All Finance

Severity of floods increasing in Sylhet

Three sentenced to death for crimes against humanity during Liberation War

Abdul Gaffar Chowdhury dies, aged 88

India has not stopped wheat exports: Commerce Minister

US keen to build effective relations with Bangladesh

Customers will get back the money stuck in e-commerce in January

Dhaka, December 28: The country's e-commerce companies have played a pivotal role in getting products at home during the height of the coronavirus epidemic. But in less than a year, this sector has become the most criticized sector.

Prime Minister emphasizes the need for PTA with Maldives

Own representative, Dhaka, December 24: Prime Minister Sheikh Hasina has said that she had fruitful bilateral talks with Maldivian President Ibrahim Mohammed Solih on developing bilateral trade, investment and connectivity.

Japan to provide Tk 230 crore for two projects

Own representative, Dhaka, December 24: The Japanese government will provide Tk 230 crore for skill development and training of government officials under two projects. Exchange notes and grant agreements have been signed with Japan in this regard.

Current FY growth to be 7.2 percent, says Finance Minister

Own representative, Dhaka, December 21, 2021: Finance Minister AHM Mustafa Kamal has expressed optimism that the growth rate of 7.2 percent for the current financial year will be achieved. A meeting of the Cabinet Committee on Virtual Economic Affairs and Government Procurement was held under the chairmanship of the Finance Minister on Monday (December 20). He told this to reporters after the meeting.

5 million new overseas employment targets set: PM

Dhaka, December 19, 2021: Wishing success to all programs taken on the occasion of International Migrants Day-2021, Prime Minister Sheikh Hasina said her government has set a target of 5 million (five million) new foreign employment in the Eighth Five Year Plan.

Tax evasion in Bangladesh: Chinese way of doing business

Dhaka, December 17: In yet another blow to China’s existing poor image in corporate ethics, Bangladesh authorities have found that a Chinese company China Road & Bridge Corporation (CRBC), a subsidiary of China Communications Construction Company (CCCC) engaged in construction of road and bridges in Bangladesh is involved in tax evasion while importing construction material for government projects.

Indian President Kovind meets President Hamid; Bangladesh-India keen to enhance trade relations

Dhaka, December 16: Visiting President of India Ram Nath Kovind has expressed interest in enhancing the existing trade and business relations with Bangladesh through joint efforts. He said this during a courtesy call on the President of Bangladesh Md. Abdul Hamid at Bangabhaban on Wednesday evening.

Cabinet clears draft of Trade Organisations Act, 2021

Own Correspondent, Dhaka, 14 December: The cabinet cleared the draft of Trade Organisations Act, 2021, which would replace the Trade Organisations Ordinance, 1961.

Bangladesh's economy turns around: World Bank

Own representative, Dhaka, December 6: Hartwig Schaefer, World Bank Vice President for South Asia, says Bangladesh has made great strides in recent times in recovering its economy from coronavirus (Covid-19). Many have praised it. Bangladesh's economy is doing better than many other countries and its economy has turned around by tackling Covid-19. Schaefer said this while taking part in a bilateral meeting between the World Bank delegation and the Bangladesh delegation, held on Sunday (December 5) at the Pan Pacific Sonargaon Hotel in Dhaka.

Pathao decreases commission to 10 percent during peak hours

Dhaka, November 25: Professional riders can earn up to 90 percent of their trip fare after ride-sharing company Pathao announced its decision to reduce its commission on bike rides, according to reports.

Hike in LPG, electricity price likely in November

Dhaka, November 15: The demand for gas is increasing in the coming winter season. However, gas production is declining. Imports have declined due to rising prices of LNG (liquefied natural gas) in the international market. In this situation, there is no alternative to meet at least 40 percent additional demand in winter. As a result, there is a risk of severe gas crisis in the coming winter season.

6 of the world's top 10 green garment factories is in Bangladesh

Dhaka, November 14, 2021: Bangladesh's garment industry is leading the way in reducing global warming, said the president of the Federation of Bangladesh Industries and Merchants Association (FBCCI) Jasim Uddin.

Country to export 'Made in Bangladesh' Nokia mobile phones soon

Dhaka, November 13: A huge work is going on in Bangabandhu Hi-Tech City built on 355 acres of land at Kaliakair in Gazipur, where 70 domestic and foreign investment institutions are present. Several companies have already invested USD 120.76 million, slowly realising the dream of Digital Bangladesh. Nokia, renowned cellphone maker, is fuelling this dream. Soon, the country will be able to export handsets with 'Made in Bangladesh' written on them!

Government to provide incentives for the export of bicycles produced in the country

Dhaka, November 11: In case of export of bicycles and its parts manufactured in its own factory, the manufacturer or exporter will get incentive at the rate of 4 percent on the net FOB (price up to ship). In this case, the rate of local value added for the export of bicycles and their parts should be at least 30 percent. Export incentives and duty draw-backs or duty bonds will not apply simultaneously in this sector.

Prime Minister Hasina emphasizes on doubling Dhaka-Paris bilateral trade

Dhaka, Novemner 11: Prime Minister Sheikh Hasina has emphasized on doubling the volume of bilateral trade between Bangladesh and France by 2025 and called on French businessmen to encourage their investments in the Asian country, which is strategically located in the Indo-Pacific economic hub.