UK to announce significant hike in visa sponsorship fees
UK to announce significant hike in visa sponsorship fees

The UK Home Office is planning substantial increases in fees for immigration services, including the cost of issuing Certificates of Sponsorship (CoS), a requirement for hiring foreign workers on Skilled Worker visas. Currently, UK employers must provide a CoS for each overseas worker they hire....

Business owners push to close businesses due to rising costs
Business owners push to close businesses due to rising costs

Business owners are dealing with the burden of higher operating costs. High inflation and reduced purchasing power have caused a decline in the sales of goods and services, creating conflicting challenges for them. As a result, they are not inclined to make new investments. Instead, they are...

Hurdles facing investment in telecom sector
Hurdles facing investment in telecom sector

The Telecommunications sector of Bangladesh is at a crossroads, facing significant hurdles that demand immediate attention. The sector faces numerous obstacles deterring investment, according to industry experts, the challenges include fragmented licensing frameworks, restrictive regulations,...

Vietnam to end  tax exemption on low-cost imports starting February
Vietnam to end tax exemption on low-cost imports starting February

Vietnam will end its tax exemption on low-value imported goods, starting February 18, in a move that aims to regulate e-commerce and boost local consumption. This change, outlined in Decision 01 by Deputy Prime Minister Ho Duc Phoc, impacts goods valued below VND 1 million (approximately $39.3),...

Middle class caught in inflation trap
Middle class caught in inflation trap

Food inflation in Bangladesh reached 13.80% last November, according to the Bureau of Statistics (BBS). This implies consumers spent Tk 113.80 on food that cost Tk 100 the previous year, an average increase of Tk 14. However, Saidul Alam, a private company employee from Rupnagar in the capital,...

Tk7,000cr cost reduced in MRT-5 project
Tk7,000cr cost reduced in MRT-5 project

The cost of the 17.20 km metro rail MRT-5 (Gabtoli-Dasherkandi) Southern Route project saw a sharp 15 percent reduction in cost following a recent review, indicating the potential of savings that can be achieved through reassessments of mega projects, initiated by the previous government, reports...

29 children may be sentenced to death in Nigeria
29 children may be sentenced to death in Nigeria

A number of twenty-nine Nigerian children could be facing the death penalty as they were arraigned Friday for participating in a protest against the countrys record cost-of-living crisis, reports AP. Four of them collapsed in court due to exhaustion before they could enter a plea. 76...