FE ReportThe government's tax-revenue collection registered a 14 per cent growth during the first two months of the current fiscal over the corresponding period of last fiscal, despite a significant shortfall against the target.The National Board of Revenue (NBR) collected...
Shakhawat Hossain A move is on to extend the deadline for submission of income tax returns for the current assessment year by at least one month, sources said.However, the National Board of Revenue (NBR) has not yet taken a firm...
FE Report Former adviser to the caretaker government Wahiduddin Mahmud said Thursday the country's democracy will be strengthened only if the economy moves forward."One does not need be a genius to figure out this simple linkage between economy and democracy...
FE Report Myanmar's private sector exporters are interested to export to Bangladesh 100 thousand (1 lakh) tonnes of rice at Free on Board (FoB) price of about US$270 per tonne, official sources said. The commerce ministry has already told the...
FE ReportThe Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka welcomed Thursday the decision of the Bangladesh Bank not to pursue the action plan under its mid-year monetary policy statement (MPS) which was announced on July 12 last. "The Bangladesh...
A special court in Dhaka Thursday sentenced former National Board of Revenue (NBR) member ATM Sarwar Hossain to eight years in jail in his absence for evading taxes and tampering with income tax (IT) returns, reports bdnews24.com.The court simultaneously slapped...
A Dhaka court Thursday refused to accept a bail appeal for former prime minister Khaleda Zia in GATCO corruption case taken under the cover of emergency powers rules (EPR), reports bdnews24.com. Dhaka metropolitan senior special judge M Azizul Haque asked...
The government has decided to appoint Debapriya Bhattacharya, executive director of Centre for Policy Dialogue (CPD), as the next Ambassador and Permanent Representative of Bangladesh to the UN Offices in Geneva, said an official announcement, reports UNB.Born in 1956, Bhattacharya...
Amy YeeFT Syndication ServiceNEW DELHI: Citigroup has become the first foreign bank to receive a merchant banking licence in Bangladesh, reflecting keen interest in offering advisory services to a promising economy led by high-growth industries such as garment manufacturing. The...
CHITTAGONG, Sept 20 (bdnews24.com): A madrasah administrator Thursday filed a defamation case against the editor, publisher and freelance cartoonist of Bangla daily Prothom Alo with a Chittagong court. Patiya Al Jameya Al Islam Madrasah's administrative officer Mohammad Reza filed the...
The Anti-Corruption Commission (ACC) has approved the investigating officer's (IO) application to bring the Tk 30 million (3.0 crore) graft case filed against detained former Prime Minister Sheikh Hasina and six others under the Emergency Powers Rules (EPR), 2007 with...
A Chinese company will set up a casting manufacturing industry in the Karnaphuli Export Processing Zone (KEPZ). The company, M/s Bangladesh Vilia Casting Pvt Ltd, will invest US$ 4.16 million (41.6 lakh) and produce casting, which includes lampost, grill, steel...
A decision would be taken soon for expansion of the Banani graveyard in the city in order to solve the burial problem. A government handout Thursday said Rajuk would hand over about 12 bighas of land, recovered from land grabbers...
M Azizur RahmanSoaring petroleum prices in the international market have put the government in a difficult situation as the losses of the cash-strapped Bangladesh Petroleum Corporation (BPC) are mounting."The BPC has already incurred a fresh loss of over Tk 6.50...
Bangladesh Rifles (BDR) Director General (DG) Maj Gen Shakil Ahmed Thursday said prices of essentials have become stable now and would come to a reasonable level by December or January next, reports UNB."The prices were at an exorbitant level at...
FE Report The Ministry of Finance (MoF) Thursday advised the central bank to instruct all the commercial banks for maintaining relationship with their clients neutrally, official sources said.The Bangladesh Bank will is expected to issue a circular to the commercial...
FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) continued to surge for the second consecutive day Thursday due to buying spree by the investors.A Chief Executive Officer (CEO) of a brokerage house told the FE that the prices...
David Pilling FT Syndication ServiceTOKYO: Sentiment among big Japanese businesses improved in the three months to end-August, according to figures released on Thursday, suggesting that companies have not lost confidence as a result of recent market turbulence.The finance ministry data,...
The Anti-Corruption Commission (ACC) Thursday submitted charge-sheet against 25 individuals including two former ministers and three ex-secretaries and RAJUK officials in a case filed for selling 18 RAJUK houses in the city's posh areas at very low prices, reports UNB."Charge...
FE Report The Bangladesh Bank (BB) has asked two state-owned specialised banks to intensify disbursement of fresh agricultural credit to the flood-hit farmers across the country, official sources said.The instruction came at a review meeting of the Memorandum of Understanding...
The Afghan government has expressed optimism in the ongoing effort to release abducted BRAC official Nurul Islam, an adviser said Thursday, reports bdnews24.com.Foreign Adviser Iftekhar Ahmed Chowdhury told reporters: "The Afghan foreign office has communicated with us today (Thursday) that...
FE ReportThe debut trading of the Phoenix Finance and Investments Ltd (PFIL), delayed by several days, is likely to take place on the Dhaka Stock Exchange (DSE) on September 27 next following clearance from the Securities and Exchange Commission (SEC).The...
FE ReportThe US dollar retained its steady level against the Bangladesh taka (BDT) Thursday in the inter-bank foreign exchange market although the demand for the currency was high. The inter-bank call money rate was also steady in an active market,...
The death toll from snakebite, drowning, diarrhoea and respiratory diseases rose to 984 until Thursday since the country-experienced flood from July, reports UNB. According to statistics provided by the Health Department, of the total deaths, 837 were caused by drowning,...
The well-marked low over west central Bay and adjoining Andhra coast moved slightly northwards and until 12:00 noon is lying over west central Bay and adjoining northwest Bay off Orissa coast, reports UNB.It is likely to intensify further and move...
Pakistan High Commissio-ner (HC) in Bangladesh Alamgir Babar handed over shipping documents for 10,000 tonnes of wheat to Foreign Adviser Iftekhar Ahmed Chowdhury in his office in the city Thursday, reports UNB.This shipment is a gift from the government and...
CHUADANGA, Sept 20 (UNB): A Bangladeshi farmer was shot dead by Indian Border Security Force (BSF) at Medenipur frontier village under Jibonnagar Upazila Wednesday night.Villagers said while Shafiqul Islam (30), was guarding his aubergine field, BSF troops of Kutikhali outpost...
Mob lynched a suspected mugger at Rajarbagh in the city Thursday, reports UNB. The victim was identified as Ainal (26). Locals caught Ainal at about 12:00 noon while he was snatching valuables from a man. He was beaten black and...
FE ReportBritish Council (BC) is going to organise a creative writing workshop for young writers under its central and South Asia regional project, New Silk Route.BC is looking for 20 emerging creative writers (writing in English language), between the ages...
A USA-Turkey company is going to invest US$ 5.548 million to set up a garments accessories manufacturing industry in the Adamjee Export Processing Zone, reports UNB.Hundred per cent foreign owned company, r-Pac Bangladesh Packaging Co Ltd, will produce barcode, price...
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