Net use cost escalation feared

The cost of internet services at the consumer end might go up by 40 per cent unless the government reduces VAT on its value-chain services, industry insiders said.They said the overall cost has gone up by 36 per cent as the rebate provisions have been dropped and 15 per cent...

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Brokers seek Tk 100b lifeline

Stock brokers are seeking a Tk 100 billion fund from the government to inject new life into the moribund capital market.The intermediaries said they are set to submit their proposal to the finance minister today (Thursday) seeking the fund as loans.Dhaka Bank Securities and EBL Securities are among the 20...

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ACC imposes travel ban on 22 persons

The Anti-Corruption Commission (ACC) on Wednesday imposed a ban on 22 persons' travelling abroad. Most of these persons are leaders of ruling Awami League (AL) and its front organisations, including members of parliament (MPs) Nurunnabi Chowdhury and Shamsul Hoque Chowdhury.Many of them have already been arrested as graft suspects in...

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Two bodies to work on closing gap with IFRS

The country's audit watchdog has formed two working groups to set accounting rules in line with the international financial reporting standards (IFRS) to further standardise the accounting practices here.The Financial Reporting Council (FRC) Bangladesh, an independent oversight body, has formed the groups as companies deviate from the accounting standards in...

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Primary school head teachers trying to stage a rally

Law enforcement personnel dispersing government primary school head teachers trying to stage a rally to voice their demands at the Central Shaheed Minar in the city on Wednesday — Focus Bangla

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Prayer Timings-(24-10-2019)

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