The National Board of Revenue has fixed revenue collection target in income tax at Tk 48,300 crore with the highest growth rate at 36.82 per cent compared with the outgoing fiscal year of 2013-2014, officials concerned said. The target is up by Tk 13,000 crore than the target of Tk 34,300 crore
Month: May 2013
Banks go for hefty farm credit release as industrial sector reels
Farm loan disbursement in the first 10 months of the current financial year posted 15.09 per cent growth in comparison with that of 5.65 per cent growth in the same period a financial year ago. The figure increased as majority of the banks disbursed significant amount of loan in agriculture sector due to a lower ... Read more
BB asks NBFIs to submit reports on compliance by June 30
The Bangladesh Bank on Sunday asked non-bank financial institutions to send compliance reports on the NBFIs’ financing in the housing and real estate sector within June 30 to its Department of Financial Institutions and Markets. To this end, the BB issued a circular to managing
One IGW operator can serve up to 35 VoIP licensees: BTRC
The Bangladesh Telecommunication Regulatory Commission on Sunday said that an International Gateway service operator can serve maximum 35 VOIP Service Providers at a time. The BTRC in a directive issued on the day said that the IGW operators can select 20 VSP operators of their own choice and the rest of the 15 will be ... Read more
BGMEA makes list of 8 Dhaka factories shut on safety grounds
Four others allowed time to rectify A total of eight garment units have so far been shut on safety grounds while another four have been given time to rectify their buildings, said a leader of Bangladesh Garment Manufacturers and Exporters Association. After the collapse of Rana Plaza at Savar on April 24,
Stocks gain amid heavy turnover increase
Dhaka stocks gained significantly for the second trading session on Sunday as the turnover increased heavily thanks to the government decision to introduce a refinance scheme for the affected retail investors of the 2010 market crash, which boosted the investors’ confidence. The turnover of the Dhaka Stock Exchange advanced to Tk 261.14 crore, the highest
JTC meeting begins in Thailand today
Dhaka to seek duty-free market access to Bangkok The Joint Trade Commission meeting between Bangladesh and Thailand begins today in Bangkok aimed at increasing Dhaka-Thai bilateral trade. Officials in the commerce ministry said in the three-day JTC meeting, they would mainly focus on duty-free market access to Thailand and investment in Bangladesh.
Bata opens 4 outlets in Dhaka
Bata opened four new outlets at Laxmibazar, Kakrail, Kafrul and Ashkona in Dhaka recently, said a press release. These shops have 2500, 1500, 4000 and 2500 square feet of areas respectively. Footwear of international brands like Bata, Power, Marie
Millward Brown launches Bangladesh office
Millward Brown, one of the global leaders in brand, media and communications research, launched its Dhaka office recently, said a press release. Before the launch of the Dhaka office, Bangladeshi clients received services from its Singapore office. The Bangladesh launch is the company’s second office opening
Some solace for Tigers at last
Bangladesh ended their tour of Zimbabwe with a consolation win in the second and final Twenty20 International by 34 runs at Bulawayo on Sunday to level the two-match series 1-1. In pursuit of the Tigers’ 168-7, the hosts were restricted to 134-9 in 20 overs as ace all-rounder Sakib al Hasan recorded his best bowling ... Read more
BCB set for crucial meeting as many issues pending
The Bangladesh Cricket Board’s ad-hoc committee members will be passing a busy time when they attend the executive board meeting on Monday as several key issues remained to be solved. The most important issue is the BCB elections as they are running out of time after all the member nations of the ICC completed forming ... Read more
Kruif refuses to bring any change to the squad
Bangladesh football team’s Dutch coach Lodewijk de Kruif has refused to bring any changes to his 29-member preliminary national squad unless he arrives in Dhaka, officials said on Sunday. The BFF requested Kruif to replace a few players who have injury problems, but officials said Kruif told them he wants to see the nature of ... Read more
Hockey squad for Asia Cup announced
The Bangladesh Hockey Federation announced a 33-member preliminary squad on Sunday for the upcoming ninth Asia Cup Hockey tournament to be held in Ipoh, Malaysia, from August 24 to September 1. The training camp for the tournament will begin
Panic in Mirpur as beams dislodged
Three beams at the Sher-e-Bangla National Stadium were displaced prompting the Bangladesh Cricket Board to move carefully at the stadium as a precautionary measure. The incident which occurred at night came to notice on Sunday and the shop owners were panicked with the memory of the recent collapse of Rana Plaza still
Dialogue offer to opposition still valid: PM
Prime Minister and Awami League president, Sheikh Hasina, on Saturday, again urged leader of the opposition and Bangladesh Nationalist Party (BNP) chairperson, Khaleda Zia, to sit for a dialogue, shunning the “path of conspiracy”, in order to resolve the country’s prevailing political standoff. “Our offer of a dialogue to the opposition still remains valid…you may ... Read more
Women vow to resist Hefazat demands
Country’s leading women activists on Saturday urged the people to resist any move to implement the 13 point charter of the Hefazat e Islam, Bangladesh (HIB) which, they said, would destroy gender equality. They were addressing a rally of the women activists styled as ‘Protibadi Nari Samabesh’ organized by different women rights organisations. Ayesha Khanam, ... Read more
Ban Ki Moon praises Hasina’s dialogue offer
Highly praising prime minister Sheikh Hasina for her dialogue offer to the opposition to resolve the ongoing political crisis, UN Secretary General Ban Ki-moon said that this initiative by the prime minister is ‘brave and noble’. The UN Secretary General also condemned the incidents of political violence took place in the country and urged all ... Read more
HRW for neutral probe into May 5-6 violence
Human Rights Watch (HRW), on Saturday, urged the Bangladesh government to immediately set up an independent commission, to investigate the large numbers of deaths and injuries during the Hefazat-e-Islam-led protests in Dhaka, and elsewhere, on May 5 and 6. “The commission should also investigate violence that killed dozens in February, March, and April,
‘Wonder woman’ Reshma stable, doctors restrict visitors
Reshma Begum, the 23-year-old “wonder woman”, is gradually recuperating at the Savar Combined Military Hospital (CMH) after soldiers and firemen pulled her out from the rubble of Rana Plaza on Friday. She used to work in a garment factory in the collapsed building. Doctors described her condition as stable. She is in good health and ... Read more
BNP wants UN intervention over CG
The visiting UN assistant secretary general for political affairs Oscar Fernandez-Taranco has underscored the need for holding the next general election in Bangladesh on the basis of a national consensus. His suggestions came at a meeting with BNP chairperson and leader of the opposition Khaleda Zia at her Gulshan office in the capital on Saturday ... Read more