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Call to enforce transfer price rules

FE Report | 2015-05-10 00:00:00

Taxmen and accountants at a workshop Saturday laid emphasis on proper enforcement of transfer pricing provisions to keep multinational corporations from dodging taxes. Transfer pricing means setting the price of goods or services transacted between two affiliated entities in separate...

B\\\'desh launches \\\'free\\\' mobile internet

Khairul Islam | 2015-05-10 00:00:00

Bangladesh is set to join a global platform, internet.org, to get free internet services through mobile phones, but concerns over privacy remains, officials said. They said Robi Axiata Ltd, a leading telecom operator, has already joined the internet.org to provide...

Car imports thru’ Mongla to get dearer

Syful Islam | 2015-05-10 00:00:00

The Mongla Port Authority (MPA) has decided not to offer anymore the low-cost 'space rent' facility to car importers from next year, officials said. Instead, they will be offered the high-cost 'wharf rent' facility to raise earnings of the port,...

News Briefs

2015-05-10 00:00:00

Tax cut proposed to stop tobacco smuggles Local tobacco companies proposed that the government cut taxes on export of tobacco leaf and frame a policy to check smuggling of cigarettes. Bangladesh Cigarette Manufacturers Association leaders made the proposal at a...

Ban on rice import from India sought

FE Report | 2015-05-10 00:00:00

Speakers at a discussion Saturday demanded that the government immediately impose a ban on rice import from India and provide them with cash subsidy to save them from the price debacle in the current Boro season. They also demanded that...

Govt to generate 16,000MW electricity by next year

2015-05-10 00:00:00

The government has undertaken a number of projects to generate 16,000 megawatt (MW) electricity by 2016. "The Awami League-led government has achieved success in the power sector during the past six years and power generation capacity reached to 11,265MW from...

Use of bio-slurry improves soil health, increases production

2015-05-10 00:00:00

RAJSHAHI, May 9 (BSS) :  Large-scale expansion of biogas plant has become essential for more production and use of bio- slurry, main effluent of biogas plant. It can help improve soil fertility and increase crop production, agricultural extension officials and...

\\\'Denim Expo\\\' begins tomorrow

2015-05-10 00:00:00

The "Bangladesh Denim Expo" starts tomorrow (Monday) at the Radisson Blu Water Garden Hotel in the capital, aiming to showcase Bangladesh's growth potential in the denim industry, reports UNB. Commerce minister Tofail Ahmed will inaugurate the exposition as the chief...

Call for proper SME policy

FE Report | 2015-05-10 00:00:00

Experts at a workshop said Saturday Bangladesh still lacks a proper policy on small and medium enterprises (SMEs). The policy should focus on SME development in the country that could not attain the desired level of progress, they said at...

Jute spinners for 10pc cash incentive on yarn export

FE Report | 2015-05-10 00:00:00

Jute spinners have sought re-fixation of cash incentive rate on export of jute yarn to save the country's jute industry, sources said. The president of Bangladesh Jute Spinners Association (BJSA) sent a letter to the finance minister seeking an increase...

Photo: Union Bank Ltd

2015-05-10 00:00:00

Declining stock prices lower P/E ratios of cos

Mohammad Mufazzal | 2015-05-10 00:00:00

Price-Earning (P/E) ratios of 70 listed companies are now below 10, according to their latest financials. The P/E ratios of the majority of listed companies decreased mainly because of the decline in stock prices across the board barring that of...

NAV of CAPM Unit Fund disclosed

2015-05-10 00:00:00

CAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk 74,354,897.82 on the basis of cost price and Tk 69,827,229.38 on the basis of market price...

MTB Unit Fund NAV disclosed

2015-05-10 00:00:00

The total NAV of MTB Unit Fund stood at Tk 349,673,033.62 on the basis of cost price and Tk 249,119,052.38 on the basis of market price at the close of business operation on 07 May 2015. The face value per...

ICB AMCL discloses NAV of MFs

2015-05-10 00:00:00

The Total Net Asset Value (NAV) of Mutual Funds managed by the ICB Asset Management Company Limited at the close of business operation on 06 May 2015 is as follows:

ICB AMCL discloses NAV of three funds

2015-05-10 00:00:00

The Net Asset Value (NAV) of different open-end Mutual Funds managed by the ICB Asset Management Company Limited at the close of business operation on 06 May 2015 is as follows:

Photo: Social Islami Bank Limited (SIBL)

2015-05-10 00:00:00

Photo: Midland Bank Limited provided financial assistance to Protina H M Food

2015-05-10 00:00:00

Photo: Bitdefender, world\\\'s no 1 ranked antivirus technology

2015-05-10 00:00:00

Photo:First Security Islami Bank Limited

2015-05-10 00:00:00

IPO Diary

2015-05-10 00:00:00

Photo: Bangladesh Brand Forum (BBF)

2015-05-10 00:00:00

AGM/EGM/Record Date (Last Updated on May 7, 2015)

2015-05-10 00:00:00

Two suspected pirates killed in Sundarbans gun battle with Rab

2015-05-10 00:00:00

Revisiting PARC recommendation on grade-based public service

Helal Uddin Ahmed | 2015-05-09 00:00:00

The administrative system of Bangladesh has been a legacy of its colonial past, which in many instances could not uphold the dignity and honour of public employees at all levels. Article 27 of the Constitution of People's Republic of Bangladesh...

Villages undergo silent transformation

2015-05-09 00:00:00

Those who go to villages or have some linkages with rural areas can easily understand how the rural society and economy have changed. Whenever this writer gets an opportunity, he goes to his village and tries to stay overnight. This...

Sexual harassment on women: Silent tears

Jakia Begum | 2015-05-09 00:00:00

Why most women are not in position to speak about sexual harassment or violence done to them? This is because most of the cases do not receive proper judgment.  The incident on Pahela Baioshakh is a pertinent case in point....

Writing off unrecoverable duties

2015-05-09 00:00:00

Framing rules to empower the government to write off arrear duty and relevant other charges that have little prospect of being recovered, is an appropriate move under the given circumstances. No credible figure on such dud revenue is yet available....

Small investors in stock market need budgetary bailout

Abu Ahmed | 2015-05-09 00:00:00

As the 2015-16 national budget is being prepared, it is hoped the interests of thousands of small investors will be taken note of. These investors, virtually made paupers in 2010 but somehow remaining still with the market, deserve attention of...

A library in college hostel

Humayun Kabir | 2015-05-09 00:00:00

Apart from a large collection of books, journals and newspapers available for reading in some modern libraries, there are electronic learning materials such as audio and audio-visual materials including films, music and lectures of world leaders. Like other educational institutions,...