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Midyear ordinance amends VAT law

DOULOT AKTER MALA | 2025-01-10 00:00:00

A plethora of products and services, including medicines, talk-time and the internet, get costlier following a midyear amendment to the VAT law. The amended Value-Added Tax (VAT) law brings a total of 43 products and services under a higher-tax regime.An...

Negative growth in Jan-Nov despite overall surge

MONIRA MUNNI | 2025-01-10 00:00:00

Bangladesh's apparel exports to the United States marked a 0.44-percent negative growth during last January-November period despite a surge in apparel-export earnings since September. The garment-export earnings marked the highest 41-percent growth in November last. On the other hand, the...

DCCI warns of economic strain

FE REPORT | 2025-01-10 00:00:00

The Dhaka Chamber of Commerce and Industry (DCCI) on Thursday expressed concern over the negative impact of the government's decision to raise VAT on 43 products and services.The cost of industrial production would rise if the proposed gas price hikes...

Gas supply set to worsen for 72 hours from today

FE REPORT | 2025-01-10 00:00:00

Natural gas supply would be severely affected for 72 hours from today (Friday) as an LNG regasification facility is set to go for a scheduled repair and maintenance work.US's Excelerate Energy will suspend operation of its floating, storage and re-gasification...

Govt to facilitate, not formulate proclamation

FE REPORT | 2025-01-10 00:00:00

The interim government will not formulate the July Proclamation but will facilitate creating consensus among political parties and stakeholders on the draft prepared by the anti-discrimination student body, an adviser says on their latest stance. In the latest disclosure, made...

All external transaction accounts on a rebound

JASIM UDDIN HAROON | 2025-01-10 00:00:00

Bangladesh's economy is set on a rebound with all its external transaction accounts showing an upswing pivoted by a surge in remittance, robust export growth and reduced import payments, economists say.According to data released Thursday by the Bangladesh Bank, the...

Weather (2025-01-10)

2025-01-10 00:00:00

Weather may remain dry with temporary partly cloudy sky over the country in the next 24 hours from 06:00 am today (Friday), according to the Met Office. Moderate to dense fog may occur at places over the country during midnight...

12 DMP DCs transferred

FE REPORT | 2025-01-10 00:00:00

Twelve deputy commissioners (DCs) of Dhaka Metropolitan Police (DMP) have been transferred. The order, signed by DMP Commissioner Sheikh Md Sajjat Ali, was issued on Wednesday. Among the officers, Mahidul Islam has been transferred to the Finance Department, Salma Syed...

Majority wants commission for accountability of police

2025-01-10 00:00:00

The majority respondents of a public survey, named 'Kemon Police Chai' (what kind of police we want), have opined in favour of formation of a separate regulatory organisation or a commission for Bangladesh Police to make the law-enforcing agency accountable...

Tracey Ann Jacobson new US envoy

FE REPORT | 2025-01-10 00:00:00

Tracey Ann Jacobson, a career member of the Senior Foreign Service in the US, will join the US Embassy in Dhaka as Chargé d'Affaires (CDA), ad interim, tomorrow (Saturday).Over the course of her distinguished career, she has served as US...

Govt pushes for speeding up ADP implementation

2025-01-10 00:00:00

The Planning Commission (PC) is sending letters to all the ministries and divisions to complete their ongoing projects as quickly as possible to accelerate the implementation rate of the Annual Development Programme (ADP), which is record low right now, reports...

Families of BDR men protest for second day

2025-01-10 00:00:00

The families of BDR members "accused" in the Pilkhana massacre, held a sit-in demonstration at Dhaka's Central Shaheed Minar for a second consecutive day, to push for a three-point demand, including a reinvestigation of the massacre and the release of...

Muhammad Yunus presiding over a meeting of the advisory council-

2025-01-10 00:00:00

Chief Adviser Professor Muhammad Yunus presiding over a meeting of the advisory council at his office in the capital's Tejgaon area on Thursday. — PID

Returnees, their families vulnerable to fatal diseases

SM NAJMUS SAKIB | 2025-01-10 00:00:00

An alarming number of returnee migrants and their relatives are being diagnosed with fatal diseases like HIV during voluntary testing, but there are no mandatory rules for them to undergo any screening on arrival, raising serious concerns about the country's...

Ex-MP Nasimul Alam remanded in uprising killing case

2025-01-10 00:00:00

A Dhaka court on Thursday placed former lawmaker of Comilla-8 constituency Nasimul Alam Chowdhury on a three-day remand each in a case lodged over the murder of one Md Shahjahan in the capital's Mohakhali area during the student-led July-August mass...

20 injured in BNP factional clashes in Bagerhat

2025-01-10 00:00:00

BAGERHAT, Jan 09 (UNB): At least 20 people, including women and children, were injured in violent clashes between two rival factions of the Bangladesh Nationalist Party (BNP) in Bagerhat Sadar upazila on Wednesday night.The conflict, driven by a power struggle,...

