Business


Sugar import duty cut by 50%

Business —9 October, 2024 15:48

The National Board of Revenue (NBR) on Wednesday reduced the regulatory duty on both refined and raw sugar imports by 50 percent to stabilize the local…

Sugar import duty cut by 50%

Bangladesh economy to rebound over coming year: HSBC

Macroeconomic adjustments undertaken in recent months and robust…

Bangladesh economy to rebound over coming year: HSBC
India-Bangladesh trade via Benapole to remain suspended for 5 days

Trade between Bangladesh and India through the Benapole land…

India-Bangladesh trade via Benapole to remain suspended for 5 days

Bangladesh received a $425mn remittance in 5 days of Oct

Bangladesh received a $425mn remittance in 5 days of Oct

Bangladesh received inward remittance of US $ 425 million in five days of October, showing an uptrend of $100 million remittance flow year-on-year. According to Bangladesh Bank's latest…

Plan to redesign banknotes, removing Sheikh Mujibur Rahman's image

Plan to redesign banknotes, removing Sheikh Mujibur Rahman's image

The interim government of Bangladesh has announced a significant redesign of the country’s currency, starting with the Tk 20, Tk 100, Tk 500, and Tk 1000 denominations. Notably,…

Businesses call for full restoration of law & order

Businesses call for full restoration of law & order

Business leaders at a roundtable here today called upon the interim government for restoring fully the law and order especially in the industrial belts, lowering interest rates and…

Carew & Company plagued by malpractices

Carew & Company plagued by malpractices

Irregularities including theft and missing of goods at Carew & Co. (Bangladesh), a traditional industry in the southwestern district of Chuadanga’s Darshana, have become…

NBR forms 7-member taskforce to reform income tax law

NBR forms 7-member taskforce to reform income tax law

 The National Board of Revenue (NBR) has formed a task force to reform the income tax law with the objective of making the rules people- and business-friendly. Talking to BSS,…

China keen to import sea fishes, jute products from Bangladesh

China keen to import sea fishes, jute products from Bangladesh

China has expressed keen interest to import sea fishes, shrimps, crabs, jute products and mangoes from Bangladesh. The interest was revealed as Chinese Ambassador to Bangladesh Yao…

3 weak banks receive Tk 945cr liquidity support

3 weak banks receive Tk 945cr liquidity support

In a significant move to address the ongoing liquidity crisis in Bangladesh's banking sector, three financially stable banks have extended loan support to their weaker counterparts.…

Inflation down slightly to 9.92% in Sept

Inflation down slightly to 9.92% in Sept

The general point-to-point inflation rate eased further last month as it reached 9.92 percent in September down from 10.49percent in August, 2024 due to downtrend in both food and…

12kg LPG cylinder price hiked by Tk 35

12kg LPG cylinder price hiked by Tk 35

Price of liquefied petroleum gas (LPG) has been further increased to 121.32 per kg from the previous price of Tk 118.44 for the month of October.  The new prices will be effective…

Expatriates eye investment in pharma, healthcare, agriculture, and HR

Expatriates eye investment in pharma, healthcare, agriculture, and HR

The Bangladeshi expatriate businessmen living in Europe have expressed their keen interest to invest in the country's pharmaceuticals, healthcare, agriculture, processed food, education,…

Denmark keen to invest in Bangladesh's port, offshore wind energy

Denmark keen to invest in Bangladesh's port, offshore wind energy

Denmark has expressed keen interest to invest into Bangladesh's port infrastructure and offshore wind energy as well as support to further development of the pharmaceutical sector. These…

Over 14,164 MT rice to be distributed among fishermen in 37 dists

Over 14,164 MT rice to be distributed among fishermen in 37 dists

The government has earmarked more than 14,164 tonnes of rice for over 5.66 lakh fishermen families of 155 upazilas in 37 districts aiming to meet food scarcity during a 22-day government's…




NBR scraps mandatory physical inspection of imports from Pakistan

NBR scraps mandatory physical inspection of imports from Pakistan

The National Board of Revenue (NBR) has officially scrapped the mandatory 100 percent physical inspection of all imported goods from Pakistan, a decision aimed at expediting customs…

Remittance inflow sees over 80% growth in Sept

Remittance inflow sees over 80% growth in Sept

Expatriate Bangladeshis sent US$2405 million remittances in September, 2024 which was 80.20 percent higher than the corresponding month of the previous year. The country received $1334…