Monday, 25 Nov, 2024

Business

Tax for vehicles with number plate outside Dhaka

DHAKA: The vehicles without having number plate of Dhaka City will have to pay Tk 1,000 each during plying in the city, says a proposed Dhaka South City Corporation budget provision for 2014-15 fiscal year.DSCC administrator Mohammad Ibrahim Hossian Khan told media on Thursday noon at

Exports up by 11pc as RMG sales rise

DHAKA: The exports of the country rose around 11.65 percent in the 2013-14 Fiscal Year that ended in June than the previous year, thanks to the stronger clothing sales.The Export Promotion Bureau disclosed the matter on Thursday saying the amount of export was nearly $30.18

Tax on mobile tower set up in city

DHAKA: The government is going to impose tax on mobile towers set up at different buildings in the capital various spots in the capital from fiscal year 2014-15.    Dhaka City Corporation (DCC South) placed a proposal in this regard at its fiscal year 2014-15 budget session at its

DSE trading remain closed for 7-day

DHAKA: The trading and official activities of Dhaka Stock Exchange Ltd will remain closed for seven days from July 27 for holidays of "Eid-ul-Fitr". The Eid vacation will start from July 27 and continue till July 31. But August 1 and 2 are public holidays which mean the total vacation

Stocks witness mixed Thursday

DHAKA: Both two bourses of the country witnessed mixed trend in share-price indices on Thursday. The broad index of Dhaka Stock Exchange, DSEX, shed over seven points to stand at 4,363 at the close on the last trading day of the week. Trade deals stood at 48,316 with transaction at Tk

DCs asked to monitor essentials price

DHAKA: The government on Wednesday asked the deputy commissioner (DC) to monitor the market for keeping the prices of daily essentials under the people’s purchasing power.Besides, the field administration was also asked to supervise the prices keeping it tolerable throughout the

Plan your team to play fantasy league!

DHAKA: Transtec brought a new fantasy league for the first time in the country named TRANSTEC KICK-OFF MANAGER. The game is available on Facebook.With the help of Spellbound Communications Limited, Transtec brought the exciting game for the extreme football lovers in the season of

No new factory outside economic zone

DHAKA: The incumbent government will not give any approval of new factory outside the exclusive economic zone, said industries minister Amir Hossain Amu.The minister told media on Wednesday after the conference of Deputy Commissioners (DC) with the ministry of industries.Amu said

Bourses see fall Wednesday

DHAKA: Investors witnessed slight fall in the benchmark indices of the country’s bourses on Wednesday.The DSE broad index shed over five points to stand at 7371 at the close on the fourth trading day of the week.Trade deals stood at 47269 with transaction at Tk 1574 million.     Of

HC issues rule upon BB governor

DHAKA: The High Court has issued a rule upon Bangladesh Bank Governor Dr Atiur Rahman to explain ‘what steps have been taken about the tax evasion by foreign shipping companies and money laundering after investigations’. An HC bench comprising Justice Mirza Hossain Haider and Justice

1st online Eid Fair begins Thursday

DHAKA: The first-ever online Eid Fair organized by RallyRound will begin on Thursday to do the eid shopping online, said a press release on Tuesday. Emelabd.net will be a platform where different houses will displays their brand products including dresses, jewelry, computer, electronics,

Rupali Bank gets new DMD

DHAKA: M Abu Bakar Siddique has been appointed as new Deputy Managing Director (DMD) of Rupali Bank Limited. Public Relations Officer of the bank Khairul Hossain Razu issued a press release in this regard on Monday. The news release said recently bank and financial institutions division

Basic Bank gets 4 new directors

DHAKA: The government has appointed four new directors to Basic Bank Ltd for three years after appointing new chairman to the state-run bank. The Bank and Financial Institutions Division of Ministry of Finance issued a gazette notification in this regard on Monday. The new directors are

Stocks end lower Monday

DHAKA: Country's stock market marked fall again in its price indices on Monday.  The broad index of Dhaka Stock Exchange, DSEX, shed over 34 points only to stand at 4376 at the close on the second trading day of the week. Trade deals stood at 58431 with volume of transactions at Tk

BD products’ duty-free market growing

DHAKA: Bangladeshi commodities are going to get vast Indian Market as bilateral agreement between the two nations is exist.Under the agreement of The South Asian Free Trade Area (SAFTA) Bangladesh get the tax and duty free commodity entrance in Indian market except 25 products like

Budget for split DCCs Monday, Tuesday

DHAKA: The budget for mayor-less Dhaka South City Corporation (DSCC) and Dhaka North City Corporation (DNCC) will be declared respectively on Monday and Tuesday respectively. For the fiscal year 2014-15, the DSCC budget will stand at Tk 1,800 crore while Dhaka North City Corporation

Alauddin BASIC Bank’s new chairman

DHAKA: Alauddin A Mojid has been appointed as new chairman of the state-owned BASIC Bank’s board of directors on Sunday. The appointment was made two days after previous chairman, Sheikh Abdul Hye Bacchu, resigned on Thursday following the allegation of irregularities in loan

BD gets $78mln WB loan for solar system

DHAKA: The World Bank’s International Development Association (IDA), its soft loan wing, pledged to provide $78.4 million loan to the government to add 480,000 solar home systems.Government signs deal to develop its Rural Electrification and Renewable Energy Development II project

Stocks end lower Sunday

DHAKA: Country's stock market marked fall again in its price indices on Sunday.  The broad index of Dhaka Stock Exchange, DSEX, shed over 25 points only to stand at 4,411 at the close on the first trading day of the week. Trade deals stood at 61,175 with volume of transactions at Tk

Remittances down in 2013-14

DHAKA: Bangladeshi citizens working overseas sent a $14.227 billion in remittances during the period of July 2013 to June 2014 fiscal, a down by 1.6 percent from the previous year, said Bangladesh Bank (BB). Remittances inflows turned positive in February - the first year-on-year