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FE REPORT 2021-03-15 08:39:21
Plastic goods manufacturers and exporters on Sunday demanded the withdrawal of import duty, VAT, and supplementary duty on import of capital machinery and spare parts for the sector. They also urged...
FE REPORT 2021-03-15 08:29:01
Local restaurant owners on Sunday proposed the government to bring all eateries, including street foods vendors, under the tax net by slashing the VAT rate to 5.0 per cent. Currently, 40 per cent of...
REUTERS 2021-03-14 14:11:54
Economic recovery from the coronavirus crisis in the oil-rich Gulf region will be slow, weighing on the region’s banking sector, S&P Global Ratings said. Gulf countries fell into a sharp re...
MIR MOSTAFIZUR RAHAMAN 2021-03-14 09:51:15
South Korea has decided to extend US$700 million in concessional loans to Bangladesh under the Economic Development Cooperation Fund (EDCF). In this connection, the Korean Exim Bank has sent a letter...
DOULOT AKTER MALA 2021-03-14 09:26:20
The government is likely to bring electric vehicles (EVs) under the tax net in the budget for next fiscal year (FY) due to its growing popularities. Currently, the Bangladesh Road Transport Authority...
FE Report 2021-03-14 09:08:27
Economists at a webinar on Saturday stressed the need for opening up of the country's trade policies for getting preferential facilities in post-graduation period. With the existing protectionist pol...
UNB 2021-03-13 20:00:07
Nine public sector banks including three specialised banks still hold about 27 per cent of deposits and assets in the banking sector while 50 private commercial banks (PCB) including foreign ones hold...
-- 2021-03-13 13:39:12
African economies are expected to grow by an average of 3.4 per cent this year, the African Development Bank said, as the continent recovers from its worst contraction in half a century. The 54 econo...
REUTERS 2021-03-13 10:26:28
Google and Microsoft are at knives drawn. Driven in part by pressure from lawmakers and regulators over the extraordinary power the two technology companies wield over American life, the California-b...
Ismail Hossain 2021-03-13 08:59:31
The government has started a move to include the small and medium enterprises, which have been left out of the benefit of the government's Covid-19 stimulus for the CMSME sector, in a database to help...
UNB 2021-03-12 20:55:05
Facebook has launched Instagram Lite in Bangladesh to provide access to all users - irrespective of device, platform and network they are on. This lightweight version of the Instagram app for Android...
REUTERS 2021-03-12 14:30:07
Britain’s economy shrank by less than feared in January as the country went back into a coronavirus lockdown, official data showed, but trade with the European Union was hit hard at the start of...
TALHA BIN HABIB 2021-03-12 13:09:10
The government has prepared a master plan to increase the country's productivity rate in a bid to face the competitive global market, an official said. Under the move, the Ministry of Industries (MoI...
REUTERS 2021-03-12 12:45:34
Spaceships zipping at the speed of light or faster are a staple of science fiction. Think of the Millennium Falcon in the “Star Wars” movies and the starship Enterprise in “Star Trek...
DOULOT AKTER MALA 2021-03-12 11:19:33
The government has downsized the national budget by 5.28 per cent to Tk 5.38 trillion for the current fiscal year, compelled by a significant shortfall in tax collection as the fallout of COVID-19. T...
Reuters 2021-03-12 10:27:04
The European Central Bank said on Thursday it would accelerate money-printing to keep a lid on euro zone borrowing costs, signalling to sceptical markets that it is determined to lay the foundation fo...
REUTERS 2021-03-11 10:07:14
Russia said on Wednesday it was slowing down the speed of Twitter in retaliation for what it described as a failure to remove banned content, threatening to block the US platform outright if it did no...
FE REPORT 2021-03-11 09:02:52
About 49 per cent of the pandemic-hit internal migrants returned to their roots last year for massive job cuts, non-payment of wages and decreased salary. According to a SANEM survey, 14 per cent of...
FE REPORT 2021-03-11 08:24:50
The Banking Secrecy Act is preventing taxmen from obtaining depositors' data by establishing connectivity with the lenders, the head of the revenue board said. Speaking at a pre-budget discussion on...
-- 2021-03-10 14:03:30
The Monetary Authority of Singapore (MAS) has said in a report that economists and analysts polled in the Survey of Professional Forecasters expect Singapore's gross domestic product (GDP) to grow 5.8...
-- 2021-03-10 13:29:37
The World Bank has approved 120 million US dollars to help Bangladesh improve food security by enhancing climate resilience and productivity of irrigated agriculture and fisheries. The Climate-Smart...
FE Report 2021-03-10 08:22:28
The country's trade deficit has widened by 1.50 per cent or US$145 million in the first seven months of the current fiscal year (FY) because of rising import payment pressure on the economy, officials...
FE Report 2021-03-10 08:17:06
The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, on Tuesday alleged withholding taxes were denying the corporate taxpayers the benefits of the cut in their tax rate, made effective in...
REUTERS 2021-03-09 21:49:21
Facebook Inc said on Monday it was testing a feature on Instagram that allows some content creators in India to share short video clips, known as reels, on their Facebook accounts. In the test, some...
-- 2021-03-09 17:21:29
Smooth transport connectivity between India and Bangladesh has the potential to increase national income by as much as 17 per cent in Bangladesh and 8.0 per cent in India, says a World Bank repor...
DOULOT AKTER MALA 2021-03-09 09:04:54
The National Board of Revenue (NBR) has now decided to initiate legal proceedings against field-level VAT officials if they are found involved in tampering with the data of Electronic Fiscal Device...
SYFUL ISLAM 2021-03-09 08:17:40
Bangladesh's proposals have received a lukewarm response from the Indian side at the bilateral meeting on trade issues held in Dhaka on Monday. Dhaka could not derive any concrete result from the m...
Munima Sultana 2021-03-08 08:25:23
The women entrepreneurs received 5.7 per cent of the Tk 200 billion stimulus package for CSMEs until February 25 last, according to Bangladesh Bank (BB) data. The banks and financial institutions dis...
FE Report 2021-03-08 08:18:18
The National Board of Revenue (NBR) has decided to make mandatory the e-payment of its fees and charges. The decision will be implemented in phases, starting from the first day of the next financial...
Nayeem Chowdhury 2021-03-07 12:26:17
Dealing with a slow laptop has become a perennial problem for us. A sluggish machine can make even the most basic tasks toilsome. There are several reasons a machine decelerates over time. Some of th...
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