Business

The National Board of Revenue (NBR) has decided to withdraw the tax exemption enjoyed by the Metro Rail authority from July this year. To this end, NBR sent a letter to Dhaka Mass Transit Company Limited (DMTCL) on Thursday. As per the new order, ticket price for the shortest distance, for example from Motijheel to Secretariat or TSC, will be ...

Bangladesh Bank for the first time in 16 years, auctioned 25 kilogrammes of gold for around Tk 18 crore on Wednesday, reports UNB. The central bank was keen to auction the gold in late 2022 but failed to find the expected buyers. “Bangladesh Bank sold 25.312 kg of gold in different qualities for Tk 17.99 crore. After completing all the ...

Bangladesh Energy Regulatory Commission (BERC) lowered the price of liquefied petroleum gas (LPG) on Wednesday by Tk 3.34 per kg, setting the new rate at 120.18 per kg, down from previous Tk 123.52. The new price will be effective from 6pm today. As per the new price chart, the consumers have to pay Tk 1,442 for a 12 kg LPG ...

Readymade garment employees are demonstrating in Gazipur’s Konabari for the second consecutive day on Tuesday demanding due salaries and Eid bonus. Around 8,000 employees of Keya Knit Composite Ltd took to the street, blocking Kashimpur regional road. The protesting workers alleged that the owners did not pay their February month’s dues and Eid bonus. They said that they will continue the protest until ...

Bangladesh received remittances of around $1,996.85 million sent by Bangladeshi expatriates during March in the fiscal 2024-25. According to the available data from Bangladesh Bank (BB), state-owned banks brought in $261.77 million while 43 private sector banks brought in $1691.70 million in remittances. Among them, the highest $491.79 million remittance came to the country through Islami Bank Bangladesh PLC. State-owned ...

  Bangla Mirror Desk:   Bangladesh Caterers Association (BCA), an organization representing the curry industry in the UK, organized a press conference and Iftar mahfil to mark the initiative to raise awareness among restaurant workers about NHS’s Mental Health Services Awareness Campaign – Talking Therapies service. The Prime Minister’s International Trade Envoy to Bangladesh Tom Hunt MP, Deputy Mayor of ...

Chinese company Taisheng (Bangladesh) Webbing Co Ltd is going to set up a Shoe, Bag and Garments Accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ) with an investment of US$ 6 million. Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Li Yecai, Managing Director of Taisheng (Bangladesh) Webbing Co Ltd signed the agreement on behalf of their respective ...

The government on Sunday set the automated retail prices of petroleum fuel for the month of April with effect from Monday. As per the new price, the diesel and kerosene will be sold at Tk 106 per litre instead of previous price at Tk 108.25, lowered by Tk 2.25 per litre, UNB reports. The prices of octane and petrol have ...

Banks will keep their branches open on a limited scale in the industrial areas on April 5,6 and 7 to facilitate the payments of salaries, wages and festival allowances to the factory workers, employees and officials ahead of the upcoming Eid-ul-Fitr. The clients will be able to do banking transactions between 10 am and 2pm, instead of whole day. The ...

Salehuddin Ahmed, former governor of Bangladesh Bank, has underscored the need for ensuring good governance to eradicate irregularities in the country’s banking sector. “The ongoing crisis in the banking sector cannot be resolved solely through bank mergers. In addition, it is imperative to prioritise good governance to get rid of the situation,” said the former BB governor on Saturday. He ...