Tax cuts to cheer up apparel exporters The government is going to cut withholding tax and corporate tax for garment exporters in what can be viewed as yet another pullback by the revenue authority from its intent to collect higher tax from the sector. Last fiscal year, the sector earned
Read MoreTen cos raise Tk 4.67b through IPOs in eight months this year Ten companies raised an aggregate amount of Tk 4.67 billion through initial public offerings (IPOs) in the first eight months of this calendar year. Market operators said the fund raising through the IPOs is going to surge this
Read MoreTrade deficit widens further, crosses $18b in FY 18 The country’s trade gap widened further by 92.76 per cent in the just concluded fiscal year (FY18) due to higher import payments than lower export receipts. The trade gap with the rest of the world rose to $18.26 billion in the
Read MoreStocks end flat after bumpy ride on DSE The banking sector showed positive movement with 2.89 per cent increase while telecommunication posted the maximum negative movement with 2.68 per cent fall. Of the 30 listed banks, share prices of 25 closed higher, one ended lower while four remained unchanged over
Read MoreStocks barely gain for 2nd week riding on banking sector DSEX, the key index of Dhaka Stock Exchange, added 0.13 per cent or 7.21 points over the week to finish at 5,407.01 points on Thursday, the last trading session of the week after gaining 94.62 points in the previous week.
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