Doulot Akter Mala | 2015-01-30 00:00:00
The National Board of Revenue (NBR) has instructed its field-offices to strengthen audit of income tax files, intensify survey of new taxpayers and frame strategies to achieve revenue collection target. The instructions came following the review of trend of revenue...
FE Report | 2015-01-30 00:00:00
The CAG has to audit 30,000 public auditable units with 2,566 personnel who can perform audit in only 10 to 20 per cent of the total government offices. There is a vacancy of 30 per cent against the approved posts...
The United Nations General Assembly (UNGA) has adopted a resolution urging the developed countries to fulfill their commitments to Official Development Assistance (ODA) to the least developed countries (LDCs). The UNGA has adopted the resolution at a follow-up meeting to...
3 cos to be given JBCCI's 'Business Excellence Award' tomorrow The Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) will introduce Best Business Excellence Award to mark its 10th founding anniversary. The first Business Excellence Award ceremony will be held at...
Shah Alam Nur | 2015-01-30 00:00:00
Plastic-made tools used in agricultural sector are getting popular in the country for their quality and potential to reduce pre- and post-harvest losses and availability at competitive prices. This was evident from interviews of the FE correspondent with a number...
The country's Cellular Phone Operators have stood against the regulator's initiatives of breaching monopoly in the market and ensuring consumer rights. The operators in the name of 'business case' are opposing the Consumer Protection Guideline, which the regulator has formulated...
Rezaul Karim | 2015-01-30 00:00:00
The state-run Export Promotion Bureau (EPB) is likely to issue automated generalised system of preference certificates for sectors beyond the apparel industry, officials said. "So far, we've been issuing GSP certificates only for the readymade garment (RMG) exports destined to...
The country's export processing zones (EPZs) have achieved a remarkable growth in investment and export during the first half of the current fiscal year (FY) 2014-15, according to a Bangladesh Export Processing Zones Authority (BEPZA) press release. Investment mounted by...
BRUSSELS, Jan 29 (AFP): EU foreign ministers will add names to a blacklist of individuals sanctioned over the Ukraine crisis when they meet Thursday but stop short of new measures targeting Russia's economy, sources said. The leaders of the 28...
SEOUL, Jan 29 (AFP): Samsung Electronics posted its first drop in annual net profit in three years Thursday and saw resurgent arch-rival Apple barge in on its pole position as the world's top smartphone maker. The South Korean firm, whose...
MUMBAI, Jan 29 (Reuters): The Indian government has asked tax officials to apply the principle behind a tax ruling in favour of Vodafone Group Plc to all similar cases, a major boost to foreign firms including Royal Dutch Shell PLC...
SEOUL, Jan 29 (AFP): North Korea demanded an "absurd" $10 billion payoff and close to a million tonnes in food aid in 2009 in return for a hoped-for summit with Seoul, then-South Korean president Lee Myung-Bak said in a soon-to-be-published...
FE Report | 2015-01-30 00:00:00
Despite having a sluggish performance in the domestic stock market, Bangladesh emerged as a leading 'return contributor' for Asian Frontier Fund (AFF) in last year. Hong Kong-based Asia Frontier Capital (AFC) Limited is a fund management company specialises in investing...
FE Report | 2015-01-30 00:00:00
Bangladesh Bank (BB) has continued liquidity support for capital market in accordance with the banks' permissible limit along with ensuring their compliance set in laws and regulations, officials said. BB Governor Dr. Atiur Rahman Thursday said this in his speech...
Southeast Bank Limited launched its Mobile Financial Services, named 'TeleCash' at the board room of the Bank at Banani in the city Thursday. Chairman of the bank Mr. Alamgir Kabir FCA accompanied by others Directors of the Bank inaugurated the...
FE Report | 2015-01-30 00:00:00
Finance Minister AMA Muhith Thursday stressed the need for skilled human resources to deal with the 'complicated' capital market. "Human resources in the capital market require extra intelligence as such a market is highly sensitive," he said while speaking at...
FE Report | 2015-01-30 00:00:00
Novo Nordisk, Bangladesh Red Crescent Society and Dhaka Metropolitan Police (DMP) provided different medical services to the visitors at Dhaka International Trade Fair (DITF). On an average about 20-30 people, including some foreigners, received different types of primary treatment everyday...
Prime Financial Unit Fund NAV disclosed Prime Finance Asset Management Company Limited (PAMC) has declared the Net Asset Values (NAV) of Prime Financial First Unit Fund, the first private sector unit fund in Bangladesh. The total NAV of Prime Financial...
FE Report | 2015-01-30 00:00:00
Stocks ended lower for the second running session Thursday amid sluggish trading activities as investors' confidence remained shaky following ongoing political deadlock. The market opened with a negative note which continued till the market closure amid modest see-saw. DSEX, the...
MUMBAI, Jan 29 (Reuters): India's NSE index gained 0.4 per cent, rising for a tenth consecutive session, its longest winning streak since September 2007, as shares of capital goods firms rose ahead of the fiscal budget next month and oil...
FE Report | 2015-01-30 00:00:00
The leaders of Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) urged to take up steps to develop the waste collection process in the country. They also said currently waste plastic are being collected in a disorganized manner from the...
HONG KONG, Jan 29 (Reuters): Hong Kong shares fell on Thursday, dragged down by weakness in regional markets, especially losses on the mainland, and as investors braced for an imminent rise in US interest rates. Chinese shares fell for a...
NEW YORK, Jan 29 (Reuters): US stock index futures climbed on Thursday, rebounding after two days of sharp losses, ahead of housing and labor market data and another busy day for corporate earnings. The S&P 500 dropped on Tuesday and...
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