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VAT automation to take off

Syed Mansur Hashim | 2023-06-21 00:00:00

The National Board of Revenue (NBR) has finally taken a step in the right direction. It has decided to install, what is termed "Electronic Fiscal Device Management System (EFDMS)" and signed a Memorandum of Understanding with a publicly listed company...

Reaping possibilities of technology

M. Rokonuzzaman | 2023-06-21 00:00:00

In less developed countries, policy discourse on benefit from technology centres around adoption of imported varieties. Based on the belief that there has been a natural correlation between technology usage and economic prosperity, the predominant policy prescription has been to...

Deregulating bank interest regime

2023-06-21 00:00:00

To tame the runaway inflation and ensure price stability, the best practice in the free market economies is to control money supply through raising the interest rate by the central bank. In the face of high inflation, the country's central...

Concerns over cumulative corporate-tax buildup

DOULOT AKTER MALA | 2023-06-20 12:00:00

Concern brews about cumulative corporate-tax buildup from ancillary fiscal measures under the new income-tax law Bangladesh is poised to pursue, while redefining NGOs and academia as corporates is also decried. The Income Tax Law 2023 might come into antedated effect...

Health benefits of vitamin D

2023-06-20 12:00:00

Vitamin D is often called 'sunshine vitamin'. It is essential to human health and well-being. Although Bangladesh is a tropical country, many of its people are suffering from vitamin D deficiency. The prevalence of vitamin D deficiency in the country...

The flying rivers

Akber (AL) Hakim | 2023-06-20 12:00:00

"Flying Rivers" are a phenomenon discovered above the treetops of the Amazon rainforest where water vapor flows in narrow bands extending several thousand kilometers across the sky. The term was coined by Peruvian climatologist José Marengo and is also known...

People wait their turn in front of payment booths

2023-06-20 00:00:00

People wait their turn in front of payment booths at Mugda General Hospital in Dhaka to collect tickets for dengue tests on Monday. Two more people died from the mosquito-borne disease and a total of 323 people were hospitalised with...

BD inks LNG supply deal with OQ Trading

FE REPORT | 2023-06-20 00:00:00

Bangladesh inked a new sales and purchase agreement (SPA) with the OQ Trading, formerly known as the Oman Trading International, to import up to 1.50 million tonnes per annum (MTPA) of LNG for 10 years from 2026.The deal was inked...

Take robust, value-added approach for UK market

FE REPORT | 2023-06-20 00:00:00

A robust, comprehensive and value-added approach is necessary to boost bilateral trade between Bangladesh and the United Kingdom (UK).Speakers put forward the suggestion at a discussion titled 'Bangladesh-UK Business Legacy and the Future' at a city hotel on Monday.The Federation...

Central Hospital admits negligence in treating woman who lost newborn

2023-06-20 00:00:00

The authorities of Central Hospital in Dhaka have acknowledged that there was neglect of duty on the part of doctors treating Mahbuba Rahman Ankhi, a first-time mother who lost her newborn baby at the hospital, reports bdnews24.com.In a statement issued...

Three-day science fair kicks off

FE REPORT | 2023-06-20 00:00:00

A three-day Science Fair and Science Olympiad kicked off Monday on the premises of National Museum of Science and Technology (NMST) in the city Monday.On the occasion of 44th National Science and Technology Week, the event is being held to...

Tanners seek BEZA's care

FE REPORT | 2023-06-20 00:00:00

Local tanners have suggested bringing the Savar leather estate's first and second phases under the supervision of the Bangladesh Economic Zones Authority (BEZA).They think Bangladesh Small and Cottage Industries Corporation is not capable of running the leather estate properly.They have...

Cabinet drafts law to curb land-related forgeries, crimes

2023-06-20 00:00:00

The Cabinet on Monday approved in principle the draft of the Land Crime Prevention and Remedy Act, 2023 to curb land-related forgeries and offences, reports UNB.The approval came from the Cabinet meeting chaired by Prime Minister Sheikh Hasina at her...

Brood fishes release eggs in Halda -

NAZIMUDDIN SHYAMOL | 2023-06-20 00:00:00

CHATTOGRAM, June 19: The brood fishes started releasing fertilised eggs in the early hours of Monday in Halda River, the lone natural spawning centre for carp fishes in the country. Earlier, fishes released sample eggs in the water of Halda...

Loan installments paid for Padma Bridge, Metrorail

2023-06-20 00:00:00

The government on Monday received third and fourth installments of the loan taken for construction of Padma Bridge and the first installment of the loan taken for Metrorail project, reports UNB.As a part of the loan repayment of Padma Bridge,...

