SIDDIQUE ISLAM | 2020-07-01 00:00:00
Top executives of the non-bank financial institutions (NBFIs) have sought Tk 100-billion emergency support from the central bank to meet liquidity requirements amid the COVID-19 pandemic.The support was sought in a meeting with the leaders of Bangladesh Leasing and Finance...
Doulot Akter Mala | 2020-07-01 00:00:00
The VAT intelligence wing on Tuesday backtracked from its move to make the return submission mandatory for bank loan applicants.The wing scrapped its previous decision so that affected businesses can avail the stimulus cash doled out by the government to...
REZAUL KARIM | 2020-07-01 00:00:00
Government monitoring teams have identified increase in transport costs, price hike by rice millers, and massive purchase of paddy from the farmers as possible reasons for a recent surge in rice prices, officials said.The teams of state-run Directorate of National...
BABUL BARMAN | 2020-07-01 00:00:00
Earnings per share (EPS) of most of the listed banks marked rise in the first quarter (Q1) for January-March, 2020 compared to the same quarter of the previous year despite Covid-19 pandemic.EPS is the portion of a company's profit that...
Syed Badrul Ahsan | 2020-07-01 00:00:00
These are abnormal times we are expected to refer to as the new normal. That is but one of the many changes the Covid-19 pandemic, or the coronavirus, has been inflicting on life all across the globe. With more than...
REZAUL KARIM | 2020-06-30 00:00:00
A government body has suggested banning the sale of inferior-quality health safety gear on footpaths in the interest of the consumers, officials said.The directorate of national consumer rights protection (DNCRP), which operates under commerce ministry, has made the recommendations to...
SYFUL ISLAM | 2020-06-30 00:00:00
Tanners will get loans from Covid-19 incentive packages to buy raw hides during the upcoming Eid-ul-Azha, a meeting has decided.The financial institutions division at a meeting on Monday asked the central bank to incorporate the 'tannery loans' in any of...
Doulot Akter Mala | 2020-06-30 00:00:00
The government has allowed the people holding undisclosed money to dispose of their investment in equities after a year instead of three, in a move to breathe new life into the ailing capital market.The go-ahead came on Monday as the...
Mohammad Mufazzal | 2020-06-30 00:00:00
Six institutions have sought the regulatory intervention for removing an asset management company (AMC) from its job of managing two closed-end mutual funds (MFs).The institutions have urged the securities regulator to intervene in changing the AMC through a letter sent...
TALHA BIN HABIB | 2020-06-30 00:00:00
The ministry of industries (MoI) has taken an initiative to increase alcohol production amid growing demand for it due to ensuring hygiene following the outbreak of coronavirus in the country, said a senior official. He said the MoI has already...
Katie Clift and Alexander Court | 2020-06-30 00:00:00
With still more than 1,000 cases of Covid-19 diagnosed daily (as of 24 June), Hong Kong SAR and its communities have been in need of support for several months.Strategic Partner of the WEF and leading financial market operator, HKEX, has...
Md. Abul Kalam Azad | 2020-06-30 00:00:00
It's not possible to implement all objectives of the national budget, in keeping with all recommendations made by economists, businessmen and other stakeholders. Computing the budget in the light of targeting actual social problems and economic development goals is hardly...
Shamsul Huq Zahid | 2020-06-29 12:00:00
Though belated the reality has dawned on the government, but at a huge cost. It has reportedly decided to scrap power purchase contracts with a number of private rental and quick rental power plants. The government was making 'capacity' payments...
Nazimuddin Shyamol | 2020-06-29 00:00:00
CHATTOGRAM, June 28: Work of the Single Point Mooring (SPM) project at Moheshkhali in Cox's Bazar is now progressing slowly due to the coronavirus pandemic.Even though the work is not progressing in full swing, the authority concerned is trying their...
SYFUL ISLAM | 2020-06-29 00:00:00
The High Court has stayed an order of Director General of Department of Shipping (DoS) which had asked the shipping lines not to realise container detention charge during Covid-19 pandemic linked holidays.The Bangladesh Container Shipping Association (BCSA) had moved to...
