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FICCI for research-based sound policy changes

Raising concern over unpredictable policymaking, foreign investors on Sunday said any change in the policy should be based on comprehensive research.They said any policy change made through wrong analysis could hamper government's revenue mobilisation while creating unfavourable business climate.The observations came at the luncheon meeting of the Foreign Investors' Chamber...

Steps underway to lower lending rate to single digit

Prime Minister Sheikh Hasina said on Sunday steps are underway to bring down bank loan interest rate to single digit in all banks, noting that higher interest rate naturally causes loan defaults, reports UNB."We want to bring it (bank loan interest rate) down to single digit. In the meantime, we've...

Small savers to cheer as source tax slashed

The National Board of Revenue (NBR) has made 5.0 per cent reduced rate of tax at source on the yields of savings certificates in case of investments up to Tk 0.5 million.The decision was to take effect from August 28, 2019 and onwards.The internal resources division has issued a statutory...

Backlash grows over India citizenship list

GUWAHATI, Sept 01 (Agencies): A controversial citizenship list in northeast India that has left almost two million people facing statelessness has been slammed by its political backers as those excluded from it face an uncertain future.Indian Prime Minister Narendra Modi's Hindu-nationalist Bharatiya Janata Party, which runs Assam state where the...

Minni, 23 others charged formally

Police pressed formal charges against 24 people, including Aysha Siddika Minni, over the daylight murder of her husband Rifat Shorif in Barguna, reports bdnews24.com.The state has also appealed against her conditional bail granted by the High Court.Barguna Sadar Police Inspector Md Humayun Kabir filed the charge-sheet in the court on...

Rohingya 'bandit leader' killed in 'gunfight'

A Rohingya man with alleged ties to crimes died in a reported shootout with police in Cox's Bazar's Teknaf Upazila. The incident took place in the hills adjacent to Jadimura Rohingya Camp in upazila's Hnila Union in the early hours of Sunday. Nur Mohammad, 45, was the prime suspect in...