BD still needs foreign aid: Mirza Aziz

FE REPORT | 2023-06-20 00:00:00

Bangladesh still needs foreign aid for the country's development and to meet the requirements of foreign investment and foreign currency, according to former adviser to the caretaker government AB Mirza Azizul Islam."Some would say that Bangladesh doesn't need foreign aid...

Prayer Timings (2023-06-20)

2023-06-20 00:00:00

Bangladesh’s accession to BRICS anytime

FE REPORT | 2023-06-20 00:00:00

Bangladesh’s accession to intercontinental-bloc BRICS is a matter of time as the influential platform comprising Brazil, Russia, India, China and South Africa plans to enlarge with eight more countries. Foreign Minister Dr Abdul Momen Monday affirmed the country’s next option after...

Refiners urge govt to raise sugar price to Tk 150/kg

REZAUL KARIM | 2023-06-20 00:00:00

Despite the price spiral of sugar, local refiners urged the government to jack up its price by Tk 25 per kilogramme, ahead of the sweetener’s high demand in the upcoming Eid-ul-Azha festival.The Bangladesh Sugar Refiners Association (BSRA) moved the proposal...

Cut likely in proposed ballpoint pen VAT

FE REPORT | 2023-06-20 00:00:00

The government may reduce the value-added tax (VAT) on ballpoint pens from the proposed 15 per cent to 5 per cent as a cross section of people raised concern over possible hike in education cost.Currently, ballpoint pens are exempted from...

Banks going to enjoy uncapped lending as BB issues rules

FE REPORT | 2023-06-20 00:00:00

Interest caps on banks’ lending are lifted from next month as Bangladesh Bank Monday issued guidelines deregulating the crisis-time banking regime. However, the new lending-rate mechanism is based on benchmark reference rate effective from July 2023.  Under the new lending...

Eid-ul-Azha on June 29

2023-06-20 00:00:00

The holy Eid-ul-Azha, the second-biggest religious festival of the Muslims, will be celebrated in the country on June 29 with due solemnity and religious fervour as the moon of the holy month of Zilhaj was sighted in the Bangladesh sky...

Weather (2023-06-20)

2023-06-20 00:00:00

Light to moderate rain accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Mymensingh and Sylhet divisions in the next 24 hours from 06:00 am today (Tuesday), according to the Met Office.The highest temperature in...

JU 'B', 'E' unit admission tests held

JU CORRESPONDENT | 2023-06-20 00:00:00

The admission tests for Bachelor (Honours) for the 'B' unit under the Faculty of Social Sciences and Faculty of Law and the 'E' unit under the Faculty of Business Studies of Jahangirnagar University (JU) for the academic year 2022-23 were...

Successful resilient community model of Nabinagar Colony

2023-06-20 00:00:00

Nabinagar Colony, located in Ward 7 of Chattogram's West Sholashahar, is a residential area where a significant portion is an urban informal settlement of low-income families. Through integrated waste management and safety measures, this neighbourhood has become a model for...

BGB Director General Major General AKM Nazmul Hasan sprinkling water after planting a sapling

2023-06-20 00:00:00

Border Guard Bangladesh (BGB) Director General Major General AKM Nazmul Hasan sprinkling water after planting a sapling of Banyan tree on the Birshreshtha Noor Mohammad Public School and College premises at the BGB Headquarters in the city on Monday, after...

NSU Vice-chancellor Professor Atiqul Islam and Neela Hosna Ara

2023-06-20 00:00:00

North South University (NSU) Vice-chancellor Professor Atiqul Islam and Neela Hosna Ara, co-founder and chairperson of Crony Group and Director of BGMEA, exchanged documents after signing an Memorandum of Understanding (MoU) on the university campus in the city on Sunday....

Two die of dengue ----

2023-06-20 00:00:00

Two more deaths were reported from dengue in 24 hours until Monday morning, raising the fatalities from the mosquito-borne disease in Bangladesh to 36 this year, reports UNB.During the period, 323 more patients were hospitalised with the viral fever, according...

Soaring inflation puts people in dire straits

FE REPORT | 2023-06-20 00:00:00

Soaring inflation amid limited income have put the country's common people in dire straits, said speakers at a programme on Monday.Besides, the commoners' woes and expectations have also not been reflected in the proposed budget for the fiscal year (FY)...

PM to brief media on her Switzerland visit tomorrow

2023-06-20 00:00:00

Prime Minister Sheikh Hasina will address a press conference to brief the media on the outcome of her recent visit to Switzerland. "The press conference will be held at her official residence, Ganobhaban, at 12 pm on Wednesday," Prime Minister's...