Tuesday , 15 June 2021
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British company to invest $7.5 b in Dhaka-Payra seaport rail link

businessnews24bd.com A British company has proposed to invest $7.5 billion in the Dhaka-Payra seaport rail link project, a vital infrastructure as part of the government’s ambitious economic development plan. An official of the railways ministry said the UK firm — DP Rail — has submitted a proposal in this regard. The decision about the proposal would be made at a ... Read More »

Those who earn Tk 16,000 or more must pay tax: Muhith

 Sylhet Correspondent Finance Minister AMA Muhith on Saturday  said the government is planning to bring those who earn Tk 16,000 or more a month under the tax net from the next fiscal year. He came up with the disclosure while talking to reporters after visiting Shahi Eidgah in the city. The minister also said they will finalise their decision to ... Read More »

Bid to evade tax foiled: Cosmetics laden container seized in Ctg Port

businessnews24bd.com, Chittagong Customs Intelligence and Investigation Department (CIID) detained cosmetics laden container at Chittagong Port  recently . The container filled in cosmetics goods was imported from abroad with false declaration aimed at evading  govt duties . CIID sources said  M/s. MR Enterprises of Dhaka imported  these contraband cosmetics from UAE with declaration of  automobile accessories . CIID said bill of ... Read More »

BD in MIT list of young inventors

IT Desk Bangladeshi youth Ehsan Hoque has made it to the Massachusetts Institute of Technology (MIT) list of top young innovators of 2016 . The Technology Review journal published by Massachusetts Institute of Technology ( MIT ) placed Ehsan Hoque among 35 others. The journal listed under-35 top inventors. People named on this list are famous for changing the world. ... Read More »

Govt moves to revitalise Pangaon Container Terminal

businessnews24bd.com The government has taken a fresh initiative to make the Pangaon inland container terminal more useful, slashing exporters’ costs of carrying raw materials by half. The decision was taken yesterday at a meeting attended by Finance Minister AMA Muhith, Shipping Minister Shajahan Khan and officials of the National Board of Revenue and shipping ministry. “There were some problems, but ... Read More »

Kuwait once again bans hiring workers from Bangladesh

businessnews24bd.com Kuwait has once again imposed a ban on recruiting workers from Bangladesh, local media reports say.  It comes months after the Gulf nation reopened its manpower market for Bangladesh under certain conditions, reports the Kuwait Times. It said the interior ministry took the decision on Monday. “Undersecretary Assistant for Citizenship and Passports Affairs Sheikh Mazen Al-Jarrah made the decision ... Read More »

Fund shortage hits purchasing of raw jutes in Khulna, Jessore

Ahsanul Amin George, from Khulna Fund allocation by the  Bangladesh Jute Mills Corporation (BJMC) for purchasing raw jute for nine Jute Mills in Khulna-Jessore region is  not sufficient, said some project heads of different Jute Mills in this region. On  August 22, 2016, Taka 14.55 crores were released  only for purchasing raw jute for nine Jute Mills in Khulna-Jessore region. ... Read More »

`Income Tax Form to be comprehensible`

businessnews24bd.com Terming “Income Tax Form” complicated, State Minister for Finance and Planning M A Mannan said, “Tax payer could not understand the form easily. Government has already started processing to make it comprehensible.”   The State Minister came up with the disclosure while speaking an Income Tax Awarness Workshop at Sagor-Runi auditorium of the capital`s Dhaka Reporters Unity (DRU) on ... Read More »

IFC partners with Levi Straus in textiles factories in BD

The IFC has partnered with famous jeans-wear manufacturer Levi Strauss & Co (LS&Co) to develop a global programme to reduce water, energy, and chemical use in textiles factories, reports bdnews24.com  IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. It said the new partnership would build on ... Read More »

NBR hits out at Jamuna Group with media statement detailing dev works possible with dues

The National Board of Revenue (NBR) has come up with an exceptional attempt to lash out at Jamuna Group, reports bdnews24.com  It released a media statement on Wednesday, detailing development works that could be done with the Tk 2.16 billion the business conglomerate owes in taxes. These are as follows: # Construction of 108,000 box culverts, which means at least ... Read More »