MOHAMMAD MUFAZZAL | 2024-06-07 00:00:00
Individual investors are going to be subject to scrutiny of their beneficiary owner's (BO) accounts by the revenue authority for the first time ever for capital gain tax for FY25. According to the proposed budget unveiled by the finance minister...
FE REPORT | 2024-06-07 00:00:00
Market operators and experts have given mixed reactions to measures announced for the secondary market in the proposed budget for FY25.Finance Minister Abul Hassan Mahmood Ali finally went ahead with the capital gain tax, allowed undisclosed money into stocks, apartments,...
The government has allocated Tk 74.74 billion for the Liberation War Affairs Ministry in the proposed budget for the fiscal year (FY) 2024-25, reports BSS.The allocation is Tk 2.46 billion higher than the revised budget of Tk 72.43 billion of...
FE REPORT | 2024-06-07 00:00:00
Treatment in the country, certainly in specialised hospitals, is expected to be costlier as a higher custom duty has been proposed on the import of medical equipment and supplies by referral hospitals.Finance Minister Abul Hassan Mahmood Ali said in his...
FE REPORT | 2024-06-07 00:00:00
The government is set to allocate a total of Tk 2 billion for the development of renewable energy and to explore the potential of marine resources for the first time."Considering the importance of renewable energy in building a developed, prosperous,...
PARIS, June 6 (AFP): Novak Djokovic confirmed on Thursday he had undergone an operation on his right knee that he injured at the French Open and that it "went well", but gave no timeframe for his return.The 24-time Grand Slam...
LOS ANGELES, June 6 (AFP): Former US Army lieutenant general Reynold Hoover was named as the new chief executive of the Los Angeles 2028 Olympic Games organizing committee on Wednesday.The 63-year-old ex-soldier will assume day-to-day control of the organizing committee...
The 48th National B Chess Championship begins today (Friday) at Bangladesh Chess Federation hall-room, reports BSS.A total of thirty six players including three International masters Mohammad Fahad Rahman, Md Minhaz Uddin and Abu Sufian Shakil, ten FIDE masters, one woman...
BUENOS AIRES, June 6 (AFP): Argentina goalkeeper Emiliano Martinez says he is ready to "fight" with his club Aston Villa over being able to feature at this year's Olympic Games.Clubs are not obliged to release players for the Olympic football...
KOLKATA, June 6 (AFP): Indian football legend Sunil Chhetri was set for his final international Thursday, ending a career for his country spanning two decades that put him among the world's all-time leading scorers.The 39-year-old forward said last month that...
NEW YORK, June 06 (Agencies) Ireland will bank on their experienced batters Andy Balbirnie, Paul Stirling and Harry Tector to recover from the pummeling given by India and get their T20 World Cup campaign back on track when they face...
NEW DELHI, June 09 (Agencies): India's first game of the 2024 T20 World Cup vs Ireland in New York was played in front of many empty seats and the International Cricket Council's (ICC) inflated pricing and a very subdued marketing...
There are no plans in place to move any T20 World Cup fixtures out of New York despite growing fears over substandard pitches, reports BBC Sport.Serious concerns are mounting over the unpredictable nature of the drop-in surfaces at the Nassau...
BRIDGETOWN, Barbados, June 06 (AFP): Marcus Stoinis shone with bat and ball as Australia launched their bid for a grand slam of major cricket titles with a 39-run victory over Oman at the T20 World Cup in Barbados on Wednesday.Stoinis...
As Dallas hosts several matches of the ICC Men's T20 World Cup, the city's burgeoning cricket scene remains largely unnoticed by many of its residents, including an Ethiopian cab driver who expressed surprise upon learning about the tournament, reports UNB.The...
Foreign Exchange Corporate Branch of Islami Bank Bangladesh PLC organised a client get-together focused on foreign currency deposit accounts and cards on the branch premises on Wednesday. Muhammad Qaisar Ali, Additional Managing Director of the bank, addressed the programme as...
ICB Capital Manage-ment Limited (ICML) has launched three new investment products -- 'TIP Sanchita' for women, 'TIP Swadesh' for non-resident Bangladeshis, and 'TIP Sankalpa' for students.The ICML introduced these TIP (Term Investment Plan) products in a significant step towards expanding...
LONDON, June 6 (Reuters): Oil extended gains on Thursday, as support from growing expectations of an interest rate cut from the US Federal Reserve in September outweighed higher US inventories and OPEC+ plans to gradually increase supply.Brent crude futures were...
BENGALURU, June 6 (Reuters) - Indian shares ended higher for the second straight day on Thursday as investors moved past shock election results and awaited the formation of a coalition government.The NSE Nifty 50 index ended 0.89% higher at 22,821.40...
NEW YORK, June 06 (Reuters): The US Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft (MSFT.O), opens new tab, OpenAI and Nvidia play...
Finance Minister A H Mahmood Ali said the government will introduce a credit scoring system utilizing artificial intelligence (AI) and machine learning technology to facilitate loan services from these digital banks."A credit scoring system utilizing artificial intelligence and machine learning...
Agriculture Minister Dr. Md. Abdus Shahid goes round different stalls after inaugurating the three-day fruit fair at KIB of Khamarbari in the city's Farmgate area on Thursday. State Minister for Commerce Ahsanul Islam Titu was also present. They also attended...
Social Islami Bank distributed agricultural investment among marginal farmers in Satkhira at an event organised by Satkhira Branch on Thursday. Zafar Alam, Managing Director & CEO, presided over the programme while SM Hasan Reza, Executive Director of Bangladesh Bank, was...
Southeast Bank Training Institute successfully organised a five-day Foundation Training Course for its newly appointed 37 Trainee Assistant Officer (Cash) recently. Nuruddin Md. Sadeque Hossain, Managing Director of the bank, was present at the training programme.
Mutual Trust Bank PLC celebrated the World Environment Day 2024 in collaboration with C3ER of BRAC University on Wednesday. They jointly organised various programmes such as project idea pitching, quiz café, exhibition of photos, art, and green products. The event...
NAZIMUDDIN SHYAMOL | 2024-06-07 00:00:00
CHATTOGRAM, June 06: Both the Chittagong Chamber of Commerce and Industry (CCCI) and the Chittagong Metropolitan Chamber of Commerce and Industry (CMCCI) welcomed the proposed budget for the next fiscal year, praising its "pro-people and business-friendly".The Chittagong chamber appreciated the...
FE REPORT | 2024-06-07 00:00:00
Finance minister Abul Hassan Mahmood Ali on Thursday proposed increasing the minimum value of certain imported products, including printed cotton and synthetic fabrics, to safeguard the local industry.In the proposed budget for fiscal year 2024-25, he suggested raising the value...
FE REPORT | 2024-06-07 00:00:00
The American Chamber of Commerce in Bangladesh (AmCham) has said it believes budget execution is what matters in the end and should be measured for quantity and quality.Responding to the proposed budget for the fiscal year 2024-25, the bilateral chamber...
YASIR WARDAD | 2024-06-07 00:00:00
After sourcing 3.18 million tonnes of food grain for public food warehouses in the outgoing financial year, the government has downsized its target of procurement in the national budget for FY'25 -- 2.98 million tonnes of staples.Allocation for food procurement...
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