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Samsung air conditioner manufacturing plant launched in Narsingdi 343 its Samsung air conditioner manufacturing plant at Shibpur in Narsigndi aiming at providing products at cheaper prices to domestic customers and earning foreign currencies by exporting the air conditioners. Division Zunaid Ahmed Palak today inaugurated the plant on Fair Electronics factory premises, said a press release. Chairman of the Parliamentary Standing Committee on Disaster Management and Relief Captain (Retd) AB Tajul Islam, Korean Ambassador Lee Jang-Keun, ICT Division Senior Secretary NM Zeaul Alam, Managing Direc...

Samsung to make another high-end device in Bangladesh plant Samsung's juggernaut in manufacturing the latest smartphones in Bangladesh continues as the South Korean tech giant has taken to assembling its flagship smart device Galaxy S21 Ultra 5G in its local plant. The handset, which was rolled out globally on January 14, would be the second 5G-enabled smartphone of Samsung assembled in Bangladesh. The first 5G smartphone was Note 20 Ultra 5G which hit markets last year. The devices work with the fifth-generation cellular network technology that gives users near-real-time interactivity, faste...

NBR eyes ensuring online submission of all VAT returns within 10 months

Accolades for VAT compliance Star Business Report Star Business Report The National Board of Revenue (NBR) yesterday honoured companies which deposited the highest amount of VAT paid by consumers to the state coffer in fiscal 2018-19 to recognise their exemplary compliance. Nine of the awardees topped the national roll while 131 were of their respective district, all listed under manufacturing, trade and service categories. "This is a moment to rejoice. We are thankful to you for honouring us," Rupali Chowdhury, managing director of Berger Paints Ba...