Corporate
Corporate
Entrepreneurs in great trouble
Price hike of gas & electricity Mahfuja Mukul: Gas and electricity prices are increasing day by day. After a few months, the gas and electricity price hiked on the industrial sector repeatedly. The owners of industrial factories have lost their direction. They are struggling to cope with the pressure of…
Read More »FBCCI urges businesses to keep market stable
Staff Correspondent: The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the retailers, wholesale traders, and mill owners to keep the prices of commodities normal and ensure smooth supply of essentials during the upcoming holy month of Ramadan.The FBCCI made this call during a discussion meeting on…
Read More »Gold traders can participate in capital market
BSEC Chairman Staff Correspondent: Bangladesh Securities and Exchange Commission (BSEC) chairman Dr. Shibli Rubayat-Ul-Islam said gold traders can participate in the capital market if the company is profitable.The BSEC chairman was addressing a seminar organized by Bangladesh Jewellers Association (BAJUS) yesterday.In order to get listed on the Dhaka Stock Exchange,…
Read More »Trade deficit stood at Tk 129,150 cr
Staff Correspondent: Despite the remittance and export earnings have increased slightly, the amount of trade deficit is also increasing. In the first six months (July-December) of the current fiscal year 2022-23, the trade deficit in the country stood at $1,230 billion. At 105 taka per dollar in Bangladeshi currency, the…
Read More »NBR needs to collect Tk2.34 lakh cr more
IMF-set tax-GDP ratioIndustry Desk: The National Board of Revenue (NBR) would need to increase its revenue collection by a total of Tk2,34,000 crore in the next three fiscals to take tax to GDP ratio to 9.5% as prescribed by the International Monetary Fund (IMF).The Policy Research Institute (PRI) made the…
Read More »Poultry farmers finally making some profit
Industry Desk: Marking an overall increase in food prices, broiler chicken is being sold at Tk200-220/kg and eggs at Tk150/dozen in kitchen markets across the country for over a week.And due to this price hike, farmers who had been making losses for a long time by selling eggs and chicken…
Read More »Consumer product price hiked 60pc ahead of 2-month of Ramadan
Mahfuz Emran: Bangladesh Trade and Tariff Commission, a government agency, said that due to the increase in the value of the dollar, the price of imported goods will be about 30 percent higher this year. However, another government organisation, Trading Corporation of Bangladesh (TCB), says that one month and 17…
Read More »Tk 22,000cr VAT trapped in net of lawsuits
Ibrahim Khalil Jewel: The VAT department of the National Board of Revenue (NBR) is struggling with the complexity of the lawsuits. While 37 percent of NBR’s revenue had been targeted in the current fiscal year from the VAT department, but Tk 22,000 crore VAT revenue is trapped in the net…
Read More »Glass industries pose Tk 2,000 cr market
With huge export potentials Ashfaque Choudhury: The glass industry has played a vital role in the country’s growth, providing essential materials for construction and other things as Bangladesh is a developing country with a rapidly growing economy.According to sources, the country has over 50 glass factories with an estimated production…
Read More »Price of dates may increase in Ramadan
Imports are very low Mahfuz Emran: Last few years the supply of dates during Ramadan was good. The price was also within reach. But this year’s picture may be different. Traders are not able to import dates as per demand due to not being able to open LC. In this…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
