Bangladesh

Mobilising pvt investment biggest challenge: CPD

The challenge of attracting private investment remains the same as the government in the proposed budget for 2016-17 fiscal year did not give any clear outline to boost confidence of investors, Centre for Policy Dialogue (CPD) says in its budget reaction.
3 June 2016, 08:27 AM

SWIFT fights to restore faith after BB heist

The chief executive of secure messaging system SWIFT says the theft of $81 million from Bangladesh's central bank, by criminals sending fraudulent payment instructions via SWIFT, would force the organisation to shrink and review its strategy.
3 June 2016, 08:11 AM

Unemployed nurses boycott recruitment test

Agitated unemployed nurses boycott the recruitment test, continuing their protest at Dhaka Medical College Hospital (DMCH) campus.
3 June 2016, 07:13 AM

India may grant citizenship to Hindus from Bangladesh soon

The home ministry of India is ready with draft amendments to citizenship law that will exempt minority citizens of Bangladesh and Pakistan who had gone to that country out of fear of religious prosecution from being tagged as "illegal migrants".
3 June 2016, 07:13 AM

Imran Tahir says Ramadan won't put him in a spin

When Ramadan starts, Imran Tahir will begin juggling the demands of observing his Muslim faith and playing a full day of international cricket for a team sponsored by a beer company.
3 June 2016, 06:44 AM

Namaj-e-janaza of Fahim Munaim held at Jatiya Press Club

The first namaj-e-janaza of Syed Fahim Munaim, chief executive officer and chief editor at Maasranga Television, has been held on the premises of Jatiya Press Club in Dhaka.
3 June 2016, 06:36 AM

Terrorist attacks rise in Bangladesh in 2015, says US State Department report

Terrorist attacks and the total number of deaths increased in Bangladesh in 2015, according to the US State Department.
3 June 2016, 05:41 AM

New StanChart credit card offers savings, cash backs

Standard Chartered launches a new credit card in Bangladesh which will provide customers a host of attractive benefits including savings and cash-backs.
3 June 2016, 05:13 AM

Bus-truck collision kills 10 in Bogra

Ten people are killed and 12 others injured in a head-on collision between a bus and a truck on Dhaka-Bogra highway in Sherpur upazila of Bogra.
3 June 2016, 04:13 AM

Hearing on proceedings against Khaleda adjourned till Jun 23

A Dhaka court yesterday adjourned the hearing of trial proceedings till June 23 in Zia Charitable Trust graft case filed against BNP Chairperson Khaleda Zia and three others.
2 June 2016, 18:00 PM

Budget anti-people

Opposition leaders yesterday termed the proposed budget for the next fiscal year anti-people and not feasible.
2 June 2016, 18:00 PM

October 30 Tax Day

The government declared October 30 as Tax Day, setting a fixed deadline for individual taxpayers to submit their income tax returns for the year. Individuals will have to file returns on or before that date.
2 June 2016, 18:00 PM

BGMEA building must come down

The Supreme Court yesterday upheld a 2011 High Court verdict that ordered demolition of the 15-storey BGMEA building illegally built in the heart of Begunbari canal in the capital.
2 June 2016, 18:00 PM

Super rich have to pay more taxes

The super rich would have to pay more tax as the budget proposed restructuring the surcharge on individual's net wealth and increase the maximum rate up to 30 percent.
2 June 2016, 18:00 PM

Down under VAT glut

Returning early from work, Mahbub Alam, an employee of a non-government organisation, flopped down on his couch and
2 June 2016, 18:00 PM

VAT to push up cost of living

The government has backtracked from its decision to roll out the new VAT law from July due to resistance from businesses and a section of revenue officials and inadequate preparation from the National Board of Revenue.
2 June 2016, 18:00 PM

Tobacco tax to benefit multinationals

Multinational tobacco companies will benefit from the proposed budget as the finance minister has not increased the prices of medium and high segment cigarettes.
2 June 2016, 18:00 PM

New jobs to stay elusive

The parameters of employment generation show it would be a tough task for the government in the next fiscal year to create adequate jobs, which is a key element for higher economic growth.
2 June 2016, 18:00 PM

Revenue target very ambitious

While economists have praised the proposed budget's emphasis on mega projects, skill development and job creation, they have termed the revenue generation target very ambitious.
2 June 2016, 18:00 PM

Middle-class hit by tax burden

Ariful Islam has been paying taxes regularly for the last several years on the income from his employment as a banker.
2 June 2016, 18:00 PM