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  • A file photo shows Hazrat Shahjalal International Airport in Dhaka. The home ministry has requested the National Board of Revenue for setting up offices at immigration check posts to identify tax evading foreign nationals leaving Bangladesh. — New Age photo

  • A DSE team led by its present Ahasanul Islam holds a meeting with Bangladesh Bank governor Atiur Rahman at the BB headquarters in the capital on Tuesday. — New Age photo

HOME  BUSINESS

Home ministry wants NBR desks at immigration posts

A file photo shows Hazrat Shahjalal International Airport in Dhaka. The home ministry has requested the National Board of Revenue for setting up offices at immigration check posts to identify tax evading foreign nationals leaving Bangladesh. — New Age photo
The home ministry has requested the National Board of Revenue for setting up offices at immigration check posts to identify tax evading foreign nationals leaving Bangladesh, officials of the revenue board said. The request was made at an... Full story

Oct mobile users̢۪ addition hits 9-month low despite 3G launch

The country̢۪s mobile phone operators added 11.17 lakh subscribers in October, which is lowest in nine months despite the launching of 3G services by four leading operators in the month. The total subscriber base of... Full story

Muhith asks BB to allow PKB to go for commercial banking

Finance minister AMA Muhith backs a longstanding demand of Probashi Kalyan Bank to upgrade its current status to a partial commercial bank so that the nascent bank is enabled to provide optimum services to Bangladeshi Diaspora. Full story

Blockade sends onion price soaring

The price of onion shot up to Tk 110 a kg on the retail market in the city as supply chain disrupted due to frequent blockade enforced by the opposition alliance. Traders said that both wholesale and retail markets faced... Full story

Scientists discover wonder rice gene: IRRI

Scientists have discovered a wonder rice gene that could dramatically increase yields of one of the world’s most important food crops, the International Rice Research Institute said Tuesday. Preliminary tests show that yields of modern long-grain ‘indica’ rice... Full story

BSEC gives M-banks, brokers more time to keep provision

The Bangladesh Securities and Exchange Commission on Tuesday extended the loan provisioning deadline by one year to December 31, 2014 of the unrealised losses that merchant banks and brokerage firms incurred in 2012. The decision was made in a regular meeting... Full story

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DSE demands Tk 300cr refinance fund released by this month

A DSE team led by its present Ahasanul Islam holds a meeting with Bangladesh Bank governor Atiur Rahman at the BB headquarters in the capital on Tuesday. — New Age photo
The Dhaka Stock Exchange on Tuesday urged the authorities concerned to take immediate step to disburse the first Tk 300 crore tranche of the government refinance fund worth Tk 900 crore for the investors affected by the stock market crash in 2010-2011 and... Full story

Stocks soar with rising turnover

Dhaka stocks soared on Tuesday with rising turnover due to increased participation of investors anticipating that the capital market regulator might relax some provisioning rules for merchant banks and brokers against their capital market investment. Full story

Japan preparing $53b economic stimulus package this week

Japan will craft an economic stimulus package this week worth about $53 billion to bolster the economy ahead of an increase in the national sales tax in April, people familiar with the process said on Tuesday. Full story

Myanmar invites int̢۪l cos to develop SEZ project

Myanmar has revised its plan of developing its Dawei Special Economic Zone (SEZ) in southern Tanintharyi region, inviting international companies to bid for the project following the pull-out of the sole developer, Italian-Thai Public Company, which had failed to keep on with the project work. Full story

RBI proposes new capital rules for banks too-big-to-fail

The Reserve Bank of India (RBI) plans to introduce increased capital requirements by 2016 for banks regarded as too big to fail, and make them subject to greater regulatory oversight. With the economy growing at its slowest rate in a... Full story

Dollar lifted in Asian trade

The dollar rose in Asia Tuesday after better-than-expected US manufacturing figures stoked speculation that the Federal Reserve will start tapering its stimulus before year's end. The greenback fetched 103.25 yen in Tokyo... Full story

Market Disclosures

Envoy Textiles Limited Credit Rating Agency of Bangladesh Limited has announced the entity rating (surveillance) of the company as 'AA2' based on unaudited financial statements up to 30 June 2013, bank liability position as... Full story


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