NBR plans fully automated VAT refund system
The National Board of Revenue (NBR) is considering abolishing the manual VAT- refund mechanism for leather and jute exporters, bringing the process fully under the automated e-VAT system to improve transparency, reduce revenue risks and clear long-pending refund claims.The move is also aimed at shifting away from the Duty Exemption...
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Police detain Rahul, Priyanka
Congress leader Rahul Gandhi has been detained by police after leading a march to Prime Minister Narendra Modi's residence over India's paper leak controversy, according to NDTV.The Indian news outlet reported that Gandhi was later seen bleeding from his nose as police removed him from the protest site, reports bdnews24.com.The...
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Three rivers breach red line as heavy rain raises flood risk
Heavy rain forecast over the coming days has heightened flood fears after three rivers crossed the danger level at four monitoring stations.The three rivers prompted flood alert in Sylhet, Sunamganj and Netrakona, the Flood Forecasting and Warning Centre (FFWC) said on Tuesday.It said Kushiara River was flowing above the danger...
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Bangladesh approves 50 overseas trade fairs
Bangladesh will participate in 50 international trade fairs across 27 countries during the current fiscal year (FY 2026-27) as part of a government initiative to expand export markets, promote products from priority sectors and support emerging exporters.The Ministry of Commerce has approved the plan to expand export markets and promote...
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Energy security tops govt's investment agenda
The government has made energy security its top economic priority, pledging to ensure uninterrupted gas and electricity supplies for industries as part of a broader strategy to reduce business costs, improve competitiveness and attract investment.Mahdi Amin, Adviser to the Prime Minister and official spokesperson for the Prime Minister's Office (PMO),...
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Deaths from measles-like symptoms nears 800
Bangladesh reported four more deaths from measles-like symptoms and another dengue-related fatality in the past 24 hours, pushing the combined health burden from the two diseases higher amid ongoing outbreaks.The total number of deaths from measles and suspected cases has risen to 797 over the past four months, according to...
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Gas crisis deepens
A technical fault at Excelerate Energy's floating storage and regasification unit (FSRU) in Maheshkhali has disrupted LNG supplies, reducing gas injection into the national grid and intensifying shortages for households, industries and power plants.The incident resulted in around a 40 per cent reduction in LNG regasification, bringing supplies down to...
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Jamaat to probe Satkhira MP's alleged link to teenage girl
Bangladesh Jamaat-e-Islami on Tuesday said that necessary steps would be taken as per organisational rules after collecting information and data regarding the allegations spread in social media linking Satkhira-4 constituency MP Gazi Nazrul Islam.The party's Assistant Secretary General and Secretary of the Central Publicity and Media Department Ehsanul Mahbub Zubair...
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Sultana Kamal (Demra) Bridge in the capital
The decay in several expansion joints on the Sultana Kamal (Demra) Bridge in the capital has made the structure vulnerable. Heavy vehicles cause massive vibrations and loud noises, posing a risk to human safety. — FE Photo by K Asad-Uz-Zaman
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BB suspends official over alleged betting link
Bangladesh Bank (BB) suspended its one official for his alleged involvement in fraud, betting and cryptocurrency transactions. He was identified as Md Rakibul Hasan Khan Rocky, an assistant director at the BB's head office. He was suspended in an order issued on July 19.The central bank took the decision under...
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