Corporate
Corporate
Life insurers spent Tk 115 cr illegally
In name of business procurement Zarif Mahmud: A number of life insurance companies have pledged in 2016 to recoup excessive spending (adjusting past expenses by reducing costs) in violation of the law in the management sector. However, far from being recharged, half of the companies doing business in the country…
Read More »DSE market capital decreased by Tk 6,000 cr
Staff Correspondent: The country’s stock market has gone through the last three working days of last week through falling prices. As a result, the market capitalization of the main stock market Dhaka Stock Exchange (DSE) has decreased by about Tk 6,000 crore in a single week. Along with the decrease…
Read More »Capital Market Stabilization Fund disheartened auditors
The Fund’s Audit and Accounts Management Committee (AAMC) has expressed dissatisfaction with the issuing companies as no significant amount of money and shares have been deposited in the Capital Market Stabilization Fund (CMSF). This information has been known from the relevant sources of the fund.Sources said that despite the huge…
Read More »EVMs as much obstacle to hold fair election
Saleh Ahmed Husain: The ruling party Awami League wants to complete the upcoming parliamentary elections through electronic voting machine (EVM). The party president has already given such an indication. However, there are various obstacles to implement 100% vote in EVM. None of the Awami League’s allies are in favor of…
Read More »EC doesn’t capable to use EVMs in 300 seats: CEC
Staff Correspondent: Chief Election Commissioner (CEC) Kazi Habibul Awal said it had not been decided whether the next national election would be on ballot paper or electronic voting machine (EVM). He was speaking to reporters after inaugurating the voter list update program at the Election Commission’s Training Institute yesterday.The CEC…
Read More »30,000 tons of urea to be procured
At a cost of Tk 227 cr Staff Correspondent: The Ministry of Industries has taken initiative to procure 30,000 metric tons of bagged granular urea fertilizer from Karnafuli Fertilizer Company Limited (Kafco) in the 18th lot to meet the demand of fertilizers in the agricultural sector of the country. The…
Read More »Bumper yield of soybean in Laxmipur
To be produced Tk 300cr oil Laxmipur Correspondent: Soybean bumper crop has been harvested in Laxmipur. If the weather is favorable, farmers will be able to take soybeans home in the next two to one days. The Department of Agriculture says that the production of Soybean in the district has…
Read More »Soybean oil disappeared even after hiking prices
Golam Mostafa Jibon: Soybean oil has disappeared from the market due to tricks of a syndicate even after hiking prices that creates agitation among the consumers.Though, the price of Soybean oil has reduced in the world market now, the anarchy over its price is going on across Bangladesh due to…
Read More »Over 2,000 litres of hoarded Soybean oil found in Chattogram
Chattogram Bureau: A mobile court led by an executive magistrate has recovered 2,328 litres of soybean oil from a retailers’ house at Chattogram’s Fatikchhari.The raid was part of a government crackdown amid a significant crisis in the cooking oil market.The retailer, Akhter Hossain, was fined Tk 40,000 under the Essential…
Read More »One crore family to get
edible oil at Tk 110 per litreStaff Correspondent: Trading Corporation of Bangladesh (TCB) will sell edible oil at Tk 110 per litre to its one crore cardholder families from next month, June.“We will sell the edible oil at Tk 110 per litre to one crore TCB cardholder families from June,” Senior Commerce Secretary Tapan Kanti Ghosh…
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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 …
