Corporate

Report Ministry of Finance Zarif Mahmud: Although risk-free by international standards, the total debt in the country is about Tk 13.5 lakh crore (Tk 13.5 trillion) as of latest. This is almost twice the national budget. Against this loan, in the last financial year, Tk 75,000 crore were spent on…

Staff Correspondent: National Board of Revenue (NBR) has withdrawn import duty on both raw and refined sugar so that consumers can get the sweetener at reduced rates.The customs authority withdrew Tk 3,000 specific duty on import of raw and Tk 6,000 on refined sugar per ton with immediate effect, said…

Industry Desk: The government has revised up the schedule of rates for construction materials, including bricks, bitumen, cement and rods, in projects as the contractors have been urging the authorities to readjust the price of projects in line with the hike in construction material prices.The price of first class over-burnt…

Staff Correspondent: Gold prices dropped by Tk 1,166 a bhori in the local market today thanks to a fall in its global rates. Although the prices fall a few days ago in the global markets, Bangladesh Jewellers Samity (Bajus) adjusted them yesterday.The price of each bhori of 22-carat gold will…

Gopalganj Correspondent: Prime Minister and Awami League (AL) President Sheikh Hasina yesterday inaugurated 43 development projects and laid five others foundation stones at a cost of Tk 329 crore to ensure overall development of her home district Gopalganj.She opened the projects after unveiling a plaque by pressing a button at…

Staff Correspondent: Biman Bangladesh Airlines escalates plane fair by 30 per cent this year.From now on, each passenger will have to pay Tk 1.98 lakhs compared to Tk1.40 lakhs last year.The state-owned Airline has been increasing ticket price for seven years. As a result, pilgrims are struggling to perform hajj.…

Ashfaque Choudhury: The motorcycle industry in Bangladesh has grown significantly in recent years, becoming one of the largest contributors to the country’s economy. Recently, Bangladesh exported more than 3 million motorcycles, making it one of the top 10 motorcycle exporters in the world.The booming motorcycle sector in Bangladesh is largely…

Industry Desk: Bangladesh’s apparel exports to the European Union are increasing day by day.Bangladesh exported garment products worth 21.18 billion dollars to EU counties from January to November of 2022, which is 38.39 per cent more from the same period of 2021.Eurostat, the statistical office of the European Union situated…

Ashfaque Choudhury : Bangladesh is emerging as a major player in the global frozen food export market. Over the past few years, the country has seen a significant increase in the export of frozen food to other countries.Bangladesh has a wide variety of frozen food products that are exported around…