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Now no extra 5pc VAT on Shwapno products

2025-02-23 00:00:00

A directive from the VAT Law and Regulations Division of the National Board of Revenue (NBR) stated that, according to the Value Added Tax and Supplementary Duty (Amendment) Ordinance 2025, the VAT rate at the business level was increased from...

Community Bank signs agreement with PUNAK

2025-02-23 00:00:00

Community Bank signs agreement with PUNAKAn agreement was signed between Community Bank Bangladesh PLC and Bangladesh Police Naree Kalyan Samiti-PUNAK regarding preferential credit card offers and services. The agreement was signed at the head office of Community Bank on Thursday....

Govt to implement AVS nationwide by June to prevent fraud

2025-02-23 00:00:00

Senior officials from Bangladesh Bank (BB) and the Finance Division have announced that the government will implement the Account Verification System (AVS) nationwide by June to ensure the accuracy of customer accounts as part of its initiative to make government...

'Excelerate Hope Hospital' opens in Moheshkhali

2025-02-23 00:00:00

Excelerate Energy, in collaboration with the Hope Foundation for Women and Children of Bangladesh, has officially inaugurated the first phase of the Excelerate Hope Hospital in Kutubjom, Moheshkhali of Cox's Bazar. The inauguration ceremony was attended by distinguished guests, including...

Exim Bank gets Best Rated Bank Award 2024

2025-02-23 00:00:00

Exim Bank gets Best Rated Bank Award 2024Exim Bank got the Best Rated Award 2024 based on the strong capital, sound asset quality, efficient management, laudable earnings, sufficient liquidity and sensitivity of the market CAMELS rating. Managing Director (Current Charge)...

DCCI calls for steps to increase pvt sector credit flow, generate revenue and curb inflation

2025-02-23 00:00:00

To ensure an overall business and investment friendly environment in the country, it is essential to raise the credit flow to the double digit level in the private sector, bring good governance and transparency in the financial sector and reduce...

JBC holds annual business dev plan confce

2025-02-23 00:00:00

JBC holds annual business dev plan confceJibon Bima Corporation (JBC) held an annual business development plan conference 2025 at the JBC conference room in the city on Thursday. Managing Director of the corporation and additional secretary Md Muhibuzzaman presided over...

Karmasangsthan Bank holds business review meeting in Cumilla

2025-02-23 00:00:00

Karmasangsthan Bank holds business review meeting in CumillaKarmasangsthan Bank held a "Business Review Meeting" with the participation of all regional managers, branch managers and 2nd officers under Cumilla, Chandpur, Brahmanbaria, Noakhali and Laxmipur areas of the bank at the BARD...

Indian drugmakers can retain US dominance even with tariffs

2025-02-23 00:00:00

HYDERABAD, Feb 22 (Reuters): Indian pharmaceutical companies will be able to retain their dominant market share in the US in selling generic drugs even if President Donald Trump imposes high tariffs because they are "highly competitive", a government-backed trade body...

United Finance and Sheba Holdings sign MoU

2025-02-23 00:00:00

United Finance and Sheba Holdings sign MoUUnited Finance PLC and Sheba Holdings Ltd have recently entered into a Memorandum of Understanding (MoU) to strengthen home loan financing, making the path to home ownership easier and more accessible. In this connection,...

Trump’s 10pc oil tariff could cost foreign producers $10b annually

2025-02-23 00:00:00

Goldman Sachs said on Friday a proposed 10 per cent US oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on US refiners due to limited alternative buyers and processing...

Global equity fund inflows rise on European stock rally

2025-02-23 00:00:00

Global equity funds continued to see robust inflows, with the majority directed to European equity funds, which hit record highs fueled by hopes for peace in Ukraine and a surge in the defense sector due to anticipated increases in military...

BRAC Bank to facilitate Tk 15b bond issuance for City Sugar Industries

FE DESK | 2025-02-23 00:00:00

BRAC Bank has been entrusted by City Sugar Industries Limited, a flagship concern of City Group, to facilitate fund mobilisation through the issuance of Teer 100% Mortgage-Backed Zero Coupon Bond worth Tk 15 billion (face value).The bond issuance is subject...

Prime Bank gets new independent director

2025-02-23 00:00:00

Dr M Mosttafa Shazzad Hasan Dr M Mosttafa Shazzad Hasan, a certified forensic accountant, has recently joined the Board of Directors of Prime Bank PLC as an Independent Director.He will also serve as the Chairman of the Audit Committee of...

PUBALI BANK HOLDS ANNUAL MANAGERS' CONFERENCE-2025

2025-02-23 00:00:00

PUBALI BANK HOLDS ANNUAL MANAGERS' CONFERENCE-2025A two-day "Annual Managers' Conference 2025' of Pubali Bank was held at a hotel in Cox's Bazar recently. Monzurur Rahman, Chairman, Board of Directors, was present as the chief guest while Managing Director & CEO...

