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Startups alowed to now invest abroad up to $10,000

Startups alowed to now invest abroad up to $10,000

Business desk: Bangladesh Bank has allowed startups to establish legal entities abroad with an amount up to US$10,000 or equivalent. “Applicants are required to submit applications to the Authorized Dealers (ADS), after effecting remittances...

Green Delta Ins declares 25pc cash dividend

Green Delta Ins declares 25pc cash dividend

Business Desk: Green Delta Insurance PLC has announced a 25 per cent cash dividend for its shareholders for the financial year ending 31 December 2024. The declaration was made during the company’s 39th Annual...

MFS cashout limit now Tk 30,000

MFS cashout limit now Tk 30,000

Business Report : The Bangladesh Bank has increased transaction limits for mobile financial service (MFS) providers such as bKash, Rocket, and Nagad. The payment system department (PSD) of the central bank issued a circular...

Walton launches 13 new models of Hybrid Solar Solutions

Business Report : Walton has released 13 new models of Hybrid Solar Solutions that ensure environment-friendly, renewable and affordable power supply. These Walton Hybrid Solar Solutions save electricity cost and provide uninterrupted power backup...

NBR mulling tax  exemption policy

NBR mulling tax exemption policy

Business Report : The National Board of Revenue (NBR) is preparing a Tax Exemption Policy which is now at the final stage, said NBR Chairman Md Abdur Rahman Khan on Thursday. The decision to...