Business Report : The private sector credit growth in the country dropped to a five-month low in April due to...
Day: June 12, 2024
Business Report : Although some steps were taken in the right direction, the measures proposed in the budget for the upcoming fiscal year centring macroeconomic stability, trade and investment are insufficient, experts and businesspeople opined in a discussion. They made the remarks during a “Post-Budget Panel Discussion” held by the American Chamber of Commerce in Bangladesh (AmCham) in the capital on Monday. Those present recommended placing more emphasis on combatting the foreign reserve crisis, finding alternatives to increase export revenue...
Business Report : From deposit to investment, and even in case of wage earners’ remittance, the Shariah-based banking operations keep...
Court Correspondent : The Anti-Corruption Commission (ACC) will issue an asset declaration notice against former Inspector General of Police Benazir Ahmed and his family members. “As part of the ongoing investigation against Benazir, an asset declaration notice will be issued under Section 26 (1) of the Anti-Corruption Commission Act, 2004,” a senior ACC official told the media. If Benazir and his family members do not comply with the notice like their summons earlier, a case will be filed against them,...
Staff Reporter : The Tour Operators Association of Bangladesh (TOAB) yesterday urged the government to maintain the existing VAT exemption on tour operator services, a benefit slated for withdrawal in the proposed national budget announced on June 6. At a press conference held at the Nasrul Hamid Auditorium, Dhaka Reporters Unity (DRU), TOAB President Md. Rafeuzzaman emphasized the importance of continuing the VAT exemption to foster the growth of the tourism sector. Rafeuzzaman, who also chairs the FBCCI Travel, Tour...
City Desk : A Dhaka court has ordered to send TikToker Abdullah Al Mamun alias Prince Mamun to jail in a rape case filed by another woman TikToker. Dhaka Metropolitan Magistrate Md Mamunur Rashid’s court passed the order on Tuesday after rejecting the bail and remand plea. Earlier, the investigating officer of the case, Dhaka Cantonment police station Sub-Inspector (SI) Muhammad Shahjahan produced the accused before the court and applied for a seven-day remand. Prince Mamun was arrested from the...
Court Correspondent : The High Court Division of the Supreme Court on Tuesday directed the authorities concerned to submit a list of Rohingyas who have been registered as voters in Bangladesh so far. A High Court bench consisting of Justice Naima Haider and Justice Kazi Zinat Haque passed the order hearing a writ petition filed in this regard on Tuesday. The Election Commission, Local Government Secretary, Cox’s Bazar’s Deputy Commissioner and other concerned officials were asked to submit the list...
Sports Reporter : Promising pacer Tanzim Hasan said, ” We were unfortunate. So, we could not win the match against South Africa. The match between Bangladesh and South Africa was a low scoring game. We had to win the match. I think our batters batted well but their bowlers also bowled well. It was a tough task for the batters to score runs in this wicket. Our batters tried hard but they could not chase the score of South Africa.”...
Court Correspondent : The Anti-Corruption Commission (ACC) sued former Commissioner of Large Taxpayers’ Unit (LTU) of value-added tax (VAT) of the National Board of Revenue (NBR) Waheeda Rahman Choudhury on charge of waiving interest of Tk 152 crore to four mobile operator companies by misusing her official capacity. The case was filed at the ACC’s Integrated District Office in Dhaka-1 on Tuesday. ACC Assistant Director Md Shah Alam Sheikh filed the case. Customes Commissioner Waheeda Rahman Choudhury went on retirement...
Sports Reporter : Promising in-form batter Towhid Hridoy said, ” We lost the match against South Africa as I was out.” Towhid Hridoy is now in a good form. Hridoy struck 40 using 20 deliveries against Sri Lanka in the first Group-D match of the ICC T20 World Cup between Bangladesh and Sri Lanka on June 8. Hridoy hit a sparkle 37 capitalising 34 deliveries when he was trapped leg before wicket by Kagiso Rabada in the first delivery of...
Business Report : Bangladesh Bank (BB) has asked the commercial banks to ensure smooth and uninterrupted transactions through the Automated Teller Machine (ATM), Point of Sale (POS), Internet Banking, Online e-payment Gateway and Mobile Financial Services (MFS) during the vacation of Eid-ul-Azha. “Banks need to ensure round-the-clock ATM service. If any technical problem occurs at ATM booths, it should be resolved as soon as possible and adequate cash supply should be ensured,” the central bank said in a circular on...
Agency : South Africa captain Aiden Markram admitted that they were fortunate to secure the match against Bangladesh in their recent World Cup contest.’ Bangladesh fell short of just four runs to achieve their first T20I win against the Proteas. Jaker Ali and Mahmudullah Riyad tried to hit a maximum but were caught by Markram on the boundary when they needed seven runs from the final three balls. The Tigers earlier restricted the strong African nation to 113-6 in 20...