THE bureaucratic system is plagued with excessive red tape, which manifests through ineffective procedures and corruption, resulting in overspending on civil service that ultimately limits economic performance. Overlapping regulations and insufficient coordination between government bodies make the process to complete business registrations...
The Chattogram Customs House authorities on Monday announced the auction of 44 vehicles, including 24 luxury cars imported under a duty-free privilege for lawmakers during the ousted Awami League regime...
The Chattogram Customs House is set to auction nearly 100 vehicles, including 31 luxury Land Cruiser cars imported under a duty-free privilege for former members of parliament during the ousted Awami League regime...
The Bangladesh Bank on Thursday reduced the letter of credit (LC) margin for importing luxury cars to 50 per cent from the previous 100 per cent and removed LC margin limits for environment-friendly vehicles...
The Bangladesh Bridge Authority has planned to lease out a luxury guest house to international hotel management companies in a desperate bid to reduce the loss incurred from the operation of the newly built tunnel under the River Karnaphuli in Chattogram...
German luxury carmaker BMW said Thursday it aimed to mass produce its first hydrogen-powered car in 2028, using fuel cell technology jointly developed with Japan鈥檚 Toyota...