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Photo: SEOUL: South Korea\\\'s FC Seoul defender Cha Du-Ri (L)

2014-04-24 00:00:00

Tax holiday continuation for demutualised bourses urged

FE Report | 2014-04-24 00:00:00

The country's two bourses proposed the government to continue the existing tax holiday facility for the demutualised entities and set corporate tax rate on the basis of holding period of share in the next budget for fiscal year 2014-15. Leaders...

41st AGM of BAT Bangladesh held

2014-04-24 00:00:00

The 41st  Annual General Meeting of British American Tobacco Bangladesh Company Limited was held at the Pan Pacific Sonargaon Hotel in Dhaka on Wednesday with Mr. Golam Mainuddin, Chairman, British American Tobacco Bangladesh, in the chair, said a press release....

Reduced rate of call termination to boost govt revenue

FE Report | 2014-04-24 00:00:00

The telecom ministry has slashed Voice over Internet Protocol (VoIP) call rate by 50 per cent to curb illegal business of the sector. The new rate of the much-talked-about VoIP call will be US$1.5 cents instead of $3.0 cents. "We...

Investors go for buying spree

FE Report | 2014-04-24 00:00:00

Stocks extended its gaining streak for the fifth consecutive session on Wednesday with significant increase in turnover as investors went for buying spree on large cap stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by...

News Brief

2014-04-24 00:00:00

GP becomes top turnover leader Grameenphone (GP), the country's leading mobile phone operator, emerged as the top turnover chart at the Dhaka Stock Exchange (DSE) on Wednesday following the news on GP's plan to enter in fixed WiMax service. GP...

Photo: National Life Insurance Company Limited

2014-04-24 00:00:00

Photo: Agni Systems Ltd. and ADN Telecom Ltd,

2014-04-24 00:00:00

Fixed WiMAX broadband internet service launched

FE Report | 2014-04-24 00:00:00

Country`s leading telecom operator Grameenphone along with two Internet Service Providers (ISP) -- Agni Systems Ltd. and ADN Telecom Ltd.- jointly launched fixed WiMAX broadband internet service in the city on Wednesday. The companies will provide the service under the...

Photo: NCC Bank Ltd

2014-04-24 00:00:00

Photo: On Earth Day

2014-04-24 00:00:00

Guidelines for banks for safe lending

Syed Ashraf Ali | 2014-04-24 00:00:00

For some years now non-performing loans continue to pose a serious threat to the health of the country's financial institutions. The problem of lending money has assumed new dimension on account of sluggish demand for loans on the one hand...

Times of India, Dr. Subramanian Swamy and water issues

M. Serajul Islam | 2014-04-24 00:00:00

A Times of India (TOI) report, a BJP leader's statement and a particular talk show should wake up the spirits of millions who became martyrs in 1971 in disbelief about what is happening in present-day Bangladesh. The TOI report concerned...

Can Ticfa deliver favourably for Bangladesh?

2014-04-24 00:00:00

The first meeting of Trade and Investment Cooperation Forum Agreement (Ticfa) between Bangladesh and the United States is scheduled to be held in Dhaka on April 28. This will take place against the backdrop of the long-drawn controversies prior to...

Strengthening railways

Rahman Jahangir | 2014-04-24 00:00:00

A Bangladeshi employed with the Swedish railway for the last 20 years said the other day only eight trains running round-the-clock from Uttara to Gulistan via Mirpur could relieve hundreds of thousands of Dhakaites of the limitless agony they suffer...

Traffic management - if we could do then, why not now?

Shaikh Saleque | 2014-04-24 00:00:00

The capital city dazzled with sparkling lights, cleaner roads and colourful hoardings during the T20 World Cup Cricket. The roads, road islands and important intersections were magnificently decorated. It is learnt that the government spent Tk 1.15 billion to give...

Weather hot while power fails

2014-04-24 00:00:00

There is a popular saying, "What you want, you do not get; you get, what you do not want". In this hot weather, we badly need electricity that we unfortunately do not get; we get "load shedding", what we do...

New air-conditioned taxi: A welcome change

2014-04-24 00:00:00

As a commuter I am glad to see new service of air-conditioned taxis has been launched in Dhaka. It will bring a little comfort to the life of the city-dwellers which they were desperately waiting for. I hope more such...

Non-conventional energy and solar inverters

Jibon Krishna Modak | 2014-04-24 00:00:00

The article focuses on the use of solar power in a particular and effective way. These days we find many people using solar inverters. Among other things, it amply proves that the necessity and acceptability of this solar power-run device...

Lessons from Rana Plaza collapse and Sewol ferry disaster

Mehdi Mahbub | 2014-04-24 00:00:00

Would April be a month of grief and pains for the peoples of Bangladesh and Korea? When the people of Bangladesh are remembering with sorrow and tears the first anniversary of the disastrous building collapse at Rana Plaza in Savar,...

Remembering the Atiar Chand

Wajid Ali Khan Panni | 2014-04-24 00:00:00

The Zamindari system, which once played a dominant role in the socio-economic life of this country, is non-existent now. It has now become a subject of academic discussion only. Vanity, power, pomp, luxury and torture became synonymous with the Zamandari...

DCCI proposals at pre-budget meeting with NBR

FE Report | 2014-04-24 00:00:00

Dhaka Chamber of Commerce and Industry (DCCI) has proposed the government to increase the tax-free ceiling for individual taxpayers, relax existing surcharge rate on wealth and cut corporate tax in the next budget. A team of DCCI, led by its...

Mustafa Kamal seeks Dutch, Austrian investments in power, energy

FE Report | 2014-04-24 00:00:00

Planning Minister AHM Mustafa Kamal urged Denmark and Austria to invest more in Bangladesh, especially in the country's power and energy sector and skills development. The minister requested the two European envoys in Bangladesh when they called on him at...

FICCI urges enhancing duty, tax benefits for industries sector

FE Report | 2014-04-24 00:00:00

Foreign Investors' Chamber of Commerce & Industry (FICCI) Bangladesh Wednesday demanded that the government waive supplementary duty on the raw materials for import-substitute industries. It has also urged reduction in issuing frequent Statutory Regulatory Orders (SROs), which eventually increases production...

Tax on soft drinks up by 10pc

FE Report | 2014-04-24 00:00:00

The National Board of Revenue (NBR) has hiked tax on soft drinks by 10 per cent in a bid to stem the abuse of reduced tax rate by making it rational with energy drinks. The board has issued a Statutory...

China to open new areas to private investors

2014-04-24 00:00:00

BEIJING, Apr 23 (AFP): China will launch 80 new pilot projects allowing private investment in areas previously dominated by state-run firms, official media reported on Wednesday. The report follows an earlier Communist Party pledge to let markets play a greater...

Eurozone deficits improve, debt mounts as crisis fades

2014-04-24 00:00:00

BRUSSELS, Apr 23 (AFP): Eurozone public finances improved in 2013 as the economy finally turned the corner on a record recession but total debt levels remained dangerously high, official data showed on Wednesday. The average eurozone government deficit -- the...

News Briefs

2014-04-24 00:00:00

RIL raises $550m from Japanese banks NEW DELHI, Apr 23: Reliance Industries Ltd (RIL) today said it has raised USD 550 million loan for part-funding expansion of its petrochemical plant and new gasification unit from Japanese banks. "In continuation of...

Photo: CPD chairman Prof Rehman Sobhan speaking at a CPD-organised dialogue

2014-04-24 00:00:00

Photo: Shahjalal Islami Bank Limited

2014-04-24 00:00:00