Prime Minister Sheikh Hasina today asked the business community leaders to find ways to bring commodity prices to a normal level. “Considering public sufferings, the business community leaders will have to find ways to bring prices of essentials to a normal level. Otherwise, you will lose your markets,” she said. …
Read More »Extend preferential market access for graduating LDCs: PM to dev partners
Bangladesh prime minister Sheikh Hasina on Tuesday placed a five-point recommendation, including at least six-year extension of preferential market access for Bangladesh and other graduating least developed countries, before development partners. ‘I wish to make five suggestions for our development partners: first, extend preferential market access for graduating LDCs like …
Read More »DCCI: 2.5% corporate tax cut for non-listed firms in FY24
The Dhaka Chamber of Commerce and Industry (DCCI) on Sunday demanded a 2.5% reduction in corporate tax rate for non-listed companies in the upcoming budget for FY24. Currently the corporate tax rate for the non-listed firms is 27.5%. The chamber made the demand during a pre-budget meeting at the head …
Read More »Tech-savvy workforce key to building Smart Bangladesh: Salman
Fostering a tech-savvy workforce is a critical element in paving the way for a “smart Bangladesh”, according to the Prime Minister’s Private Industry and Investment Adviser Salman F Rahman, as he said the endeavour is imperative to effectively confront the hurdles that arise from graduating from LDC status. FE After …
Read More »Jatiya Sangsad speaker Shirin Sharmin Chaudhury on Monday said that women in Bangladesh were still facing difficulties in setting up businesses as well as getting banking support. Addressing as chief guest the monthly ‘Luncheon Meeting’ organised by the American Chamber of Commerce in Bangladesh in the capital Dhaka, she categorically …
Read More »E-commerce buoyant riding on women entrepreneurs
Women entrepreneurs are playing a vital role in keeping Bangladesh’s digital commerce segment buoyant using their skills and resilience, giving a much-needed fillip to a sector reeling under crisis because of plummeting sales, scams and unprecedented inflation. Overcoming many odds, thousands of women entrepreneurs in Bangladesh who started their businesses …
Read More »Tk 227,566-cr revised ADP approved for current fiscal year
The National Economic Council (NEC) on Wednesday approved Tk 227,566.09-crore Revised Annual Development Programme (RADP) for the current fiscal year (FY23), cutting Tk 18,500 crore from the allocation of foreign sources portion in the original ADP outlay. Out of the total RADP allocation, Tk 153,066.09 crore will be drawn from …
Read More »Tax revenue collection at below-average rate
The collection of government tax revenues continued to grow at below-average rate in the first seven months of the current fiscal year (FY), 2022-23, compared to that of the corresponding period of the last fiscal. The slow growth is reflected in the government’s belt-tightening measures and erosion of income of …
Read More »Govt mulls reopening of STOL airports
The government is mulling whether to resume operations at five Short Take-Off and Landing (STOL) airports to facilitate domestic travel considering the improved living standard of people in Bangladesh, according to Mahbub Ali, the state minister for Civil Aviation and Tourism. He made these comments at a seminar on “capacity …
Read More »Call for compliance in plastic industry
The 15th edition of the International Plastic Fair kicked off in Dhaka yesterday with a call to ensure industry compliance so that Bangladesh can sustain its share in the global export market. The international market for plastic goods, including the European Union (EU), is rapidly implementing environmental policies through the …
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