Local manufactures like refrigerator, AC, mobile set and LPG cylinder also may get costlier for tax hike as financial reform necessitates lowering tariff protections to domestic industries. Sources say the local manufacturers of electrical and electronic products may see a tax hike in the up
Just days after implementing market-based bank interest rates, the Bangladesh Bank met with the country's leading businesses on Thursday and assured them that loan interest rates would not exceed 14 per cent. "We have discussed the interest rate issue with the governor, and he said the cost of dep
The government, in a departure from age-old practices, has decided to make districts as the focal point of local-level development activities. The direction for the switch came from Prime Minister Sheikh Hasina while presiding over a meeting of the Executive Committee of the National Economi
Some 398 Bangladeshi nationals purchased 641 properties valued at an estimated US$225 million in Dubai in 2022, according to a report. The number of Bangladeshis who have bought cent-percent ready-made housing assets or intend to purchase unfurnished housing assets in Dubai city and whose detail
Despite a gas-supply crunch idling two dozen power plants, two private LNG-run power plants went into commercial production recently, while sources say that at least two more will follow suit in the coming months. The two power plants will now be receiving capacity payments from the governme
