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VAT automation stuck in foreign grip as local expertise lags

DOULOT AKTER MALA | 2025-09-18 00:00:00

The country's Value Added Tax (VAT) automation has remained monopolised by Vietnamese firm FPT, as the online platform was developed on software for which there is no local expertise.The contract with FPT, signed in 2015 at a value of US$33.6...

Prayer Timings (2025-09-18)

2025-09-18 00:00:00

Four politicians in CA’s UNGA entourage

FE REPORT | 2025-09-18 00:00:00

In a significant turn of events, four political leaders, including BNP Secretary-General Mirza Fakhrul islam Alamgir and Nayeeb-e-Amir of Janaat-e-Islami Syed Abdullah Taher, are joining the UN entourage of Chief Adviser of the post-uprising government Prof Muhammad Yunus. The other...

AI could give global trade a 40pc boost by 2040, says WTO report

Monira Munni, From Geneva | 2025-09-18 00:00:00

Artificial intelligence (AI) could increase global trade by 40 per cent by the year of 2040, a new World Trade Organisation (WTO) report has said.But without having adequate policies, it could also exacerbate economic divides, the report warned.Adoption of AI...

TDS nagging burden on businesses’ back

FE REPORT | 2025-09-18 00:00:00

Tax Deducted at Source (TDS) turns a nagging burden for most businesses as it drives up the cost of doing business and further fuels inflation, a latest research reveals. The source-tax-impact study by the Business Initiative Leading Development (BUILD) shows...

Now ship liners line up to adjust charges upward

SYFUL ISLAM | 2025-09-18 00:00:00

After the enhancement of tariffs and various charges by the Chittagong seaport authority, berth operators and container-depot owners come up now the ship liners for upward cost adjustments, foreshadowing domino effect on Bangladesh's foreign trade, sources say. "We are planning...

No holdback, govt resolute to hold fair polls in Feb

FE REPORT | 2025-09-18 00:00:00

Chief Adviser Professor Muhammad Yunus Wednesday reaffirmed his government's commitment to holding a free, fair, transparent and festive general election in the first half of next February, come what may.He made the remarks during a meeting with a delegation of...

Matches Today's & Tomorrow (BST)

2025-09-18 00:00:00

Raducanu wins after rain delay to set up Krejcikova clash

2025-09-18 00:00:00

SEOUL, Sept 17 (AFP): Emma Raducanu was made to wait at the rain-hit Korea Open on Wednesday before setting up a meeting with fellow former Grand Slam champion Barbora Krejcikova.Britain's Raducanu, the 2021 US Open winner and eighth seed in...

Nasum Ahmed 'mentally prepared' to grab opportunities

2025-09-18 00:00:00

Bangladesh left-arm spinner Nasum Ahmed insisted on Wednesday that he doesn't lose his sleep for not being picked regularly in the XI as he is mentally prepared to come in and perform whenever an opportunity arises, reports Cricbuzz.Nasum, who was...

Tanzid makes giant leap in ICC batters' rankings

2025-09-18 00:00:00

Bangladesh opener Tanzid Hasan Tamim made a giant leap in the ICC T20 batters' rankings following his match-winning 31 ball-52 against Afghanistan in a crucial Asia Cup game on Tuesday, reports BSS.His seventh half-century eventually led his side to an...

Arsenal, Real Madrid win Champions League openers

2025-09-18 00:00:00

PARIS, Sept 16 (AFP): Arsenal won 2-0 away to Athletic Bilbao as the league phase of this season's Champions League kicked off on Tuesday, with two Kylian Mbappe penalties giving Real Madrid a narrow win over Marseille while Juventus and...

Lionel Messi scores goal and sets up another as Miami beat Seattle

2025-09-18 00:00:00

MIAMI, Sept 17 (AFP): Lionel Messi scored one goal and set up another to spark Inter Miami over the Seattle Sounders 3-1 on Tuesday in an MLS rematch of a melee-capped Leagues Cup final.The 38-year-old Argentine striker who starred for...

BD's qualification hope rests on SL-Afghan clash today

2025-09-18 00:00:00

Bangladesh are still alive in the Asia Cup, but only just.Their eight-run win over Afghanistan in Abu Dhabi on Tuesday has left the Tigers in contention for a Super Four spot, though the final say now rests with the outcome...

NRB BANK LEADS CAMPAIGN ON 'CASHLESS BANGLADESH'

2025-09-18 00:00:00

NRB Bank PLC, as the lead bank, successfully organised a two-day seminar, campaign, and roadshow titled 'Cashless Bangladesh' at separate venues in Cumilla, including Cumilla University and Victoria College, recently, aiming to implement the 'Cashless Bangladesh' initiative and expand transactions...

'Cashless Bangladesh' seminar held in Rajshahi

2025-09-18 00:00:00

Bangladesh Bank organised a two-day seminar on the 'Cashless Bangladesh Initiative' in Rajshahi, with BRAC Bank serving as the Lead Bank, to promote digital transactions and enhance financial awareness. The first day's event was held at the Rajshahi Kara Training...

