Industry

BCMEA Elects New Leadership for 2025-26 Term

Dhaka: Moynul Islam has been elected as President of the Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA), with Md. Mamunur Rashid as its Senior Vice President and Irfan Uddin as General Secretary for the 2025-2026 biannual term.

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NBR Exempts VAT on Essentials for Ramadan

Dhaka: The National Board of Revenue (NBR) has exempted value added tax (VAT) on several essentials to keep commodity prices stable during the holy month of Ramadan. To this end, the revenue authority today issued an order.

According to Bangladesh S…

Price Fall in Large-Cap Drives Stocks Down

Dhaka: Stocks today continued its losing streak for a third consecutive session as investors remained cautious, awaiting greater clarity on potential changes to margin rules and assessing their possible impact on market liquidity and trading activity….

Govt Sets Maximum Storage Price for Potatoes at Tk 6.75 Per Kg

Dhaka: The government has announced a maximum storage price of Taka 6.75 per kilogram for potatoes in cold storages across the country. This decision aims to regulate and standardize the cost associated with preserving potatoes, an essential staple in…

Committee Recommends Closure of Four Ports

Dhaka: A committee of the Ministry of Shipping has recommended the complete closure of three non-profitable and inactive ports and the closure of operational activities of another port under the Bangladesh Land Ports Authority.

According to Banglade…

Remittance Inflow Surges by 25% in February

Dhaka: Expatriate Bangladeshis sent US$2,528 million in remittances in February, marking an increase of approximately 25 percent compared to the same month the previous year. The remittances sent by wage earners in February 2024 amounted to $2,022 mil…