FE Report | 2015-06-30 00:00:00
State-run tourist hotels and motels' reservation can now be done online as Bangladesh Parjatan Corporation (BPC) introduced Sunday automation system for "faster and smooth services" to backpackers. The national tourism agency under its project styled 'Integration of Automation System of...
Garments Sramik Sangram Parishad in the city on Monday demanded the garment owners to pay salaries and bonuses of all the workers before Ramadan 20, reports UNB. The RMG sector workers' rights group came up with the demand at a...
The Bangladesh Association of Software and Information Services (BASIS) has floated a separate platform to attract women entrepreneurs to information technology (IT), reports bdnews24.com. The BASIS Women's Forum was inaugurated in the capital on Saturday. "Women of our country have...
FE Report | 2015-06-30 00:00:00
Prices of most spices have gradually been going up in the city markets as Eid-ul-Fitr, the biggest religious festival of the Muslims, is nearing. The FE in its market observation has found that both the city wholesalers and retailers are...
FE Report | 2015-06-30 00:00:00
The state-run Investment Corporation of Bangladesh (ICB) will have to complete the abolition or conversion of its eight closed-end mutual funds (MFs) to open-end ones by December 31, 2016, officials said. The Bangladesh Securities and Exchange Commission (BSEC) on Monday...
FE Report | 2015-06-30 00:00:00
The securities regulator Monday postponed the public subscription of Bangladesh National Insurance Company (BNIC), officials said. The decision was taken at a commission meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC). At Monday's meeting, the...
FE Report | 2015-06-30 00:00:00
Stocks edged higher for the second running sessions Monday with turnover crossing Tk 4.0 billion-mark further as quality stocks caught investors' buying interest. Brokers said extension of time limit for adjusting single borrower exposure limit by the commercial banks' subsidiary...
BATB rated AAA British American Tobacco Bangladesh Limited, only listed multinational tobacco company, has been rated highest level credit rating 'AAA' in long term and 'ST-1' in the short term for attaining 'highest credit quality' and 'outstanding financial commitments' for...
Beximco Pharma Monday announced the launch of generic version of the wonder drug Sofosbuvir for treating Hepatitis C under the brand name ' Sofovir C'. Sofosbuvir is a revolutionary drug recently launched by Gilead Sciences Inc, under its brand Sovaldi...
FE Report | 2015-06-30 00:00:00
Parliament (Jatiya Sangsad) passed Monday the Finance Bill 2015 with amendments that include cuts in the proposed higher tax at source on exports, corporate tax, VAT on private universities and supplementary duty on internet uses. Finance Minister AMA Muhith came...
Our Correspondent | 2015-06-30 00:00:00
CHITTAGONG, Jun 29: An F-7 fighter aircraft of Bangladesh Air Force (BAF) has crashed into the Bay of Bengal during training after taking off from the BAF Base Zahurul Haque on Monday. Some parts of the destroyed aircraft were found....
Siddique Islam | 2015-06-30 00:00:00
Six commercial banks have submitted proposals of the Jamuna Group to the central bank for restructuring large loans amounting to nearly Tk 12.50 billion, officials said Monday. The banks are Janata Bank Limited, United Commercial Bank (UCB) Limited, Dutch-Bangla Bank...
Ahsan Mansur | 2015-06-30 00:00:00
Following the recent announcement about reduction of rates or return on most National Savings Schemes (NSS) by about 2.0 percentage points, various quarters have voiced concerns about the potential adverse implications of this measure on fixed income earners and on...
FE Report | 2015-06-30 00:00:00
The cabinet approved Monday the Value Added Tax and Supplementary Duty (Amendment) Act 2012 enlarging both the scope and threshold slab for payment of the tax. One of some new provisions in the amended law raises the limit of annual...
Sacked minister Abdul Latif Siddique was freed from jail on bail Monday. Mr Siddique was released from Bangabandhu Sheikh Mujib Medical University (BSMMU) prison cell at around 5.00pm after his release order had reached the jail authorities. On December 06...
Unidentified miscreants at Merajnagar in Kadamtoli area of the capital slaughtered a man Monday morning. The deceased was identified as Abu Zafor (42), son of late Hanif Miah, a resident the area. Police said family members found him slaughtered on...
Rezaul Karim | 2015-06-30 00:00:00
Bangladesh Petroleum Corporation (BPC) moves to borrow $1.0 billion from the International Islamic Trade Finance Corporation (ITFC) to import fuel oils, officials said, although it makes profit now by cashing in on global price slump. And the government is going...
The High Court rejected Monday the petition filed by BNP chairperson Khaleda Zia for cancelling the plaintiff's deposition in the trial of Zia Orphanage Trust graft case against her, reports UNB. An HC Bench comprising Justice Moinul Islam and Justice...
Terming the proposed budget for fiscal year (FY) 2015-16 as welfare-oriented, Prime Minister (PM) Sheikh Hasina on Monday expressed her firm optimism that Bangladesh would move another step forward with its implementation, reports BSS. "The proposed budget for FY 16...
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