Tax collection from Bangladesh's large manufacturing industries plummeted, registering a negative growth in VAT receipts in July, as a countrywide 'strict lockdown' for 18 days for checking corona transmission dealt them a stumbling blow.Field-level tax officials said a significant part of revenue was lost for the lockdown, causing negative growth...
Read moreDhaka city people got a chance to see the metro rail running on a viaduct for the first time on Friday, as the authorities operated the train from Uttara Diabari to Mirpur. Official sources said the train was taken on the viaduct at around 8: 00 am."It was actually to...
Read moreThe central bank has further extended the policy relaxation regarding loan repayment to the scheduled banks by their borrowers to help recover the country's pandemic-hit economy, officials said.Under the relaxation, the borrowers would get a fresh chance to remain unclassified, if they repay minimum 25 per cent of the total...
Read moreThe daily death toll from Covid-19 increased to 117, while the new virus caseloads maintained a downward trend in Bangladesh on Friday.On Thursday, the fatalities from coronavirus were recorded at 102 across the country, according to the official figures.On the other hand, the daily Covid-19 cases declined further to 3,525...
Read moreTrying to bring transparency and accountability in Bangladesh's external trade, government's revenue authority is setting Export General Manifest (EGM) module as decoy in 17 private inland container depots (ICDs) for detecting actual export-import data.Officials said the EGM module would function under ASYCUDA World System in automatic monitoring of trade operations.Automated...
Read moreAt least 17 people died and some 33 others were missing after a boat overturned following a collision with a vessel in Brahman-baria's Sadar Upazila, reports bdnews24.com.The mishap occurred in Loiska Beel around 5:15pm on Friday, said Anisur Rahman, superintendent of police in the district.The passenger boat from Champaknagar of...
Read moreThe regulator is aggressively working to introduce insurance products for bond issuers that will guarantee repayment of the principal and all associated benefits to the bondholders in the event of issuer default.Officials said the Insurance Development and Regulatory Authority or IDRA, the regulator of 81 life and non-life firms in...
Read morePeople are busy buying stuff from a holiday market in front of the Motijheel Ideal School and College in the city on Friday, while Covid safety rules are simply ignored — FE photo by Shafiqul Alam
Read moreStocks extend rally Stocks extended their rally for the tenth straight week that ended Thursday despite the Bangladesh Bank starting to investigate banks' investment in the capital market. The week featured usual five trading days. Page 9Afghan families seek helpHundreds of Afghan families who have been camping in searing heat...
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