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Desperate people crowd a TCB truck

2023-11-30 00:00:00

Desperate people crowd a Trading Corporation of Bangladesh (TCB) truck in Dhaka's Motijheel area on Wednesday, vying for subsidised essential food items. — FE Photo by Shafiqul Alam

Tax return filing deadline extended until Jan 31

FE REPORT | 2023-11-30 00:00:00

The National Board of Revenue (NBR) has extended the deadline for tax-return submission by individual taxpayers by two months following demands from the businesses and taxpayers.Also, it has extended the deadline for corporate tax-return submission by one and a half...

Tax-revenue grows 14.36pc in July-Oct, yet misses mark

FE REPORT | 2023-11-30 00:00:00

Tax-revenue collection by government's revenue authority grew 14.36 per cent in July-October of the current fiscal, pushed by price rises, yet the receipt missed the mark for the four months. Both VAT and income-tax collection grew by 17 per cent...

Bank lending rate unfettered with spread limit lifted

FE REPORT | 2023-11-30 00:00:00

Spreads for both bank advances and deposits are finally uncapped in central bank's revised bid to allow free movement of lending rates through bending regulatory intermediation. Intermediation-driven spread limit was seen by bankers and some economists as one of factors...

Dollar rate cut again, this time by Tk 0.25

FE REPORT | 2023-11-30 00:00:00

The banks and foreign-currency dealers have adjusted the exchange rate of the US dollar down by Tk 0.25 for remittances, export proceeds, and import payments.The new rates are set to be effective from Sunday next (December 3, 2023), Selim R.F....

Intraco ready to inject bottled Bhola gas into industries

M AZIZUR RAHMAN | 2023-11-30 00:00:00

Stranded gas from Bhola Island is set to be transported to gas-starved industry boilers around the capital shortly, following the completion of necessary works by Intraco Refueling Station, according to sources. Intraco is now ready to supply compressed natural gas...

Guidelines for SAAS product development

Sumit Saha | 2023-11-30 00:00:00

The idea of turning coding knowledge into a successful firm in the centre of Bangladesh's booming tech scene is an enticing challenge. The creation of software as a service (SAAS) products stands out as a particularly effective route for programmers...

Five tips to boost networking skills

Nafiza Anjum | 2023-11-30 00:00:00

A bag full of experience and a masterful skill set doesn't ensure you will receive the right valuation in the job market. We often hear stories where someone with less experience and just enough skill set landed the dream job...

A bittersweet experience

Sadia Islam | 2023-11-30 00:00:00

Twelve laborious years of education-HSC or Higher Secondary Certificate, a long endeavour and precious years of a student's life. Commencing from primary (grades 1-5) through secondary years (grades 6-10) generally prepares learners to sit for Secondary School Certificate (SSC) and...

Policy parameters of revenue regime

Muhammad Abdul Mazid | 2023-11-30 00:00:00

Bangladesh has beaten the initial pessimism about viability and prospect of the country with its resource limitations to feed a large population and the lack of energy and natural resources for developing industries. Fifty two years back, it was a...

Selling OMS groceries from fixed shops

2023-11-30 00:00:00

The prices of almost all essential commodities are still high, making it very difficult for the common people to meet their daily needs. And queues behind the TCB (Trading Corporation of Bangladesh) trucks are growing day by day. These trucks...

Keeping Dhaka's air dust-free

2023-11-30 00:00:00

As winter is just around the corner, dust particles have again started to pollute Dhaka city's air. Dust from footpaths, construction sites and ongoing development projects as well as black smoke from brick kilns, vehicles and other sources have been...

Stop using elephants for extortion

2023-11-30 00:00:00

Using an elephant for extortion is nothing new in Bangladesh. We often come across people riding elephants on Dhaka roads. They block the roads and ask for illegal toll from the shopkeepers, the passers-by and the car owners. It is...

Time to publish campus newspaper

Imam Hossain | 2023-11-30 00:00:00

It is often said that young people these days are no longer interested in reading newspapers. This is not correct. Rather, a major section of our youngsters is news-conscious and well-aware of what is happening around them and the world...

There is, yes, life after the movies

Syed Badrul Ahsan | 2023-11-30 00:00:00

The actor Ferdous is a candidate for the forthcoming general election in January next year from the ruling Awami League. His selection as a candidate follows in the tradition set by others of his profession in these past many years....

Upazila master plan for land use

2023-11-30 00:00:00

In a land-scarce country with an oversize population, the value of each inch of territorial area cannot be overemphasised. The country's incumbent prime minister has long been taking pains to drive home the message of making good use of land....

