Dhaka, Thursday, 18 July 2019

Default loan causes high interest rate

      Staff Correspondent : The high interest rate remains in the banking sector due to the default loan, said Toufic Ahmad Choudhury, former director general of Bangladesh Institute of Bank Management ...

2019-07-16 | More

BGMEA suspends UD of 51 factories

      Staff Correspondent : Bangladesh Garment Manufacturers and Exporters Association has temporarily stopped issuing utility declaration to 51 of its member factories for non-compliance.      

2019-07-16 | More

Experts warns— ‘adapt or die’ By 2030 robot to devour 60% RMG job

      Special Correspondent : The apparel world is experiencing an unprecedented acceleration in technological advancement and implementation. Basically, automation is the use of control systems such as computers to control the industrial ...

2019-07-16 | More

Adidas to begin next phase towards plastic free oceans

      Apparel Desk : In fight for the oceans against marine plastic pollution, Adidas is upping the pace of change with the return of Run For The Oceans 2019 on June ...

2019-07-02 | More

Expatriates to get 2% incentive on remittance, insurance facility

      Staff Correspondent : The government is going to provide 2% incentive on money remitted by expatriate Bangladeshis from the FY2019-20 onwards. Prime Minister Sheikh Hasina, while presenting the budget on ...

2019-07-02 | More

RMG sector maintains in positive trend

      Staff Correspondent : On the back of value-added products, government policy support, capacity enhancement and completion of 95 per cent factory remediation work set by the Accord and Alliance, the ...

2019-07-02 | More

Faster and Cheaper Digital Printing Shakes Up the T-shirt Business

      Apparel Desk : Kid Dangerous used digital printers to produce a merchandise line called the Let Love Collection for the performer Common. For many T-shirt companies, business once solely revolved ...

2019-07-02 | More

Sustainability progress in fashion slowed by one third

Apparel Desk : The pace of sustainability progress in fashion industry has slowed by a third in the past year, says the 2019 update of Pulse of the Fashion Industry, an ...

2019-07-02 | More

Businessmen want not to be harassed by VAT collectors

      Special Correspondent : Businessmen demanded the National Board of Revenue officers to stop harassing them in the name of value-added tax collection. The harassment needs to stop as the Prime Minister ...

2019-07-02 | More

Huge Chinese investment coming to Bangladesh

      Special Correspondent : Chinese textile and garment industry owners are now focusing to Bangladesh to shift their factories after heavily investing in neighbouring Vietnam and Cambodia in the last two decades. Many ...

2019-06-30 | More

Huge Chinese investment coming to Bangladesh

      Special Correspondent : Chinese textile and garment industry owners are now focusing to Bangladesh to shift their factories after heavily investing in neighbouring Vietnam and Cambodia in the last two decades. Many ...

2019-06-30 | More

Buying Houses asked to get registered with DoT

      Staff Reporter : The government has recently directed all the buying houses in the garment and textile sector in Bangladesh to get registered with the Department of Textiles to run ...

2019-06-23 | More

8.2 % GDP growth projected

      Staff Reporter : Finance Minister AHM Mustafa Kamal, in his budget speech, has projected the Gross Domestic Product (GDP) growth rate at 8.2 per cent in the proposed national budget ...

2019-06-23 | More

Tax holiday for industries to be extended to 2024

      Staff Reporter : Finance minister Mustafa Kamal on 13 June proposed extending tax holiday for the industrial and infrastructure sectors to June 30, 2024 from the existing June 30, 2019. He ...

2019-06-23 | More

Online shopping getting costlier for VAT

Staff Reporter : Amid growing popularity, online shopping is getting costlier soon for the proposed value added tax (VAT) imposed on it in the budget for fiscal 2019-20.

2019-06-23 | More

2pc incentive for remittance receipts

      Staff Reporter : The government has proposed an allocation of Tk 3,060 crore in the budget for the next fiscal year of 2019-20 to provide two per cent incentive for ...

2019-06-23 | More

BGAPMEA seeks 10-12 percent corporate tax

      Staff Correspondent : The Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association demanded reduction of corporate tax to 10-12 per cent from the proposed 35 per cent to ensure growth ...

2019-06-23 | More

Govt’s bank borrowing to deter cash flow to the private sector

Staff Correspondent : The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to explore all sources other than banks to finance the budget deficit in the next ...

2019-06-23 | More
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