Walton signs MoU with South Korea's HAAN to develop new, innovative appliances
United News of Bangladesh » Business
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1y ago
Walton has signed a memorandum of understanding (MoU) with South Korea-based HAAN Easy Life to develop new and innovative appliances and expand its global market presence. Also, Walton and HAAN will ..read more
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5 per cent cut in import VAT on edible oil to continue till December
United News of Bangladesh » Business
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1y ago
The government on Thursday extended the reduced 5 per cent value-added tax (VAT) on edible oil until December 31, 2022. The extension will be effective from the date of the earlier notice in this reg ..read more
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Remittance fell in Sep due to exchange rate volatility: Bangladesh Bank
United News of Bangladesh » Business
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1y ago
Bangladesh Bank spokesperson Md. Serajul Islam on Tuesday blamed the extreme volatility in the forex market in recent months on the global strength of the dollar against almost all currencies.  “N ..read more
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Inflation in Bangladesh: 9.5% in Aug, highest in 12 years
United News of Bangladesh » Business
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1y ago
Bangladesh witnessed a record 9.5 percent inflation in August, the highest in 12 years, due to adverse effects of fuel price hike, said Bangladesh Bureau of Statistics (BBS).  However, despite recor ..read more
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Walton launches 1st smartphone of its new series 'Orbit'
United News of Bangladesh » Business
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1y ago
Walton has launched the first smartphone of its new series 'Orbit' in the market. Modeled as 'Orbit Y50', the newly released smartphone is equipped with many amazing specs including HD plus large scr ..read more
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ASYCUDA upgrade: Chattogram Customs faces 12-hour suspension of activities October 14
United News of Bangladesh » Business
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1y ago
The Chattogram Customs House will see a 12-hour suspension of all activities, including taxation,  from October 14 night to October 15 morning due to an upgrade in its customs management system – A ..read more
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Hilsa export to India: Bangladesh earned $1.36cr this year so far
United News of Bangladesh » Business
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1y ago
Bangladesh government has earned 1.36 crore US dollars from exporting 1,352 tonnes of hilsa fish to India this year so far, Fisheries and Livestock Minister SM Rezaul Karim said today. Hilsa producti ..read more
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Forex market may be more volatile unless reforms are done
United News of Bangladesh » Business
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1y ago
Recent fall in inward remittances, earnings from exports, and a looming global recession are all signalling that the external account crisis will be prolonged further, they say. They projected that a ..read more
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Palm oil price down by Tk 8 per litre, sugar price up Tk 6 per kg
United News of Bangladesh » Business
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1y ago
The Commerce Ministry has set the price of packed sugar at Tk 95 per kg, loose sugar at Tk 90, and palm oil at Tk 125 per litre. The ministry on Thursday issued a notification in this regard as per t ..read more
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Project CREATE launched to make RMG industry's transition into circular economy easier
United News of Bangladesh » Business
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1y ago
Circular Economy in Bangladesh's Apparel Industry (CREATE)" project was launched Thursday to investigate the circular economy transition in global apparel value chains linked with Bangladesh's apparel ..read more
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