FE REPORT | 2024-06-10 00:00:00
Jewellers have expressed their unhappiness over imposition of high tax and VAT on jewellery sales in the proposed national budget for FY 2024-25.They demanded that the 5 per cent VAT rate imposed on sales of gold ornaments be reduced to...
Bangladesh Bank (BB) has announced new banking hours that align with the government's new office schedule effective from June 19, reports UNB.After Eid-ul-Azha, bank transactions and office activities will continue according to the new schedule.The BB circular stated that from...
FE REPORT | 2024-06-10 00:00:00
Former Inspector General of Police (IGP) Benazir Ahmed's wife Zeeshan Mirza and their two daughters did not appear before the Anti-Corruption (ACC) on Sunday, despite being summonsed over graft charges.The family members of the ex-IGP sought more time from the...
ICT Division Secretary Md Shamsul Arefin speaks at a policy dialogue titled 'MSME Digital Security and Data Protection Challenges: Way Forward' in Dhaka on Sunday. — FE photo
Md Suhrab Uddin, an Awami League leader and independent MP from Kishoreganj-2, has demanded lowering the 15 per cent tax for legalising undisclosed income without facing questions, reports bdnews24.com.Suhrab does not agree to call it an option to launder dirty...
A total of 134 personnel from the Myanmar army and Border Guard Police, who sought refuge in Bangladesh amid internal conflict in their country, were repatriated on Sunday. At the same time 45 Bangladeshi nationals who were imprisoned in Myanmar's...
Siam Hossain, one of the suspects in the murder of Jhenaidah MP Anwarul Azim Anar, has led police to 'bones' found in the Bagjola canal in West Bengal, according to Indian and BD media reports.Police say that forensic tests will...
FE REPORT | 2024-06-10 00:00:00
Ready-to-eat salad in restaurants of the capital is most risky for public health, as presence of hazardous pathogenic bacteria has been found in the food items, a study has revealed.Besides, six street foods also have high levels of Escherichia coli...
FE REPORT | 2024-06-10 00:00:00
Higher effective tax rate and minimum tax hikes for beverage companies have raised concerns about hurting foreign investment in Bangladesh.Zaved Akhter, president of the Foreign Investors' Chamber of Commerce and Industry (FICCI), said tax collection on carbonated beverages has already...
FE REPORT | 2024-06-10 00:00:00
In a bid to combat the rising cybercrime threat to micro and small ventures, industry leaders and government officials called for the establishment of a collaborative platform to address digital-security and data- protection challenges. The platform, proposed by Samira Zuberi...
NEW DELHI, June 9 (Agencies): Prime Minister Sheikh Hasina attended the oath-taking ceremony of Narendra Modi as the prime minister of India for a third consecutive term this evening.Top leaders from Sri Lanka, the Maldives, Bhutan, Nepal, Mauritius, and Seychelles...
FE REPORT | 2024-06-10 00:00:00
Speakers at an event in Dhaka on Sunday suggested that Bangladesh should formulate its Least Developed Country (LDC) graduation strategy in line with the upcoming 9th Five-Year Plan (FYP). Experts and policymakers attending the programme also stressed on aligning the...
FE REPORT | 2024-06-10 00:00:00
A police constable was shot dead by his colleague in Baridhara diplomatic zone of the capital on Saturday midnight.The deceased was Monirul. However, it could not be known why his colleague shot him.Police detained constable Kawsar Ali in connection with...
JASIM UDDIN HAROON | 2024-06-10 00:00:00
Bangladesh economy is seen on course for expansion as a parameter styled Purchasing Managers' Index (PMI) sows a rise by 7.9 points from the previous month to 70.1 in its reading.This is the second-month publication as it was first launched...
NEW DELHI, June 9 (AFP): India's Prime Minister Narendra Modi was sworn in on Sunday for a third term after worse-than-expected election results left him reliant on coalition partners to govern.Modi, flanked by officials from his Hindu-nationalist party and leaders...
REZAUL KARIM | 2024-06-10 00:00:00
An action plan is being framed to execute Bangladesh's maiden tariff policy focused on devising tariff structures that promote investment and competitive domestic production line. Sources say Bangladesh Trade and Tariff commission (BTTC) will prepare a draft action plan on...
DOULOT AKTER MALA | 2024-06-10 00:00:00
Any loan disbursed to its directors by a company, be it publicly listed or non-listed, will be considered their taxable income under provision of the proposed budget for the fiscal 2024-25. The Finance Bill 2024 provides that if a company...
LONDON, June 9 (Reuters): Gold prices are expected to hit another record high this year despite a dip in physical demand, consultancy Metals Focus said, as interest rate cuts arrive against a backdrop of US-China tensions and conflict in Ukraine...
KUALA LUMPUR, June 9 (Reuters): China's ByteDance, parent of social media app TikTok, plans to invest around 10 billion ringgit ($2.13 billion) to set up an artificial intelligence hub in Malaysia, the country's trade minister said on Friday.As part of...
Jiban Bima Corporation (JBC), the state-owned life insurance provider, and the United Commercial Bank Plc (UCB) signed a bancassurance agreement at a city hotel recently. The agreement was signed in presence of JBC's Managing Director (Additional Secretary) Md Muhibuzzaman and...
The newly elected office-bearers of the Tour Operators Association of Bangladesh (TOAB) for the tenure 2024-26 officially took charge of the association.The TOAB Board of Directors led by its President Md. Rafeuzzaman formally took charge from the Immediate Past President...
Walton, a super brand in refrigerator sector, introduced the artificial intelligent system 'AI Doctor' feature in IoT (Internet of Things)-based smart fridge for the first time in Bangladesh.The 'AI Doctor' feature was invented by the team of Walton Research and...
FE REPORT | 2024-06-10 00:00:00
ICT industry leaders have urged the government to provide policy support aimed at achieving self-reliance in this sector.The business leaders from the information and communication technology (ICT) sector also expressed gratitude and thanks to the Prime Minister for extending the...
Bangladesh Bidi Sramik Federation held a discussion on the proposed budget for the 2024-25 fiscal year at the Jatiya Press Club in the city on Sunday, says a press release.The leaders of the federation hailed the proposed budget and thanked...
MADRID, June 09 (AFP): Derided as "Club Med" nations during the European debt crisis 15 years ago, the economies of Spain, Greece and Portugal are now outperforming their northern peers thanks to a rebound in tourism.The three nations had to...
LONDON, June 09 (Reuters): The United Nations world food price index rose for a third consecutive month in May, as higher cereals and dairy product prices outweighed drops in prices for sugar and vegetable oils.The UN Food and Agriculture Organization's...
WASHINGTON, June 09 (AFP): The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the number of cuts it has penciled in for this year, as policymakers digest a mixed bag of economic...
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