Management
Management
Corporate taxes in Bangladesh highest in South Asia
Below Afghanistan in collection Zarif Mahmud: Bangladesh has the highest corporate tax rate in South Asia. But according to the research institute Center for Policy Dialogue (CPD), it is below Afghanistan. On the other hand, 2 lakh 13 thousand companies are registered in Joint Stock Company, but only 45 thousand…
Read More »Oil price 15-month low in global market, highest in BD
Special Correspondent: Unrest in the banking sector around the world and a possible rise in US interest rates have raised fears of a global recession. As a result, the demand for fuel is also expected to decrease. Due to these concerns, fuel price in the global market reached its lowest…
Read More »Depreciation adds Tk60,000cr payment burden for foreign loan
Industry Desk: The once cheaper foreign loan has now turned into a burden for private sector borrowers as they will have to pay an additional Tk60,000 crore against the total foreign currency loan of $24.3 billion thanks to taka devaluation.Back in 2021, when the greenback rate stood at Tk84.8, private…
Read More »Hajj airfare won’t be reduced: Biman
Staff Correspondent: Biman’s Managing Director and CEO Shafiqul Azim said that Biman will not slash this year’s hajj airfare as they have given the lowest plane fares for Haj pilgrims.He was briefing the press at its headquarters in the capital’s Kurmitola yesterday.This year’s hajj flights will start on May 21,…
Read More »Tk 730 cr remittance coming every day
Staff Correspondent: In March, the third month of this year, remittances (expatriate income) of $68.2 million or Tk 730 crore (at the rate of Tk 107 taka per dollar) are coming to the country every day. If this trend continues, the expatriate income will reach a record $2.11 billion or…
Read More »New life insurance cos in challenge of survival
Life Fund jeopardized Most of the companies have eaten up their capitals. On the other hand, people have lost their confidence on insurance due to the breach of contact by not paying claims, long years together Zarif Mahmud: The new generation life insurance companies facing the challenge of survival due…
Read More »PM cautions insurance cos against intentional damage claims
Staff Correspondent: Prime Minister Sheikh Hasina yesterday advised insurance companies to be cautious against “intentional damage” claims and defy any such inappropriate demands even in the face of political pressures by influential people.“Please don’t bow down to pressure from anyone,” she said while opening the National Insurance Day-2023 at the…
Read More »Frozen food export sees 12pc growth
Ashfaque Choudhury : Bangladesh is emerging as a major player in the global frozen food export market. Over the past few years, the country has seen a significant increase in the export of frozen food to other countries.Bangladesh has a wide variety of frozen food products that are exported around…
Read More »City children depriving of refreshing mind
Shahbagh Park work may take 6-yrs to finish Zarif Mahmud: Four years ago, the Directorate of Public Works and Dhaka South City Corporation (DSCC) took the initiative to modernize Shahbagh Shishu Park in Dhaka. Till now they could not start the work of the park. The two organizations have no…
Read More »Import falls for lacking of dollar
Mahfuja Mukul: Due to the dollar crisis, the government and Bangladesh Bank’s initiative to curb imports has reduced the country’s imports significantly. The import of most of the products has also decreased. In the first six months (July-December) of the current fiscal year, imports of foodgrains fell by 16 percent…
Read More »