Doulot Akter Mala | 2014-07-03 00:00:00
The government doubled the tax from 10 per cent to 20 per cent on commercially-run vehicles in the current fiscal year, which may have a cascading impact on road travel and haulage. Revenue officials said the tax would be considered...
Pankaj Dastider | 2014-07-03 00:00:00
CHITTAGONG, June 2: The Chittagong Customs House (CCH), the largest revenue earner in the country, has failed to achieve its revenue collection target for the last fiscal year (FY). The failure to achieve the target was largely attributed to the...
Monira Munni | 2014-07-03 00:00:00
Six influential US congressmen in a letter to Prime Minister Sheikh Hasina have expressed their deep concern over the rising harassments to labour activists in the country's apparel sector. They have also sought the PM's personal initiative to conduct proper...
Syful Islam and Mohammad Mufazzal | 2014-07-03 00:00:00
The government decision to offload shares of state-owned enterprises (SoEs) under an economic reform recipe has yet to be followed up with tangible progress despite repeated directives from the high-ups, official sources have said. At least 15 out of the...
Shahiduzzaman Khan | 2014-07-03 00:00:00
Bangladesh lags far behind many other comparator countries in setting up economic zones (EZs). Even several years after the enactment of separate laws for such zones, works for developing EZs in the country are moving at a snail's pace. Five...
FE Report | 2014-07-03 00:00:00
The National Board of Revenue NBR) issued last Tuesday the much-talked-about Transfer Pricing (TP) rules to help check tax avoidance by multinational companies (MNCs). The TP rule was issued by the NBR under a provision incorporated in the Finance Act...
FE Report | 2014-07-03 00:00:00
The International Monetary Fund (IMF) Wednesday called for further cut in energy subsidies to help boost spending on targeted social safety net to help protect the poor. IMF deputy managing director (DMD) Naoyuki Shinohara mentioned this while making his concluding...
New Delhi has agreed to send back the prime suspect of the Narayanganj multiple murders Nur Hossain, foreign minister AH Mahmood Ali told Parliament Wednesday, reports bdnews24.com. Replying a query he said, "The matter was discussed during the recent visit...
The Rapid Action Battalion (RAB) will return to patrol the streets after staying away for more than a month. The elite police unit, hit hard by alleged ties to seven murders at Narayanganj, said on May 26 it would not...
Tokyo stocks slipped in Thursday morning trade, losing early gains that came after Wall Street edged to new records and as the weaker yen boosted exporter shares. The benchmark Nikkei 225 index, which opened 0.43 per cent higher, was down...
Chinese shares were lower in morning trade on Thursday on fears of more new share offers, dealers said. The benchmark Shanghai Composite Index fell 0.50 per cent, or 10.27 points, to 2,049.15. The Shenzhen Composite Index, which tracks stocks on...
Hong Kong shares opened flat on Thursday as a second straight record close on Wall Street was offset by profit-taking after a recent run-up. The benchmark Hang Seng Index edged up 3.98 points to 23,553.6, according to AFP.
The Dow and S&P 500 edged to new records on Wednesday ahead the official US jobs data for June, with the outlook buoyed by a strong ADP private sector report. The Dow Jones Industrial Average gained 20.17 points (0.12 per...
Europe's main stock markets closed mixed on Wednesday, with Frankfurt's DAX 30 up 0.09 percent to 9,911.27 points. London's FTSE 100 index of top companies ended up 0.20 percent at 6,816.37 while the CAC 40 in Paris fell 0.37 percent...
Oil prices dropped on Wednesday as dealers awaited the release of a US stockpiles report for clues about demand in the world's top crude consumer. Brent North Sea crude for delivery in August dropped 57 cents to stand at $111.72...
A total of 126,489 Bangladeshi army, navy, air force and police personnel so far took part in the UN peacekeeping missions in different regions of the world, Foreign Minister AH Mahmood Ali said in the Jatiya Sangsad (Parliament). Of them,...
The situation in Bangladesh is ‘far better’ for investment than in any earlier time, International Monetary Fund (IMF)’s Deputy Managing Director Naoyuki Shinohara has observed. Besides the ‘friendlier’ environment for investment, IMF’s Deputy Managing Director Naoyuki Shinohara has appreciated the...
The prices of most of the shares in Australia's capital markets witnessed positive trend on Thursday. Sydney stocks were higher 0.43 per cent at close, according to AFP.
Prime Minister Sheikh Hasina has said that she is hopeful for a positive verdict in favour of Bangladesh in the Bay of Bengal maritime boundary dispute with India. ‘Like Myanmar, I hope that the verdict will go in favour of...
A man was stabbed to death by miscreants at Dakhkhin Manda at Mugda in the city early Thursday. The deceased was identified as Shahidul Islam, 50, a printing press worker and son of Akkas Ali, resident of house no 537,...
President Barack Obama says that nearly four years after Congress toughened bank regulations, the financial sector is still in need of more rules. He says bank customers need to be better protected against failed risk-taking. Obama says the changes he...
The Bombay Stock Exchange, India’s second-biggest financial market, shut down during morning trade on Thursday owing to computer network problems, a spokesman said. ‘Due to a network outage being currently faced, BSE has decided to close all markets,’ spokesman Yatin...
Pop star Shakira will perform before the World Cup final in Rio de Janeiro on July 13, headlining a closing ceremony that includes guitar virtuoso Carlos Santana and rapper Wyclef Jean. Shakira, who is making her third straight World Cup...
FE Online Report | 2014-07-03 00:00:00
The prices of most of the shares on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw upward trend in early hours of trading on Thursday, the last trading day of the week. DSEX, the prime index of the...
A member of United People’s Democratic Front (UPDF) was shot dead in an attack by miscreants at Boroichhori Chakma Para village in Guimara upazila of Khagrachhari early Thursday. The deceased was identified as Jyotirmoy Chakma, 42, a resident of the...
A minor girl drowned in a pond in Hariadeara village in Jhikargachha upazila of Jessore district on Wednesday. The deceased was identified as Suraiya Khatun, 4, daughter of Zakir Hossain of the village. Family sources said Suraiya drowned in the...
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