Lawmakers have identified the legal loopholes as one of the major reasons why bank-loan defaulters go unscathed, in most cases. The 23rd meeting of the parliamentary standing committee on the ministry of finance, held recently, listed the key reasons behind the spread of the default- culture.In, at least, 600 cases,...
Read moreMore than 80 per cent of Bangladeshi workers was forced to migrate to Italy from Libya as they were jobless in the war-torn country, according to a new study.Of the total workers surveyed, some 79.3 per cent knew they could die in the sea, said the study released Sunday in...
Read moreThe collection of Value Added Tax (VAT) from large businesses increased significantly until March of the current fiscal year (FY).The increase was attributed to the intensive scrutiny and investigation by the Large Taxpayers Unit (LTU).However, the performance of a large number of small and medium-scale businesses was unimpressive during the...
Read moreEleven more suspected drug traders were killed in reported gunfights with the law enforcers early Sunday as anti-narcotics crackdown continues across the country, reports UNB.According to reports, a total of 93 people were killed in 'gunfights' across the country since May 12.In Cox's Bazar, listed drug trader Md Ekramul Haque,...
Read moreBangladesh Bank (BB) will release new currency notes for Taka 10, 20, 50 and 100 in the market ahead of Eid-ul-Fitr from June 03. The new notes will be distributed from all branches of Bangladesh Bank across the country every day until June 14. The new notes distribution will remain...
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