All export-oriented sectors will get incentive benefits, similar to ready-made garments (RMG), from the next financial year (FY), 2019-20, to ensure diversification in the country's exports, Prime Minister's (PM) Private Industry and Investment Adviser Salman F Rahman said on Sunday. "All the incentives, provided to garments sector, will now be...
Read moreThe securities regulator is set to redefine the categories of eligible investors (EIs) to check the abuse of IPO (initial public offering) quota system.To this end, the Bangladesh Securities and Exchange Commission (BSEC) has now been working to amend the BSEC (Public Issue) Rules, 2015, which deals with EI issues,...
Read moreA total of 37 Bangladeshis among others feared dead in Friday's boat capsize in the Mediterranean Sea while attempting to reach Europe from Libya, reports UNB.While briefing reporters at his office on Sunday, Foreign Minister Dr AK Abdul Momen said 30-35 Bangladeshi nationals might have died in the boat capsize...
Read moreSM Jahangir Alam Sarkar, Superintendent of Police (SP) in Feni, has been withdrawn from all official responsibilities over his negligence in the Nusrat case, an official says, reports bdnews24.com.Jahangir has been sent to the Police Headquarters in Dhaka, said the agency's spokesman Sohel Rana on Sunday.A police committee investigated alleged...
Read moreThe government has approved an additional allowance for its employees working in remote locations such as hoar, island or char upazilas, reports bdnews24.com.A maximum of Tk 5,000 and a minimum of Tk 1,650 have been announced for their additional payment.The ministry of finance issued a directive after fixing the allowances...
Read moreKHULNA, May 12 (UNB): Jute mill workers in Khulna on Sunday continued their strike for the seventh consecutive day demanding payment of outstanding wages.The workers of nine state-owned jute mills of the Khulna-Jashore area went on work abstention on May 5 halting production at the mills.The workers gathered in front...
Read moreIndia saw the third highest outflow of wealthy individuals last year, according to a new report. Nearly 5,000 millionaires, or high-net-worth individuals (HNWIs), left the country, which is 2 per cent of the total number of HNWIs in India, says the Global Wealth Migration Review (GWMR) 2019 by AfrAsia Bank...
Read morePakistani security forces searched a luxury hotel in the port city of Gwadar on Sunday a day after separatist insurgents stormed in, killing at least five people, in what the militants said was a strike against Chinese and other foreign investors, reports Reuters.Officials said at least four gunmen raided the...
Read morePrime Minister Theresa May does not need to spell out a timetable for her departure, prisons minister Robert Buckland said on Sunday, adding the leader had already announced she would leave office after the first phase of Brexit, reports Reuters.May, who offered to quit if her deal to leave the...
Read moreFood Minister Sadhan Chandra Majumder inaugurating a safe food awareness campaign of the Bangladesh Safe Food Authority at a function in the city on Sunday — Focus Bangla photo
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