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Search date: 20-05-2018 Return to current date: Click here

Land acquisition delay backpedals on regional railway project

The railway's regional connectivity project faced delay as over 100-kilometre rail line from Dohazari of Chattogram to Cox's Bazar could not be constructed upon failure to acquire land.Officials said due to the delay, state-run Bangladesh Railway (BR) revised its annual budget for the Tk 180 billion Dohazari-Cox's Bazar rail project,...

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Customs seize Tk 20m 'fake' mobile phones in city

Customs intelligence agency Saturday seized a total of 275 "fake and smuggled" mobile phones from different places including from the city's Bashundhara market amid stiff agitation by the shop owners.The shop owners and sales persons of the mobile phone show rooms of the Bashundhara City Shopping Complex confined officials of...

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Govt set to earn over Tk 1.0b in capital gains tax

Mohammad MufazzalThe government would get around Tk 1.1 billion in taxes at source from the revenue earned by the Dhaka Stock Exchange (DSE) through the sale of its shares to the Chinese consortium, now a strategic partner of the country's premier bourse.As per the section 53 (N) of the income...

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BD loses Tk 370b a year to the city traffic congestion: Study

Bangladesh loses Tk 370 billion a year, which is equal to 11 per cent of the national budget, to traffic congestion in Dhaka, according to a recent study.The people in Dhaka face a waste of 3.8 million work hours daily due to traffic jam, the World Bank said last year,...

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BGP forcing Rohingyas to leave no-man's land

Our Correspondent COX'S BAZAR, May 19: Border Guard Police (BGP) of Myanmar on Saturday started making announcement through loudspeakers, asking the Rohingya people, staying on no-man's land along the Tumbru-Konarpara point in Naikhongchhari upazila, to leave the area.Sources said following such announcement, the Rohingya people, now staying on no-man's land,...

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Righting a wrong

The Finance Minister's acquiescence with a long-standing demand from businesses to address the issue of tax on tax and double taxation is both interesting and welcome. There have been years of dithering on the issue that was and is clearly wrong. It was one of those conveniently overlooked in the...

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Ramadan 2018 hottest in ME, longest in Iceland

Ramadan this year is hottest across Middle East and in terms of number of hours, it is longest in Iceland and Greenland, according to a report by www.ummid.com.In Bangladesh, muslims are fasting an average for 14hours 42 minutes. Dhaka remains cloudy recording a maximum temperature of 31 degrees on Friday.Fasting...

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OIC summit calls for 'urgent' action against Israel

FE ReportLeaders of the Muslim world's body called for an 'urgent' action against Israel for killing of Palestine's civilians last week.Addressing the summit of the Organisation of Islamic Cooperation (OIC) that ended in Istanbul on late Friday, they also condemned the US administration for backing the Israeli government.The OIC issued...

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