SOUTHEAST BANK SIGNS MOU WITH PADAKHEP MANABIK UNNAYAN KENDRA

2025-02-23 00:00:00

SOUTHEAST BANK SIGNS MOU WITH PADAKHEP MANABIK UNNAYAN KENDRASoutheast Bank PLC has recently signed a Memorandum of Understanding (MoU) with Padakhep Manabik Unnayan Kendra, a renowned NGO, to provide banking services, including Payroll Banking Service, Corporate Payment Module, Collection Service...

Sunlife Insurance yet to show promise, despite costs down under new owners

Farhan Fardaus | 2025-02-23 00:00:00

Sunlife Insurance has made some progress in reducing costs under its new ownership, but it has yet to achieve revenue growth to make an impact on its overall business performance.While the company is set to publish its financial results for...

Master your writing without hours of reading!

2025-02-23 00:00:00

Arafat Reza As someone known for having a knack for writing and with a decent number of publications to my name, I am usually met with a look of shock and disbelief whenever I share that I am not an...

Notre Dame College hosts landmark 8th National Earth and Space Summit

2025-02-23 00:00:00

Team members of formula IUT project displaying the engine of their formula student car at 8th National Earth and Space Summit held at Notre Dame College, Dhaka recently Sheikh Hasin Abrar Alvi Notre Dame College became the focal point for...

Should you split it equally or not?

2025-02-23 00:00:00

Rashedun NabiFirst-time entrepreneurs find it challenging to understand and perform equity division. The difficulty arises because no universally accepted procedure exists for allocating equity. How equity is divided in startups differs because some teams choose equal division while others wait...

Three held over robbery, sexual assault aboard Rajshahi-bound bus

2025-02-23 00:00:00

TANGAIL, Feb 22 (bdnews24.com): Police have arrested three more individuals in connection with an incident of robbery and sexual assault on a 'Unique Road Royals' bus headed from Dhaka to Rajshahi.In a media briefing on Saturday, Tangail's Superintendent of Police...

From fallow lands to flourishing fields

2025-02-23 00:00:00

SYLHET, Feb 22 (UNB): A sea of lush green vines sprawls across the fields of Jaintapur, each cradling vibrant watermelons that glisten under the late winter sun.This year, the farmers of this upazila in Sylhet have reaped a bumper harvest,...

A white elephant sucking farmers' crores of taka

OUR CORRESPONDENT | 2025-02-23 00:00:00

PABNA, Feb 22: The Pabna Irrigation and Rural Development (IRD) Project is becoming ineffective due to lack of maintenance, negligence and mismanagement; as a result, the cost of crop production is increasing, causing sizable financial losses to farmers. Despite spending...

GPH International School organised its Annual Sports Competition and Cultural Programme 2025 in Munshiganj on Saturday.

2025-02-23 00:00:00

GPH International School organised its Annual Sports Competition and Cultural Programme 2025 in Munshiganj on Saturday. Director of Business Development of British Council Bangladesh Sarwat Reza was present on the occasion as the chief guest. Chairman of GPH Ispat and...

Brigadier General Rezaul Karim, ndc, psc, Station Commander, Chattogram Cantonment,

2025-02-23 00:00:00

Brigadier General Rezaul Karim, ndc, psc, Station Commander, Chattogram Cantonment, and VP for Admin and Finance, Bhatiary Golf and Country Club, and EBL Director Mufakkharul Islam Khasru inaugurate the two-day EBL 33rd Amateur Golf Championship 2025 in Chattogram recently. EBL...

Shakib joins new team in Dhaka League amidst uncertainty

2025-02-23 00:00:00

Star all-rounder Shakib Al Hasan has signed with Legends of Rupganj for the upcoming Dhaka Premier Division Cricket League (DPDCL) amidst uncertainly about whether he will be able to play given the current political atmosphere, reports UNB.After the India series...

Tigers hope for Mahmudullah boost ahead of crucial NZ clash

2025-02-23 00:00:00

With their tournament hopes now in a spot of bother, Bangladesh are hopeful of senior batter Mahmudullah's availability ahead of the do-or-die match against New Zealand, reports Cricbuzz. The Asian side need to win this game, scheduled at Rawalpindi tomorrow...

Cricket's fiercest rivalry returns in desert as India face Pakistan today

2025-02-23 00:00:00

DUBAI, Feb 22 (Agencies): The lop-sided nature of arguably cricket's fiercest rivalry in recent years notwithstanding, emotions in both countries will run high when bitter neighbours India and Pakistan clash in a Champions Trophy blockbuster in Dubai on Sunday.Sunday's ICC...

Kuet VC's residence under lock and key; students demand his resignation

2025-02-23 00:00:00

KHULNA, Feb 22 (UNB): A section of students of Khulna University of Engineering and Technology (Kuet) locked the main entrance of the Vice-Chancellor's (VC) residence on Friday night and vowed to continue their movement demanding his resignation.They rejected the decision...

Anti-Discrimination Student Movement coordinator attacked

2025-02-23 00:00:00

THAKURGAON, Feb 22 (UNB): A coordinator of the Anti-discrimination Student Movement was attacked and injured by unidentified assailants with sharp weapons in Thakurgaon.The attack took place early Saturday near the bus stand area in Bhully under Sadar upazila.The injured Kabirul...