Corporate
Corporate
Govt’s crucial support to RMG industry makes a turnaround
BGMEA President discusses overall situation in RMG sector with Monnujan Staff Correspondent:President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Faruque Hassan has thanked the government for providing crucial support to the RMG industry during the difficult time of Covid pandemic that helped the sector “survive and make a…
Read More »Capital backs to normalcy despite massive virus spread
Staff Correspondent:The government has relaxed Covid-19 strict lockdown after 19 days as offices, factories and public transports resume from yesterday. With the resumption of offices and public transports, the capital Dhaka has returned to its original form.Visiting different areas of the Capital on Wednesday morning our correspondent reported that traffic…
Read More »LTU realizes Tk 1,056cr arrear tax in FY21
Staff Correspondent: The Large Taxpayers Unit (LTU) under the National Board of Revenue (NBR) realized Tk 1,056 crore as arrear income tax in the last fiscal year (FY21) despite the COVID-19 pandemic.This collection of arrear income tax in the last fiscal year was 55 percent higher than the collected arrear…
Read More »ACC summons 34 in FAS Finance officials
Staff Correspondent: The Anti-Corruption Commission (ACC) has summoned 34 people, including 30 top officials of FAS Finance, to investigate their alleged involvement in money laundering in connivance with fugitive Prashant Kumar (PK) Halder. PK Halder, former managing director of International Leasing and Financial Services Limited (ILFSL), has been accused of…
Read More »Muted response to e-commerce SOP reflects recent troubles
Staff Correspondent:The Commerce Ministry has recently completed its task of formulating a set of Standard Operating Procedures for the e-commerce industry.Yet the muted response to the SOPs reflect the significantly deeper concerns surrounding the industry, that have come to light recently in the form of troubling revelations about some of…
Read More »BB freezes 14 bank accounts of Dhamaka
Money laundering Staff Correspondent: The Bangladesh Bank has ordered freezing 14 bank accounts related to Dhamakashopping.com, including the personal bank accounts of its managing director Jasim Uddin Chishti on information of money laundering by the e-commerce company.Of the frozen accounts, five are in the name of Jasim Uddin, seven in…
Read More »BGMEA urges its members to release imported goods from Ctg port
Industry Desk: The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) issued a notice yesterday urging concerned members to unload their imported items from Chittagong port and transport them to their factories.The announcement from the BGMEA stated that the activities of the Chittagong Port Authority (CPA), Dhaka Airport, relevant Customs House,…
Read More »Bangladesh keeps investment doors open despite pandemic
Says BEZA chief Yusuf Harun Staff Correspondent: Bangladesh Economic Zones Authority (BEZA) Executive Chairman Shaikh Yusuf Harun has said the Bangladesh government continues investment services despite pandemic to allure investors to come with their new ventures here.“Investors from home and abroad are being able to invest easily in Bangladesh despite…
Read More »E-commerce in the custody
Syed Ishtiaq Reza:As the habit of buying things online grows, so do the pages of mass media and social media. The real business of today’s e-commerce stores is to delay the delivery of goods in the name of giving all the lucrative discounts, not to give the products at all,…
Read More »21,480 borrowers reschedule loans by HC order in 5-yrs
Staff Correspondent:In between January 2015 and December 2019, a total of 21,480 companies and individuals rescheduled loans with directives from the High Court.Mahmud Fabrics and Finishing Limited in Chattogram’s Double Mooring area has been named among the top defaulters on the Bangladesh Bank’s Credit Information Bureau (CIB) list. It owes…
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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 …
