Trade misinvoicing persists in BD: GFI Continued mismatch or value gap in reported bilateral trade of Bangladesh with the rest of the world has indicated that trade misinvoicing is persisting there. The latest report of the Global Financial Integrity (GFI), a Washington-based research organisation, estimated the value gap of 135
Read MoreNBR agrees on tax sops The National Board of Revenue, or NBR, has reached a consensus over offering a string of tax incentives to promote long-term debt market in Bangladesh. The incentives include withdrawal of upfront tax on debt securities, tax at source on trading stage of such tools and
Read MoreNBR likely to slash tax exemptions in next budget The authorities are planning to scale back tax exemptions for sectors like ICT, power, charity and fisheries in the upcoming budget after flagrant abuse. The National Board of Revenue, or NBR, has uncovered the evidence of abuse in the blanket tax
Read MoreDhaka Bank gets new MD & CEO Dhaka Bank Limited recently promoted Mr. Emranul Huq as the Managing Director & CEO with effect from February 22, 2020. Prior to this role, he was serving the Bank as the Additional Managing Director & Chief Business Officer. Mr. Huq, has more than
Read MoreGSK Bangladesh ricochets to profits GlaxoSmithKline Bangladesh bounced back to profitability last year thanks to streamlining its business the previous year. The British multinational shuttered its 60-year-old pharmaceuticals business in Bangladesh in 2018. The pharmaceuticals unit, based in Chattogram, was incurring losses in the previous five years, much to the
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