Economy

BPDB seeks tax waiver on electricity sales

Shawdesh dEsk: Power Division has sought waiver of around Tk 24 billion outstanding tax at source annually on electricity sales. Bangladesh Power Development Board (BPDB) is supposed to pay the

Agora super shop fined Tk 50,000

Shawdesh DesK: Bangladesh Standards and Testing Institution (BSTI) has fined Agora super shop Tk 50,000 for selling dry fish without mandatory wrapping certificate. A mobile court led by BSTI executive

Many govt, private instts not paying holding tax

Shawdesh Desk: Many government and private institutions as well as some individuals have not been paying holding tax to Dhaka South City Corporation (DSCC) in the last two decades. As

Price of gold increases by Tk2,333 per bhori

Shawdesh Desk: Bangladesh Jewellers Samity (BAJUS) has decided to increase gold prices by Tk2,333 per bhori in the local market to be effective from today (Saturday). BAJUS made the information

Bangladesh Bank announces 4 pc export subsidy on bicycle, cement sheet, and MS steel

Shawdesh desk: Bangladesh Bank has announced 4 per cent cash subsidy on exporting cement sheet, bicycle and its parts, MS steel and tea to encourage exporters. The exporters of Specialized

Tesla share price falls after Elon Musk’s Twitter poll

Shawdesh desK: Tesla shares have fallen by 4.9% after Twitter users voted in favour of boss Elon Musk selling 10% of his stake in the carmaker in order to pay

Bad loans bite Bangladesh banks hard

Shawdesh Desk: In any country, a safe and sound banking system is the sine qua non of a strong economy. By channelising funds from savers to borrowers, banks help keep

Attempts on Life of Bashundhara MD: Barishal, Laxmipur businesses express concern

Shawdesh DEsk: Business leaders in Barishal have expressed deep concern over the multiple attempts to assassinate Sayem Sobhan Anvir, Managing Director (MD) of the country’s largest business conglomerate Bashundhara Group