US stresses labour law reforms, BD seeks fair prices
The US Trade Representative (USTR) on Tuesday stressed labour law reforms as well as lowering the threshold requirement for trade union registration and bilateral trade between the two countries. On the other hand, Bangladeshi apparel makers pressed for fair prices of locally-made readymade garments, duty benefits for exporting clothes made...
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Tk 28t plundered in AL's 15 years: Bashir
Commerce adviser Sheikh Bashir Uddin claims Tk 28 trillion, equivalent to the nation's earnings for 1.5 years, has been looted over the past 15 years under the Awami League administration, leaving all state institutions in tatters."The government is grappling with challenges in stabilising commodity prices, blaming inaccurate data on production...
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BHBFC seeks to raise interest rates from first day of New Year 2025
With the cost of funds and overhead costs going up substantially, the Bangladesh House Building Finance Corporation (BHBFC) wants to raise interest rates of its various loan programmes, officials said.The corporation recently sought a finance ministry nod after its board of directors approved a proposal in this regard.The state-owned housing...
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Dr Salehuddin Ahmed addresses a seminar marking 'VAT Day and VAT Week 2024'
Finance Adviser Dr Salehuddin Ahmed addresses a seminar marking the 'VAT Day and VAT Week 2024' at the NBR Bhaban in the capital's Agargaon area on Tuesday. He urged all concerned to pay tax and VAT accordingly to participate in nation-building and thus avail various services. National Board of Revenue...
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AL ARAFAH ISLAMI BANK SIGNS DEAL WITH INTERCONTINENTAL DHAKA
Al-Arafah Islami Bank PLC has signed a 'Buy One Get One (BOGO)' agreement with InterContinental Dhaka, a five-star hotel, for its La-Riba Platinum Credit Mastercard holders. Mohammed Fazlur Rahman Chowdhury, Deputy Managing Director of the bank, and Ashwani Nayar, Area General Manager, IHG, South West Asia, and General Manager, InterContinental...
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FIRST SECURITY ISLAMI BANK HOSTS ANNUAL RISK CONFERENCE
First Security Islami Bank PLC (FSIB) organised its 'Annual Risk Conference 2024' virtually on Sunday with the participation of all officials of the bank. Syed Waseque Md Ali, Managing Director of the bank, presided over the event while ANM Moinul Kabir, Director (DOS), Bangladesh Bank, was present as the chief...
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City Bank announces major salary restructuring to support employees
City Bank has announced a salary restructuring initiative to align with market standards and enhance employee well-being amidst rising inflation. The Board of Directors has approved an annual salary increment of Tk 1.62 billion for 2024, which will culminate in a total increase of Tk 3.0 billion by the end...
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