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IMF for end to tax break for IT sector

Staff Reporter : The International Monetary Fund (IMF) has proposed discontinuing the tax exemption facility for the information technology (IT) industry, which is scheduled to end in June 2024. The visiting delegation of the...

Huge irregularities in AIBL

Gazi Anowar and Muhid Hasan : Al Arafah Islami Bank Ltd reportedly disbursed over Tk 1,200 crore in loans amidst significant irregularities. According to Bangladesh Bank data, three branches of the bank in different...

DB nabs 3 stock mkt influencers

DB nabs 3 stock mkt influencers

Staff Reporter : The Dhaka Metropolitan Police (DB) has arrested three members of a gang that manipulated the stock market by spreading false information to various groups through social media. The information was given...

Reserve depletion continues

Staff Reporter : The Bangladesh Bank has sold a substantial amount of US dollars from its foreign exchange reserves to local banks, totaling $11.67 billion in less than 10 months of the current financial...

Worshippers in special prayers for rain

Staff Reporter : Thousands of Bangladeshis have gathered for special prayers called ‘Istiskara Salat’ seeking rainfall in the middle of an extreme heatwave that remained for the last couple of weeks across the country,...