Corporate
Corporate
Price fall not stop even after special facilities
Staff Correspondent: The stock market of the country continues to fall. With the fall in prices on Tuesday, Dhaka Stock Exchange (DSE) has fallen for seven consecutive working days. The index decreased by 326 points. On the other hand, the index fell to the lowest position in three years. Bangladesh…
Read More »Govt coming out of ambitious budget
Zarif Mahmud: The government has set a target of bringing down the GDP growth to 6.5 percent for the current financial year (2023-24) by cutting down one percent from the apprehension of achievement. Out of ambition to deal with the global and domestic situation, the growth target for the next…
Read More »Changing policy frequently not good for banking sector
Bank chairmen opined Staff Correspondent: Bangladesh Bank is forced to change policy repeatedly due to wrong decisions, which is good at all for the banking sector and the overall economy. This has opined by the chairmen of different commercial banks.They said, no country in the world has a precedent for…
Read More »Oppo-Realme evade huge amount of tax
4-cos involved in fraudulent activities Staff Correspondent: Four companies under the same ownership. The managing director of the four organizations is ‘one’. He again took the ‘work permit’ showing himself as ‘investor’ of one of the four institutions. The work permit shows the nominal salary in an establishment.There is no…
Read More »Civil Aviation Academy receives ICAO Trainair Plus Silver certification
The Civil Aviation Academy has received the International Civil Aviation OrganisationTrainair Plus Silver certification, said the officials of the Civil Aviation Authority of Bangladesh (CAAB) in a handout. The CAAB chairman Air Vice Marshal M Mafidur Rahman received the certification from the ICAO president Salvatore Sciacchitano and secretary general Juan…
Read More »Insurance amendment Act under consideration
Rafiqul Islam Azad : The government is contemplating amendments to the Insurance Act-2010, aiming to render it more contemporary and efficacious. The objective is to ensure robust protection for both customers and companies within the insurance sector while harmonizing its provisions with other pertinent laws.The Insurance Development and Regulatory Authority…
Read More »Car insurance to be mandatory again
Zarif Mahmud: The type of car insurance is changing. Not first party or third party as before, new insurance policies are coming for cars with new names. All registered vehicle owners must have this insurance compulsorily.The draft Road Transport Amendment Act, 2024 provides for making insurance compulsory for all vehicles.…
Read More »Tk 3,000 cr VAT dispute with Padma Oil yet to solve
Staff Correspondent : There is a tug-of-war between Chittagong VAT Commissionerate and Padma Oil Company over Tk 1,400 crore VAT. State-owned company Padma Oil sells jet fuel to foreign airlines. They are not paying VAT by showing it as export. But the VAT Commissionerate claims that the bill should be…
Read More »Millions of investors have lost capital
Securities market lost confidence Mahfuz Emran : Disaster is going on in the stock market. The market has come down to the bottom. Millions of investors have lost everything. In the last 7 working days, the price of Dhaka Stock Exchange (DSE) has decreased by 300 points and the market…
Read More »Majority of share market investors lose capital
-Facing confidence crisis-Market lost Tk 76,000cr-Index lost 500 points Mahfuja Mukul: The country’s stock market has been in a bad state for a long time. Even after turning around for a few days, the stock market continues to fall again. Investors are constantly losing their invested capital. There is no…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
