Income Tax Fair NBR bags Tk 475cr on 2nd day amid late-hour rush The National Board of Revenue collected Tk 475.39 crore in income tax on Wednesday, the second day of the weeklong tax fair across the country, with 31,044 people submitting their tax returns on the day. NBR officials said although the turnout was low ... Read more
Month: September 2014
Some of BB officials trying to save BDRAL recognition
Sme Info Sending To India Some of BB officials trying to save BDRAL recognition A section of Bangladesh Bank officials is trying to save the central bank’s recognition given to Bangladesh Development Ratting Agency Ltd although the central bank earlier took step to cancel the recognition due to alleged data trafficking to India by the ... Read more
Age-old policy, infrastructure lapses holding back FDI
Businesses say at International Investors’ Forum Investment policy based on colonial legacy, poor infrastructure, shortage of gas and electricity are the key challenges to attracting foreign direct investment in the country, experts said at a seminar on Wednesday. They also said that there were some regulatory barriers to attracting FDI and the government should address the ... Read more
Take advantage of liberal investment policy: PM
Prime minister Sheikh Hasina on Wednesday urged foreign investors to take advantage offered by Bangladesh to expand their businesses. ‘The government of Bangladesh is committed to stay on its upward course to attract FDI and maintain investment-friendly environment for our economic development,’ she said. The prime minister was inaugurating International
Piprabidya to compete for international glory
Mostafa Sarwar Farooki’s upcoming film Piprabidya has been selected for two international film festivals. The film has been chosen for the competition round of Asia Pacific Film Festival, which will take place at Brisbane, Australia in November this year. To note, Farooki’s last film Television won a grand jury award at the same festival back in ... Read more
Tamim, Mominul defy Windies
Tamim Iqbal and Mominul Haque shared 66 runs in their unbroken third wicket stand as Bangladesh continued to defy West Indies attack in the second Test in St Lucia on Tuesday. Set an improbable target of 489 runs, the Tigers reached 114-2 by tea on the fourth day, still needing 375 runs or bat out ... Read more
Streak speaks highly of pacers
The second Test against West Indies in St Lucia provided another indication that if Bangladesh’s pace bowlers are given proper wicket and opportunity they can also do well, said bowling coach Heath Streak. Three pacers – Al-Amin Hossain, Shafiul Islam and Robiul Islam – did reasonably well to bowl West Indies out for 380 runs and ... Read more
Mahbub, Nasir elected BCB vice-presidents
The Bangladesh Cricket Board directors Mahbub Anam and AZM Nasiruddin were elected vice-presidents in the election held at the Sher-e-Bangla National Stadium on Wednesday. The election got spiced when Najib Ahmed submitted the nomination papers at the last minute for the largely ceremonial posts, but hardly he could manage to
Saqlain continues to torment Zimbabwe ‘A’
Left-arm spinner Saqlain Sajib continued to torment the Zimbabwe ‘A’ batsmen after yet another five-wicket haul as Bangladesh A team were scenting a victory at the end of third day of their first four-day match at the Cox’s Bazar Stadium on Wednesday. Saqlain finished with 6-50 in the second innings in addition to his record 9-82 ... Read more
BFF clears three MSC players to play for Sheikh Russell
The uncertainty over three Mohammedan Sporting Club players playing for Sheikh Russell Krira Chkara in the upcoming AFC President’s Cup final round were all but resolved when the Bangladesh Football Federation permitted the trio to play for Russell. Earlier, Mohammedan sent a letter to the BFF asking
Trade surplus in July but brings no cheers for economy
The country posted a trade surplus of $195 million in July, for the first time in the last 14-15 years, but worries remained over the state of business situation as both export earnings and import payments dipped in the month, said Bangladesh Bank officials and economists. The export earnings stood at $2.96 billion in July, ... Read more
Top taxpayers to get CIP status: Tofail
The country’s top taxpayers will be given the Commercially Important Person status for their contribution to the government exchequer, said commerce minister Tofail Ahmed on Tuesday. ‘I will talk to the finance minister [AMA Muhith] about giving CIP status to the top taxpayers and take necessary steps accordingly,’ said Tofail at the opening of the
BB doubles borrowing cap for plastic goods exporters
Export Dev Fund BB doubles borrowing cap for plastic goods exporters Member mills of Bangladesh Plastic Goods Manufacturers and Exporters Association will now be able to borrow up to $1 million a year instead of $5,00,000 from $1.5-billion export development fund of Bangladesh Bank, the central bank announced on Tuesday. The BB issued a circular ... Read more
BSEC rejects FSIBL rights offer
The Bangladesh Securities and Exchange Commission has rejected a proposal of First Security Islam Bank Limited to issue rights share to raise Tk 200 crore as the bank failed to comply with rules related to defaulted loans. A BSEC notice posted on Dhaka Stock Exchange on Tuesday said, ‘The BSEC is not in a position to ... Read more
GP, Symphony launch handset with Firefox OS
The country’s leading mobile operator Grameenphone and handset brand Symphony on Tuesday launched a low-cost smartphone with Firefox operating system in partnership with Mozilla, an organisation best known for the Firefox web browser. The new handset, Symphony GoFox F15, will cost Tk 4,650
Dhaka stocks hit seven-month high on buying spree
Turnover crosses Tk 800cr mark again Dhaka stocks rebounded on Tuesday with the turnover crossing Tk 800-crore mark again in just one-day gap due to investors’ optimistic share purchasing expecting better returns. The key index of the Dhaka Stock Exchange, DSEX, rose by 1.05 per cent, or 49.48 points, to close at 4,759.39 points on ... Read more
Tigers spared follow-on
All-rounder Mahmudullah made a dogging fifty but it did little to hide Bangladesh’s batting woes as West Indies claimed a huge first innings lead in the second Test at St Lucia on Monday. The visitors were dismissed for 161 runs in the first session of the third day, trailing West Indies by 219 runs, which ... Read more
Don’t blame it on wicket
Bangladesh opener Tamim Iqbal refused to put the blame on wicket for their massive batting failure that took them to the brink of yet another embarrassing defeat in the second Test in St Lucia. The wicket provided sharp bounce and movement and West Indies appeared to have taken full advantage to leave Bangladesh struggling at 104-7 ... Read more
Roach revives the memory of Marshall
Any comparison made between Kemar Roach and Malcolm Marshall would irk most of the West Indian fans but he at least revived some memories of the fast bowling great with his fierce spell on Sunday. On his way to 5-33 that left Bangladesh trembling on the second day of the second Test, Roach surprised the batsmen ... Read more
U-23s stun Afghanistan
Bangladesh Under-23 national football team started their Asian Games mission with a 1-0 win over current SAFF champions Afghanistan at the Munhak Stadium in Incheon, South Korea, on Monday. Skipper Mamunul Islam was the star of the show as his stunning 84th-minute strike almost from the halfway line gave Bangladesh victory. The other Group B match between ... Read more