The commerce ministry has requested the revenue authority to cut the value-added tax on edible oil and slash tariff on raw sugar imports to keep their prices stable during upcoming Ramadan when demand soars.
Read More »Grameenphone’s new run-in with BTRC
Grameenphone has taken delivery of huge volumes of network equipment without obtaining the approval of the telecom regulator — a move that has run into a grey area on the legal front.
Read More »Regent Airways confident of turnaround
Regent Airways, which is now operating with just two aircraft, yesterday vowed to bounce back from its current predicament by adding four more aircraft to its fleet,
Read More »Why is private sector credit growth sinking?
Businesses and bankers often blame political instability for sliding private sector credit growth.
Read More »Square Pharma stock price sinks for no reason
Square Pharmaceuticals. The name itself rouses reliability. So it is natural to assume that its stock will be a safe option for retail investors.
Read More »Back to square one
It’s deja vu all over again. On June 21, 2018, Bangladesh Association of Bankers (BAB), a platform of private banks’ owners, agreed to cap the interest rate on deposits at 6 percent and the lending rate at 9 percent from July 1, 2018.
Read More »Banking stocks battered
Banking stocks took a punch yesterday as investors reacted violently with the government move to fix the interest rates for lending and savings at 9 percent and 6 percent respectively, effectively clipping the lenders’ ability to log in profits.
Read More »Flashback 2019 Economy: RMG sector faces ups and downs
The country’s readymade garment (RMG) sector went through ups and downs last year, prompting industry insiders to seek immediate policy support to tackle the challenges still ahead of them.
Read More »Kenya tea producers experiment with boutique teas as prices stumble
Kenyan tea. Photo: PixabayIn a humming factory in Kenya’s highlands, tea is hand-plucked from the fields, cured and shredded into the fine leaves that have sated drinkers from London to Lahore for generations.
Read More »Fair prices elude farmers
Optimism to turn the tide in his favour had preoccupied the mind of Bimal Krishna Biswas as 2018 drew to a close.
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