Business
The Executive Committee 2022-24 of e-CAB sworn in formally in a ceremony on Monday.Nazrul Islam Khan, Advisor of e-CAB conducted the oath at Pan Pacific Sonargaon Hotel. The newly elected office bearers of e-CAB President Shomi Kaiser, Vice President Mohammad Sahab Uddin, General Secretary Moha...
A delegation of the International Monetary Fund (IMF) led by IMF Mission Chief for Bangladesh Rahul Anand paid a courtesy call on BGMEA President Faruque Hassan at BGMEA’s PR office in Gulshan, Dhaka on Wednesday. The IMF team included Resident Representative in Dhaka Jayendu De, and Seni...
Mutual funds failed to meet the expectation of the investors in the capital markets, said Dr. Mizanur Rahman, commissioner of the Bangladesh Securities and Exchange Commission (BSEC).“Mutual funds play a major role in capital markets. But it is still absent in our country,” said Rahman w...
“In a competitive world, we are ready to take on any kind of competitive challenge, said Mohammed Abdullah Al Mamun, Managing Director of US-Bangla Airlines.He mentioned that in today's world there is no substitute for brand new aircraft to provide proper service to the passengers. On...
Speakers at an event said that Bangladesh is advancing on the global corporate horizon at a great speed. They also opined that that the present government is committed to ensuring good corporate governance and corporate culture in the listed companies of Bangladesh.The event was organised by th...
The German Ambassador in Bangladesh Achim Tröster has suggested Bangladeshi exporters to be prepared to face the new German Supply Chain Act, which will come into force from January, 2023, mentioning that it will primarily focus on human rights issues, but also includes environmental considerat...
Like the Export Development Fund, businessmen called for forming Jute Sector Development Fund which will facilitate the entrepreneurs with the loan at 2% interest.They came up with this call at the first meeting of the standing committee on Jute and Jute Goods held at FBCCI on Tuesday. They said, th...
A huge positive change in the banking sector of Bangladesh is possible if we can bring the people deprived of banking facilities under banking services, said Advisor to the Prime Minister for Private Sector Industry and Investment Salman F. Rahman on TuesdaySpeaking at the launching ceremony o...
The Foreign Investors’ Chamber of Commerce and Industry wants Workers Profit Participation Fund (WPPF) as an expense of a respective company as stipulated in the labour law. While dwelling on the ensuing budget, FICCI President Naser Ezaz Bijoy said on Wednesday that they want the facility as ...
Opening of Padma multipurpose bridge will drive the massive connectivity development with the Southwestern side of the country, said speakers at an inaugural session on Thursday.They hoped that the automobile industry will be playing a great role in further boost of the overall development. Th...
A day long Training Workshop on “Development of Competitive Business Plan with Modern Technologies in the era of IR 4.0 to enhance productivity of Light Engineering Sector” was held at Institute of Appropriate Technology (IAT), BUET on Wednesday. Prof. Dr. Abdul Jabbar Khan, Pro-Vic...
Members of the Parliament perceive the tobacco tax proposals in the budget for FY 2022-23 to be very frustrating. The effective tobacco taxation proposals pushed by different anti-tobacco organizations, researchers, and activists have not been reflected at all in this budget for the coming fiscal ye...
Md. Habib Ullah Dawn has been elected uncontested the President of Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) for the 4th time. Mohammed Shahidul Islam has been elected uncontested the Secretary General of the Association. Md. Aslam Serniabath, Reaz Rahma...
Speakers at a roundtable discussion on Tuesday laid emphasize on how to resolve problems of non-performing loans in Bangladesh, highlighting the role of asset management company (AMC) The roundtable discussion was held at the Bangladesh Institute of Bank Management (BIBM) auditorium. Ahme...
To achieve the $80 billion export target, the export development fund (EDF) should be lifted to at least $10 billion and be made accessible to all exporters, the leaders of the metropolitan Chamber of Commerce and Industries (MCCI) opined on Sunday. They observed that it is still seen that man...
Industries Minister Nurul Majid Mahmud Humayun on Sunday emphasized the need for implementing the formulated master plan to increase productivity."To increase productivity, 'Bangladesh National Productivity Master Plan 2021-2030' needs to be implemented. Industries Ministry and National...
Businessmen at a webinar on sunday demanded of the government to form a separate authority to ensure accountability of the public servants to curb corruption and also to ensure proper utilization of public expenditure.Dhaka Chamber of Commerce and Industry (DCCI) President Rizwan Rahman raised such ...
The international textile sourcing show of South Asia, styled 'Intex South Asia' ended on Saturday.The 3-day show took place at the International Convention City Bashundhara (ICCB) in the city. Worldex India Exhibition and Promotion Private organised the show which was inaugurated...
Tax net expansion is essential to improve the Tax-GDP ratio. The government needs to take further steps to expand the tax net. For certain types of companies, conditional reduction of tax rate, field of tax deducted at source and proposed rate change are good initiatives. Experts made these opi...
Textile and Jute Minister Golam Dastagir Gazi on Thursday said the government has implemented various programmes to accelerate the development and modernization of the textile industry and to increase the demand in the domestic and international markets.The minister told this while speaking at the i...
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