Day: October 3, 2024
HC withdraws verdict on Grameen Kalyan’s Tk 666 crore tax dispute
The High Court has withdrawn its August 4 ruling that ordered Grameen Kalyan, an organization founded by Nobel laureate Dr. Muhammad Yunus, to pay BDT 666 crore in taxes to the National Board of Revenue (NBR). The decision was made after one of the ju…
Nassa Group Chairman Nazrul Islam secured Tk 261cr interest waiver from Janata Bank using political influence: Bangladesh Bank investigation
Nassa Group Chairman Nazrul Islam Majumder had Tk 261 crore in interest waived on a loan from Janata Bank, allegedly using his political connections.
This waiver, on a loan of Tk 156 crore, allowed Majumder to avoid paying any interest. As a result, …
Govt to float open tender to drill 26 wells in gas fields soon: Energy Adviser
The government will float an open tender to drill 26 wells in different gas fields soon in order to enhance gas production.
Adviser for Power and Energy Dr Muhammad Fouzul Kabir Khan announced the decision at a press briefing at his ministry on Thurs…
Finance Adviser urges banks to ensure rigorous loan scrutiny and inclusive lending
Finance Adviser Dr. Salehuddin Ahmed on Thursday called on bank owners and management to conduct thorough scrutiny of loans before lending, urging caution to avoid past mistakes.
‘I requested them [BAB] to approve loans after proper scrutiny under th…
Dhaka Stock Exchange investors demand BSEC Chairman’s resignation amid market instability
Investors of the Dhaka Stock Exchange (DSE) have called for the resignation of Bangladesh Securities and Exchange Commission (BSEC) Chairman Khondoker Rashed Maqsood, citing his inability to manage the volatile stock market.
The demands came after sh…
Advisory Council approves draft ‘Export Policy 2024-27’
The Advisory Council approved the export policy for 2024-27 on Thursday, setting a target to achieve merchandise exports worth $110 billion by the end of the 2026-27 fiscal year.
According to an official release from the Cabinet Division, the new exp…
Draft of amended WASA law approved by advisors’ council
The Cabinet on Thursday approved the draft of the ‘Water Supply and Sewerage Authority (amendment) Ordinance-2024’ in principle, to ensure better service for citizens and keep administrative activities running.
At a meeting of the Advisory Council, t…
Ethiopian Airlines launches Buy One Get One Free ticket promotion to celebrate its debut in Bangladesh
Ethiopian Airlines, Africa’s leading carrier, has introduced a special buy-one-get-one-free (B1G1) ticket promotion for flights from Dhaka to all its global destinations, marking its entry into the Bangladesh market.
The airline will launch five week…