Dhaka April 30, 2025, 1:02 pm
The banking sector in the country is now trapped into "loan terms" as banks take short-term deposits from clients, but provide long-term loan to industries, speakers said on Saturday.
All existing VAT-registered businesses will have to provide some additional information this month as per new VAT Act-2012 to keep their nine-digit Business Identification Number (BIN) active.
Chinese President Xi Jinping on Friday agreed that there should be a quick solution to Rohingya crisis so that the displaced people can go back to their homeland soon.
The government has formulated rules to provide 23 types of required services from a central authority for the country's eight export processing zones under BEPZA, officials said.
The price of 1 Bhori (11.664 grams) of 22-carat gold has increased by Tk 2,000.
Officials of Bangladesh and India will sit tomorrow (Wednesday) in Dhaka to review the progress of projects taken up under the three Indian lines of credit (LoCs), officials said on Monday.
An Azerbaijan firm has planned to terminate its contract with Bangladesh Petroleum Exploration and Production Company Ltd (Bapex) halfway through, making its drilling works at three gas fields uncertain.
The second phase work of virtual One-Stop Service (OSS) under the Bangladesh Investment Development Authority (BIDA) is scheduled to be completed by September,
Un-audited operating profits, however, do not indicate the actual financial position of the banks, as they have to leave aside funds for provisioning bad debts and taxes payable to the government.
The dispute has already cost companies in both countries billions of dollars, disrupted global manufacturing and supply lines, and roiled global markets.
Bangladesh Bank (BB) did not find any terror or money-laundering links with more than 1.45 million cash transactions in March this year.
A delay in acquiring the land for the cross-border road network improvement project has disappointed its Japanese financier.
The launch of planned 'payment automation' of state-run Bangladesh Petroleum Corporation (BPC) is facing hurdles due to opposition from certain quarter.
Japan has finally agreed to provide US$1.3 billion funds for Matarbari 1,200MW thermal power plant, softening its earlier position.
Local apparel makers are now making fresh investment in manufacturing value-added items especially lingerie mainly to meet the growing global demand, industry people said.
Nepal's Minister for Foreign Affairs Pradeep Kumar Gyawali on Thursday said that South Asian countries can take huge advantage from the China-proposed Belt and Road Initiative.
A record number of import containers has remained stockpiled at the Chittagong Port meant for Dhaka Inland Container Depot, forcing consignees to pay more, people familiar with the situation said.
Bangladesh and China plan to take their ‘strategic partnership’ to a new height when Prime Minister Sheikh Hasina visits the country next month.
E-commerce entrepreneurs on Wednesday urged the government not to impose Value Added Tax (VAT) on their business for the next five years as the sector is yet to get maturity.
Frozen fish exporters have urged the government to raise the cash incentives on their export receipts to 20 per cent from the existing 10 per cent for the next five years to enhance their competitiveness in the global market.
