Corporate
Corporate
Growth target decreasing while inflation increasing
Staff Correspondent: The gross domestic product (GDP) growth and inflation targets in the budget for the current financial year 2023-24 are being revised. Considering the current economic situation of the country, the GDP growth target may be reduced to 6.5 percent. This target in the budget was 7.5 percent.On the…
Read More »1.15 cr people get benefit from safety net scheme
Staff Correspondent: Safety net scheme of the government has been playing a significant role to curb poverty as 1.15 crore marginal people from 262 upazilas are getting the benefits.“A large number of rural marginal people across the country are getting benefits from the safety net scheme of Prime Minister Sheikh…
Read More »NBR starts vigilance in markets shopping malls
Drive to hunt new taxpayers Mahfuz Emran: The per capita income of the people of the country has increased. Once upon a time, the rich used to rush to the city market to shop. The most capable people ran abroad. However, with the increase in economic activity in the country,…
Read More »Tk 163cr wasted due to quorum crisis in JS
Staff Correspondent: Transparency International Bangladesh said that the 10th general election held on January 5, 2014, was neither participatory nor contested as the main opposition party boycotted it.As a result, ruling Awami League formed the government with overwhelming majority and it became the center of power in Parliament, TIB said…
Read More »Atta price increased by Tk 10 per kg
Staff Correspondent: Flour prices have increased in the wholesale and retail markets. In a span of two weeks, the price of flour has increased by a maximum of Tk 10 per kg and Atta by a maximum of Tk 6 per kg.Consumer goods marketing companies say that the increase in…
Read More »Income of 25 insurance companies decreased
Staff Correspondent: Out of 42 non-life insurance companies listed in the stock market, 41 companies have published unaudited financial reports in the third quarter (July-September’23). Out of this, 25 companies saw their income decline. Revenues of 14 companies increased and 2 companies remained unchanged during the same period. This information…
Read More »Dhaka Tobacco dodges over Tk 11,000 cr VAT
Saleh Ahmed Hussain: Tobacco is injurious to health. Still, the government does not ban tobacco considering the revenue. Day after day multinational companies are making billions of taka in profit. Despite earning huge profits, the country’s second largest cigarette manufacturing company, Dhaka Tobacco Industries, has evaded about Tk 11 thousand…
Read More »62,000 eggs came from India thru Benapole
First shipment Benapole Correspondent: 61 thousand 950 eggs were imported from India for the first time through Benapole of Jessore. The import price of which is shown as $2,988.40.A vehicle carrying a consignment of eggs from Petrapole port in India entered Benapole port on Sunday (November 5) evening. The representatives…
Read More »NBR fails to meet revenue collection targets in 3-month
Syed Nasir Hossain: The National Board of Revenue (NBR) is failing to meet revenue collection targets. NBR could not achieve the target of revenue collection in the first quarter or three months of the current (2023-24) financial year i.e. July-September. At this time, despite the growth of 14.34 percent, the…
Read More »LC settlement reduced further
Staff Correspondent: Many traders are unable to open letters of credit (LC) on demand due to the dollar crisis. They are also facing various problems while settling the LC. Due to this, imports are decreasing. In the first quarter of the current financial year, LC has settled products worth $1,650…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
