Corporate
Corporate
Evaly CEO now sued in Jashore
Jashore Correspondent: Evaly Chief Executive Officer (CEO) and Managing Director Mohammad Rassel has now been sued in a cheque fraud case in Jashore.An Evaly customer filed the case with a Jashore Court yesterday.According to the case statement, the customer named Tarafder Md Moshahedur Rahman received a National Bank cheque of…
Read More »Competition Commission to sue e-commerce firms
Staff Correspondent: Chairperson of Bangladesh CompetitionCommission Md Mofizul Islam yesterday said they would sue those e-commerce firmswhich would sell products giving much more discounts compared to the usualmarket price or production costs to cheat the consumers.“Some e-commerce firms are selling products giving abnormal discounts tocheat the consumers, even they are…
Read More »Revolving around greed …
Ibrahim Khalil: In the lure of a huge discount, the customer came in a daze, some people wanted to become rich in a few days by buying products from the e-commerce platform “Evaly” — their dream has now turned into a nightmare.Mohammad Russell, the founder of Evaly, used to come…
Read More »Per capita debt stands Tk24,890
Says Finance Minister Staff Correspondent: Bangladesh’s per capita external debt now stands at Tk24,890, said Finance Minister AHM Mustafa Kamal.The minister made the disclosure while responding to a question from Didarul Alam, a ruling party MP from the Chittagong-4 constituency, at the 14th session of the 11th parliament today with…
Read More »BB to launch Tk 3,000 crore agro loan refinance scheme
Staff Correspondent: Bangladesh Bank has decided to set up a Tk 3,000 crore refinance scheme for the agriculture sector to deal with the financial crisis caused by Covid-19 pandemic.“The Tk 3,000 crore fund, named “Agriculture Sector Stimulus Re-financing Scheme (second phase)” was decided to be formed in order to ensure…
Read More »Mass transportation startup Jatri raises $1.2 million
Industry Desk: Bangladesh and Singapore-based public transportation platform Jatri has raised $1.2 million in a pre-series A round participated in by Reflect Ventures, BTFV vision fund, SBK tech ventures, and prominent global strategic mobility investors.As well, existing investors took part in the round.In about two years of its operations, the…
Read More »Gamblers take control of BD share market!
Golam Mostafa Jibon: Allegation has been intensified that country’s stock market has now gone under the hands of gamblers that spoiling normal atmosphere and expanding risk.According to the sources, Mithun Knitting and Dyeing (CEPZ) Limited has not paid any dividends to investors for the last four years. According to the…
Read More »Govt to provide automated services to taxpayers
Staff Correspondent: The government has taken several measures to provide seamless services to the taxpayers through automation and digitalisation of Income Tax, VAT and Customs Departments under the National Board Revenue (NBR), according to an official document.The government believes that internal sources will be the main field of revenue collection…
Read More »E-orange charged vendors after dodging payments
Staff Correspondent: E-orange sued seven of its vendors on charges of Tk 6.63 billion embezzlement, but the suppliers have pointed the finger back at the online marketplace mired in allegations of fraud.If the accounts they gave to police are correct, Eorange itself owes them money.Harunor Rashid, a joint commissioner of…
Read More »Nagad customers suffer as accounts blocked
Alleging suspicious transactions Special Correspondent: A number of Nagad users have claimed that they have been unable to conduct transactions on their accounts because the mobile banking service provider has suspended them for suspected anomalous purchases with e-commerce platforms.Some of them even flocked to the Nagad headquarters in Dhaka yesterday…
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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 …
