Gaming and eSports is one of the highest-paying industries currently in entertainment. Once viewed as little more than a hobby or a way to pass time, gaming is rapidly transforming into a global economic powerhouse. Currently, a top-grossing entertainment industry...
During a recent visit to Rupnagar residential area of Dhaka, I was dismayed to observe a significant portion of the road under heaps of garbage. It appears that some individuals have transformed a portion of the road into a makeshift...
Syed Fattahul Alim | 2024-06-10 00:00:00
'Black money', according to Investopedia,'includes all funds earned through illegal activity and otherwise legal income that is not recorded for tax purposes'. The sources of black money, as defined, include tax evasion as well as corruption, money laundering and illicit...
Poverty, food insecurity, and malnourishment are persistent problems for millions of low and middle-income families in Bangladesh. In recent years, the situation has worsened further for people living below the poverty line due to the skyrocketing prices of food. The...
Muhammad Zamir | 2024-06-10 00:00:00
The opposition obituaries had been written. According to most polls, India's election was a foregone conclusion. Prime Minister Narendra Modi's right-wing, Hindu-nationalist alliance was expected to secure a super majority, and with it the power to enact radical change unopposed....
Atiqul Kabir Tuhin | 2024-06-09 12:00:00
It's been known for long that one of the major problems facing the country's private universities is the lack of permanent campuses. The University Grants Commission (UGC) - the government body responsible for regulating tertiary education - has long been...
The inclusion of young leg-spinner Rishad Hossain in the Bangladesh T20 World Cup squad wasn't surprising considering the way he performed for the national team during the last couple of bilateral series. However, there were concerns whether the leggie could...
NAZIMUDDIN SHYAMOL | 2024-06-09 00:00:00
CHATTOGRAM, June 08: A total of 135 ships have already berthed at the jetty of Matarbari deep-sea port channel at Maheshkhali in Cox's Bazar.Sources have said 175-metre and 10-metre draught ships are getting the berthing facilities at the port jetty.When...
Monira Munni | 2024-06-09 00:00:00
Bangladesh is lagging far behind others in seizing US garment work orders shifting from China, which industry insiders attributed to a number of factors like inefficiency, long lead time and energy crisis.Data available with the Office of Textiles and Apparel...
FE REPORT | 2024-06-09 00:00:00
The private sector has not received adequate attention in the proposed national budget for 2024-25 fiscal year, experts said at a roundtable on Saturday. They also highlighted the lack of initiatives aimed at expanding industrialisation, diversifying exports, and boosting private...
FE REPORT | 2024-06-09 00:00:00
Hailing the proposed national budget, the Institute of Chartered Accountants of Bangladesh (ICAB) has said financing a huge sum of money from internal sources through borrowing could raise inflation.About huge internal borrowings, ICAB president Forkan Uddin says from the macro-economic...
FE REPORT | 2024-06-09 00:00:00
Leaders of the country's textile and apparel sector on Saturday urged the government to reconsider a cut in source tax and continuation of cash incentive which, according to them, were not reflected in the proposed budget for FY 2024-25.They also...
FE REPORT | 2024-06-09 00:00:00
Although this year's budget promises to reduce inflation to 6.5 per cent, there is no clear direction to achieve this goal.Besides, in the absence of special initiatives for investment and job creation, it will be difficult to achieve economic stability.Dr...
FE Report | 2024-06-09 00:00:00
Noted economist Dr Binayak Sen on Saturday recommended bringing wealthy people, who earn 45 per cent of the urban income, under tax net to relieve the middle- and lower-income group from the tax burden."Bring them into direct income tax and...
FE REPORT | 2024-06-09 00:00:00
Bangladesh's dependence on fossil fuels hinders its ability to meet international commitments under the Paris Agreement and sustainable development goals (SDGs) related to climate change mitigation and clean energy transition.Speakers made the observations at a national policy dialogue hosted on...
FE Report | 2024-06-09 00:00:00
The country's economic crisis may become more severe after one year, according to South Asian Network on Economic Modelling (SANEM), as the local think-tank said the proposed budget does not offer an adequate recovery plan for the turbulent macro environment."The...
NEW DELHI (BSS): Prime Minister Sheikh Hasina reached New Delhi on Saturday to attend the swearing-in ceremony of Narendra Modi as the prime minister for a third consecutive term.She is visiting Indian capital to join the oath-taking ceremony at her...
Doulot Akter Mala | 2024-06-09 00:00:00
State-owned Jamuna Fertilizer Company Ltd, despite being profitable and holding huge amounts in fixed deposit receipts (FDRs), had not settled its taxes for around nine years.Their tax delinquencies met with an unprecedented enforcement this month. In an unprecedented move, taxmen...
FE REPORT | 2024-06-09 00:00:00
Bangladesh's apex chamber may not oppose legalizing legitimately earned undeclared money under the new budgetary amnesty but will request the government not to allow the whitening of ill-gotten wealth.President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI)...
FE Report Bangladesh Nationalist Party (BNP) will give its formal reaction to the proposed budget for the fiscal year (FY) 2024-2025 today (Sunday). BNP secretary general Mirza Fakhrul Islam Alamgir along with the party's standing committee members will come up...
FE REPORT Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir said on Saturday that the government had given the scope to whiten black money in the proposed budget for the fiscal year (FY) 2024-2025 is like 'catching fish...
Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Saturday said the main objective of the proposed budget for the fiscal year 2024-25 is to remove ongoing economic uncertainty and crisis and contain high inflation,...
Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at many places over Rangpur Mymensingh, Dhaka, Chattogram, Rajshahi, Khulna, Barishal and Sylhet divisions in the next 24 hours from 06:00 am, according to the Met...
FE REPORT Detective Branch of Dhaka Metropolitan Police (DMP) arrested on Saturday four members of a fake note racketeers' gang including the ringleader from Kadomtoli area of the capital.The arrestees were identified as Liakat Hossain Jakir alias Guru Jakir (40),...
The students of Jahangirnagar University (JU) formed a human chain protesting reinstatement of the 30 per cent quota for freedom fighters' children in government jobs after a High Court (HC) verdict declared illegal the 2018 circular that abolished the quota...
KUSHTIA, Jun 08 (UNB): Miscreants allegedly vandalised the akhra (den) of a Baul ascetic in a remote area of Mirpur upazila of Kushtia on Friday night.Though police inspected the area, no criminals involved with this are yet to be detained.It...
Dhaka North City Corporation (DNCC) Mayor Md Atiqul Islam has said specific roads in the DNCC area will be designated for cycling two days each month, reports UNB.He made the announcement while attending the "Pedal for Planet" cycling rally organised...
Land Minister Narayon Chandra Chanda said the period of collecting land development tax will be set from July-June, in sync with the fiscal year, reports UNB.This new system will strengthen the land revenue collection system of the country and bring...
All organs of the state will have to work with a cooperative attitude and consensus to establish the rule of law, justice and democracy, said Law, Justice and Parliamentary Affairs Minister Advocate Anisul Huq, reports UNB.He said this while addressing...
Prime Minister Sheikh Hasina was received by high officials of India upon her arrival at the Palam airport in New Delhi on Saturday — PID
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