Business-Economy

Prices of fridge, AC, motorbike may go up

TDS Desk: Producers of fridges, freezers, air conditioners and motorbikes will have to pay 20% corporate tax, double the existing rate, from July 1, a government notification said Wednesday. The

Govt to reduce its ownership in Grameen Bank from 25% to 5%

TDS Desk: The government has already drafted an amendment to the Grameen Bank Act, 2013 to implement the changes. The draft has been published on the website of the Financial

Brazil keen on new investments in Bangladesh: Ambassador Fernando

TDS Desk: Speaking at a press conference at a Dhaka hotel Wednesday (8 January), the ambassador also expressed hope that import-related issues between both countries will be resolved soon. “It

Surpass production of onion leads to price fall

TDS Desk: Price of the newly harvested onion has declined significantly after the farmers and traders had secured higher prices of the essential spice item in the country throughout the

Defaulted loans may exceed Tk6 lakh cr

TDS Desk: Bangladesh Bank spokesperson Husne Ara Shikha has said “Previously, data on defaulted loans was concealed. Now, we are making an effort to disclose all information publicly. Currently, it

Another forex volatility feared

TDS Desk: Repeated moves by the central bank to rein in foreign currency market manipulators has failed to provide adequate relief over the course of history, and the moves taken