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Bank owners agree, yet air worry

Key shareholders of commercial banks agree in principle on proposed mergers and acquisitions for bail-in of weak banks under government's decisive financial-sector reform recipe, but on a note of concern.The latest developments on Bangladesh's banking front came when the owners of bank Monday met with Bangladesh Bank governor Abdur Rouf...

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Agencies seal 23 restaurants after deadly fire

Government agencies concerned have launched crackdown on non-compliant buildings and restaurants, following the tragic fire at Green Cozy Cottage on Bailey Road in Dhaka.On Monday, the Dhaka South City Corporation (DSCC) sealed off a multi-storied 'Keari Crescent Plaza' at Jigatola due to non-compliance with fire-safety regulations.The 15-storey building housed eleven...

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Fund team straight starts training taxmen

An International Monetary Fund (IMF) team starts providing technical support to taxmen from today (Tuesday) to help develop their capacity on tax-expenditure analysis to measure the forgone domestic revenues through various incentives to businesses.A team of the IMF will hold a seven-day training session for 20 select income-tax officials to...

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How inflation can now be main concern?

Inflation cannot be the main concern now when 10 million people are given foodstuff at cheap rates, says Finance Minister Abul Hassan Mahmood Ali as price rises widely grab talk time. "Only inflation has become concern? Not anything else? How inflation can be main concern? The minister said in reply...

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Prayer Timings (2024-03-05)

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Briefing 2024-03-05

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