FE Report | 2015-05-13 00:00:00
Country's leading business leaders Tuesday proposed a host of fiscal measures including raising existing ceiling on wealth tax, widening tax net instead of increasing its rate and tax-free threshold for individual taxpayer for the upcoming national budget. They also suggested...
Women rights activists denounced on Tuesday the police attack on Bangladesh Chhatra Union activists during their protest against sexual assaults on women at Dhaka University on April 14, reports UNB. On Sunday, about one hundred Chhatra Union activists came under...
Awami League presidium member and spokesperson of central 14-Party Alliance Mohammad Nasim said on Tuesday the incident of Salahuddin Ahmed, once again, proved that lying was innate to the Bangladesh Nationalist Party (BNP), reports BSS. He said, "The news of...
Arafat Ara | 2015-05-13 00:00:00
Enactment of a couple of Acts has hardly made any headway in combating human trafficking from Bangladesh mainly due to their poor enforcement, experts and rights activists have said. According to them, no instance of punishment for the human trafficking...
The police chief has been asked to inform the High Court about steps taken against those police personnel who used brutal force to disperse a group of protestors Sunday, reports bdnews24.com. The protestors were demanding arrest of those who sexually...
FE Report | 2015-05-13 00:00:00
The securities regulator has approved the IPO (initial public offering) proposal of Bangladesh National Insurance Company (BNIC) which will raise a fund worth Tk 177 million under fixed price method, officials said. The approval came Tuesday at a commission meeting...
FE Report | 2015-05-13 00:00:00
The Karmasangsthan Bank will provide loan at lower rate to the dairy farmers to help enhance their capacity in liquid milk production for the sake of a sustainable dairy industry in the country, officials said. The bank will disburse the...
SABINCO at its 31st Annual General Meeting (AGM) held recently declared Taka 280 million as cash dividend. Mr. Badar Ibrahim H. Al-Mazyad, Financial Analyst, Public Investment Fund, Kingdom of Saudi Arabia and Mr. Arijit Chowdhury, Additional Secretary, Bank and Financial...
FE Report | 2015-05-13 00:00:00
Stocks witnessed a mild correction Tuesday, snapping five consecutive session rally, as investor booked short-term profit mainly on financial stocks. Brokers said price correction pulled down stocks prices as short-term traders took profit mainly on NBFIs, banks and cement issues...
IBBL gets two new DMDs Abdus Sadeque Bhuiyan, Head of International Banking Wing and Md. Shamsuzzaman, Head of Information & Communication Technology Wing of Islami Bank Bangladesh Limited have been promoted as Deputy Managing Directors of the Bank. Abdus Sadeque...
FE Report | 2015-05-13 00:00:00
The government may allow rescheduling of agriculture loans, considering the political unrest in the last three years when farmers failed to repay credit, Finance Minister AMA Muhith said Tuesday. However, he said no decision is yet to be taken regarding...
FE Report | 2015-05-13 00:00:00
Apparel export growth slowed last month as industry people say compliance requirement and recent political turmoil ate into income. Exports proceeds slowed down to 1.16 per cent in April, compared with the same period last year, the Export Promotion Bureau...
The Foreign Investors' Chamber of Commerce & Industry (FICCI) has objected to a news item headlined "Tax theft by MNCs: Call to enforce transfer price rules" published in Sunday's issue of The Financial Express. In a statement, the chamber said...
FE Report | 2015-05-13 00:00:00
The finance division will review the country's latest macro-economic indicators, especially the monetary policy and exchange rates as the economy had suffered from the second half of the current fiscal year after political turmoil. The special meeting of the co-ordination...
Only 55pc ADP funds spent in 10 months The government ministries and agencies spent only 55 per cent of Tk 750 billion revised annual development programme (ADP) in the first 10 months of the current financial year 2014-15, officials said...
FE Report | 2015-05-13 00:00:00
Pakistan will support women businessmen in the garment sector to upgrade their entrepreneurial skills. To this end, Pakistan High Commission in Dhaka Tuesday signed an agreement with Micro Industries Development Assistance and Services (MIDAS), Bangladesh to skill development programme for...
Newly appointed German Ambassador to Bangladesh Dr Thomas Prinz Tuesday expressed his government's interest to increase productivity through modernisation of mills and factories of Bangladesh, reports BSS. He expressed this interest when he paid a courtesy call on foreign minister...
KHULNA, May 12 (BSS): A nine member task force was formed here recently to lunch anti- polythene drive in Khulna by first week of June. The taskforce has been entrusted with the responsibility of taking action against the polythene traders,...
Financial Excellence Limited (FinExcel) recently organised a three-day long training programme on "IT Service Management" in the city, according to a statement. Noor A Alam Chowdhury, director, data edge limited inaugurated the training programme attended by executives from several banks...
Industries minister Amir Hossain Amu Tuesday underscored the need for expansion of social marketing and networking initiative for increasing productivity and development of management skills in industrial sector, reports BSS. "Developed countries in Europe and America have already been able...
M Monzurul Haque and M Zakir Hossain were elected as chairman and president of the Institute of Management Consultants Bangladesh (IMCB) respectively for the term of 2015 and 2016 at the Institute's 14th annual general meeting (AGM) held at a...
FE Report | 2015-05-13 00:00:00
The central bank has expedited purchase of the US dollar from the banks recently to help keep the inter-bank foreign exchange (forex) market stable, officials said. As part of the move, the Bangladesh Bank (BB) bought US$20 million directly from...
Rezaul Karim | 2015-05-13 00:00:00
The government has taken decision to change the name of Bank and Financial Institutions Division (BFID) aiming to ensure equal representation of all entities under the division, officials said. BFID under the ministry of finance (MoF) is to be renamed...
Chien-Nan Kuo, Taiwan trade mission chief and owner and CEO of Yu Tong Steel Company Limited visited the factory of Appollo Ispat Complex Limited at Shimrail, Sidhirganj in Narayanganj on Tuesday. A delegation comprising representatives of Taiwanese companies is now...
The International Crimes Tribunal (ICT)-1 issued on Tuesday arrest warrant against 11 alleged Razakars of Jessore district, reports BSS. The 11 are Ibrahim Hossain, Md Billal Hossain, Sheikh Md Mujibur Rahman, Md A Aziz Sarder, Qazi Ohidur Islam alias Qazi...
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