Corporate

Mahfuja Mukul: Chittagong Customs owes Tk 3,700 crore revenue to the government agency Petrobangla in the fiscal year 2021-22. The customs authority is worried about this huge amount of unpaid revenue to the government agency. This revenue has been arrears on LNG (Liquefied Natural Gas) imports for the last six…

Staff Correspondent: The government yesterday approved separate proposals for procuring some 50,000 metric tons of wheat and some 30,000 metric tons of granular urea fertilizer to meet the growing demand of the country.The approvals came from the 21st meeting of the Cabinet Committee on Government Purchase (CCGP) in this year…

BPC incurring loss Tk 83 cr daily Mahfuja Mukul: The state-owned Bangladesh Petroleum Corporation (BPC) is in danger of losses after being in profit for seven consecutive years. As the price of fuel oil increases in the global market, the risk of total loss and daily loss of the company…

During the fiscal year 2021-22 Staff Correspondent: The size of the budget is getting larger every fiscal year. Along with that, the target of revenue collection is also increasing. However, the National Board of Revenue (NBR) could not achieve the main budget revenue collection target in any financial year. As…

Staff Correspondent: The government has reduced the price of per litre bottled soybean oil by Tk 14 to stand at Tk 185. Commerce Ministry Senior Secretary Tapan Kanti Ghosh said that the government has taken the decision to reduce price in domestic market in line with the reduction of price…

BSEC wrong policy responsible Mahfuz Emran: More than five lakh Beneficiary Owners (BO) accounts have been closed in the capital market of the country in a year. Share market related and analysts believe that such a large amount of BO accounts have been closed due to the wrong policy-planning of…

Pollution occurs in Savar industrial city Staff Correspondent:Environmental issues are holding back the export of Bangladesh’s leather to Europe and the US and a potential earning of up to $10 billion a year, according to traders and exporters.Industries are selling raw (wet blue) leather at $1 per square foot to…

Case filed by BSTI Chattogram Bureau: A Chattogram court has issued an arrest warrant against City Group Chairman Fazlur Rahman in a case filed by BSTI.Chattogram’s Fourth Additional Metropolitan Sessions Judge Shariful Alam’s court issued the warrant yesterday.BSTI’s PP Adv Ashraf Khandaker confirmed the matter and said the BSTI had…

Fetches continuous growth of 54.16pc Staff Correspondent: As the top denim supplier to the US for the first five months of the current calendar year (January-May), Bangladesh continues to dominate the US denim market.According to current data from the Commerce Department’s Office of Textiles and Apparel, Bangladesh exported denim goods…

Staff Correspondent: Gold prices have declined in the global market due to the rise in the value of the dollar – which is the lowest in 9 months.The incident of declining gold prices took place on Tuesday. In such a situation, investors are waiting for the release of US inflation…