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Govt should overhaul power, energy sector policies

THE misuse of three special energy funds — set up with money set aside from gas and electricity sales every month to reduce power and energy sector expenses by investing in least cost power production, natural gas exploration and production and energy efficiency — tells how the Awami League government, toppled in a mass uprising in August 2024, breached laws...

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BGMEA administrator’s tenure extended

The Ministry of Commerce has extended the tenure of Md Anwar Hossain, vice chairman of the Export Promotion Bureau, as the administrator of the Bangladesh Garment Manufacturers and Exporters Association for an additional four months...

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DTG 2025 begins Feb 20

The 19th edition of ‘Dhaka International Textile and Garment Machinery Exhibition’ or DTG is going to start on February 20, said a press release signed by BTMA secretary general Brigadier General Md Zakir Hossain...

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Corruption increased in last year of AL regime

Transparency International in its Corruption Perception Index 2024 indicated that corruption was increasing in Bangladesh as the country slipped two steps in its global Corruption Perception Index to 151, jointly with Congo and Iran.

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Workers protest for pay hike at Chattogram EPZ

The workers of Pacific Casuals Limited staged a demonstration for an increase in food and medical allowances in the Chattogram Export Processing Zone in the district on Monday...

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Returned migrants issue 10-day ultimatum

Expatriate workers who were sent back from different countries, including the United Arab Emirates, for supporting the Students’ Movement Against Discrimination in the July-August uprising suspended their protest with a 10-day ultimatum on Monday...

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KEPZ secures land mutation documents

The Korean Export Processing Zone has finally obtained its mutation documents from the government, paving the path for increased foreign investment...

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DSE demotes 4 cos to junk category

The Dhaka Stock Exchange on Monday downgraded four companies to ‘Z’ category due to non-compliance with securities laws...

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Budget FY26: NBR asks for tax proposals from businesses

The National Board of Revenue has asked for proposals and recommendations from chambers and trade bodies to improve tax regulations, including Value-Added Tax, for the upcoming financial year 2025-26 budget...

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Time to dismantle the Awami cult

THE Bangladesh Awami League, once an authoritarian political power, has been on many counts can be termed as no less than an anti-state organisation. Their regime was characterised by judicial murder, mass corruption, sexual violence, and the misuse of state forces against the people. Their crimes did not stop after the Awami League government was deposed...

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US TARIFF ON CANADA, MEXICO, CHINA: A window of opportunity for Bangladesh

THE United States has implemented a series of executive order tariffs, effective from February 4, on key trading partners, including Canada, Mexico and China, as part of its broader trade policy agenda. Additional 25 per cent tariffs on Canadian and Mexican imports, whereas 10 per cent tariffs on Chinese goods are also imposed by US president Donald Trump. The orders...

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WB prefers new tax measure only thru budget

Visiting World Bank vice-president Martin Raiser on Sunday said that the imposition of any new tax measure or tax expenditure should be made through the national budget...

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Body on pry edn to submit report to CA today

The consultation committee on quality improvement of primary and non-formal education is scheduled to submit its report to the chief adviser today with its major recommendation that education till Class XII should be made universal...

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Two more RMG units get LEED certification

Two more readymade garment factory units in Bangladesh have gained the United States Green Building Council’s Leadership in Energy and Environmental Design certificates, according to the Bangladesh Garment Manufacturers and Exporters Association...

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BKMEA polls on May 10

The Bangladesh Knitwear Manufacturers and Exporters Association have announced the election schedule for its board of directors and office bearers for the 2025-2027 terms...

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Southeast Bank approves Tk 1,000 crore bond

Southeast Bank Limited has announced the issuance of a fully redeemable, non-convertible, unsecured, floating-rate subordinated bond as part of its efforts to enhance the bank’s Tier-II capital...

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Nine new tax zones to be set up

The government has given approval to set up nine new tax zones in different parts of the country, aiming to improve revenue collection...

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PMI records expansion in January

The January reading of the Bangladesh Purchasing Managers’ Index has increased by 4 points from the previous month to record a faster expansion rate at 65.7...

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NBR imposes 25pc RD on rice bran oil export

The National Board of Revenue has imposed a fresh 25 per cent regulatory duty on the export of crude and refined rice bran oil to increase domestic supply and keep the prices stable...