Zarif Mahmud: How safe are the food products that the people of the country eat every day? Research report says – not safe at all. From the main food products rice to pulses, oil, flour-flour, turmeric-pepper,…

‘Cyber Connect 2024’ held in Kathmandu

Industry Desk: Cyber Connect 2024, a groundbreaking Cybersecurity Event, recently convened at the prestigious JW Marriott in Kathmandu, Nepal. The event was a combined synergized initiative of Genese Solution and NBA (Nepal Bankers’ Association) with AWS…

Govt faces chellenge to implement 50 pc of ADP in a month

Not possible, encourage misuse of public fund: GEF Farhad Chowdhury: According to statistics, 50 percent of the ADP will have to be implemented in the last months to complete development activities as per the target, which…

Rupali Bank performs poor during last 2-yr

* Jahangir became MD despite having two 3rd class* Unable to pay dividend in 2-yr* Downgraded to ‘Z category’ Staff Correspondent: Huge burden of defaulted loans on the head. The provision deficit has also increased abnormally.…

Political will required to catch defaulters

Mahfuz Emran: The government wants to catch the willful defaulters. This time the debtors will be caught. This is being said from the policy-making level of the government. Various steps have been taken from the central…

Consolidation will not work with out fining defaulters

Farhad Chowdhury: Bangladesh Bank recently announced the decision to merge five weak banks with five big banks. Private sector Exim Bank acquired the weakest private bank Padma Bank first, followed by the announcement of merger of…

Italy work visa applicants not required to submit original passports

Staff Correspondent: Those applying for work visa for Italy no longer need to submit their original passports when applying.The VFS Global, an outsourcing and technology services company for governments and diplomatic missions worldwide, made the announcement…

ATN Group to set up pvt medical varsity

Staff Correspondent: Global Development Bank (GDB) has in principle agreed to arrange finance for setting up a medical university with 500-beded hospital in Dhaka. The international standard medical varsity would be named on the mother of…

Disaster strikes 19 districts

Hit of storm Remal, kills 17 Industry Desk: Remal has stopped with a long-term whirlwind on the coast. But even after the storm left, the scars were left behind. Distraught people who have lost their homes…

33 private universities run without proper authority

Zarif Mahmud: Seventy-three,out of the country’s 112 private universities have at least one post of the top three posts of VC, Pro-VC and Treasurer vacant. Somewhere 2 posts are vacant in 33 universities. This means that…

Personal tax increasing in budget

Staff Correspondent: The personal tax rate may be increased by five percent in the upcoming fiscal year 2024-25. Currently, the tax rate at the individual level may increase from 25 percent to 30 percent. Apart from…