Bangladesh
Bangladesh
Incentive loans not for use in unproductive sectors: BB
Staff Correspondent: The Bangladesh Bank (BB) has instructed banks not to provide loans for unproductive sectors under the Covid-19 stimulus packages. The central bank issued the directive to the heads and managing directors of all financial institutions through a circular yesterday. The Bangladesh Bank in its circular stated that some…
Read More »TIB applauds NBR for identifying 80,000 companies not being taxed
Industry Desk: Transparency International Bangladesh (TIB) has commended the National Board of Revenue (NBR) task force for identifying about 80,000 companies not being taxed at present, and for the ongoing process and initiatives of the NBR to integrate them into the existing tax system.The TIB called for an investigation into…
Read More »Instability returns in rice market amid lockdown
Low income group in huge trouble Golam Mostafa Jibon:Despite all efforts of the government, the rice market has become unstable again due to syndicating by a section of unscrupulous traders, hoarders and rice mill owners causing immense suffering to the poor and low income group of people.Meanwhile, the price of…
Read More »Month of mourning begins today
Staff Correspondent: The month of mourning begins today for the nation to recall once again the brutal assassination of its founding father and renew the pledge to safeguard perpetually the country’s independence and sovereignty.The killing of Father of the Nation Bangabandhu Sheikh Mujibur Rahman and most of his family members…
Read More »Govt gives huge subsidy to farmers
Staff Correspondent: Agriculture Minister Dr Md Abdur Razzaque yesterday said that Prime Minister (PM) Sheikh Hasina has been continuously giving huge amount of money as subsidy and incentive in the agriculture sector in order to benefit the farmers of the country.“The government led by Prime Minister Sheikh Hasina has been…
Read More »Sustainable river dredging needed for economic dev
Staff Correspondent: Experts at a webinar yesterday identified green transportation or waterways, river training, capacity building, sustainable dredging in terms of social, economic and environmental perspective as some of the key issues towards sustainable waterways management and thus ensuring economic advancement in the country.They also highlighted lack of master plan,…
Read More »Some media publish wrong news against govt: Hasan
Staff Correspondent: Information and Broadcasting Minister Dr Hasan Mahmud yesterday said some international mass media are publishing wrong and untrue news intentionally against the government and the state as well, which is not desirable.“There are some foreign online news portals which carry out rumours and spread propaganda constantly against the…
Read More »11 held for breaching bonded warehousing rules
Staff Correspondent: Police have arrested 11 people for selling cloth in the open market after importing products through bonded warehousing, a tax-free facility provided by the government to export-oriented industries.The detainees have been identified as Shahadat Hossain, Saiful Islam Jibon, Rubel Akon, Md Masum, Monir Hossain, Robin aka Hridoy Sardar,…
Read More »Covid restrictions may be relaxed after August 5
Staff Correspondent: State Minister for Public Administration Farhad Hossain yesterday said that the ongoing strict restrictions may be relaxed after August 5.He said the current strict restrictions could be relaxed somewhat to keep industrial production continue and economic activity going on. Farhad Hossain said this while talking to reporters yesterday.…
Read More »Bangladeshis are at top to go Europe by risky sea
3332 Bangladeshis seek asylum in 7-month Special Correspondent: Thousands of migrants from poor African countries crossing the rough Mediterranean are not new to Europe. Many people from countries like war-torn Syria are following the same path. But surprisingly, Bangladeshis have risen to the top due to going to Europe illegally.…
Read More »
Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
