Business Report : Bangladesh spent $2.03 billion on external debt servicing, including paying off the principal and interest on foreign debt, in the first eight months of FY24. Of the total, the interest payments amount to $805.9 million, while the payments towards principal were $1.22 billion. In the first 8 months of the last FY23, debt servicing stood at $1.42 billion. It means the amount has gone up by $610 million in the space of a year, or 43% year-on-year....
Day: March 28, 2024
Tasnuba Akhter Rifa : The leather and leather goods industry in Bangladesh has garnered the trust of both domestic and foreign buyers owing to its combination of low prices and high quality. Nevertheless, its export potential remains largely untapped due to a lack of international standard certification. In response, the National Board of Revenue (NBR) has implemented a reduction in source tax on leather and leather goods exports from 1% to 0.5% until June 30, 2025. While this move is...
Staff Reporter : If revenue collection from personal income tax increases by two percentage points of GDP, it will result...
Sports Reporter : Ace all-rounder Shakib Al Hasan and promising pacer Hasan Mahmud have been included in the Bangladesh Test...
Staff Reporter : The Anti-Corruption Commission (ACC) filed a case on Wednesday against 21 officials and employees of four banks and two officials of money exchange houses at Hazarat Shahjalal International Airport in Dhaka on charges of buying and selling foreign currencies illegally and laundering money belonging to expatriate workers back home. Syed Nazrul Islam, a deputy director of the ACC, filed the case with its integrated district office in Dhaka-1, said ACC secretary Khorsheda Yasmeen. She said that an...
AFP, Los Angeles : Angel Di Maria, Alexis Mac Allister and Lautaro Martinez rescued Argentina on Tuesday as the world champions came from behind to beat Costa Rica 3-1 in an international friendly in Los Angeles. The South American giants, missing injured captain Lionel Messi, wrapped up their two-match tour of the United States with a deserved victory at the Los Angeles Memorial Coliseum. Lionel Scaloni’s side, who defeated El Salvador 3-0 in Philadelphia on Friday, dominated the opening 45...
Court Correspondent : A Dhaka court on Wednesday fixed April 25 for hearing on accepting charge-sheet against 33 people in a case filed over the sensational murder of Awami League leader Jahidul Islam Tipu and college student Samia Afrin Prity in Dhaka’s Shahjahanpur area in 2022. Judge Ali Hossain of the Special Judge Court-3of Dhaka fixed the date after the chargesheet was submitted before the court for acceptance. Earlier on June 5, MdYasinSikder, an Iinspector of Detective Branch of Police,...
Business Desk : Integrating digital payments in the microfinance sector can save work hours, enhance productivity, simplify instalment and deposit...
Chattogram Bureau : Intern doctors of CMCH are observing a token strike demanding their monthly allowance for the apprentice doctors and the fourth day of the postgraduate private trainee doctors demanding payment of allowances. The intern doctors started ceasefire on Wednesday (March 27). Earlier, their programme started from March 25. The movement of the apprentice doctors will continue till 2:00pm on March 27, said the General Secretary of the hospital Intern Physician Association....