DOULOT AKTER MALA | 2023-06-26 00:00:00
Taxmen will act as judges too as Bangladesh's new income-tax law vests in them judicial power to try tax delinquencies, for the first time, in government bid to enhance revenue. The tax collectors can pronounce 'verdict' in the fashion of...
FE REPORT | 2023-06-26 00:00:00
Parliament passed the Finance Bill 2023 Sunday sans the much-debated provision for Tk 2000 proposed as all-inclusive individual income tax.A specific duty on import of fuel oils was also scrapped by reinstating the previous ad-valorem taxes (tax on value) as...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Khulna, Barishal, Chattogram and Sylhet divisions in the next 24 hours from 06:00 am today (Monday), according to the Met Office.Day and...
FE REPORT | 2023-06-26 00:00:00
Holy Family Red Crescent hospital, entrusted with providing essential healthcare services, has been marred by allegations of extensive corruption and irregularities, according to Transparency International, Bangladesh (TIB). The anti-corruption watchdog has pointed to the monopolistic power of the hospital's chairman,...
Bangladesh has recorded 121 new cases of COVID-19 in a day, taking the overall tally of infections to 2,042,252, reports bdnews24.com.The death toll from the disease rose by two in 24 hours to 29,461, according to the latest government data...
Senior Secretary of Defence Ministry Golam Md Hasibul Alam poses with other high officials of the ministry at the Annual Performance Agreement 2023-2024 signing programme at the Defence Ministry in the city's Sher-e-Bangla Nagar on Sunday — ISPR
FE REPORT | 2023-06-26 00:00:00
The elderly family members of both domestic and international migrants suffer from anxiety, insecurity, loneliness and neglect as social cost of migration of their offspring, according to a survey. The survey styled 'Social Cost of Migration on Left-behind Elderlies and...
Tribunal on Sunday fixed July 17 for handing down the verdict in a money laundering case filed against SM Golam Kibria Shamim, known as GK Shamim, and his seven bodyguards, reports BSS.Judge Mohammad Nazrul Islam of Dhaka Special Judge Court-10...
Ishrat Mirza Khushi,the vice-president of Mohila Dal and the younger sister of BNP standing committee member Mirza Abbas, died at her Shahjahanpur residence on Sunday. She was 56, reports UNB.Ishrat Mirza died while she was asleep around 12pm, BNP chairperson's...
A new political party named Humanity Revolution, Bangladesh on Sunday received its registration certificate with the Election Commission (EC), reports UNB. Secretary General of the party Sheikh Rahan Afzal Rahbar received the registration certificate from Secretary of Election Commission Jahangir...
State Minister for Foreign Affairs Md Shahriar Alam on Sunday said those who at home and abroad are trying to undermine Bangladesh peacekeepers' achievements in the UN missions are enemies of the country, reports UNB."It is very unfortunate. They are...
The International Crimes Tribunal (ICT) on Sunday sentenced four war criminals, including Jashore's Md Amzad Hossain Mollah, to death for crimes against humanity during the Liberation War in 1971, reports UNB.The other three convicts are Wahab Mollah, Md. Mahtab Biswas...
Awami League (AL) General Secretary Obaidul Quader on Sunday said BNP's public support has declined to 10 per cent due to its constant negative politics, reports BSS."It should be thought whether BNP's public support has declined to 10 per cent...
NEW DELHI, June 25 (Reuters): Amazon.com Inc said on Friday it will take its investments in India to $26 billion by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister...
LONDON, June 25 (Reuters): The world's central bank umbrella body, the Bank for International Settlements (BIS), called on Sunday for more interest rate hikes, warning the world economy was now at a crucial point as countries struggle to rein in...
British equities slipped on Friday with homebuilders leading declines, rounding off a week filled with losses after the Bank of England's bumper rate hike, while drugmaker GSK jumped after reaching a settlement in its heartburn drug litigation, reports Reuters.The benchmark...
LONDON, June 25 (Reuters): Foreign investors hoping for a game-changing rate hike from Turkey's newly appointed central bank chief said Thursday's disappointing move to a key rate of just 15 per cent could keep some money on the sidelines.The appointment...
The promise of more policy stimulus, under-representation in investor portfolios and potential earnings upgrades are piquing investors' interest in Chinese markets despite a weaker-than-expected recovery after the country's re-opening from COVID-19, reports Reuters.Chinese equities have lagged markets in the US,...
The 59th meeting of the risk management committee of the board of directors of Shahjalal Islami Bank Limited was held recently at its corporate head office. The meeting was presided over by Md Towhidur Rahman, chairman of the risk management...
Bangladesh House Building Finance Corporation (BHBFC) has been awarded the first prize for implementation of the Annual Performance Agreement (APA). Secretary of the Financial Institutions Division (FID) of the Ministry of Finance Sheikh Mohammad Salim Ullah handed over the prize...
Secretary of Financial Institutions Division Sheikh Mohammad Salim Ullah and Managing Director of Bangladesh Krishi Bank Md Shawkat Ali Khan signed Annual Performance Agreement (APA) for fiscal year 2023-24 on Sunday.
Sonali Bank Limited was awarded for securing the top position among all the government banks in implementing the Annual Performance Agreement (APA) in 2021-22 among state-owned commercial banks of the Financial Institutions Division under the Ministry of Finance. The signing...
Bashundhara Toiletries Limited, a new venture, started its journey on Sunday, says a press release. Safwan Sobhan Tasvir, Vice Chairman of Bashundhara Group, inaugurated the new company as the chief guest at a grand programme at the International Convention City...
Mutual Trust Bank Limited (MTB) has recently opened its 120th branch at Tejgaon, Dhaka. Syed Mahbubur Rahman, managing director & CEO of the bank, inaugurated the branch as the chief guest at the branch premises.
FE REPORT | 2023-06-26 00:00:00
MK Footwear is set to begin trading on the SME platform of the Dhaka Stock Exchange and the Chittagong Stock Exchange today (Monday).The 100 per cent export-oriented footwear maker raised Tk 100 million through a qualified investors offer (QIO) in...
In its 36th annual general meeting (AGM) on Sunday, Eastland Insurance Company Ltd announced the approval of a 10 per cent cash dividend for the year 2022 as recommended by the board of directors. The virtual meeting, presided over by...
FE REPORT | 2023-06-26 00:00:00
Five companies listed in the Dhaka Stock Exchange (DSE) have been downgraded to Z category with effect from Sunday as they failed to declare dividends for more than two years. Among the firms, Ratanpur Steel Re-rolling Mills (RSRM), Shurwid Industries,...
US business activity fell to a three-month low in June as services growth eased for the first time this year and the contraction in the manufacturing sector deepened, closely watched survey data out Friday showed, reports Reuters.The overall picture, though,...
Hong Kong's Cathay Pacific Airways on Friday forecast its first half-year profit in three years, buoyed by a strong rebound in travel demand and one-off gain from a stake sale in Air China, reports Reuters.The city's flagship carrier had posted...
LAS VEGAS, June 25 (Reuters): Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the battery metal to meet the world's aggressive electrification timelines.Once a niche metal...
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