Estate & Infrastructure

The jute ministry has received a total of 37 proposals from the private sector for leasing 13 state-owned mills after it said textiles could be produced at the mills apart from jute goods, officials said yesterday. The Bangladesh Jute Mills Association (BJMC), which controls state-owned mills, released the revised terms …

The National VAT (value added tax) Day will be observed on Saturday while the National VAT Week on December 10 to 15 across the country in a befitting manner. The National Board of Revenue (NBR) has chalked out various programmes to mark the National VAT Day and VAT Week to …

Finance minister AHM Mustafa Kamal on Saturday said that automation of the value-added tax system was the key to removing barriers to tax collection to achieve a sustainable growth of the country. He made the statement as chief guest at a programme organised by the National Board of Revenue marking …

Due to the large volume of airline passengers during the months of July through October of the current fiscal year, the travel tax increased by 143.15% Year-on-Year (YoY). Data analysis shows that during the first quarter of FY23 when the National Board of Revenues (NBR) had only set a target …

State Minister for Power, Energy and Mineral Resources Nasrul Hamid said on Wednesday that geo-scientific data should be used in developing sustainable infrastructures. “There must be a reflection of the geo-scientific data in developing area-based master plan”, he said while addressing a seminar on the findings of a project titled: …

President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Md. Jashim Uddin has said the private sector is working with the government of Bangladesh to implement environment-friendly industrialization. He made this remark during a roundtable discussion on “Financial and Professional Services – the role of standards and …

Travel tax collection by the National Board of Revenue increased by Tk 216.67 crore or 143.15 per cent in the July-October period of the current financial year 2022-2023 as the movement of international passengers has become normal since early 2022, according to the NBR. Travel tax collection by the NBR …

Bangladesh is the most ideal place for investment in the world and can become an investment centre for a market of 300 crore people, said Prime Minister Sheikh Hasina yesterday. “Due to its geographical location and infrastructural development, Bangladesh is the most attractive destination for investment. We are offering the …

Despite the raging global economic crisis, Bangladesh’s leather and leather products sector witnessed a 17.56 per cent year-on-year growth in export earnings in the first five months of the current fiscal year on the back of orders shifting away from competitors. In July-November, exporters earned $537.50 million from the shipment …

Export earnings showed a record jump in November along with remittance income rising again from higher labour migration. Moreover, inflation continued to decline in November. Latest data from Bangladesh Bank, Bangladesh Bureau of Statistics (BBS), Export Promotion Bureau (EPB) and Bureau of Manpower, Employment and Training (BMET) shows that export …