Transport chittagong

Water Transport Cell Faces Split as Chittagong Vessel Owners Go Solo

The Inland Vessel Owners Association of Chittagong, after breaking away from the Water Transport Cell, has begun allocating lighter vessels separately. The Inland Vessel Owners Association of Chittagong withdrew its membership from... Read more »
sheikh hasina begum rokeya day today

Bangladesh, Qatar Address Gaza Crisis, Emphasize Economic Support

On Tuesday (December 19), Prime Minister Sheikh Hasina emphasized the need for unity among Organisation of Islamic Cooperation (OIC) member states to establish peace in Gaza. The statement was made during a... Read more »

Advertisement

"NBR Plans Extended Tax Break on Foreign Loan Interest for Economic Relief"

NBR Plans Extended Tax Break on Foreign Loan Interest for Economic Relief

The National Board of Revenue (NBR) is considering extending the tax exemption on foreign loan interest payments from February 2024 to December 2024. In a circular on 28 November, the NBR exempted... Read more »
"Investment Corporation of Bangladesh Grapples with Unprecedented Losses and Repayment Challenges

“ICB Grapples with Unprecedented Losses, Repayment Challenges

The Investment Corporation of Bangladesh (ICB), a significant player in the nation’s capital market and non-bank financial institutions, faces a deepening financial crisis due to floor price restrictions preventing the sale of... Read more »
Economic BB

BB Reports Decline of Tk5,782cr in High-Value Deposits Amid Economic Challenges

Deposits in bank accounts holding Tk1 crore or more witnessed a decline of Tk5,782 crore in the September quarter of the current year, as reported by the Bangladesh Bank (BB). In the... Read more »
renata

Renata Expands Global Footprint with Entry into Australian Pharmaceutical Market

Renata Limited – one of the leading drugmakers in the country – has put its footprints into the Australian pharmaceutical market for the first time. As part of its global market strategy,... Read more »
fbcci

FBCCI Urges Unified Front Amidst Global Economic Impact

Calling on the business community to stand united, Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), on Saturday said Bangladesh was grappling with the repercussions of... Read more »
china export

China Navigates Economic Hurdles as November Exports Show Improvement

Chinese exports rebounded in November, breaking a seven-month streak of decline, as reported by the General Administration of Customs (GAC). Overseas shipments registered a 0.5 percent year-on-year increase, reaching $291 billion, surpassing... Read more »
nbr vat

NBR Grapples with Mounting Challenges as Tk25,000cr in VAT Remains Unrecovered

The National Board of Revenue (NBR) is facing a significant challenge in collecting a substantial amount of revenue, particularly from government entities. The current situation involves a growing backlog of cases, resulting... Read more »
US Ambassador

US Ambassador Meets Biman Officials Amidst Plans for Airbus Addition

The US Ambassador to Bangladesh, Peter Haas, held a meeting with officials from Biman Bangladesh Airlines on Tuesday afternoon at Biman’s head office, Balaka. Representatives from Boeing, the US-based aviation giant, were... Read more »