Travel ban imposed on ex-railway minister

2025-01-10 00:00:00

A Dhaka court has imposed a travel ban on former railway minister Mujibul Haque, reports UNB.Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib passed the order after hearing a petition filed by Anti-Corruption Commission (ACC) on Thursday.

SC sets Jan 23 for hearing on ATM Azhar's review petition

2025-01-10 00:00:00

The Appellate Division on Thursday set January 23 for hearing a review petition submitted by death-row convict and Jamaat-e-Islami leader ATM Azharul Islam in connection with crimes against humanity during the 1971 Liberation War, reports UNB.A five-member bench, led by...

Khaleda's appeal hearing in Zia Orphanage case adjourned until Jan 14

2025-01-10 00:00:00

The Appellate Division of the Supreme Court (SC) on Thursday adjourned till January 14 its hearing on an appeal filed by BNP Chairperson Begum Khaleda Zia, challenging a High Court order that extended her five-year jail term to 10:00 in...

Unity essential amid efforts to divide nation: Fakhrul

2025-01-10 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Thursday alleged that a quarter is desperate to divide the nation, though unity is now essential to protect the country and restore democracy, reports UNB."I urge all not to engage in the...

Beijing says EU imposed unfair trade barriers on Chinese firms

2025-01-10 00:00:00

BEIJING, Jan 9 (AFP): China said Thursday that its investigation into EU practices found that Brussels imposed unfair "trade and investment barriers" on Beijing, adding to long-running commercial tensions.Beijing announced the probe in July, after the bloc launched investigations into...

Puro Pastry & Bakery opens 15th outlet

2025-01-10 00:00:00

Puro Pastry & Bakery opened its 15th outlet at World Business Centre (WBC) in the city's Banani area on Thursday. Vice Chairman of Eon Group of Industries Major ABA Mesbah Ud Dowlah (Rtd.) was present as the chief guest at...

United Finance and Amble Properties sign MoU

2025-01-10 00:00:00

United Finance PLC and Amble Properties Limited signed a memorandum of understanding (MoU) at the Head Office of United Finance in Dhaka recently. The MoU was signed by Mohammed Abul Ahsan, Deputy Managing Director of United Finance, and Md. Golam...

Bajus suspends membership of Gold Kinen

2025-01-10 00:00:00

The Bangladesh Jewellers Association (Bajus) has suspended the membership of Gold Kinen Technologies following allegations of irregularities in the trading of gold, reports UNB.In a press release issued on Thursday, Bajus said that Gold Kinen Technologies was granted provisional membership...

Commerce Adviser acknowledges public suffering amid rice price hike

2025-01-10 00:00:00

Acknowledging the suffering of general people due to rice price hike, Commerce Adviser Sk. Bashir Uddin has said that the government cut a 60 per cent duty on rice import to keep the local market stable, reports UNB.He said this...

ICSB hosts CPD webinar on 'Recent Amendments to the Securities Laws'

2025-01-10 00:00:00

The Institute of Chartered Secretaries of Bangladesh (ICSB) organised a virtual CPD webinar on 'Recent Amendments to the Securities Laws: Focus on Corporate Governance' on Wednesday. Md. Abul Kalam, Director of Bangladesh Securities and Exchange Commission (BSEC), presented the keynote...

StanChart, Bidyanondo partner to provide healthcare services in remote areas

FE DESK | 2025-01-10 00:00:00

Standard Chartered Bangladesh and Bidyanondo Foundation have joined forces to deliver healthcare and medical services to over 241,600 beneficiaries in isolated char communities, riverbank areas, and other hard-to-reach regions across the country.The partnership will deploy the Jibon Kheya, a floating...

Import of reconditioned cars through Mongla port on the rise

2025-01-10 00:00:00

MONGLA PORT (Khulna), Jan 9 (BSS): The import of reconditioned cars through Mongla Port has increased to a great extent as importers are getting interested in bringing automobiles to the country through the seaport.Currently, importers are receiving delivery of around...

UCB PROVIDES TRAINING TO AGRICULTURAL ENTREPRENEURS

2025-01-10 00:00:00

United Commercial Bank (UCB) recently hosted a day-long skill development training programme for nearly 175 agricultural entrepreneurs across seven upazilas in Bhola. This initiative falls under UCB's 'Bhoroshar Notun Janala' (New Window of Trust) project, a key programme aimed at...

PUBALI BANK PARTNERS WITH DHL EXPRESS

2025-01-10 00:00:00

Pubali Bank entered into a partnership with DHL to launch the 'GOGREEN Plus Carbon Reduced Shipping Service'. Mohammad Ali, managing director and chief executive officer of the bank, and Md. Miarul Haque, managing director, DHL Express Bangladesh, signed the agreement....