Corporate
Corporate
Insurance amendment Act under consideration
Rafiqul Islam Azad : The government is contemplating amendments to the Insurance Act-2010, aiming to render it more contemporary and efficacious. The objective is to ensure robust protection for both customers and companies within the insurance sector while harmonizing its provisions with other pertinent laws.The Insurance Development and Regulatory Authority…
Read More »Car insurance to be mandatory again
Zarif Mahmud: The type of car insurance is changing. Not first party or third party as before, new insurance policies are coming for cars with new names. All registered vehicle owners must have this insurance compulsorily.The draft Road Transport Amendment Act, 2024 provides for making insurance compulsory for all vehicles.…
Read More »Tk 3,000 cr VAT dispute with Padma Oil yet to solve
Staff Correspondent : There is a tug-of-war between Chittagong VAT Commissionerate and Padma Oil Company over Tk 1,400 crore VAT. State-owned company Padma Oil sells jet fuel to foreign airlines. They are not paying VAT by showing it as export. But the VAT Commissionerate claims that the bill should be…
Read More »Millions of investors have lost capital
Securities market lost confidence Mahfuz Emran : Disaster is going on in the stock market. The market has come down to the bottom. Millions of investors have lost everything. In the last 7 working days, the price of Dhaka Stock Exchange (DSE) has decreased by 300 points and the market…
Read More »Majority of share market investors lose capital
-Facing confidence crisis-Market lost Tk 76,000cr-Index lost 500 points Mahfuja Mukul: The country’s stock market has been in a bad state for a long time. Even after turning around for a few days, the stock market continues to fall again. Investors are constantly losing their invested capital. There is no…
Read More »Bangladesh allocates lowest budget for health sector dev
Syed Nasir Hossain : The country’s health sector has been criticized at various times due to inadequate health care facilities, inadequate doctor-nurses, shortage of hospital beds, poor quality treatment, lack of skilled lab technicians. The weakness of the health sector has become widespread during the time of Corona. However, no…
Read More »Economy backing on right track
Mahfuja Mukul : The economy of the country is once again blowing fresh air. Expatriate income, exports have been increasing for several consecutive months. Import costs have decreased. And it has reduced the trade deficit overall. Not only that, there is also a current account surplus. Economists see this trend…
Read More »Bangladesh fails to curb inflation
Mahfuja Mukul : Bangladesh Bank has taken contractionary monetary policy to reduce inflation but it is not working. High inflation can’t be reduced by monetary policy. On the other hand, due to contractionary monetary policy, interest rates are increasing every month. It increases the cost of business. Investments are affected…
Read More »Bangladesh needs to strengthen credit capability for FDI
Zarif Mahmud : Despite developing economic zones and adopting one-stop services to attract foreign direct investment (FDI), Bangladesh has failed to get as much as it targeted.Not only global economic giants like India, even small economies in the South Asian region such as the Maldives and Sri Lanka are ahead…
Read More »Petrobangla incurs huge losses in dealing gas
Mahfuj Emran : Petrobangla has started making losses at an alarming rate in the energy sector. In the last month of August, where the operating profit was Tk 32.85 crore, in September, it made a loss of Tk 103.99 crore. Operating profit has decreased by Tk 71.14 crore, which is…
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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 …
