Essential Commodities: Prices go up ahead of Eid
As Eid-ul-Azha approaches, consumers brace for a hike in the prices of essential commodities, a trend seen all too often ahead of Eids.
14 June 2024, 18:00 PM
Demand for air ambulances on the rise
The demand for air ambulances has grown steadily in Bangladesh in recent years due to rising affordability and entry of a number of operators.
14 June 2024, 18:00 PM
How helicopters took Dhaka’s denizens to the skies
Over 10 companies now have 36 choppers due to increased demand
14 June 2024, 18:00 PM
Record number of sacrificial animals up for Eid sale
A record number of sacrificial animals are up for sale this Eid-ul-Azha due to the surplus of the animals, which were left largely unsold during last year’s Eid.
13 June 2024, 18:00 PM
Return filing a must for hotels, restaurants and clinics
Nearly five lakh additional establishments are expected to come under the tax net as the government is going to make proof of submission of return (PSR) mandatory for hotels, restaurants, clinics, and diagnostic centres.
13 June 2024, 00:45 AM
Tax exemption in FY25 rises to Tk 163,000cr
Tax exemptions provided by the National Board of Revenue (NBR) are estimated to rise to Tk 163,000 crore in fiscal 2024-25 as the tax administration looks to ease the pressure on individuals and facilitate higher economic growth.
7 June 2024, 18:00 PM
Chicken, egg prices rise on supply shortage, higher production costs
The prices of broiler chicken and eggs, staple food sources for protein for many middle and low-income groups, have increased in the country's markets over the past week due to shortages in supply and an increase in production costs.
5 June 2024, 18:05 PM
Reduce cost of doing business to facilitate investment
Businesspeople in Bangladesh have called for improving the ease of doing business and reducing the cost of production to establish a conducive trade and investment ecosystem.
3 June 2024, 01:00 AM
FDI slips but stays above $3b
Foreign direct investments to Bangladesh snapped its rising trend in 2023, highlighting the nervousness outside investors face in pumping money into a country whose foreign exchange regime is experiencing one of its worst periods in recent times
29 May 2024, 03:18 AM
How much of SME potential have we realised?
Policymakers must work together in harmony and place a special focus on SMEs, which accounted for almost 25 percent of Bangladesh's gross domestic product (GDP) in 2018, according to a Planning Division report.
25 May 2024, 16:14 PM
Challenges abound for aspiring entrepreneurs
Ashit Chowdhury, managing director of AAPON, a manufacturer of shataranji and various jute home decor products, applied for a loan of Tk 30 lakh from a private commercial bank.
24 May 2024, 18:00 PM
SMEs come together in a show of strength
Imagine walking into a shop and finding products that are identical to those at branded outlets but are being sold for only a fraction of the price levied by the well-known companies.
24 May 2024, 18:00 PM
Consumption stays low for two straight years as inflation bites
According to a provisional estimate of the Bangladesh Bureau of Statistics (BBS), consumption of goods and services grew 3.53 percent in 2023-24, up from 2.52 percent in the last fiscal year.
23 May 2024, 00:49 AM
21 life insurers failing to comply with securities investment rule
Twenty-one life insurance companies in Bangladesh have failed to comply with the rule that makes it mandatory for them to invest 30 percent of their assets in government securities, the regulator has found.
21 May 2024, 19:20 PM
Administrator appointed at Swadesh Islami Life
The Insurance Development and Regulatory Authority (IDRA) has appointed Sk Md Rezaul Islam, former additional secretary of the Ministry of Chittagong Hill Tracts Affairs, as administrator of Swadesh Islami Life Insurance Company with immediate effect.
21 May 2024, 18:05 PM
Administrator appointed for Swadesh Islami Life Insurance
Sk Md Rezaul Islam, former additional secretary, will be the new administrator with immediate effect
21 May 2024, 11:47 AM
Eastern Insurance fined Tk 5 lakh
The Insurance Development and Regulatory Authority (IDRA) has fined Eastern Insurance Company Tk 5 lakh for not having the minimum investment required in government securities as per the Insurance Act 2010.
18 May 2024, 18:01 PM
Steel consumption to increase 25% by 2027: study
Steel consumption in Bangladesh is projected to rise by 25 percent to around 1.06 crore tonnes in 2027 from 85 lakh tonnes in 2024 thanks to growing infrastructure development projects and individual consumption, according to Bigmint.
15 May 2024, 03:00 AM
Retailers, brands flock to Uttara
The consumer market in Uttara, a planned suburb in Dhaka city, has witnessed steady growth over the years, prompting many retailers and brands to expand their operations in the area.
10 May 2024, 18:00 PM
Uttara: A city within a city
Before the 90s, Uttara offered little aside from open fields of green and waterlogged land.
10 May 2024, 18:00 PM