Bangladesh today (June 1) signed a 15-year agreement with Qatar to import 1.8 million metric tons (MMT) of liquefied natural gas (LNG) per year. As per the new deal, Bangladesh will get an additional 1.8 MMT of LNG per year, which will start in 2026. Bangladesh already has a dea
Utimaco, one of the leading Hardware Security Module (HSM) OEM from Germany, and Genex Infosys Limited, one of the leading IT solutions providers in the country, organised a collaborative event at a hotel in Dhaka recently. The event titled "Creating Trust in the Digital Banking World," was an int
No fresh and specific incentive for clean energy has been announced in the proposed budget FY2023-24 despite the plan to generate 40 per cent of the total electricity production from clean energy by 2041. A quick review of the budget speech shows that the import duty issue of solar accessories has
The government is planning to draft a new law to regulate the online business sector, which has been the subject of much conjecture in recent years. Finance Minister AHM Mustafa Kamal revealed the plan while unveiling a Tk 7.6 trillion budget for the new fiscal year on Thursday, reports bdnews24.c
The government has proposed to increase the tax levied on domestic and foreign travel in a bid to boost revenue generation and ease the strain on forex reserves. On Thursday, Finance Minister AHM Mustafa Kamal presented a Tk 7.6 trillion spending plan for fiscal 2023-24. Amid global economic head
Finance Minister AHM Mustafa Kamal has proposed to increase the revenue collected from cigarette smokers. As a result, the price of each cigarette pack will increase by Tk 2-8 depending on the quality. However, considering the plight of low-income individuals, there has been no proposal to increas
The mobile phone users and the number of internet users of the country are more than 180 million and 130 million respectively. "Currently, the number of mobile SIM users and the number of internet users are more than 18 crore (180 million) and 13 crore (130 million) respectively," said Finance Min
Price of Liquefied Petroleum Gas (LPG) has slashed by Tk 13.42 per kg to Tk 89.48 from the previous price of Tk 102.9 for the month of June. Bangladesh Energy Regulatory Commission (BERC) announced the new price, saying that a 12kg LPG cylinder’s price has reduced by Tk 161, reports UNB. A
500th meeting of the Board of Directors of NCC Bank was held at bank’s board room on Tuesday, according to a press release. Chairman of the bank Md Abul Bashar presided over the meeting while Vice-Chairman Sohela Hossain, Director & past chairman Abdus Salam, Director & past vice-chairman Ta
The government is expected to meet with the stakeholders today (Thursday) to devise necessary strategies, including reviewing the prices and management of rawhides of sacrificial animals during the upcoming Eid-ul-Azha, said officials. Senior Commerce Secretary Tapan Kanti Ghosh is likely to presi
