Sunday, 24 Nov, 2024

Business

Remittances to lower income countries ease in 2022: World Bank

Cash transfers to low- and middle-income countries eased this year, with rising prices taking a toll on migrants' incomes, the World Bank said Wednesday. Remittances to lower-income countries rose around five percent to $626 billion, lower than the 10.2 percent jump in 2021, the

Tax return submission deadline extended till Dec 31

The National Board of Revenue (NBR) has extended the income tax return submission deadline for individual taxpayers by a month till December 31. The deadline for the tax year 2022-2023 has been extended until December 31 this year as per the section 184G of the Income Tax Ordinance

‘We strive to build a reliable and sustainable capital market’

Apart from giant companies, small investors and ordinary people also aspire to see the country's capital market as a safe and profitable place for their investment. However, a secure capital market is yet to be built, even after two significant scams in 1996 and 2010. ABG Limited

BB okays mobile financial services to bring in remittance

Bangladesh Bank (BB) has allowed Mobile Financial Service Providers (MFSPs) to bring wage earners' remittances to Bangladesh. The central bank issued a circular today in this regard.  The circular says: "To bring wider flexibility, licensed MFSPs will be allowed to

No jeweller to be harassed: Home Minister

Home Minister Asaduzzaman Khan Kamal has assured that no jeweller will be exposed to harassment by any member of law enforcement agency. He made the assurance as a delegation of Bangladesh Jewellers’ Association (BAJUS) met him at his residence in the capital Monday night. The

‘Poshian Conference 2022’ held in Dhaka

Pop of Color Limited, the first organization in Bangladesh established in 2014 working intensively with the goal of the socio-economic development of women and making them self-reliant has organized a mega event on 25th November at Hotel Radisson Blu Dhaka Water Garden in Grand Ballroom.

NCCI launches white paper on 'FDI in Logistics Sector'

The Nordic Chamber of Commerce and Industry (NCCI) in Bangladesh, hosted the online launch of its white paper titled “FDI in Logistics Sector”, a follow up to the daylong event on the same topic, hosted by the chamber in May of 2022.  The event was attended by business

Gazipur meeting: BAJUS building image of gold traders

Bangladesh Jeweller’s Association (BAJUS) has increased honour of gold traders in last one year providing shield for doing business from any challenges, said a central leader of the organisation. “I served BAJUS for long time. However, there were not many developments then.

Anvir-led BAJUS to give impetus to national economy

Bangladesh Jewellers Association (BAJUS) led by its President and Bashundhara Group Managing Director Sayem Sobhan Anvir will contribute to flourishing national economy. This was said by BAJUS Vice President Dr Dewan Aminul Islam Shahin at a view exchange with Rangamati unit leaders

ABG Limited gets approval of CSE 

Chittagong Stock Exchange (CSE) shareholders have approved the sale of its 25% stake to Bashundhara Group’s ABG Limited. The shareholders gave their approval in an Extraordinary General Meeting (EGM) held in Chattogram on Thursday. CSE Chairman Asif Ibrahim presided over the EGM.

BAJUS President demands legal action against gold smugglers

Bangladesh Jeweller's Association (BAJUS) President and Bashundhara Group Managing Director Sayem Sobhan Anvir has demanded tough action against the gold smugglers through amending the law. "Many smugglers skip punishment due to loopholes of law. If necessary, the law should

Air Astra kicks off flight 

Private airline Air Astra has spread its wings today (Nov 24) with cent percent passengers on flight 2A 441, from Dhaka to Cox’s Bazar. The newest airline of the country will operate three flights on Dhaka-Cox's Bazar-Dhaka route and two flights on Dhaka-Chattogram-Dhaka

Gold business reviving in country due to President Anvir: BAJUS

Jewellery business is booming in the country under leadership of Bangladesh Jewellers’ Association (BAJUS) President Sayem Sobhan Anvir. This was said by BAJUS Vice-President Anwar Hossain in a view exchange meeting with leaders of the Jhenaidah unit of the organisation at

Magura meeting: Gold traders urged to follow BAJUS guidelines

Bangladesh Jewellers’ Association (BAJUS) has urged gold traders to follow the guideline of the organisation while doing business. BAJUS vice president Anwar Hossain made the call while addressing a view-exchange meeting with Magura unit leaders and stakeholders in the district

NOVOAIR to operate Jashore-Cox’s Bazar direct flights from Nov 30 

NOVOAIR will operate the flights between Jashore to Cox's Bazar route from November 30 apart from offering hotel free to Cox’s Bazar for three nights. The direct flight will depart from Jashore every Wednesday at 11:45 AM and will arrive in Cox's Bazar at 12:55 pm.

Prices of 24 medicines hiked 

The Directorate General of Drug Administration (DGDA) has increased prices of 24 essential drugs used in primary healthcare. Spokesperson and director of the Directorate of Drug Administration Ayub Hossain disclosed this to Banglanews on Tuesday (November 22). He said the prices of

Bulk electricity price go up by 19.92 percent

The bulk power tariff has been raised by 19.92 to Tk 6.20 per kilowatt hour (each unit) from previous Tk 5.17 with effect from March 3, 2022. Chairman of Bangladesh Energy Regulatory Commission (BERC) Md Abdul Jalil today (Nov 21) announced the decision to raise the tariff disposing

ABG, CSE sign deal to open a new horizon in economy 

The ABG Limited, a sister concern of Bashundhara Group, officially started its journey as a strategic partner of Chittagong Stock Exchange (CSE) by signing an agreement on Sunday. A new horizon has opened in the country’s economic arena with the signing of a landmark agreement,

Local investment to change Bangladesh's fate: Ahmed Akbar Sobhan

Bashundhara Group Chairman Ahmed Akbar Sobhan on Sunday (Nov 20) said local investment is the key to the development of the country. He citing examples, said telephone companies are invested by foreign companies which are taking money away from the country’s people. “Had

Ranks FC receives Mayor Award at Chattogram

Ranks FC Properties have received the Mayor Award on Nandonik Chattogram in the institutional category in Chattogram. Chattogram City Corporation, in collaboration with Tilottama Chattogram, handed over the award to to Ranks FC Properties CEO Tanveer Shahriar Rimon. Mayor of