Corporate

Staff Correspondent: No one without a mask will be allowed to enter the cattle markets to be set up ahead of Eid-ul-Azha across the country, said Home Minister Asaduzzaman Khan yesterday.This year, a total of 4,407 eid cattle markets will be set up where everyone must follow Covid health guidelines,…

Struggle to obtain civic services Staff Correspondent: Although five years have passed, tens of thousands of residents of 18 wards that were incorporated under the Dhaka North City Corporation (DNCC) cannot yet avail the civic services they are entitled to.This is despite paying holding tax since 2016, leading to disappointment…

8 others also involved Court Correspondent: Taksim A Khan, the managing director of Dhaka WASA, and eight others are facing charges of embezzling Tk 1.32 billion from the employees’ co-operative society.The society’s Secretary Shahab Uddin Sarkar filed a complaint against them in court yesterday, according to the plaintiff’s lawyer Munzur…

Industry Report: The pharmaceutical industry in Bangladesh is one of the fastest growing industries; with a market size of over Tk 27,000 crore.The sector is meeting 98% of the country’s total demand, which grew at an average 15.6 percent per annum, having an export income of $169 million in FY…

Mahfuz Emran: Buyer crisis has occurred in the country’s stock markets. This is causing a continuous drop in prices. On Tuesday, the third working day of the week, the house of purchase orders of hundreds of companies on the main stock market Dhaka Stock Exchange (DSE) became empty. The price…

Amount of claim money Tk 1413.57 cr Mahfuz Emran: According to a report, between July and September 2021, the amount of outstanding insurance claim is Tk 1413.57 crore. The general insurance companies paid 8,134 insurance claims. In contrast, 12,609 insurance claims are outstanding. At this time the amount of insurance…

65 pc ADP implemented in 11-month Mahfuz Emran: The government has set to spend Tk 65,163 crore in only 15 days of the current financial year, which is 35 percent of the annual development program (ADP). The ministries and agencies of the government have been able to spend 65 percent…

Dr Mohammad Farasuddin Staff Correspondent: Renowned economist, Personal Associate of Bangabandhu and former governor of Bangladesh Bank Dr Mohammad Farasuddin said the proposal to bring back the laundered money after paying tax is unethical and illegal.“The opportunity given to the money launderers to bring their money back to the country…

Industry Desk: Renowned economist Professor Wahiduddin Mahmud said it is ridiculous that the low-income people have been kept under income tax in black and white avoiding any effective measures to tackle the tax dodging of tens of thousands of middle class and rich people and stop the corruption of the…