Industry

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….

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…

Sale of TCB Commodities Through Truck Sale to Begin Nationwide

Dhaka: Commerce Adviser Sk. Bashir Uddin announced that the sale of commodities by the state-run Trading Corporation of Bangladesh (TCB) through truck sales will commence on Wednesday across all 64 districts in the country. This initiative aims to ext…

Stocks Witness Flat on First Day of Ramadan

Dhaka: Stock markets today witnessed flat on the first day of Ramadan, snapping a six-day winning streak. The DSEX, the benchmark index of the country’s premier bourse Dhaka Stock Exchange (DSE), shed 10 points to close at 5,236.84 points. Due to redu…

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…