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State companies propose doubling gas price

The energy regulator has formally accepted the gas tariff hike proposals from the state-run gas companies for near doubling the rate for consumers except households.Bangladesh Energy Regulatory Commission (BERC) took into cognisance the tariff hike proposals after the initial scrutiny last week, said a senior commission official.The BERC has the...

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Historic May Day today (2018-05-01)

The historic May Day will be observed today (Tuesday) in the country like elsewhere in the world, reports BSS. The day is observed across the globe since 1886 commemorating the supreme sacrifice of the workers at Hay Market, Chicago, in the USA for eight-hour working day and upholding the rights...

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Shab-e-Barat tonight (2018-05-01)

The holy Shab-e-Barat, known as the night of fortune, will be observed across the country tonight (Tuesday night) with due religious fervour and devotion, reports BSS.The Muslim devotees would spend the night at mosques and homes offering prayers, reciting from the holy Quran and seeking blessings to Allah for long...

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Cut in corporate tax under consideration: Muhith

Finance Minister AMA Muhith on Monday dropped a hint about the reduction in corporate tax to some extent, but he did not mention how much relief will be given to the companies. "The reduction in corporate tax is under consideration," the minister said at a pre-budget discussion meeting with a...

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UNSC to help speed up repatriation deal

The United Nations Security Council (UNSC) said Monday its priority is to help speed up the Rohingya repatriation deal signed between Bangladesh and Myanmar to ensure safe and voluntary return of the refugees."This is a humanitarian crisis and human rights issue. What we have seen is not acceptable," Mansur Ayad...

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Twin blasts in Afghan capital kill at least 29

Twin blasts in the Afghan capital Kabul killed at least 29 people on Monday, including nine journalists who had arrived to report on the first explosion and were apparently targeted by a suicide bomber, officials said, reports Reuters.The attacks, a week after 60 people were killed as they waited at...

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NBR rejects no-VAT pleas for two Rohingya projects

National Board of Revenue (NBR) ruled out pleas of VAT (Value Added Tax) exemption for two projects, initiated in Cox's Bazar and Hatiya for the forcibly-displaced Rohingya population of Myanmar, official sources said.The proposals for VAT waiver were made separately by Prime Minister's Office (PMO) and Ministry of Disaster Management...

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News Watch (1-5-2018)

PM to brief media tomorrow Prime Minister Sheikh Hasina will address a press conference tomorrow (Wednesday) to brief journalists about the outcomes of her just-concluded visits to Saudi Arabia, the UK and Australia. The press conference will be held at her official residence Ganobhaban at 4:00pm. — UNB DMP bans...

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Prayer Timings-(1-5-2018)

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Holiday Notice (1-5-2018)

The offices of The Financial Express (FE) will remain closed today (Tuesday) on the occasion of Shab-e-Barat and May Day. Therefore, there will be no issue of the FE tomorrow (Wednesday). However, the online section of the newspaper will remain open as usual.

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