Friday, 29 Nov, 2024

Business

Bourses see significant gain Thursday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Thursday. The broad index of Dhaka Stock Exchange, DSEX, rose over 67 points to stand at 4866 at the close on the last trading day of the week. Trade deals stood at 196174 with transaction at Tk

SA Chowdhury new Janata Bank chairman

DHAKA: Government has appointed Sirajuddin Ahmed Chowdhury as new chairman and director of directorial body of Janata Bank Limited for next five years.The Bank and Financial Institutions Division of the Ministry of Finance issued a circular on Wednesday some eight days after the post

Businessman shot in capital

DHAKA: A gang of miscreants shot a money exchange owner in city’s Mirpur area on Wednesday. The victim was identified as Mohammad Shahidul Islam, owner of RR Money Exchange. Locals said a gang of unidentified miscreants shot him in the area around 2:30pm, leaving him injured

ACC Grills Ananda Shipyard MD

DHAKA: The Anti-Corruption Commission (ACC) quizzed Managing Director (MD) Afroza Bari of Ananda Shipyard on allegation of loan scam of Tk 1300 crore. Deputy Director Mir Zainul Abedin Shibli of ACC interrogated her from 12:00 noon to 13:45pm Wednesday. Pranab Kumar Bhatacharya, deputy

Social Business Design Lab to create entrepreneurs

DHAKA: The 30th Social Business Design Lab took place on September 17 at the Grameen Bank Auditorium.  Over 120 participants and observers from national and international organizations with diverse background attended the program. The Design Lab was chaired by Nobel Laureate Professor

Free medical service at tax fair

DHAKA: Aysha Memorial Specialized Hospital Pvt Ltd is serving the taxpayers at ‘National Income Tax Fair-2014’ at Officers’ Club in the city. Sources said the taxpayers are being provided free treatment, including pressure checking and sugar test. In this regard, Aysha Memorial

Indian textile expo from Sept 29

DHAKA: A two-day international textile exposition titled ‘Indian Textile Exhibition-INTEXPO Bangladesh’ will begin at Sonargaon Hotel in the city from September 29. The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC), an apex body of man-made fiber (MMF) textile

Stocks end higher Wednesday

DHAKA: Country's stock market marked significant gain in its price indices on Wednesday.  The broad index of Dhaka Stock Exchange, DSEX, shed over 38 points only to stand at 4,798 at the close on the last trading day of the week. Trade deals stood at 167327 with volume of transactions

GH to produce ice-cream from Thursday

DHAKA: Golden Harvest Ice Cream Limited, a subsidiary Company of Golden Harvest Agro Industries Limited, is set to start manufacturing ice-cream from Thursday. The matter was published on the website of Dhaka Stock Exchange (DSE) on Tuesday. It said, “The Company has informed that the

Best tax givers to be valued as CIP

DHAKA: Commerce Minister Tofail Ahmed on Tuesday categorically said that the best tax gives would be regarded as ‘Commercially Important Persons (CIP)’. He made the announcement while addressing the inaugural ceremony of week-long ‘National Income Tax Fare-214’ at Officers’

Novartis appoints ADL as distribution partner

DHAKA: Novartis Bangladesh Ltd has appointed Aquamarine Distribution Ltd (ADL) as the exclusive distribution partner to distribute one of their flagship products WON Mosquito Repellent Lotion, a press release says.Managing Director of Novartis Bangladesh Ltd Nahar Mahmud and Managing

Govt working to lessen income tax panic

DHAKA: Finance Minister AMA Muhith said people even now fear about income tax and the government is working to lessen the fear as well as harassment in this regard.The finance minister came up with the assertion while addressing an award giving ceremony to 402 people and

Lufthansa pilots to go on strike on Tuesday

DHAKA: Pilots at Germany’s biggest airline Lufthansa said they would go on strike Tuesday, for the fourth time in three weeks, over changes to early retirement rules.A union said, reports The Straits Times.The eight-hour walkout will go from 9am to 5:00pm local time and hit

5-day Eid holiday in DSE, CSE

DHAKA: All types of official activities as well as the trading of shares at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will remain closed for five days on the occasion of upcoming Eid-ul-Azha.DSE and CSE sources said on Monday.The Eid vacation will begin from

Rally on Income Tax Day

DHAKA: The National Income Tax Day-2013 being marked in the country on Monday with a view to creating mass awareness about income tax.  The slogan for the Income Tax Day 2014 is 'Boost income tax, bring prosperity to the nation and the people'. Ghulam Hussain, Secretary Internal

BB world’s role model: Dr Atiur

DHAKA: Bangladesh Bank (BB) governor Dr Atiur Rahman claimed that many other countries have accepted BB as a role model in banking sector. The central bank governor said BB was awarded as a role model and working for building digital Bangladesh. He made the disclosure while addressing

Pay salary, bonus before Eid: Chunnu

DHAKA: State Minister for Labor and Employment Ministry Majibul Haque Chunnu asked the authorities concerned to pay the salary and bonus of Tuba Group workers before Eid-ul-Azha. The ruling Awami League lawmaker made the plea in a meeting with Tuba Group Sramik Sangram Committee members

NBR to award 403 taxpayers

DHAKA: The National Board of Revenue (NBR) will award 403 income taxpayers across the country as recognition of their respective contributions.  NBR recently issued a gazette notice to honor the highest taxpayers for 2012-13 and 2013-14 fiscal years. The awards will include tax cards,

BD ranks 8th in remittance earning

DHAKA: Bangladesh Bank (BB) governor Dr Atiur Rahman said that according to the report of World Bank, Bangladesh is the eighth remittance receiving country in the world in 2013.He also said that around 23.5 lakh Bangladeshi expatriates are working in 157 countries of the world.Atiur

Banglalink Rangpur Bhawaia Utshob ends

DHAKA: A three-day long ‘Banglalink Rangpur Bivagio Bhawaia Utshob 2014’ ended Saturday. One of the most significant cultural festivals of the northern region, the three-day long festival includes rally, Pala Gaan, Bhawaia Dance and Bhawaia songs competition among other