Corporate

Diplomatic Correspondent: Visiting delegation of the International Monetary Fund (IMF) in a meeting yesterday suggested capacity building of the Bangladesh Securities and Exchange Commission (BSEC) to act in a way so that people from various backgrounds are included in the market. BSEC’s executive director and spokesperson Razaul Karim told that…

Mahfuja Mukul: Recently, the topic of famine is coming up in various discussions. The prime minister is speeding up the talks by expressing apprehension. At the government level, instructions have been given to reduce expenditure. Sheikh Hasina called for savings as well as reducing expenses at the individual level. He…

Staff Correspondent: Soybean oil price may go up as Bangladesh Tariff Commission (BTC) is considering proposal for hiking edible oil price due to higher production costs.Bangladesh Vegetable Oil Refiners and Banaspati Manufacturers Association (BVORBMA), the association of owners of edible oil refining and marketing companies, has submitted a proposal to…

Staff Correspondent: Amid the ongoing sugar crisis, the prices of sugar produced by state-owned factories have been hiked by Tk 14.The maximum retail price of local sugar has been increased from Tk 85 to Tk 99 per kg ‘in accordance with international and domestic market prices’, the Bangladesh Sugar and…

Staff Correspondent: Despite taking VAT registration, around 22 percent of companies are not submitting their VAT returns.A large number of individuals are also remaining out of the tax network despite having taxable income.A total of 26 lakh people or 52.41 percent of the taxpayers did not submit their income tax…

Mahfuja Mukul: Bangladesh had set a record in the reserve during the Corona pandemic. The Russia-Ukraine war started as soon as the pandemic ended. The whole world is in crisis. The flame of which came to our reserve. The government is worried about the reserve, it is clear from the…

Farmers incurring loss for high feed cost Mahfuja Mukul: Dairy sector stakeholders say that if marketing is not ensured by increasing production, it will be difficult to sustain small and marginal dairy farmers. This can have a negative impact on milk production, disrupting the journey to self-sufficiency in milk. At…

Industry Desk: The government is keen to introduce a national social insurance scheme in Bangladesh in phases with an aim to enhance social safety of the factory workers and common people, according to an official document.Officials with knowledge of the process say a study has already been conducted on this…

Golam Mostafa Jibon: Snail pace in revenue collection has now caused of a key reason behind the catastrophe in the country’s economy, experts said.They said, the economy is already strained due to various reasons. On top of that, there has been a slowdown in revenue collection, the main source of…

Industry Desk: Bad loans stuck in legalities kept piling up as over Tk153,000 crore were reportedly in limbo with the Artha Rin Adalat (money loan court) as of June this year.Bad governance, poor capacity, insufficient money loan courts, protracted case proceedings and stay orders were on a long list of…