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Search results for: trade

Most CSOs lack idea about RTI, NIS: Survey

Most CSOs lack idea about RTI, NIS: Survey

FE REPORT 2022-06-12 09:15:06

Most civil-society organisations (CSO) and media personnel have little knowledge of the right to information (RTI), national integrity strategy (NIS) and annual performance agreement (APA). An opinio...

Metro rail test run nearing completion

Metro rail test run nearing completion

MUNIMA SULTANA 2022-06-12 08:59:28

The test run of the country's first metro rail has almost reached its end as checking of last few components from Uttara to Agargaon in the city is going on. After completion of the last-minute check...

Call for building low-cost housing under PPP

Call for building low-cost housing under PPP

FE REPORT 2022-06-12 08:55:56

Low-cost housing should be built on a public-private partnership basis considering the growing number of internal migrants to Dhaka, said speakers told a seminar on Saturday. Citing housing as a fund...

Trade ministers in Geneva to seal a deal

Trade ministers in Geneva to seal a deal

DOULOT AKTER MALA, from Geneva 2022-06-12 08:49:00

The hopes of Least Developed Countries (LDCs) including Bangladesh to push ahead the agenda for extending LDC-specific trade benefits for graduated LDCs by at least six to nine years are likely to b...

WTO looks to reach trade deals with its fate on the line

WTO looks to reach trade deals with its fate on the line

-- 2022-06-11 22:16:58

The World Trade Organization (WTO) is facing one of its most dire moments, the culmination of years of slide toward oblivion and ineffectiveness. Now may be a chance to turn the tide and reemerge as a...

FBCCI demands keeping source tax on exports unchanged

FBCCI demands keeping source tax on exports unchanged

-- 2022-06-11 20:57:23

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the government not to increase tax at source on export proceeds. The apex trade body also thanked the government for r...

ICMAB demands implementation of financial, cost audit for transparency

ICMAB demands implementation of financial, cost audit for transparency

-- 2022-06-11 20:31:02

Institute of Cost and Management Accountants of Bangladesh (ICMAB) has demanded the implementation of financial audit as well as cost audit to bring transparency in the accounting system. President o...

US gasoline average price tops $5.0 per gallon in historic first

US gasoline average price tops $5.0 per gallon in historic first

-- 2022-06-11 18:48:48

The national average price for US gasoline rose above $5.0 a gallon for the first time on Saturday, according to data from the AAA, extending a surge in fuel costs that are a central feature of rising...

Brazil trying to raise cotton export to Bangladesh

Brazil trying to raise cotton export to Bangladesh

FE REPORT 2022-06-11 13:18:38

Brazil is trying to increase its cotton export to Bangladesh to expand global market of the item, sources said. Two Brazilian trade bodies - Brazilian Cotton Growers Association (ABRAPA) and Brazil...

‘Ensure int'l safety standard in poultry industry’

‘Ensure int'l safety standard in poultry industry’

FE REPORT 2022-06-11 12:30:03

Speakers at a programme in the city on Friday emphasised on improved waste management at poultry farms to make the production process compliant with international safety standard. They also suggest...

Provision requires proof of return submission

Provision requires proof of return submission

FE REPORT 2022-06-11 11:16:45

The Finance Bill 2022 has incorporated a provision under which proof of submission of tax return will be required for obtaining various services and serving other purposes. "Notwithstanding anything...

Bottled water price up by 25pc

Bottled water price up by 25pc

YASIR WARDAD 2022-06-11 09:04:56

Commercial mineral water became expensive last week, intensifying woes of city consumers who rely largely on branded drink to quench their thirst outdoors amid lack of safe supply water. Price of o...

BDT falls sharply against US dollar

BDT falls sharply against US dollar

SIDDIQUE ISLAM 2022-06-10 11:13:59

The Bangladesh Taka (BDT) depreciated significantly against the US dollar on Thursday - mainly due to higher demand for the greenback for settling import-payment obligations. The local currency los...

South Korean truckers broaden strike action to chips; Hyundai output slides

South Korean truckers broaden strike action to chips; Hyundai output slides

-- 2022-06-10 11:11:24

South Korean truckers embarked on broader and more aggressive strike action on Friday, threatening to severely curtail shipments of raw materials for semiconductors and petrochemical products. That c...

Tax return a must to get 50 types of services

Tax return a must to get 50 types of services

FE REPORT 2022-06-10 10:54:41

People would not be able to avail nearly 50 types of services unless they submit tax returns to the government every year, according to the proposed finance bill-2022. Bank transaction would be fro...

