Instability in tax policies deter FDI: FICCI
Instability in government policies and taxes discourages foreign investment in Bangladesh, according to the Foreign Investors Chamber of Commerce and Industry...
Tags : industry
Justified govt spending needed to reduce tax burden on people: MCCI
The government should ensure that its project expenditures are justified and beneficial to the economy, which will help reduce the tax burden on people, according to the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI)...
FICCI for allocation for tax, VAT system automation
The Foreign Investors Chamber of Commerce and Industry has expressed concerns over lack of allocation or specific directions for the automation of tax, value-added tax and customs administration in the proposed budget for the 2024-25 financial year...
Role of cottage industries stressed in dev of tourism
A seminar on 鈥業mportance of Small and Cottage Industries in the Development of Tourism Industry of Bangladesh鈥� was held at Shailprapat Auditorium at Tourism Bhaban at Agargaon in the capital on Wednesday...
Doyen of Bangladesh newspapers
JUNE 6 is a special day of remembrance, especially within the Bangladesh newspaper industry...
FBCCI calls on businesses to prevent substandard fire safety tools supply
The country鈥檚 apex trade body Federation of Bangladesh Chambers of Commerce and Industry on Sunday urged businesses to prevent and regulate the supply of substandard fire safety equipment on the market聽to ensure safety of residential, commercial and industrial establishments...
DCCI urges UK to import more from Bangladesh
Dhaka Chamber of Commerce and Industry on Sunday urged the United Kingdom to import more from Bangladesh...
Business environment decline warrants corrective efforts
A DECLINE in business environment, as the Bangladesh Business Climate Index 2023鈥�2024 launched on May 30 shows, caused by the required reforms yet to be done, pressure from tax authorities and increasing interest rates is worrying. The index that the Metropolitan Chamber of Commerce and Industry, Dhaka and...
Bangladesh business climate deteriorates
Bangladesh鈥檚 business environment deteriorated in the financial year 2023-24 compared with that in the FY 2022-23 due mainly to lack of necessary reforms, increasing pressure from tax authorities, rising interest rate and impact of the Russia-Ukraine war, according to a report released by the Metropolitan Chamber of Commerce and Industry, Dhaka...
Bangladesh working for sustainable dev of ship recycling industry: Humayun
Industries minister Nurul Majid Mahmud Humayun on Thursday said Bangladesh was working for sustainable development of the ship-recycling industry as per the Hong Kong ship recycling convention...
Saudi fund launches new group to boost space industry
Saudi Arabia鈥檚 Public Investment Fund on Monday launched the Neo Space Group to work on the kingdom鈥檚 nascent satellite and space industry, its first investment in the sector...
Industry leaders underscore prospects in heavy industry
Industry leaders have underscored Bangladesh鈥檚 critical challenges and promising prospects in the steel, cement, and energy sectors at the 4th International Trade Summit, themed Sustainable Future, held at Dhaka鈥檚 Pan Pacific Sonargaon recently...
FBCCI eager to boost trade with Russia
The Federation of Bangladesh Chambers of Commerce and Industry has expressed its eagerness in enhancing trade and business ties between Bangladesh and Russia...
Modern technologies in legal industry
WE ARE living in a digital age where artificial intelligence emerges as the most hyped of all. AI creates an illusion that it is human parallel intelligence, although it is not in fact. The OECD defines AI as a machine-based system that has limited autonomy to make some decisions...
Businesses urge BB not to change policy frequently
Business leaders on Thursday said that frequent policy changes by the central bank hampered their business and they called for long-term stable policies to ensure smooth business operations...
Factory owners asked to pay wages, festival allowances before Eid
The government on Wednesday asked all factory owners, including readymade garment industry, to ensure timely payment of wages and festival allowances to workers ahead of the Eid-ul-Azha holiday...
Semiconductor sector can be $10b industry by 2041: Palak
State minister for posts, telecommunications and information technology Zunaid Ahmed Palak on Wednesday said that if the right policy support was given to the semiconductor sector, it would be possible to earn at least $10 billion from exporting...
S Korea to set up $7-b aid package for chip industry
South Korea will set up an aid package worth more than $7 billion to support its chip industry, the finance ministry said Sunday, as part of its drive to boost its critical semiconductor sector...
Apr purchasing managers鈥� index sees fall: MCCI
The April reading of the Bangladesh Purchasing Managers鈥� Index, prepared by the Metropolitan Chamber of Commerce and Industry in partnership with Policy Exchange Bangladesh, declined by 2.1 points to 62.2 against the PMI value 64.3 in March...
BGMEA seeks BCCCI coop to narrow trade gap with China
President of the Bangladesh Garment Manufacturers and Exporters Association SM Mannan (Kochi has underscored the importance of increased investment from China and bolstered exports to the Chinese market in narrowing the trade gap between the two countries...
FBCCI seeks 2 EZs dedicated to fisheries for export
Business leaders of the Federation of Bangladesh Chamber of Commerce and Industry on Monday said that there was huge potential for foreign exchange earnings by exporting shrimp, crab, freshwater fish, marine fish and other fish...
BCSIR holds stakeholder workshop-2024
The Bangladesh Council of Scientific and Industry Research organised a stake-holder workshop on 鈥楾he Role of Energy Research for ensuring Socio-Economic development in building Smart Bangladesh鈥� in Dhaka on Monday...
FBCCI urges for govt policy to facilitate backward linkage industries
The Federation of Bangladesh Chamber of Commerce and Industry, the apex trade body representing the business community, has urged the government to enhance facilities for backward linkage industries, particularly related with the agriculture, leather and RMG sectors...
Bangladesh banking, revenue sectors need better governance
Asian Development Bank country director for Bangladesh Edimon Ginting on Monday underscored the need for improved governance in the country鈥檚 banking and revenue sector to keep the economy healthy and strong...
Mired in crisis, Boeing reports another loss
Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries.
FBCCI, QCCI sign deal to establish joint business council
The Federation of Bangladesh Chambers of Commerce and Industry and the Qatar Chamber of Commerce and Industry on Tuesday signed an agreement to establish a joint business council for strengthening the economic ties and closer cooperation between Bangladesh and Qatar...
CIS-BCCI urge to ensure smooth business transactions with CIS countries
The Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry on Tuesday urged the government to take proactive measures to address the obstacles hindering business transactions between Bangladesh and CIS countries...
Former DCCI president Rashed dies
Former Dhaka Chamber of Commerce and Industry president Rashed Maksud Khan died on Saturday at the Combined Military Hospital, Dhaka while undergoing treatment...
Month-long women鈥檚 SME expo begins in Ctg today
Month-long 14th International Women鈥檚 SME Expo-2024 will begin at the port city鈥檚 Railway Pologround today...
Bangladesh needs to develop MMF-based garments: study
Bangladesh should develop manmade fibre-based value chain and produce new product categories to gain the global market share as the exports of such apparel would increase to 60 per cent by 2030 from the existing 50 per cent in the world, according to a study...
