Insurance companies have suggested lowering the corporate tax, lifting the 5.0 per cent gain tax on life policy bonus and withdrawing 15 per cent source tax against agents' commission.The Bangladesh Insurance Association (BIA) came up with the proposals for the upcoming budget at a press conference at its headquarters in...
Read moreAgricultural workers in Bangladesh would be the worst victims of heat stress, caused by rising temperature, according to a recent study report of the International Labour Organisation (ILO). Identifying heat stress as a source of concern for Bangladesh along with other countries in the Asia-Pacific region, the ILO report has...
Read moreThe government will confer awards on 13 industrial units today (Tuesday) for their outstanding contributions to economic development of the country.The 'President's Award for Industrial Development-2016' will be given to the winners under heavy, medium, small, micro, cottage and high-tech industry categories. President Md Abdul Hamid will give away the...
Read moreThe government has increased mobile phone allowances five times to Tk 75,000 for ministers, state ministers, deputy ministers and secretaries, report agencies.The bills for the mobile phones will also be paid from the Treasury.The cabinet on Monday approved the draft of the 'Government Telephone, Cellular and Internet Policy-2018', raising the...
Read moreA proto-type of planned e-traceability system for shrimps was launched recently in Khulna.Md Raisul Alam Mondal, Secretary, Ministry of Fisheries and Livestock (MOFL), officially launched the system.Industry insiders said if Bangladesh succeeds in introducing and scaling up of the e-traceability system, the consumers' acceptance of Bangladesh shrimp export will improve...
Read moreCHATTOGRAM, May, 21: The Chittagong Metropolitan Chamber of Commerce and Industry (CMCCI) has started its second phase of the sale of Ramadan goods at subsidised rate for the poor and low income people in the port city.President of the CMCCI Khalilur Rahman inaugurated an outlet in front of the head...
Read moreShimanto Bank Limited organised an exchange of views meeting with peasants, farmers and small entrepreneurs at its Bibir Bazar branch in Cumilla recently.Chief Executive Officer (CEO) and Managing Director of the bank Muklesur Rahman attended the meeting as the chief guest, says a statement.Head of Retail and SME Anwar Farook...
Read moreICAB delegate joins Int'l Public Sector Confce Anwaruddin Chowdhury, Council Member and Past President of ICAB and Director of CAPA Board, took part in International Public Sector Conference and CAPA events held in Kathmundu, Nepal, recently. He presented a keynote paper in the conference on 'Public Sector Financial Management -Enhanced...
Read moreManaging Director and CEO of Midland Bank Md Ahsan-uz Zaman posing with the participants of a five-day 'Foundation Training Programme' held at the Training Institute of the bank at Gulshan in the city recently
Read moreSEOUL, May 21 (Reuters): South Korea's Hyundai Mobis Co Ltd on Monday said it has dropped a restructuring proposal due to "uncertainty" about gaining shareholder approval next week in the face of opposition from US hedge fund Elliott Management Corp and other investors.The move is a setback for parent Hyundai...
Read moreSINGAPORE/BEIJING, May 21 (Reuters): China has pledged to buy more U.S. goods to reduce America's huge trade deficit and help avoid exacerbating a trade war between the world's two biggest economies, with energy and commodities high on Washington's list of products for sale.The U.S. trade war with China is "on...
Read moreABU DHABI, May 21 (AFP): The United Arab Emirates has announced plans to allow 100 per cent ownership and visa incentives to foreigners, in a bid to attract investors to boost its slowing national economy. The decision, taken by the UAE cabinet Sunday night, aims to lure "international investments and...
Read moreULAN BATOR, May 21 (Xinhua): The 2018 Mongolia Economic Forum kicked off here Monday, with the aim of boosting the country's economic development through public-private partnerships. "We have to consolidate our views on development policies. The public-private partnership is very important for the development of the economy," said Mongolian Prime...
Read moreTAIPEI, May 21 (Xinhua): A total of 92,667 Taiwanese companies were involved in e-commerce in 2016, an increase of 38.6 percent from 2011, according to a report disclosed Sunday. These companies accounted for 7.1 per cent of all registered businesses on the island. The overall revenue of online sales also...
Read moreSEOUL, May 21 (Xinhua): Prices for goods and services among South Korean suppliers rose last month on expensive crude oil, central bank data showed Monday. The producer price index stood at 104.13 in April, up 0.1 per cent from the previous month, according to the Bank of Korea (BOK). It...
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