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Day: June 17, 2026

BEELIA Demands Reclassification of Elevators as Capital Machinery and Rationalization of Duties.

BEELIA Demands Reclassification of Elevators as Capital Machinery and Rationalization of Duties.

Breaking News, Business
The Bangladesh Elevator, Escalator and Lift Importers Association (BEELIA) has called upon the government to reclassify elevators and escalators as Capital Machinery and rationalize the existing duty structure to ensure sustainable growth of the country’s housing, industrial, and infrastructure sectors. On June 17, 2026 Speaking at a press conference held in the Dhaka Reporters Unity (DRU) today, BEELIA President Md. Shafiul Alam Uzzwal stated that elevators are no longer luxury items in the context of modern urbanization, high-rise construction, industrialization, and inclusive infrastructure development. Rather, they are essential capital equipment that support economic growth and public accessibility. He noted that elevators were removed from the Capital Machinery category in 2023...
Proposed Budget Risks Cheaper Tobacco and Missed Revenue Gains

Proposed Budget Risks Cheaper Tobacco and Missed Revenue Gains

Breaking News, NGO News
The proposed national budget for FY 2026–27 fails to introduce a tobacco tax and price structure capable of achieving the twin objectives of protecting public health and increasing government revenue, experts said at a press conference on Wednesday. They warned that the marginal increase in the price of low-tier cigarettes and the unchanged prices and tax rates on bidis, zarda and gul would effectively reduce the real prices of these products, making tobacco products more affordable and encouraging greater tobacco use, particularly among young people and low-income groups. The observations were made at a post-budget press conference organized by Dhaka Ahsania Mission at the National Press Club following the announcement of the national budget for FY 2026–27. The event was addresse...
Daraz Reaffirms Its Commitment to Bangladesh

Daraz Reaffirms Its Commitment to Bangladesh

Breaking News, Business
Daraz Bangladesh has reaffirmed its long-term commitment to the country, stating that it continues to operate normally and remains focused on sustainable growth in the Bangladesh market, following recent media reports regarding its investment and operational outlook. The company said such characterizations do not reflect its actual strategic priorities or day-to-day operations and sought to provide clarity on its market commitment. Daraz continues to invest in technology-driven solutions to improve operational efficiency and customer experience, with a focus on building a scalable and sustainable digital commerce operation across Bangladesh. Last year alone, the platform has onboarded more than 7,000 new sellers, demonstrating continued growth of its ecosystem and its commitment t...
Present Government Will Ensure Scientifically Sustainable Utilization of the Country’s Immense Marine Resources

Present Government Will Ensure Scientifically Sustainable Utilization of the Country’s Immense Marine Resources

Breaking News, National
Minister for Science and Technology, Faqir Mahbub Anam MP, stated on June 16, 2026 that the present government is committed to ensuring the scientifically sustainable utilization of the country's immense and promising marine resources. He remarked, "Under the visionary leadership of Prime Minister Tarique Rahman, we are firmly dedicated to implementing all action plans regarding the Blue Economy as outlined in our election manifesto. To achieve economic growth, employment generation, food security, and climate resilience, absolute priority will be given to marine resource management, development of ocean-based industrial technology, biodiversity protection, marine environmental conservation, improving the living standards of coastal communities, and fostering research and innovation." ​...
Cultural Affairs Minister and Minister of State Visit Kabi Nazrul Institute

Cultural Affairs Minister and Minister of State Visit Kabi Nazrul Institute

Breaking News, Education
on 16 June 2026 the Minister for Cultural Affairs, Mr. Nitai Roy Chowdhury, and the State Minister for Cultural Affairs Mr. Ali Newaz Mahmud Khaiyam visited the Kabi Nazrul Institute in Dhaka. They were accompanied by the Secretary of the Ministry Kaniz Moula and senior officials. Upon their arrival, they were warmly greeted with floral bouquets by the officials of the Kabi Nazrul Institute. During the visit, they inspected the institute’s library, various departments, and both the old and newly constructed buildings, while closely reviewing the institute’s overall activities and the literary and memorial collections dedicated to the National Poet. Following the inspection, Minister Nitai Roy Chowdhury joined a meeting with the institute’s officials as the Chief Guest and delivered importa...