Akij Ceramics, the number one brand in the ceramic tile industry in Bangladesh, has opened another exclusive showroom at the country’s prominent location of tiles market, Barishal.  Consecutively Four times best brand award & Super Brand award winner Akij Ceramics has

The government has not announced any new incentive for local industry development in the proposed budget for the fiscal year (FY) 2023-24, but imposed additional VAT on some local manufacturers like smartphone manufacturers, software development and customisation.  Foreign

In a bid to reduce the sufferings of poor and middle-class customers, Bashundhara Group started fair price sales of 21 essential commodities in eight divisional cities including Dhaka on Thursday (June 1) ahead of Eid-ul Azha. Bashundhara Food and Beverage arranged ‘fair price

Finance Minister AHM Mustafa Kamal today (June 1) said that a digital bank would be set up within the next fiscal year to broaden and accelerate financial inclusion efforts.  "A Bangladesh Bank committee is working to work out strategies to broaden and accelerate financial

Finance Minister AHM Mustafa Kamal today (June 1) said the government wants to keep the corporate tax rates unchanged for all sectors for the fiscal year 2023-24. He said: "From FY2020-2021 to FY2022-23, the corporate tax rate has been reduced every year. Considering all these, as

The government has proposed Amendments to the Passenger Baggage Rules, 2016, which lowered the limit for the passengers carrying gold bars or gold pieces and impose higher taxes. In addition, Finance Minister AHM Mustafa Kamal in his budget speech proposed ensuring punishment if the

The size of the Annual Development Programme (ADP) for the next fiscal year (2023-2024) has been finalized at Tk 2.63 lakh crore with the highest allocation of Taka 75,945 crore (28.88pc of allocation) in the transport and communication sector. Finance Minister AHM Mustafa Kamal

The government has allocated Taka 25,122 crore for the agriculture especially the crop sector in the proposed national budget for 2023-24 fiscal which is only 3.29 percent of the total budget outlay. Of the proposed allocation, Taka 20,774 crore 51 lakh has been proposed for operating

Finance Minister AHM Mustafa Kamal today (June 1) proposed an allocation of Taka 37,052 crore to deal with climate change impacts in the country. He made the proposal while placing the proposed national budget for fiscal 2023-24 in the Jatiya Sangsad here. In his budget speech,

Finance Minister AHM Mustafa Kamal today (June 1) proposed imposing kilowatt-based environmental surcharges on multiple vehicles. He made the proposal while placing the proposed national budget for fiscal 2023-24 at the Jatiya Sangsad here. Kamal said at present, Bangladesh has

Finance Minister AHM Mustafa Kamal while placing the national budget today (May 1) proposed increasing the social safety net programme allocation by 11 percent  year-on-year for fiscal year (FY) 2023-24. He recommended allocating a total of Tk 126,272 crore, up from the current

The government on Thursday (June 1) proposed changes to duties on different products, which will result in an increase and decrease in their prices. Finance Minister AHM Mustafa Kamal placed the proposed budget of Tk 7,61,785 crore for the FY 2023-24 with a target of 7.5 GDP growth.

Inflation will remain much controlled in the next fiscal year and the annual average inflation is expected to stand at around 6 percent, said Finance Minister AHM Mustafa Kamal, in his budget speech for the FY2023-24 on Thursday (1 June).  According to his budget speech, the rate

The finance minister on Thursday (June 1) proposed an increase in the tax-free income limit for individual taxpayers, after three years, to Tk 3.5 lakh from the existing Tk 3 lakh giving relief to marginal taxpayers. Finance Minister AHM Mustafa Kamal said this while placing the

Finance Minister AHM Mustafa Kamal today (June 1) said in the budget for the next fiscal year (FY24), the government will focus on sustaining the economic recovery by successfully implementing the ongoing stimulus packages. He said: "We have completely overcome the effects of the

A two-day regional LPG conference began in Dhaka on Tuesday to promote liquefied petroleum gas (LPG) as an environment-friendly fuel to free the earth from the curse of carbon emissions. World LPG Association organised the Asian Regional LPG Summit at International Convention City

The central bank of Iraq expanded its gold reserves by 2% in one day last week, Bloomberg reported, stating that a bigger move into gold is in the works. Iraq purchased 2.5 tons of gold Thursday, increasing its total gold reserves to 132.73 tons, Bloomberg cited Mazin Sabah, director

Dr Philip Kotler, an American marketing author, consultant, and father of modern marketing, highlighted Bashundhara Tissue, a product of the Bashundhara Group, in his newly published book. Bangladesh edition of the book titled “Essentials of Modern Marketing” made a case

Jewellers have lowered the price of gold by Tk 1,749 to Tk 95,694 per bhori in the market of Bangladesh. The standing committee on pricing and price monitoring of Bangladesh Jeweller’s Association (BAJUS) made the decision at a meeting held on Sunday. The price of 22-carat

The Premier Bank Ltd. and Bangladesh Election Commission signed an agreement at Bangladesh Election Commission Secretariat on Wednesday (May 24) for the collection of NID-related fees. Mr. Shamsuddin Chowdhury, Additional Managing Director of The Premier Bank Ltd., and Mr. Mohammad