Country’s export has remained confined to some particular products and markets due to lack of government’s effort in exploring new markets though diversification of products and searching new markets are the key factor to compete in international market. Activities of state-run Export Promotion Bureau (EPB) are being questioned in exploring new markets. According to information, readymade garment products are the mainstay of the country’s export as the RMG sector has been making around 80 percent contribution to the country’s export earning for a decade. Followed by the RMG products, frozen foods including shrimp, agricultural products, leather and leather goods are the main sources of country’s export earnings. The country’s export destinations are... more ›
Price of imported ginger has declined drastically while those of green chili and vegetables increased marginally in the cityï¿½s kitchen markets on Friday. While visiting different kitchen markets like Khilgaon, Malibagh, and Badda Bara Bazar in the city on Friday, it was seen that imported ginger was selling at Tk 160 per kg against Tk 240 a week ago. On the other hand, local and imported onion were selling at Tk 38 and Tk 35 per kg respectively, while imported garlic was sold at Tk 90 per kg. Green chili was selling at Tk 120 per kg on... more ›
A two-day international conference titled ‘Global Economic Recovery: Asian Perspective’ begins here on Saturday to discuss Asian economic growth, trade and investment. The National Committee of International Chamber of Commerce (ICC), the world business organisation, will host the event at Bangabandhu International Conference and Sonargaon Hotel, marking the 20 years of ICC’s presence in the country, reports UNB. The conference is expected to bring together 500 delegates representing ministers, industry and business leaders, experts, economists, ICC leaders and academics from home and abroad, said Mahbubur Rahman, president of International Chamber of Commerce, Bangladesh (ICCB). President Abdul Hamid will inaugurate the conference while Finance Minister AMA Muhit and ICC Vice Chairman Sunil Bharti... more ›
As its rule for the landlords to take their house rents through the banking channel evokes a low response, the National Board of Revenue (NBR) has decided to get tough to enforce the rule. “We’re waiting for the deadline for the income tax return submission to be over. After that, we’ll launch our drive in this regard,” an NBR official told UNB seeking anonymity, reports UNB. The last date for submitting the income tax return has been reset at November 2, 2014 from September 30, 2014 as the NBR received numerous requests from business bodies across the countries. The government from July 1 this year made it mandatory to collect the house... more ›
First Security Islami Bank Limited celebrated its 15th Anniversary at a ceremony at RAOWA Convention Hall in Dhaka on Friday. AAM Zakaria, Managing Director of First Security Islami Bank Limited, presided over the programme, said a press release. On the occasion, he launched the new website of the bank with a new look. Meanwhile, the bank organised Managing Directorï¿½s meeting with the executives and the officers of bankï¿½s head office and branches of Dhaka zone. Syed Waseque Md Ali, Deputy Managing Director and Quazi Osman Ali, Deputy Managing Director of the bank, were present on the... more ›
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