Bangladesh Tax Payers Society (BTPS), an organisation of taxpayers and tax lawyers, on Wednesday urged the government to raise tax exemption limit up to Tk 0.35 million from the budget proposal of Tk 0.25 million and exempting Zakat-related expenses from...
Bangladesh in the recent past earned the highest US dollar 30,186.62 million, a record-breaking income from exports, during the 2013-14 fiscal year, reports BSS. The annual export income was US dollar 16,204.65 million in 2009-2010 fiscal year, which increased to...
Former chairman of Bangladesh Krishi Bank Khandaker Ibrahim Khaled said adequate allocation in the budget is needed for alleviating poverty, reports BSS. He urged the government to show zero tolerance to corruption as it is showing to terrorist activities. Mr...
FE Report | 2015-06-25 00:00:00
Stocks extended their losing streak for the fifth straight sessions Wednesday amid sluggish trading activities as the investors protected their positions. The market opened with a positive note, but could not sustain. DSEX, the prime index of the Dhaka Stock...
Rezaul Karim | 2015-06-25 00:00:00
The government's move to offload shares of more state-owned enterprises (SoEs) has hardly made any progress, mainly due to procedural complexities and dillydallying of the authorities concerned despite repeated reminders from the top levels, officials said. "We are reminding the...
FE Report | 2015-06-25 00:00:00
The initial public offering (IPO) lottery of Aman Feed Ltd (AFL), the first issue under new IPO system, was held Wednesday for allocating 20 million shares among the successful investors, officials said. The lottery was held at the Institution of...
Mohammad Ali | 2015-06-25 00:00:00
The long pending 1996 share market scam cases are now ready at the recently formed capital market Special Tribunal for their speedy disposal, sources said. The much-talked about 15 criminal cases were filed against dozens of persons of 15 listed...
Olympic Accessories makes trading debut today Olympic Accessories Limited (OAL) will make trading debut today (Thursday) at the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) under 'N' category, officials said. DSE trading code for Olympic Accessories Ltd is...
FE Report | 2015-06-25 00:00:00
Foreign direct investment (FDI) in Bangladesh fell in 2014, in five years, by 4.5 per cent to US$1.5 billion by a UN agency count despite a relative political calm. The United Nations Conference on Trade and Development (UNCTAD) in its...
Indians had some solace at last by beating Bangladesh by 77 runs in the last match of the three-match one-day series at Mirpur in Dhaka on Wednesday with the series already lost. The hosts fought a losing battle in their...
Fitra has been fixed at minimum Tk 60 per head this year. This was disclosed at a meeting of Islamic Foundation in the city on Wednesday with Member Secretary of National Fitra Fixation Committee Maulana AMM Sirajul Islam in the...
FE Report | 2015-06-25 00:00:00
The Ministry of Food claimed Wednesday that wheat imported from Brazil recently being not rotten or substandard was fit for human consumption. The ministry in a statement on the day said it had carried out laboratory tests on wheat imported...
FHM Humayan Kabir | 2015-06-25 00:00:00
The government would undertake a Tk 13.90 billion (1,390 crore) project for improving its disaster management capacity and procure equipment to face earthquake and other such catastrophes, officials said Wednesday. Officials said they were going to implement the 'Urban resilience...
BNP Chairperson Khaleda Zia alleged on Wednesday that there are two types of trial now in the country as judges have been appointed on political consideration, reports UNB. "Now the judiciary is not independent. The Chief Justice has said they...
The High Court (HC) did not apply its judicial mind at all while acquitting incumbent Relief and Disaster Management Minister Mofazzal Hossain Chowdhury Maya of graft charges, the Supreme Court (SC) has observed in its verdict, reports UNB. The full...
FE Report | 2015-06-25 00:00:00
Some 30 rights organisations on Wednesday urged the Bangladesh delegation to UN Addis Ababa Conference on Finance for Development to propose formation of a UN political body on global tax matter that will support elimination of all sorts of loopholes...
Our Correspondent | 2015-06-25 00:00:00
CHITTAGONG, Jun 23: Over 0.280 million applications of HSC admission seekers have been filed in 230 colleges under Chittagong Education Board for the current session of 2015. Some 83,301 admission seekers filed 280,495 applications, mostly in six government colleges in...
Sadiq Ahmed | 2015-06-25 00:00:00
The focus of this last of a three-part analysis of the proposed national budget for the fiscal year (FY), 2015-16, by this writer, is on the important issue of public enterprise reforms. Such state-owned enterprises (SOEs) present a substantial challenge...
Shahiuduzzaman Khan | 2015-06-25 00:00:00
In a new move, the government has decided to give no fresh permission for setting up any export processing zone (EPZ) in the private sector. Rather, it will allow more economic zones (EZs) to be set up in the country....
Siddique Islam | 2015-06-25 00:00:00
Now Sonali Bank Limited, the largest of state-owned commercial banks (SoCBs), has passed on a proposal of Beximco Group to the central bank for restructuring another chunk of large loan worth Tk 10.75 billion. Beximco, one of the top business...
Prime Minister Sheikh Hasina said Wednesday Indian Premier Narendra Modi during his recent visit assured of signing the deal on Teesta water sharing soon, reports BSS. He also pledged to bring down the border killings to zero, she further said. ...
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