Corporate

Passenger increasing Rabiul Haque : In the last few years, passenger demand has increased in various countries of Asia and Europe-America. Biman Bangladesh Airlines, the national flag carrier, is operating new flights to these destinations one after another. In the last two years, flights have started operating to Toronto in…

Staff Correspondent: The government today approved separate proposals for procuring some 50,000 metric tons of wheat, 70,000 metric tons of fertilizer, 1.10 crore liters of soybean oil and 8,000 metric tons of lentil to meet the growing demand of the country.The approvals came from the 4th meeting of the Cabinet…

Staff Correspondent : In the year 2023, the total insurance claim raised was Tk 12,117 crores. Against this, the insurance companies have paid claims of Tk8,754.59 crore. The claim payment rate is 72 percent. The claim payment rate has increased by 5 percent compared to 2022.Mohammad Zainul Bari, chairman of…

Farhad Chowdhury : Bangladesh Hi-Tech Park Authority (BHTPA) has approved 10 more private parks in the last four years. Sector stakeholders have questioned the approval of private parks despite insufficient investment in government parks. Those concerned say that private companies are interested in declaring hi-tech parks to get business benefits…

Market faces huge volatility Staff Correspondent : The Dhaka and Chittagong Stock Exchanges (DSE and CSE) on Sunday downgraded the shares of 22 listed companies from the previous ‘A’ or ‘B’ category to the ‘Z’ category. Due to this, at the beginning of trading at 10 am, the price of…

Zarif Mahmud: No direct or indirect tax shall be levied on the interest or profit earned by banks through offshore banking business. Besides, there will be no tax or duty on the income earned by the depositors. The government is going to enact the ‘Offshore Banking Act’ for the first…

For electricity subsidy Zarif Mahmud : The Finance Department has signed a memorandum of understanding with 24 banks regarding the issue of bonds for payment of power sector subsidies. The agreement was signed between 24 banks, creditor power generation companies and the power department at Vidyut Bhaban on February 7.…

Staff Correspondent : In 2023, more than 11,000 complaints were made by customers against the country’s mobile phone operator companies. These complaints have been submitted to the Bangladesh Telecommunication Regulatory Commission (BTRC). The regulator said that 76 per cent of complaints have been resolved within a year. However, the assessment…

Nasiruddin Ahmed : The government is facing a cash crisis amid the severe dollar crisis due to the global and domestic economic recession.Due to the increase in the prices of all kinds of products in the international and domestic markets, the expenditure of the government has increased. In contrast, incomes…

Staff Correspondent : According to Air Quality Index (IQIR), an air quality monitoring organization, Dhaka’s air is unhealthy most of the year. During the winter season that becomes ‘very unhealthy’. The sky of Dhaka is covered with gray dust. Dhaka also tops the world list of air pollution. It is…