The number of companies not paying any form of dividend to their shareholders for the 2019-20 financial year increased by 38.5 per cent from the previous year as the global coronavirus pandemic bit hard on their balance sheets. As of Sunday, 36 companies were found to have...
The demand for beverage products usually starts to rise in Bangladesh in March, when the temperature begins to jump to summer highs after the end of winter when demand is low. However, this year, beverage companies have been going through a severe slowdown as the Covid-19 pandemic...
The Metropolitan Chamber of Commerce and Industry has demanded that tax at source or TDS on export should be reduced to 0.25 per cent for all sectors keeping it unchanged for at least three years. The existing TDS system on export sales is against the principle of...
এ বছর আয়কর রিটার্ন জমা দেওয়ার সময় বাড়ছে না বলে জানিয়েছেন জাতীয় রাজস্ব বোর্ডের (এনবিআর) চেয়ারম্যান আবু হেনা মো. রহমাতুল মুনিম। আজ রোববার সকাল ১০টায় এক সংবাদ সম্মেলনে তিনি এ কথা জানান। তিনি জানান, রিটার্ন জমা দেওয়ার শেষ দিন ৩০ নভেম্বরই থাকছে। এনবিআর চেয়ারম্যান বলেন, নির্ধারিত...
The government plans to double Bangladesh's exports to Canada within the next three years by boosting the shipments of goods made by small-and-medium enterprises, particularly jute products, according to a press release. "Bangladesh currently earns about $1 billion from exports to Canada and we...
Dhaka Chamber of Commerce & Industry (DCCI) has recently signed a Memorandum of Understanding (MoU) with Bangladesh International Arbitration Centre (BIAC), the premier Alternative Dispute Resolution (ADR) institution in the country. The MoU was signed at a simple ceremony at the BIAC secretariat on Thursday. During the...
Bhutan will sign the Preferential Trade Agreement (PTA) with Bangladesh in December to further enhance trade and commerce between the two countries, reports UNB. "All necessary works on the PTA have been completed to sign it next month," said Bhutanese ambassador to Bangladesh Rinchen Kuentsyl when he...
A Laudes-commissioned study into transparency in the apparel industry in Bangladesh reveals that while local and global initiatives are making progress, brands, manufacturers and workers are facing significant barriers to achieving more transparency in their sectors. The report, entitled:Transparency Assessment: Examining the transparency journey...
Norwegian Ambassador to Bangladesh Espen Rikter-Svendsen Wednesday said Norwegian businessmen are interested in investing in various sectors of Bangladesh that have potential. He said there is a huge demand for Bangladesh-made garments in Norway, and Norwegian businessmen would take steps to increase bilateral trade and investment. In...
Much has been said about Vietnam closing in on Bangladesh’s long-undisputed number two spot in the global apparel market. But there is another product in which Vietnam is the leading exporter and Bangladesh has a good shot at knocking it about with the Southeast Asian nation: dragon fruit....