Tk 92,000 cr smuggled every year Zarif Mahmud: According to the GFI report released in December last year, $4,965 million have been smuggled out of Bangladesh in 6 years. Which is Tk 556,000 crores in local…

Spices witness ever highest price ahead of Quarbani

Staff Correspondent: Prices of almost all spices have doubled in a year, and consumers are particularly feeling the pinch ahead of Eid-ul-Azha when consumption of spices is high.Despite sufficient stock and import of essential spices, traders…

$300 m saved reducing food grains import

Mahfuz Emran: The government is reducing the import of food grains to reduce the pressure on the reserves. For this reason, it has been decided to reduce the import of 5 lakh metric tons of rice…

Cattle price sky high Supply almost double

Shahin Sagor, Rajshahi: In Rajshahi there are twice as many sacrificial animals as the demand. Still, the sellers are asking for an additional price. Most of the buyers are not able to match the account due…

Bangladesh Rail spends Tk 2.78 to earn Tk 1.00

Corruption main barrier Mahfuja Mukul: Even 25-years ago, Bangladesh Railways was a profitable company. Even after meeting all the expenses of running the train, the money that the company earned by transporting passengers and goods would…

Security asset will be forfeited, if default

Secured Transactions Act is final Bill to be presented this week Mahfuja Mukul: If the borrower defaults, the ‘immovable property’ of the collateral will be forfeited. Besides, repossession of movable property can also be taken. The…

Huge fines for finding untax assets abroad

Staff Correspondent: The Income Tax Bill-2023 has been passed in the National Parliament on Sunday, reducing the discretionary power of income tax officers to facilitate the filing of returns in order to increase revenue. The new…

Dhaka airport 3rd terminal to be inaugurated in Oct

Staff Correspondent: State Minister for Civil Aviation and Tourism Md. Mahbub Ali said the third terminal of Hazrat Shahjalal International Airport will be inaugurated in the first week of October this year. He made the disclosure…

Dhaka to bring major changes in traffic mgt

JICA will pay funding Mahfuz Emran: The capital Dhaka is the most populous and busiest city in the country. Traffic management in this city is more complicated than many other places. Traffic jams and traffic mismanagement…