Bengal Commercial Bank Signs MOU with US-Bangla Airlines

2025-09-18 00:00:00

Bengal Commercial Bank PLC has partnered with US-Bangla Airlines in a strategic alliance designed to promote shared growth. Through this alliance, the airlines company will benefit from personalised banking solutions. Tarik Morshed, Managing Director & CEO of Bengal Commercial Bank,...

International Justice Mission inaugurates 'Project Surakkha'

2025-09-18 00:00:00

International Justice Mission inaugurates 'Project Surakkha', a special programme aiming to protect Bangladeshi children from sexual exploitation, at a city hotel on Wednesday. — Focus Bangla

bKash offers discounts and cashback for Durga Puja shopping

2025-09-18 00:00:00

Mobile financial service provider bKash has announced a range of discount and cashback offers on purchases made through its platform ahead of Durga Puja 2025. The offers, available both online and offline, aim to support customers during the festive shopping...

BTMA seeks quick settlement of insurance claims for affected mills

FE REPORT | 2025-09-18 00:00:00

The Bangladesh Textile Mills Association (BTMA) has called on the government to quickly settle pending insurance claims for textile mills affected during the July-August 2024 mass uprising, as the sector faces a deepening crisis.It has also sought compensation for the...

South Asia Trade Fair kicks off in city today

FE REPORT | 2025-09-18 00:00:00

The four-day South Asia Trade Fair 2025 begins today (Thursday) in the capital, bringing together more than 100 business entities from SAARC member countries under one roof.The event, jointly organised by the SAARC Chamber of Commerce and Industry (SCCI) and...

Delta Life Sciences to set up pharma plant at NSEZ

FE REPORT | 2025-09-18 00:00:00

Homegrown drug maker Delta Life Sciences PLC plans to manufacture specialised drugs to meet the growing local and global demand from its proposed plant at the National Special Economic Zone (NSEZ) in Chattogram. The company is set to invest around...

Govt reviews delayed BRT project after Tk 66b proposal rejected

MUNIMA SULTANA | 2025-09-18 00:00:00

The Ministry of Road Transport and Bridges (MoRTB) has moved to reassess the much-delayed Bus Rapid Transit (BRT) project after the Executive Committee of the National Economic Council (ECNEC) rejected its latest cost-escalation proposal in July this year. The project,...

Indian shares edge higher on US trade talks, Fed rate cut prospects

2025-09-18 00:00:00

Indian shares edged higher on Wednesday, driven by broad-based gains, as progress in trade talks with the United States and expectations of a rate cut by the U.S Federal Reserve later in the day buoyed investor sentiment, reports Reuters.The Nifty...

Trump's call to end quarterly reports gets unlikely support from climate-conscious investors

2025-09-18 00:00:00

LONDON, Sept 17 (Reuters): A call by Donald Trump to ditch quarterly corporate reporting has received cautious support from an unlikely source: international investors pushing business to do more on longer-term sustainability issues, many lambasted by the US president.Trump on...

Chip startup Groq raises $750m at $6.9b valuation

2025-09-18 00:00:00

NEW YORK, Sept 17 (Reuters): Artificial intelligence chip startup Groq said on Wednesday it has raised $750 million in new financing at a post-money valuation of $6.9 billion.Groq, a Silicon Valley chip startup founded by a former Alphabet engineer, is...

Taro stem exports generate robust forex earnings

2025-09-18 00:00:00

CUMILLA, Sept 17 (BSS): The export of taro stems from Cumilla's Barura Upazila is emerging as a promising source of foreign currency earnings, with shipments reaching international markets including the Middle East, the United States, the United Kingdom and several...

Bangladesh Krishi Bank Holds Lottery Draw for Remittance Festival

2025-09-18 00:00:00

The lottery draw for the 'Bangladesh Krishi Bank Remittance Festival', organised on the occasion of Holy Eid-ul-Azha 2025, was held digitally in the bank's Boardroom on Tuesday. Sanchia Binte Ali, Managing Director of the bank, was present during the draw....

ICSB team Meets with Commerce Secretary

2025-09-18 00:00:00

The office-bearers of the Institute of Chartered Secretaries of Bangladesh (ICSB) led by its President M Naseemul Hye FCS called on Mahbubur Rahman, Secretary of the Ministry of Commerce, at his office at the Secretariat on Wednesday. They apprised the...

DESH GENERAL INSURANCE HOLDS 25TH ANNUAL GENERAL MEETING

2025-09-18 00:00:00

The 25th Annual General Meeting of Desh General Insurance Company Limited was held in a hybrid mode on Tuesday, with physical presence at Sena Convention Hall "Sena Gaurab", SKS Tower, at Mohakhali in Dhaka. The meeting was presided over by...