NBR’s struggle to collect VAT from retails continuing for years
On April 5, the revenue authorities held a draw of the lottery of sales receipts issued by the stores using electronic fiscal devices (EFDs).
Accelerate use of EFDs, ramp up monitoring
The National Board of Revenue should accelerate the use of electronic fiscal devices (EFDs) and ramp up monitoring to eliminate non-compliance with a view to raising more value-added taxes using technologies, said former top taxmen and economists.
Mobile subscribers up in April, internet users drop
The number of mobile network subscribers in Bangladesh rose for three consecutive months to reach an all-time high in April while internet usage slipped that same month.
Monthly mobile data usage doubles since Covid
The monthly internet usage of mobile subscribers has more than doubled ever since the coronavirus pandemic began as more people are being pushed online for work and entertainment purposes.
"Tourism in Bangladesh won't succeed until people change mindset"
Top officials of the government at a workshop today said the government couldn’t provide proper policy support to encash the huge prospect of the country's tourism sector.
High time to invest in Bangladesh: Tipu Munshi to Nordic countries
Commerce Minister Tipu Munshi today highlighted the investment opportunities in Bangladesh before the representatives of Nordic countries and said this is the high time to invest in the south Asian nation.
South Korean HKD Group to invest $35 million in Bepza economic zone
South Korean company HKD Bangladesh Ltd is going to establish an industry to manufacture tent, tent accessories, camping furniture and camping equipment in Bepza Economic Zone.
48% mobile phone customers in Bangladesh have a smartphone
Smartphone penetration in Bangladesh is fast approaching 50 per cent as the coronavirus pandemic has accelerated the adoption of digital technologies to work, study and find entertainment using smart devices.
Samsung Group commits $356b in investments
South Korean conglomerate Samsung Group on Tuesday unveiled a massive 450 trillion won ($356 billion) investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.
Tourism needs proper planning
Proper planning for the tourism sector’s development has become imperative as Sustainable Development Goals (SDGs) cannot be achieved by 2030 if tourism does not flourish in Bangladesh, said speakers at a meeting yesterday.