Economic growth & road transport in Bangladesh

Syed Sabiq Ashraf and Nafisa Mesbah | 2023-11-30 00:00:00

According to the World Bank, Bangladesh has been one of the fastest-growing economies in South Asia in recent decades, with an average Gross Domestic Product (GDP) per capita growth of above 5 per cent in the last decade. Moreover, the...

News in Brief (2023-11-30)

2023-11-30 00:00:00

EU court says public employees maybe barred from wearing head scarfBRUSSELS, Nov 29: The top European Union court ruled on Tuesday that public authorities in member states can prohibit employees from wearing signs of religious belief, such as an Islamic...

Russia mulls 'loyalty' pledge for foreigners to enter

2023-11-30 00:00:00

MOSCOW, Nov 29 (AFP): Foreigners entering Russia could be required to sign a "loyalty agreement" upon arrival, pledging not to criticise Moscow's offensive in Ukraine, under new rules being prepared by the interior ministry.Russia has waged an unprecedented crackdown on...

Withdraw from Golan Heights

2023-11-30 00:00:00

UNITED NATIONS, Nov 29 (TASS): The UN General Assembly adopted a resolution calling upon Israel to withdraw from the occupied Golan Heights, a TASS correspondent reported.A total of 91 countries voted in favor of the document, including Russia, Brazil, India,...

US military aircraft with six aboard crashes

2023-11-30 00:00:00

TOKYO, Nov 29 (BBC): A US military aircraft with six people on board has crashed off Yakushima Island in south-western Japan, local officials say. Japan's Coast Guard said one person had been found dead near the crash site of the...

Diseases could kill more than bombings in Gaza

2023-11-30 00:00:00

GAZA, Nov 29 (BBC/AP/AFP): Untreated diseases could eventually kill more people in Gaza than bombings if the health system is not restored, the World Health Organization says. Diarrhoea and respiratory infections are widespread among children in overcrowded UN facilities where...

SONALI BANK HOLDS 23RD SMT MEETING

2023-11-29 12:00:00

The 23rd Senior Management Team (SMT) meeting of Sonali Bank PLC was held at the bank's head office on Tuesday. SMT Chairman and CEO & Managing Director of Sonali Bank Md Afzal Karim presided over the meeting. Among others, Deputy...

Legal notice demands deferral of parliament election

FE REPORT | 2023-11-29 00:00:00

A legal notice has been sent to the Chief Election Commissioner (CEC) and other respondents to defer the National Parliament election, scheduled to be held on January 7 in 2024. Md Eunus Ali Akond, a Supreme Court lawyer, on Tuesday...

Automated complaint management only option for banking industry

FE REPORT | 2023-11-29 00:00:00

Automation and artificial intelligence-based complaint management system is the only way to address complaints in the country's banking industry, which has become too big to maintain humanly, distinguished bankers viewed. Though it might be possible to handle most of the...

All 41 Indian workers trapped in tunnel for 17 days rescued

2023-11-29 00:00:00

SILKYARA TUNNEL , Nov 28 (AFP): Indian rescuers have safely brought out all 41 workers from a collapsed Himalayan road tunnel after a marathon 17-day engineering operation to free them, a minister said Tuesday."I am completely relieved and happy as...

TIB raises question over election-time govt's nod

FE REPORT | 2023-11-29 00:00:00

Transparency International Bangladesh (TIB) on Tuesday raised questions over the election-time government's approval of the draft personal data protection act.TIB expressed 'profound dismay and apprehension' as the cabinet on Monday approved in principle the draft of the law despite the...

ADB to lend over $1.0b for five projects

FE REPORT | 2023-11-29 00:00:00

The Asian Development Bank (ADB) will provide Bangladesh with an aggregate US$ 1.026 billion in loans to help implement five separate projects.To this effect, Economic Relations Division (ERD) Secretary Md. Shahriar Kader Siddiky and ADB Country Director for Bangladesh Edimon...

PM for addressing climate displacement to avert future human crisis

2023-11-29 00:00:00

Prime Minister Sheikh Hasina on Tuesday called for international support for the countries which are worst-affected by climate displacements to prevent such situations from turning into a humanitarian crisis, reports UNB."Most climate displacements take place within national borders and across...

China trap is sheer fabrication, says envoy

FE Report | 2023-11-29 00:00:00

Chinese Ambassador in Dhaka Mr Yao Wen on Tuesday said the so-called China trap was sheer fabrication, rather those projects would bring benefit, dividend and opportunities to the people of Bangladesh.The envoy was addressing the Reunion of Bangladeshi participants attending...