Tax rebate for middle income group declines

Tax rebate for middle income group declines

FE REPORT 2022-06-10 09:38:57

Tax relocation on account of investment for middle-income group of people is set to decline in the upcoming fiscal year. Currently, the investment amount is allowed up to 25 per cent. The Finance...

Are you sending your child to an English medium school? Show your tax return proof

Are you sending your child to an English medium school? Show your tax return proof

-- 2022-06-10 09:23:56

Bangladeshis will have to submit the proof of tax returns for a vast number of activities ranging from admitting a child to an English medium school to obtaining or maintaining an electricity connec...

E-commerce sector to get big boost

E-commerce sector to get big boost

FE REPORT 2022-06-10 09:08:06

The government has taken a project to advance the country's e-commerce sector with an aim to create more employment in the sector. "To support the growth of e-commerce in Bangladesh and to encourag...

FBCCI unit to bring creative ideas into reality

FBCCI unit to bring creative ideas into reality

FE REPORT 2022-06-10 08:56:23

The country's apex trade body, FBCCI, will set up a special unit called FBCCI Innovation Center that will act to convert creative ideas into reality. While unveiling the national budget, finance mi...

What's up, what's down

What's up, what's down

FE REPORT 2022-06-10 08:23:28

Prices of imported motorcycles, laptops, mobile- phone sets and AC motors may go up in the upcoming fiscal year. The prices of motor vehicles may also rise, as the supplementary duty (SD) on vehicl...

Tackling inflation to protect people’s purchasing power key challenge: DCCI

Tackling inflation to protect people’s purchasing power key challenge: DCCI

-- 2022-06-09 20:56:53

enhancing private sector investment, employment generation, revenue shortfall and financing are some of the challenges of the proposed budget for FY2022-23. In order to attain the targeted GDP, the g...

Bangladesh lifts 5.0pc advance tax on gold import in FY23

Bangladesh lifts 5.0pc advance tax on gold import in FY23

-- 2022-06-09 20:28:07

The government has proposed the withdrawal of a 5 per cent advance tax on the import of gold in the upcoming fiscal year 2022-23. The move aims to encourage the import of the precious metal through l...

Monuwar Iqbal crafting future for local, international software industry with Pridesys   

Monuwar Iqbal crafting future for local, international software industry with Pridesys  

-- 2022-06-09 17:37:12

Monuwar Iqbal, the CEO of Pridesys IT Ltd and Pridesys Global LLC, is a successful IT entrepreneur, technology enthusiastic and visionary leader having expertise on business transformation to build up...

Tesla Goes Ahead With China Hiring Event After Musk Job Warning

Tesla Goes Ahead With China Hiring Event After Musk Job Warning

-- 2022-06-09 14:05:38

Tesla was proceeding with an online hiring event in China on Thursday and added two dozen new job postings for the country, a week after Elon Musk threatened job cuts at the electric car maker and s...

Ukraine eyes billions in euros from Europe electricity exports

Ukraine eyes billions in euros from Europe electricity exports

-- 2022-06-09 11:12:27

Ukraine hopes to make 1.5 billion euros from electricity exports to the European Union by the end of the year and earn more in the future after obtaining the right to export its energy there, a Ukrain...

Body formed to oversee rawhide trade

Body formed to oversee rawhide trade

FE REPORT 2022-06-09 10:23:57

The government has formed a high-powered committee to oversee the overall purchases and sales activities of rawhide and skins of sacrificial animals during Eid-ul-Azha. Besides, it will prepare a wor...

Traders push to amend commodities law

Traders push to amend commodities law

FE REPORT 2022-06-09 10:17:18

Traders at Moulvibazar in the city have urged the government to amend the age-old commodities law against the backdrop of changing global business environment. They made the call following rift and m...

ICT Division executes 92.85pc of projects, RADP review meeting told

ICT Division executes 92.85pc of projects, RADP review meeting told

FE REPORT 2022-06-09 10:17:03

The Information and Communication Technology (ICT) Division, as of this May, has implemented over 92 per cent of the projects under the Revised Annual Development Programme (RADP) for the fiscal year...

‘BD fails to exploit duty-free access to China’

‘BD fails to exploit duty-free access to China’

FE REPORT 2022-06-09 09:55:44

Bangladesh can't reap benefits of duty-free market access fully in China in the absence of its aggressive export-promotion measures. In addition, the country's large concentration on RMG items and fa...

Metro rail: Tk 5.0 fare per kilo proposed

Metro rail: Tk 5.0 fare per kilo proposed

MUNIMA SULTANA 2022-06-09 08:52:52

A proposal of Tk 5.0 per kilometre for a 20-kilometre metro ride from Diabari to Motijheel in Dhaka city awaits approval from the authorities concerned. Sources say an MRT fare-fixing committee propo...