Economy

BGMEA seeks AAFA support in responsible purchasing practice

Shawdesh desk: The Bangladesh Garment Manufacturers and Exporters Association has written to the president and CEO of American Apparel and Footwear Association, Stephen Lamar, seeking support in terms of responsible

Huge potential, largely untapped

Shawdesh desk: The country is failing to exploit the huge potential of increasing its share in the global market for ceramic products due to ‘incoherent’ fiscal laws and practices, inconsistent

Qatar announces 27-year gas deal with Italy’s Eni

Shawdesh Desk: Qatar has agreed to supply Italian firm Eni with natural gas for 27 years, the Gulf emirate’s state-owned energy company announced Monday, the latest in a series of

Markets fall again and oil rises on Middle East, Fed fears

Shawdesh desk: Asian markets fell and oil prices extended gains Friday on worries that an expected ground invasion of Gaza by Israel will spark a wider conflict in the Middle

Gold price over Tk 1 lakh a bhori again

shawdesh desk: People once again will have to buy gold jewellery by paying over Tk 1 lakh per bhori from tomorrow as Bangladesh Jewellers Association (Bajus) decided to hike rate

No tax fair, NBR to hold tax support service to ease returns submission

Shawdesh desk: There will not be a tax fair this year. Instead, the National Board of Revenue (NBR) will organize a nationwide special support service at tax zone office premises

Corruption cuts tax-GDP ratio in Bangladesh

Shawdesh desk: The country’s tax-to-GDP ratio fell sharply in the past decade as revenue generation could not keep pace with average economic growth of six per cent. Economists blamed the

CPD suggests starting salary of Tk 17,568 for apparel industries

Shawdesh Desk: The Centre for Policy Dialogue on Sunday, based on research of living expenses, recommended minimum wage of Tk 17,568, at the entry level, for export-oriented apparel industries. Currently, the