Business-Economy

Govt eyes to overcome losses of Karnaphuli Tunnel

Ctg Correspondent The Karnaphuli Tunnel, constructed beneath the River Karnaphuli in Chattogram, is facing significant financial losses due to lower-than-projected traffic volumes. To mitigate these losses, the interim government is

Govt increases VAT, SD on over 100 products, services

TDS Desk The government has increased the value added tax (VAT) and supplementary duty (SD) on over 100 products and services in the second half of FY25, with concerns mounting

Crises hamper agarwood perfume industry’s potentials

TDS Desk: Rows of agar trees line on both sides of the rural roads in Barlekha upazila of Moulvibazar. The fragrance of agar and attar fills the air as most

Investors adopting ‘wait-and-see’ policy as Jul-Sep proposals fall

TDS Desk: Investment proposals fell nearly 72% in the July-September quarter from the previous three-month period, thanks to the July-August political upheaval and subsequent uncertainty over the new government’s economic

DCCI raises alarms over VAT and gas price hikes

TDS Desk: The Dhaka Chamber of Commerce & Industry (DCCI) has raised serious concerns over proposed hikes in industrial gas prices and VAT, warning they could disrupt business, deter investment

Savings certificate interest rates rising from Jan 1 last

TDS Desk: The interim government is set to hike the interest rates for savings certificates effective from January 1 last, with increases of at least one percentage point. Investors with