Day: June 3, 2024
Thousands of Bangladeshi workers were left stranded this week, the victims of a bureaucratic breakdown between Bangladesh and Malaysia, and unscrupulous recruiting agents. The scenes at Hazrat Shahjalal International Airport, with hundreds waiting in vain for flights they didn’t have, were a stark illustration of a system that failed its people. The blame goes around. Malaysia set a deadline in March for workers to arrive, a deadline the Bangladesh government only addressed weeks later. This delay left recruiting agencies scrambling...
Al Jazeera : Halla Tomasdottir, a businesswoman and investor, has won Iceland’s presidential election, topping a crowded field of candidates in which the top three finishers were women, the country’s national broadcast service reports. Tomasdottir, 55, was elected to the largely ceremonial post with 34.3 percent of the vote, defeating former Prime Minister Katrin Jakobsdottir, with 25.2 percent, and Halla Hrund Logadottir, with 15.5 percent, RUV said on Sunday. Tomasdottir is currently on leave as chief executive of The B...
Business Report : In a groundbreaking move, aamarPay, one of the country’s leading online payment gateway companies, has launched the nation’s first fintech “Super App”-the aamarPay Super App. This innovative platform aims to streamline the daily needs of customers by integrating all essential services and payment methods into a single, convenient app. The announcement was made at an event held at the BASIS Auditorium in BDBL Bhawan, Kawran Bazar, Dhaka, on Saturday, reads a press release. Russell T. Ahmed, President...
Al Amin : The government is considering a significant adjustment in Value-Added Tax (VAT), aiming to raise it to 15 per cent for a range of products. Here’s an overview of the proposed changes: LED bulbs ranging from 1WATT to 50WATT, currently taxed at 5 per cent, may see an increase to 15 per cent. Tube lights spanning from 18WATT to 36WATT, currently taxed at 5 per cent, may also face a VAT hike. Mango juice, tamarind juice, guava juice,...
Business Report : Export prices of locally made garment items have fallen by 8 percent to 16 percent year-on-year over the last eight months, according to data of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). International market prices declined mainly because of a fall in demand from end consumers suffering from high inflationary pressure due to the severe fallouts of Covid-19 and Russia-Ukraine war. Moreover, the volume of garments exported from Bangladesh to major markets also exhibited a declining...
Sylhet Bureau : The selection of Nurses Association MAG Osmani Medical College Hospital Sylhet has been completed in a festive...
City Desk : The American International University-Bangladesh (AIUB) conducted its freshman student orientation on Saturday as a formal induction for all the newly enrolled students of the upcoming semester. The sessions were organized separately for undergraduate and graduate programs within the four faculties on campus. Representatives from the Office of Student Affairs (OSA) provided the new students with essential information regarding the various policies, services, and regulations of the university. They also outlined the procedures for effectively utilizing the university’s...
City Desk : Environment, Forest and Climate Change Minister Saber Hossain Chowdhury on Sunday said active citizen participation, especially from the youth, is crucial in implementing policies aimed at protecting environment and promoting sustainable development. “Youth must engage themselves in solving the UN identified three critical problems in the world: climate change, biodiversity loss, and pollution,” he said while addressing the closing ceremony of the Dhaka University National Model United Nations (DUNMUN) 2024, themed “Sustainability beyond Conflict: Forging Equitable Peace...
Business Report : State owned Rupali Bank’s net profit jumped by 29% in the January-March of this year compared to the previous year, according to the bank’s financial statement disclosed on Saturday. During the first quarter of 2024, its earnings per share was Tk0.49, which was Tk0.38 at the same time a year ago. At the end of March, its net asset value per share stood at Tk36.07. On Thursday, Rupali Bank shares closed 1.20% higher at Tk25.20 on the...
Sports Reporter : Bangladesh again showed dismal batting performance against India in their warm-up match at New York in the...
Business Report : Mastercard has been honored with the prestigious TOAB International Tourism Award (TITA) by the Tour Operators Association of Bangladesh (TOAB) under the category “Excellence in Tourism Friendly Payment Service” for outstanding contribution, dedication, and introducing innovative solutions for the tourism industry in Bangladesh. Syed Mohammad Kamal, country manager, Mastercard, received the award on behalf of Mastercard in a grand award presentation at a city hotel, in Dhaka. Muhammad Faruk Khan, MP, Minister, Civil Aviation and Tourism joined...