Business-Economy

Govt to increase VAT on restaurants, hotels, clothing

VAT to increase from 5% to 7.5% for restaurants 7.5% to 15% for non-AC hotels 7.5% to 15% for branded and non-branded clothing items TDS Desk: The National Board of

Strengthen export base with more investment: Yunus to entrepreneurs

UNB, Dhaka Chief Adviser Prof Muhammad Yunus on Wednesday urged the country’s business community and entrepreneurs to come forward to strengthen its export base with more investment in the services

Cenbank introduces forex intervention strategy, eyes greater exchange rate flexibility

TDS Desk A senior central bank official said that the band for the Taka-USD exchange rate will be recalibrated daily to maintain stability and support the evolving financial system The

Ctg port makes a new record in container handling

Staff Correspondent, Ctg Chattogram Port made a new record in container handling last year despite global crises and political unrest. The port handled 32.67 lakh TEUs (twenty-foot equivalent units) of

Prices of diesel, kerosene drop by Tk1 per litre

Staff Correspondent The government has reduced the prices of diesel and kerosene by Tk1 to Tk104 per litre with effect from 1 January. A gazette notification was issued by the

10 banks on the brink of sinking, 10 business groups face the heat

► Media trials underway to destroy banks and industries ► No proper initiatives for recovering bad loans TDS Desk: Ten banks in the country are facing a severe crisis, driven