Saturday, March 23, 2019
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Business

Latest news from Business World

State minister for power, energy and mineral resources Nasrul Hamid said that the government had moved for raising gas prices, mainly for commercial and industrial consumers and for power plants to offset losses caused by LNG import. ‘We have submitted...
Bad loans in the country’s banking system grew by 26.39 per cent in 2018, much higher than 19.51 per cent growth in 2017. Non-performing loans in the banking sector increased by Tk 19,608.4 crore to Tk 93,911.4 crore on December...
The government has finalised the draft of leather policy with an aim to achieve $5 billion export earnings target from the sector by 2021 and to increase the contribution of leather sector to Gross Domestic Product to 2.5 per...
Banks on Wednesday requested Bangladesh Bank for upward revision of interest rate of foreign currency loans for trade finance which they issued against export and import bills. They made the request at the 21st forum of banks’ authorised dealers held...
Suspended new VAT law will come into force from July this year provided that the government make amendments to a number of key areas in the law including value-added tax rate, schedules related to exemption and supplementary duty. National Board...
Around 5,000 readymade garment workers have been fired from their jobs for their alleged involvement in the recent labour unrest for wage hike in labour-intensive industrial belts of Ashulia, Savar, Gazipur and Narayanganj. According to Industrial Police officials, a total...
Illicit capital outflow goes unabated as $5.9 billion (about Tk 50,000 crore) was siphoned off from Bangladesh in 2015 taking to $81.74 billion the amount siphoned off the country in 11 years since 2005, revealed the latest study of...
Agriculture experts at a farmers' field day in Rangpur have called for enhancing cultivation of zinc-enriched rice and ensuring its optimal consumption to meet nutritional demand of the common people. They came up with the call at the event...
APPAREL manufactures and exporters at a meeting with the government on Thursday on the 29 committees set up on January 21 to monitor the implementation of the wage structure for apparel workers, notified on November 25, 2018 and then...
Bangladesh foreign minister AK Abdul Momen will brief diplomats stationed in Dhaka at state guest house Padma at around 4:00pm on Thursday. State minister for foreign affairs M Shahriar Alam and foreign secretary M Shahidul Haque will also present at...
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