Sohel Parvez

The revenue authority has waived value-added tax and supplementary duty on the import of raw materials to make compressors of refrigerator and air conditioners with a view to facilitating local manufacturing.

A new customs law is likely to be placed in parliament soon under which the associated environment will have to be digitalised by the

Entrepreneurs investing in the economic zones will get all types of trade and investment services from various government agencies within 45 working days of their application, according to the One-Stop Service Rules issued by the Prime Minister's Office on Tuesday.

Locally grown pineapples and aloe vera are exported abroad in processed form, ushering hopes that farmers would not suffer losses for production gluts, said three persons familiar with the matter.

The tax administrator plans to discontinue the Kar Bahadur title, a decoration that was introduced last year to honour long-time

The customs authority plans to start working along with all stakeholders soon to ease congestion of vehicles at Benapole and

Import of hybrid cars is increasing exponentially on the back of soaring demand for the fuel-efficient vehicles from the upper middle-income people, marketers said.

The doorbell rang twice, which made Fazilatun Nesa peek through the peephole.

The National Board of Revenue plans to set up a separate unit for multinational companies (MNCs) to provide hassle-free services to

Almost every time any government agency tried to ensure accountability and transparency of the duty-free liquor trade, it found itself in a legal limbo. Over the last two decades, diplomatic bonded warehouses, who import duty-free liquor for diplomats and foreigners, filed writ after writ with the High Court challenging the legality of the government action.

Edible oil prices have fallen in the local market on the back of a price slump fuelled by higher global production and the US-China trade war, said processors and wholesalers.

Officially, most bars and social clubs neither import nor purchase alcohol yet they log huge sales; restrictive law, high import tariff, bureaucratic nightmare encouraging smuggling; govt loses big, earning almost nothing out of this trade.

Bangladesh has made considerable progress in terms of economic development, catching attention of many global thinkers, said Prof

State-run Bangladesh Sugar and Food Industries Corporation (BSFIC) has urged the government to increase import duty on the sweetener to curb import and clear its unsold stock of 1.51 lakh tonnes, corporation and revenue officials said.

Local airlines nowadays carry nearly double the number of passengers on domestic routes compared to what was five years ago but the surge hasn't translated into profitability, said executives.

The government has given the go-ahead to Runner Automobiles to import raw materials and components to make motorcycles of over

The quality of Bangladesh's economic growth has improved between 2000 and 2015, according to an index developed by the South Asian Network on Economic Modeling (Sanem).

Bangladesh's rice bran oil is gradually making headway in the international market thanks to manufactures' efforts to sell the

Rice imports nosedived in the past two months and the US Department of Agriculture (USDA) predicted total import would dip to 6

The country's shipbuilding sector has returned to growth following years in doldrums, on the back of a surge in demand from