DHAKA:  State Minister for Finance & Planning MA Mannan said the allegations of mishandling the gold under the authorization of Bangladesh Bank not true in a whole.  “No such imbalance was made to the extent as published in the news. It was little, if happened though,” he said.

CHATTOGRAM: A Chattogram court sent four employees of Agrani Bank to jail in a graft case filed over money embezzlement by Anti Corruption Commission (ACC). Metropolitan Special Judge and Metropolitan Sessions Judge Akbar Hossain Mridha passed the order on Tuesday (July 17). The 4

DHAKA: Finance Minister Abul Maal Abdul Muhith said it is not possible for banks to reduce interest rate overnight.  The minister was replying to a query of reporters following a cabinet committee meeting at the Secretariat on Wednesday (July 11). When asked why all the banks have

DHAKA: A new railway link will be constructed from Rooppur nuclear power plant to Ishwardi Upazila of Pabna for transporting Heavy machineries and other accessories. Dual gauge railways will be constructed from the Ishwardi Bypass Take-off point to the Rooppur nuclear power plant.

DHAKA: Travel & Tourism Fair (TTF), the oldest and one of the biggest travel trade shows in India held in the city of Kolkata at the Netaji Indoor Stadium and the adjacent Khudiram Anushilan Kendra on July 6-8, 2018, said a press release. TTF Kolkata has been always receiving large

DHAKA: The cabinet has approved the draft of National Agriculture Policy-2018 integrating nano-technology, mechanization, genetic and cooperative based farming. The approval came from a regular cabinet meting chaired by Prime Minister Sheikh Hasina at secretariat on Monday (July 9).

DHAKA: NOVOAIR, country's leading private airline, has added another 68-seater ATR 72-500 model aircraft, raising its aircrafts number to six in fleet. The aircraft landed at Hazrat Shahjalal International Airport on Sunday at 2:15pm. Managing Director Mofizur Rahman, Deputy

The Rota Year 2018-19 has just begun. Rtn. Engr. Tanvir Shahriar Rimon assumes Chairmanship to Rotary International Convention 2019 for Dist 3282, which will take place in Hamburg, Germany. He has been assigned for this position by District Governor Rtn. Dilnasheen Mohsen and she

DHAKA: Private Banks will have to pay 6 percent interest against the deposits of government institutions. The decision was made in a meeting between Bangladesh bank governor Fazle Kabir and chief executive officers (CEO) of scheduled banks at Bangladesh Bank conference room on Monday

DHAKA: Nasrul Hamid, state minister of the Ministry of Power, Energy and Mineral Resources, made a courtesy call on Ian Paul Steff, Deputy Assistant Secretary for Manufacturing in U.S. Commerce Department’s International Trade Administration in Washington DC on Tuesday (June 26).

The Asian Development Bank’s (ADB) Board of Directors has approved a $500 million loan to develop a state-of-the-art 800 megawatt (MW) power plant in Khulna, Bangladesh, along with associated connections to natural gas and power transmission facilities. “In the face of rising

DHAKA: A notice issued by the Bangladesh Bank, upon direction from the Public Administration Ministry, said that all the banks and financial institutions in Gazipur City Corporation area will remain closed Tuesday (June 26) due to election.  Copies of the notice were sent to the chief

DHAKA: A Dhaka court on Sunday (June 24) sentenced three officials including the Chairman of Mark Bangladesh Shilpa & Engineering Limited to five years in jail each, in a case filed over a share market scandal. Besides, the company was fined Tk 50 lakh. Judge Akbar Ali Sheikh of the

DHAKA: Japan will provide Tk 15,326 crore (USD 1,831 million) loan to Bangladesh for implementing six developmental mega projects including Jamuna railway bridge. Economic Relations Division (ERD) Secretary Kazi Shofiqul Azam and Japanese Ambassador to Dhaka Hiroyasu Izumi signed the

DHAKA: The government has not imposed any Value Added Tax (VAT) on remittance in the proposed budget for 2018-19 fiscal year, said an official of the National Board of Revenue (NBR). NBR senior information officer Sayed A. Mumen said it in a statement released on Wednesday (June 13).

British American Tobacco (BAT) Bangladesh received yet another international accolade, the Asia Responsible Enterprise Award 2018 (AREA) for its CSR initiative ‘Deepto’ under Green Leadership category.  The award was handed over at the International CSR Summit 2018 held in Manila,

DHAKA: National Board of Revenue (NBR) Chairman Mosharraf Hossain said no VAT will be imposed on online shopping. He was addressing the post-budget press briefing, at Osmani Auditorium in Dhaka Friday (June 8).  “VAT has been imposed on various social media platform including

DHAKA: The government on Thursday (June 7) has proposed a Tk 4,64,573 crore budget for 2018-19, fixing the target of attaining a higher GDP growth of 7.8 percent in the financial year. Total Outlay                                    Tk 4,64,573 cr Total Tax Revenue

DHAKA: Finance Minister AMA Muhith has started placing the 47th national budget for Fiscal Year 2018-19 in the Parliament on Thursday afternoon (June 7). After placing the supplementary budget for 2017-18 at 12:40 pm, finance minister AMA Muhith started reading out the proposed budget

DHAKA: The cabinet approved the proposed budget of the fiscal year 2018-19 in a meeting at Jatiya Sangsad Secretariat on Thursday (June 7) noon. This will be the tenth budget of the incumbent Awami League-led government after it assumed power in January of 2014. The size of the