DoulotAkter Mala | 2020-06-29 00:00:00
A vested quarter is allegedly legalising their black money by taking advantage of the tax benefit meant for the fish farmers.Fish farmers have alleged that despite having no such business, some people were showing income from fish farms due to...
REZAUL KARIM | 2020-06-28 00:00:00
The government of Bangladesh has planned to complete discussions on signing of preferential trade agreements (PTAs) with Indonesia and Nepal through virtual meetings shortly, sources said.Most recently, Bangladesh and Bhutan have agreed to sign PTA through a daylong videoconferencing by...
M. Jahangir Alam Chowdhury | 2020-06-28 00:00:00
"The system was not built for families like mine to succeed, regardless of how hard my mum worked." This is a quote from the letter that Mr. Marcus Rashforrd has recently written to the MPs of the United Kingdom in...
Landry Signé | 2020-06-27 12:00:00
Despite apocalyptic predictions, Africa may be better positioned than many think to weather the combined shock of the Covid-19 pandemic, collapsing commodity prices, and global economic recession, assuming its leaders act wisely. While African economies' performance has varied, overall progress...
MUNIMA SULTANA | 2020-06-27 00:00:00
The metro rail company has initiated to resume work on 20-kilometre open space to build an elevated structure through checking workers' health amid coronavirus.Sources said contractors have been asked to engage their workers after testing COVID-19 and maintain the time...
Nazimuddin Shyamol | 2020-06-27 00:00:00
CHATTOGRAM, June 26: The Karnaphuli tunnel project is unlikely to be completed within the scheduled time due to the outbreak of coronavirus in the country. The construction work of Karnaphuli Tunnel project almost came to a halt during the period...
DOULOT AKTER MALA | 2020-06-27 00:00:00
Two major fiscal measures regarding Value Added Tax or VAT may be revised in the Finance Bill, after widespread criticism.The measures include input credit on the basis of consumption and depositing higher amount of disputed VAT for filing appeal.Both businesses...
MOHAMMAD MUFAZZAL | 2020-06-27 00:00:00
The volume of investors' fund, allegedly, embezzled by the owners of the Crest Securities Ltd., a member of the Dhaka Stock Exchange (DSE), could be sizeable, sources said. The brokerage firm, according to sources in the central Depository Bangladesh Limited...
Babul Barman | 2020-06-27 00:00:00
Stocks posted a modest gain in the outgoing week although investors were mostly inactive throughout the week due to pandemic fears and floor price limitation.Week-on-week, DSEX, the key index of the Dhaka Stock Exchange, went up by 8.70 points or...
Dilip Barua | 2020-06-27 00:00:00
The British had entered China as opium businessmen. Later on, they occupied Hong Kong as their colony in 1841. After occupying Hong Kong the UK government had implemented a highly-centralised political system. Hong Kong's colonial governors were appointed by the...
Tapash Chandra Paul | 2020-06-27 00:00:00
Plagues and epidemics have ravaged humanity throughout its existence, often changing the course of history and, at times, signaling the end of entire civilizations. Over the last century quite a number of plagues, epidemics have pulverised the human race.The Spanish...
SYFUL ISLAM | 2020-06-26 00:00:00
The government has moved to simplify the repatriation process of foreign investment and profit by removing the existing barriers forattracting the businessesbeing relocated by the global conglomerates amid the Covid-19 pandemic.As the pandemic has lashed the global economy, many multinational...
TALHA BIN HABIB | 2020-06-26 00:00:00
The Bangladesh Small and Cottage Industries Corporation (BSCIC) authority will launch an online marketing platform to help market the products being produced by cottage,micro,small and medium (CMSM) entrepreneurs of the country. "We will launch an online marketing platform so that...
Shamsul Huq Zahid | 2020-06-26 00:00:00
It is not long ago when power outage, popularly known as load-shedding, had reached its extreme point. Industries, commercial establishments and residential houses had to go without power for a considerable period of time, particularly during the summer season. Frequent...
Asjadul Kibria | 2020-06-26 00:00:00
The piece of news that China has allowed tariff-free market access to 97.0 per cent of Bangladeshi product comes at a time when the country is struggling to intensify its fight against the spread of coronavirus. Without delving deep into...
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